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| Price | ▲ 2.47% | ▼ 1.79% | ▲ 0.92% | ▼ 0.47% |
| Energy | ▲ 43.7 | ▼ 28.5 | ▼ 5.8 | ▼ 3.5 |
Trend of Bull Bias CHINA50 Index Daily
▸When CHINA50 Index is in Bull Bias:
- then CHINA50 Index moved to higher Market State: 132 times — 41%
- then CHINA50 Index moved to lower Market State: 190 times — 59%
▸Current CHINA50 Index market energy: 24.85%
- Distance to upper bound of Bull Bias (at 60%): 35.15%
- Distance to lower bound of Bull Bias (at 20.88%): 3.97%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
The system just recorded CHINA50 Index in Bull Bias after the Daily candle closed.
Market trend on the 2AiTrading energy system Market Energy dropped -3.5% from the previous candle, from 28.4% to 24.9%.
Time in Bull Bias energy zone: 3 Daily Candle
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.
Over the past 5 days, CHINA50 Index Market Energy ranged from +24.9 to +62.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CHINA50 Index price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 09-04-2020 closed, CHINA50 Index was at 12,835, down 0.47% from the previous candle (12,895). Market Energy was 24.9%, down 3.5 points from 28.4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did CHINA50 price move on this Daily candle, and how large is that historically?
CHINA50 closed at 12,835, down 0.47% from the previous Daily candle (12,895). This drop is larger than 36% of past drops on the Daily timeframe for CHINA50, across 330 candles since 2019.
How did CHINA50 Index Market Energy change from the previous candle?
Market Energy fell 3.5 percentage points from the previous candle — from 28.4% to 24.9%. This drop is larger than 18% of past drops on the Daily timeframe for CHINA50.
Do CHINA50 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 CHINA50 Index in on the previous Daily candle?
The previous Daily candle had CHINA50 Index at 28.4%, Bull Bias — this candle kept the same state, no zone change.
Where does CHINA50 Index energy sit within the Bull Bias zone?
At 24.9%, CHINA50 Index is 35.15 points from the upper boundary of Bull Bias (60%) and 3.97 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 Bull Extreme with energy 76.3%; GER40 (European equities) in Bull Extreme with energy 80%. Against this backdrop, CHINA50 Index (Bull Bias, 24.9%) 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 Neutral with Market Energy -2.2%. CHINA50 Index energy is currently above DXY by 27 points.
See the real-time energy chart for CHINA50 Index.
Open Energy ChartSee the full 2AiTrading Model data for CHINA50 on the CHINA50 Index overview →
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