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| Price | ▼ 1.00% | ▼ 0.42% | ▲ 8.18% | ▼ 3.26% |
| Energy | ▲ 0.2 | ▼ 5.7 | ▲ 34.6 | ▼ 2.9 |
Trend of Neutral COTTON Weekly
▸When COTTON is in Neutral:
- then COTTON moved to higher Market State: 35 times — 46.7%
- then COTTON moved to lower Market State: 40 times — 53.3%
▸Current COTTON market energy: 18.74%
- Distance to upper bound of Neutral (at 20.88%): 2.14%
- Distance to lower bound of Neutral (at -20.88%): 39.62%
"Why does archaeology matter?" — 2AITRADING
As the Weekly candle completes, COTTON within the Neutral zone.
End-of-session update for Weekly, Market Energy moved from 21.7% to 18.7%, down -2.9% from the previous candle.
Time in Neutral energy zone: 1 Weekly Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COTTON price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 08-06-2020 closed, COTTON was at 0.59545, down 3.26% from the previous candle (0.6155). Market Energy was 18.7%, down 2.9 points from 21.7%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did COTTON price move on this Weekly candle, and how large is that historically?
COTTON closed at 0.59545, down 3.26% from the previous Weekly candle (0.6155). This drop is larger than 79% of past drops on the Weekly timeframe for COTTON, across 110 candles since 2019.
How did COTTON Market Energy change from the previous candle?
Market Energy fell 2.9 percentage points from the previous candle — from 21.7% to 18.7%. This drop is larger than 25% of past drops on the Weekly timeframe for COTTON.
Do COTTON price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was COTTON in on the previous Weekly candle?
The previous Weekly candle had COTTON at 21.7%, Bull Bias — when this candle closed, COTTON moved down to a lower zone: Bull Bias → Neutral.
Where does COTTON energy sit within the Neutral zone?
At 18.7%, COTTON is 2.14 points from the upper boundary of Neutral (20.88%) and 39.62 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Bias with energy 53.2%; GER40 (European equities) in Bull Bias with energy 55.8%. Against this backdrop, COTTON (Neutral, 18.7%) lower than SPX500, GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Bias with Market Energy 30.3%. COTTON energy is currently below DXY by 11.5 points.
See the real-time energy chart for COTTON.
Open Energy ChartSee the full 2AiTrading Model data for COTTON on the COTTON overview →
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