Analysis

COTTON 0.8286 ↓0.28%: Bulls & Bears in a tug-of-war · 4H 00:00 Oct 20, 2026

·
Candle close
Price and energy
Open 0.83085 · High 0.83265 · Low 0.8254 · Close 0.8286 · Range (high − low) 0.00725
COTTON closed at 0.8286, down 0.00235 (-0.28%) from 0.83095.
Bull–Bear energy behind the price: the market moved from the Neutral zone at 5.8% to Neutral at -5.1%, down 10.9 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price0.83310.82950.830950.8286
Energy14.8%7.8%5.8%-5.1%
Price change↑ 0.59%↓ 0.43%↑ 0.17%↓ 0.28%
Energy change↑ 31.7↓ 7.0↓ 2.0↓ 10.9
Volatility trend chart · last 4 sessions
↑ 0.59%↓ 0.43%↑ 0.17%↓ 0.28%↑ 31.7↓ 7.0↓ 2.0↓ 10.9
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.28% — higher than 33% of past drops
0%255075100%
Energy down 10.9 pts — higher than 49% 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: -5.14%

  • Distance to upper bound of Neutral (at 20.88%): 26.02%
  • Distance to lower bound of Neutral (at -20.88%): 15.74%

"A person's history reveals more than you might think" — 2AITRADING

COTTON · H4 · 2026-10-19 13:00 UTC
Preview the last 30 candles — price and energy
View live COTTON chart →
Market Energy
5.8%
Neutral
-5.1%
Neutral
-19.2%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Reading from the 4H candle, COTTON reflects the Bull/Bear balanced energy zone.

On trend energy, Market Energy dropped -10.9% from the previous candle, from 5.8% to -5.1%.

Time in Neutral energy zone: 7 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 14.8.

Frequently asked questions

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

When the 4H candle closed at 00:00 on 19-10-2026, COTTON was at 0.8286, down 0.28% from the previous candle (0.83095). Market Energy was -5.1%, down 10.9 points from 5.8%, 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 0.8286, down 0.28% from the previous 4H candle (0.83095). This drop is larger than 33% of past drops on the 4H timeframe for COTTON, across 246 candles since 2019.

How did COTTON Market Energy change from the previous candle?

Market Energy fell 10.9 percentage points from the previous candle — from 5.8% to -5.1%. This drop is larger than 49% of past drops on the 4H 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 4H candle?

The previous 4H candle had COTTON at 5.8%, Neutral — this candle kept the same state, no zone change.

Where does COTTON energy sit within the Neutral zone?

At -5.1%, COTTON is 26.02 points from the upper boundary of Neutral (20.88%) and 15.74 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 Critical with energy -60.3%; GER40 (European equities) in Bear Extreme with energy -95%. Against this backdrop, COTTON (Neutral, -5.1%) 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 -1.2%. COTTON energy is currently below DXY by 3.9 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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