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| Price | ▼ 0.86% | ▼ 2.79% | ▲ 2.71% | ▲ 5.50% |
| Energy | ▲ 14.8 | ▼ 18.6 | ▲ 9.9 | ▲ 47.7 |
Trend of Bull Bias COTTON Weekly
▸When COTTON is in Bull Bias:
- then COTTON moved to higher Market State: 19 times — 33.3%
- then COTTON moved to lower Market State: 38 times — 66.7%
▸Current COTTON market energy: 25.98%
- Distance to upper bound of Bull Bias (at 60%): 34.02%
- Distance to lower bound of Bull Bias (at 20.88%): 5.1%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
The Bull Bias level recorded from just-completed Weekly candle data for COTTON.
Observing the COTTON market this session, Market Energy rose +47.7% this candle, currently 26% (previous candle -21.8%).
Time in Bull Bias 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 16-09-2024 closed, COTTON was at 0.74499, up 5.5% from the previous candle (0.70615). Market Energy was 26%, up 47.7 points from -21.8%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did COTTON price move on this Weekly candle, and how large is that historically?
COTTON closed at 0.74499, up 5.5% from the previous Weekly candle (0.70615). This rise is larger than 90% of past rises on the Weekly timeframe for COTTON, across 334 candles since 2019.
How did COTTON Market Energy change from the previous candle?
Market Energy rose 47.7 percentage points from the previous candle — from -21.8% to 26%. This rise is larger than 99% of past rises on the Weekly timeframe for COTTON.
Do COTTON price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. 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 -21.8%, Bear Bias — when this candle closed, COTTON moved up to a higher zone: Bear Bias → Bull Bias.
Where does COTTON energy sit within the Bull Bias zone?
At 26%, COTTON is 34.02 points from the upper boundary of Bull Bias (60%) and 5.1 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Bias 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 43.7%; GER40 (European equities) in Bull Critical with energy 69.8%. Against this backdrop, COTTON (Bull Bias, 26%) lower than GER40; sits in the same state zone as SPX500.
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 Bear Bias with Market Energy -38.6%. COTTON (Bull Bias) and DXY currently sit on opposite sides.
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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