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| Price | ▼ 1.58% | ▲ 4.77% | ▼ 4.72% | ▼ 3.10% |
| Energy | ▲ 0.9 | ▲ 25.1 | ▼ 4.4 | ▼ 14.6 |
Trend of Bear Critical COTTON Weekly
▸When COTTON is in Bear Critical:
- then COTTON moved to higher Market State: 16 times — 69.6%
- then COTTON moved to lower Market State: 7 times — 30.4%
▸Current COTTON market energy: -69.12%
- Distance to upper bound of Bear Critical (at -60%): 9.12%
- Distance to lower bound of Bear Critical (at -74.5%): 5.38%
"Why does archaeology matter?" — 2AITRADING
After the Weekly data updates, Result for COTTON: the near-extreme Bear energy state.
Per the 2AI model, Market Energy reading dropped -14.6%, moving from -54.5% to -69.1% after the Weekly candle.
Time in Bear Critical 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 03-06-2024 closed, COTTON was at 0.7312, down 3.1% from the previous candle (0.75461). Market Energy was -69.1%, down 14.6 points from -54.5%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How much did COTTON price move on this Weekly candle, and how large is that historically?
COTTON closed at 0.7312, down 3.1% from the previous Weekly candle (0.75461). This drop is larger than 66% of past drops on the Weekly timeframe for COTTON, across 319 candles since 2019.
How did COTTON Market Energy change from the previous candle?
Market Energy fell 14.6 percentage points from the previous candle — from -54.5% to -69.1%. This drop is larger than 63% of past drops on the Weekly timeframe for COTTON.
Do COTTON price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was COTTON in on the previous Weekly candle?
The previous Weekly candle had COTTON at -54.5%, Bear Bias — when this candle closed, COTTON moved down to a lower zone: Bear Bias → Bear Critical.
Where does COTTON energy sit within the Bear Critical zone?
At -69.1%, COTTON is 9.12 points from the upper boundary of Bear Critical (-60%) and 5.38 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bear Critical mean?
Bear Critical is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Critical 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 Extreme with energy 93.5%; GER40 (European equities) in Bull Extreme with energy 99.1%. Against this backdrop, COTTON (Bear Critical, -69.1%) 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 Neutral with Market Energy -11.8%. COTTON energy is currently below DXY by 57.3 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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