Analysis

COTTON 0.84143 ↓0.01%: Bulls have the edge · 4H 16:00 Oct 22, 2026

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Candle close
Price and energy
Open 0.84158 · High 0.84283 · Low 0.83798 · Close 0.84143 · Range (high − low) 0.00485
COTTON closed at 0.84143, down 0.0001 (-0.01%) from 0.84153.
Bull–Bear energy behind the price: the market moved from the Bull Critical zone at 66.6% to Bull Bias at 57.6%, down 9.0 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price0.834860.843560.841530.84143
Energy33.7%68.8%66.6%57.6%
Price change↑ 0.02%↑ 1.04%↓ 0.24%↓ 0.01%
Energy change↓ 12.9↑ 35.1↓ 2.2↓ 9.0
Volatility trend chart · last 4 sessions
↑ 0.02%↑ 1.04%↓ 0.24%↓ 0.01%↓ 12.9↑ 35.1↓ 2.2↓ 9.0
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.01% — higher than 0% of past drops
0%255075100%
Energy down 9.0 pts — higher than 45% 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: 258 4H candles from 2026-07-23 to 2026-10-22
Number of Bull Bias occurrences: 22 times

▸When COTTON is in Bull Bias:

  • then COTTON moved to higher Market State: 9 times — 40.9%
  • then COTTON moved to lower Market State: 13 times — 59.1%

▸Current COTTON market energy: 57.61%

  • Distance to upper bound of Bull Bias (at 60%): 2.39%
  • Distance to lower bound of Bull Bias (at 20.88%): 36.73%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

COTTON · H4 · 2026-10-22 05:00 UTC
Preview the last 30 candles — price and energy
View live COTTON chart →
Market Energy
66.6%
Bull Critical
57.6%
Bull Bias
58.5%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

After the 4H candle closes, Market COTTON in trend energy leaning Bull.

Market trend energy Market Energy at 57.6%, down -9% from 66.6% in the previous candle.

Time in Bull Bias energy zone: 1 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 68.8.

Frequently asked questions

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

When the 4H candle closed at 16:00 on 22-10-2026, COTTON was at 0.84143, down 0.01% from the previous candle (0.84153). Market Energy was 57.6%, down 9.0 points from 66.6%, 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 0.84143, down 0.01% from the previous 4H candle (0.84153). This drop is larger than 0% of past drops on the 4H timeframe for COTTON, across 256 candles since 2019.

How did COTTON Market Energy change from the previous candle?

Market Energy fell 9 percentage points from the previous candle — from 66.6% to 57.6%. This drop is larger than 45% 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 66.6%, Bull Critical — when this candle closed, COTTON moved down to a lower zone: Bull Critical → Bull Bias.

Where does COTTON energy sit within the Bull Bias zone?

At 57.6%, COTTON is 2.39 points from the upper boundary of Bull Bias (60%) and 36.73 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Extreme with energy -83.7%; GER40 (European equities) in Bear Bias with energy -58.9%. Against this backdrop, COTTON (Bull Bias, 57.6%) 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 Extreme with Market Energy -82.2%. 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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