Analysis

COTTON 0.8295 ↓0.43%: Bulls & Bears in a tug-of-war · 4H 16:00 Oct 19, 2026

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Candle close
Price and energy
Open 0.83305 · High 0.8342 · Low 0.8272 · Close 0.8295 · Range (high − low) 0.007
COTTON closed at 0.8295, down 0.0036 (-0.43%) from 0.8331.
Bull–Bear energy behind the price: the market moved from the Neutral zone at 14.8% to Neutral at 7.8%, down 7.0 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price0.828630.828180.83310.8295
Energy-17.3%-16.9%14.8%7.8%
Price change↓ 0.23%↓ 0.05%↑ 0.59%↓ 0.43%
Energy change↓ 8.1↑ 0.4↑ 31.7↓ 7.0
Volatility trend chart · last 4 sessions
↓ 0.23%↓ 0.05%↑ 0.59%↓ 0.43%↓ 8.1↑ 0.4↑ 31.7↓ 7.0
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.43% — higher than 48% of past drops
0%255075100%
Energy down 7.0 pts — higher than 32% of past drops
Knowledge

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

RESEARCH

Trend of Neutral COTTON 4H

Sample: 246 4H candles from 2026-07-23 to 2026-10-19
Number of Neutral occurrences: 25 times

▸When COTTON is in Neutral:

  • then COTTON moved to higher Market State: 13 times — 52%
  • then COTTON moved to lower Market State: 12 times — 48%

▸Current COTTON market energy: 7.76%

  • Distance to upper bound of Neutral (at 20.88%): 13.12%
  • Distance to lower bound of Neutral (at -20.88%): 28.64%

"Does history really repeat itself?" — 2AITRADING

COTTON · H4 · 2026-10-19 05:00 UTC
Preview the last 30 candles — price and energy
View live COTTON chart →
Market Energy
14.8%
Neutral
7.8%
Neutral
5.8%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

The balanced Bull/Bear state recorded from just-completed 4H candle data for COTTON.

Market energy movement Market Energy at 7.8%, down -7% from 14.8% in the previous candle.

Time in Neutral energy zone: 5 4H 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 -50 to 18.1.

Frequently asked questions

What did COTTON price and energy show when this 4H candle closed?

When the 4H candle closed at 16:00 on 19-10-2026, COTTON was at 0.8295, down 0.43% from the previous candle (0.8331). Market Energy was 7.8%, down 7.0 points from 14.8%, 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 4H candle, and how large is that historically?

COTTON closed at 0.8295, down 0.43% from the previous 4H candle (0.8331). This drop is larger than 48% of past drops on the 4H timeframe for COTTON, across 244 candles since 2019.

How did COTTON Market Energy change from the previous candle?

Market Energy fell 7 percentage points from the previous candle — from 14.8% to 7.8%. This drop is larger than 32% of past drops on the 4H 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 the candle that just closed; it does not say where price goes next.

What state was COTTON in on the previous 4H candle?

The previous 4H candle had COTTON at 14.8%, Neutral — this candle kept the same state, no zone change.

Where does COTTON energy sit within the Neutral zone?

At 7.8%, COTTON is 13.12 points from the upper boundary of Neutral (20.88%) and 28.64 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 Extreme with energy 84.7%; GER40 (European equities) in Bull Bias with energy 43.4%. Against this backdrop, COTTON (Neutral, 7.8%) 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%. COTTON energy is currently below DXY by 22.2 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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