·
| Price | ▲ 0.08% | ▲ 0.88% | ▼ 0.31% | ▼ 0.78% |
| Energy | ▲ 13.8 | ▲ 21.9 | ▲ 4.6 | ▼ 17.0 |
Trend of Neutral CHINA50 Index Daily
▸When CHINA50 Index is in Neutral:
- then CHINA50 Index moved to higher Market State: 174 times — 51%
- then CHINA50 Index moved to lower Market State: 167 times — 49%
▸Current CHINA50 Index market energy: -5.28%
- Distance to upper bound of Neutral (at 20.88%): 26.16%
- Distance to lower bound of Neutral (at -20.88%): 15.6%
"To truly understand anything, study its history" — 2AITRADING
Reading from the Daily candle, CHINA50 Index in the Neutral state.
Looking at the Market Energy reading, Market trend energy recorded a -17% drop from the previous candle, from 11.8% to -5.3%.
Time in Neutral energy zone: 4 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 -14.8 to +11.8.
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 27-03-2023 closed, CHINA50 Index was at 13,026, down 0.78% from the previous candle (13,128.5). Market Energy was -5.3%, down 17.0 points from 11.8%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did CHINA50 price move on this Daily candle, and how large is that historically?
CHINA50 closed at 13,026, down 0.78% from the previous Daily candle (13,128.5). This drop is larger than 52% of past drops on the Daily timeframe for CHINA50, across 1,093 candles since 2019.
How did CHINA50 Index Market Energy change from the previous candle?
Market Energy fell 17 percentage points from the previous candle — from 11.8% to -5.3%. This drop is larger than 63% of past drops on the Daily timeframe for CHINA50.
Do CHINA50 price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. 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 11.8%, Neutral — this candle kept the same state, no zone change.
Where does CHINA50 Index energy sit within the Neutral zone?
At -5.3%, CHINA50 Index is 26.16 points from the upper boundary of Neutral (20.88%) and 15.6 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 86.4%; GER40 (European equities) in Bull Extreme with energy 77.6%. Against this backdrop, CHINA50 Index (Neutral, -5.3%) 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 Bull Bias with Market Energy 44.4%. CHINA50 Index energy is currently below DXY by 49.6 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 →
To jump to a symbol you're interested in, click .
