·
| Price | ▲ 0.31% | ▼ 0.39% | ▲ 0.16% | ▼ 0.66% |
| Energy | ▲ 21.8 | ▼ 8.6 | ▼ 4.2 | ▼ 13.0 |
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: 50.09%
- Distance to upper bound of Bull Bias (at 60%): 9.91%
- Distance to lower bound of Bull Bias (at 20.88%): 29.21%
"History always repeats itself, one way or another" — 2AITRADING
As the Daily candle completes, Market CHINA50 Index in the Bull Bias energy state.
Market trend update: Market Energy dropped -13% from the previous candle, from 63.1% to 50.1%.
Time in Bull Bias energy zone: 1 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 +50.1 to +75.9.
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 07-12-2020 closed, CHINA50 Index was at 16,944, down 0.66% from the previous candle (17,056). Market Energy was 50.1%, down 13.0 points from 63.1%, 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 16,944, down 0.66% from the previous Daily candle (17,056). This drop is larger than 45% of past drops on the Daily timeframe for CHINA50, across 502 candles since 2019.
How did CHINA50 Index Market Energy change from the previous candle?
Market Energy fell 13 percentage points from the previous candle — from 63.1% to 50.1%. This drop is larger than 55% of past drops on the Daily timeframe for CHINA50.
Do CHINA50 price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was CHINA50 Index in on the previous Daily candle?
The previous Daily candle had CHINA50 Index at 63.1%, Bull Critical — when this candle closed, CHINA50 Index moved down to a lower zone: Bull Critical → Bull Bias.
Where does CHINA50 Index energy sit within the Bull Bias zone?
At 50.1%, CHINA50 Index is 9.91 points from the upper boundary of Bull Bias (60%) and 29.21 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 Bull Critical with energy 71%; GER40 (European equities) in Bull Bias with energy 47.2%. Against this backdrop, CHINA50 Index (Bull Bias, 50.1%) lower than SPX500; sits in the same state zone as 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 Bias with Market Energy 29.9%. CHINA50 Index (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for CHINA50 Index.
Open Energy ChartSee the full 2AiTrading Model data for CHINA50 on the CHINA50 Index overview →
To jump to a symbol you're interested in, click .