Analysis

COTTON 0.83673 ↓0.64%: Bulls have the edge · 4H 00:00 Oct 23, 2026

·
Candle close
Price and energy
Open 0.84213 · High 0.84383 · Low 0.83518 · Close 0.83673 · Range (high − low) 0.00865
COTTON closed at 0.83673, down 0.00535 (-0.64%) from 0.84208.
Bull–Bear energy behind the price: the market moved from the Bull Bias zone at 58.5% to Bull Bias at 25.5%, down 33.1 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price0.841530.841430.842080.83673
Energy66.6%57.6%58.5%25.5%
Price change↓ 0.24%↓ 0.01%↑ 0.08%↓ 0.64%
Energy change↓ 2.2↓ 9.0↑ 0.9↓ 33.1
Volatility trend chart · last 4 sessions
↓ 0.24%↓ 0.01%↑ 0.08%↓ 0.64%↓ 2.2↓ 9.0↑ 0.9↓ 33.1
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.64% — higher than 67% of past drops
0%255075100%
Energy down 33.1 pts — higher than 89% 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: 25.47%

  • Distance to upper bound of Bull Bias (at 60%): 34.53%
  • Distance to lower bound of Bull Bias (at 20.88%): 4.59%

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

COTTON · H4 · 2026-10-22 13:00 UTC
Preview the last 30 candles — price and energy
View live COTTON chart →
Market Energy
58.5%
Bull Bias
25.5%
Bull Bias
Expected at
04:10
Zone
20.88 – 60
Bias
Buyers in control
Explanation

After the 4H candle closes, COTTON shows the energy level leaning Bull.

End-of-session energy readings on 4H, Compared to the previous candle (58.5%), Market Energy dropped -33.1% to 25.5%.

Time in Bull Bias energy zone: 3 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 00:00 on 22-10-2026, COTTON was at 0.83673, down 0.64% from the previous candle (0.84208). Market Energy was 25.5%, down 33.1 points from 58.5%, 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 0.83673, down 0.64% from the previous 4H candle (0.84208). This drop is larger than 67% of past drops on the 4H timeframe for COTTON, across 258 candles since 2019.

How did COTTON Market Energy change from the previous candle?

Market Energy fell 33.1 percentage points from the previous candle — from 58.5% to 25.5%. This drop is larger than 89% of past drops on the 4H timeframe for COTTON.

Do COTTON price and energy agree?

Yes. Both price and energy moved down on this candle. 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 58.5%, Bull Bias — this candle kept the same state, no zone change.

Where does COTTON energy sit within the Bull Bias zone?

At 25.5%, COTTON is 34.53 points from the upper boundary of Bull Bias (60%) and 4.59 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 Neutral with energy 20.4%; GER40 (European equities) in Bull Extreme with energy 83.2%. Against this backdrop, COTTON (Bull Bias, 25.5%) has higher energy than SPX500; lower than 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 Extreme with Market Energy 90.4%. COTTON (Bull Bias) and DXY currently sit on the same Bull side.

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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