Analysis

COTTON 0.83486 ↑0.02%: Bulls have the edge · 4H 20:00 Oct 21, 2026

·
Candle close
Price and energy
Open 0.83446 · High 0.83991 · Low 0.83356 · Close 0.83486 · Range (high − low) 0.00635
COTTON closed at 0.83486, up 0.0002 (+0.02%) from 0.83466.
Bull–Bear energy behind the price: the market moved from the Bull Bias zone at 46.6% to Bull Bias at 33.7%, down 12.9 points.
Energy diverges from price.
Price and energy · last 4 candles
Price0.834060.836410.834660.83486
Energy52.3%59.2%46.6%33.7%
Price change↑ 0.18%↑ 0.28%↓ 0.21%↑ 0.02%
Energy change↑ 15.4↑ 6.8↓ 12.6↓ 12.9
Volatility trend chart · last 4 sessions
↑ 0.18%↑ 0.28%↓ 0.21%↑ 0.02%↑ 15.4↑ 6.8↓ 12.6↓ 12.9
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.02% — higher than 3% of past rises
0%255075100%
Energy down 12.9 pts — higher than 59% of past drops
Knowledge

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

RESEARCH

Trend of Bull Bias COTTON 4H

Sample: 254 4H candles from 2026-07-23 to 2026-10-21
Number of Bull Bias occurrences: 21 times

▸When COTTON is in Bull Bias:

  • then COTTON moved to higher Market State: 8 times — 38.1%
  • then COTTON moved to lower Market State: 13 times — 61.9%

▸Current COTTON market energy: 33.73%

  • Distance to upper bound of Bull Bias (at 60%): 26.27%
  • Distance to lower bound of Bull Bias (at 20.88%): 12.85%

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

COTTON · H4 · 2026-10-21 09:00 UTC
Preview the last 30 candles — price and energy
View live COTTON chart →
Market Energy
46.6%
Bull Bias
33.7%
Bull Bias
68.8%
Bull Critical
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Observing the completed 4H candle, COTTON in the Bull Bias energy level.

Market trend energy Market Energy dropped -12.9% from the previous candle, from 46.6% to 33.7%.

Time in Bull Bias 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 -19.2 to 59.2.

Frequently asked questions

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

When the 4H candle closed at 20:00 on 21-10-2026, COTTON was at 0.83486, up 0.02% from the previous candle (0.83466). Market Energy was 33.7%, down 12.9 points from 46.6%, 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 4H candle, and how large is that historically?

COTTON closed at 0.83486, up 0.02% from the previous 4H candle (0.83466). This rise is larger than 3% of past rises on the 4H timeframe for COTTON, across 253 candles since 2019.

How did COTTON Market Energy change from the previous candle?

Market Energy fell 12.9 percentage points from the previous candle — from 46.6% to 33.7%. This drop is larger than 59% of past drops on the 4H timeframe for COTTON.

Do COTTON price and energy agree?

No. This candle recorded a price rise with energy moving the other way. 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 46.6%, Bull Bias — this candle kept the same state, no zone change.

Where does COTTON energy sit within the Bull Bias zone?

At 33.7%, COTTON is 26.27 points from the upper boundary of Bull Bias (60%) and 12.85 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 Bear Critical with energy -68.8%; GER40 (European equities) in Neutral with energy 4.9%. Against this backdrop, COTTON (Bull Bias, 33.7%) 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 Bear Bias with Market Energy -22.5%. COTTON (Bull Bias) and DXY currently sit on opposite sides.

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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