Analysis

COTTON 0.83963 ↓0.21%: Bulls & Bears in a tug-of-war · 1H 17:00 Oct 22, 2026

·
Candle close
Price and energy
Open 0.84148 · High 0.84183 · Low 0.83958 · Close 0.83963 · Range (high − low) 0.00225
COTTON closed at 0.83963, down 0.0018 (-0.21%) from 0.84143.
Bull–Bear energy behind the price: the market moved from the Neutral zone at -1.8% to Neutral at -12.2%, down 10.4 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price0.840730.840580.841430.83963
Energy-16.9%-18.1%-1.8%-12.2%
Price change↑ 0.19%↓ 0.02%↑ 0.10%↓ 0.21%
Energy change↑ 6.7↓ 1.2↑ 16.4↓ 10.4
Volatility trend chart · last 4 sessions
↑ 0.19%↓ 0.02%↑ 0.10%↓ 0.21%↑ 6.7↓ 1.2↑ 16.4↓ 10.4
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.21% — higher than 60% of past drops
0%255075100%
Energy down 10.4 pts — higher than 59% of past drops
Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

RESEARCH

Trend of Neutral COTTON 1H

Sample: 43,194 1H candles from 2013-01-03 to 2026-10-21
Number of Neutral occurrences: 4,015 times

▸When COTTON is in Neutral:

  • then COTTON moved to higher Market State: 1,996 times — 49.7%
  • then COTTON moved to lower Market State: 2,019 times — 50.3%

▸Current COTTON market energy: -12.18%

  • Distance to upper bound of Neutral (at 20.88%): 33.06%
  • Distance to lower bound of Neutral (at -20.88%): 8.7%

"History always repeats itself, one way or another" — 2AITRADING

COTTON · H1 · 2026-10-22 09:00 UTC
Preview the last 30 candles — price and energy
View live COTTON chart →
Market Energy
-1.8%
Neutral
-12.2%
Neutral
-70.3%
Bear Critical
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Once measurement on the 1H timeframe completes, COTTON in the neutral energy zone.

Looking at the Market Energy reading, Market Energy dropped -10.4% from the previous candle, from -1.8% to -12.2%.

Time in Neutral energy zone: 4 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, COTTON Market Energy ranged from -82.1 to 95.2.

Frequently asked questions

What did COTTON price and energy show when this 1H candle closed?

When the 1H candle closed at 17:00 on 22-10-2026, COTTON was at 0.83963, down 0.21% from the previous candle (0.84143). Market Energy was -12.2%, down 10.4 points from -1.8%, 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 1H candle, and how large is that historically?

COTTON closed at 0.83963, down 0.21% from the previous 1H candle (0.84143). This drop is larger than 60% of past drops on the 1H timeframe for COTTON, across 34,861 candles since 2019.

How did COTTON Market Energy change from the previous candle?

Market Energy fell 10.4 percentage points from the previous candle — from -1.8% to -12.2%. This drop is larger than 59% of past drops on the 1H timeframe for COTTON.

Do COTTON price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was COTTON in on the previous 1H candle?

The previous 1H candle had COTTON at -1.8%, Neutral — this candle kept the same state, no zone change.

Where does COTTON energy sit within the Neutral zone?

At -12.2%, COTTON is 33.06 points from the upper boundary of Neutral (20.88%) and 8.7 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Bear Extreme with energy -93.5%; GER40 (European equities) in Bear Extreme with energy -81.5%. Against this backdrop, COTTON (Neutral, -12.2%) has higher energy 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 19.3%. COTTON energy is currently below DXY by 31.4 points.

Real-time Energy Chart

See the real-time energy chart for COTTON.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for COTTON on the COTTON overview →

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