·
| Price | ▼ 0.16% | ▲ 0.02% | ▼ 0.10% | ▼ 0.04% |
| Energy | ▼ 2.1 | ▼ 1.6 | ▼ 1.3 | ▼ 1.0 |
Trend of Bull Critical CHINA50 Index 1H
▸When CHINA50 Index is in Bull Critical:
- then CHINA50 Index moved to higher Market State: 621 times — 33%
- then CHINA50 Index moved to lower Market State: 1,263 times — 67%
▸Current CHINA50 Index market energy: 62.19%
- Distance to upper bound of Bull Critical (at 74.5%): 12.31%
- Distance to lower bound of Bull Critical (at 60%): 2.19%
"Why does archaeology matter?" — 2AITRADING
CHINA50 processing result: Bull in Critical state after the 1H candle closed.
Market trend update: Market Energy dropped -1% from the previous candle, from 63.2% to 62.2%.
Time in Bull Critical energy zone: 1 1H 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 -92.7 to +98.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CHINA50 Index price and energy show when this 1H candle closed?
When the 1H candle at 18:00 on 06-02-2024 closed, CHINA50 Index was at 11,444, down 0.04% from the previous candle (11,449). Market Energy was 62.2%, down 1.0 points from 63.2%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did CHINA50 price move on this 1H candle, and how large is that historically?
CHINA50 closed at 11,444, down 0.04% from the previous 1H candle (11,449). This drop is larger than 27% of past drops on the 1H timeframe for CHINA50, across 26,369 candles since 2019.
How did CHINA50 Index Market Energy change from the previous candle?
Market Energy fell 1 percentage points from the previous candle — from 63.2% to 62.2%. This drop is larger than 10% of past drops on the 1H 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 1H candle?
The previous 1H candle had CHINA50 Index at 63.2%, Bull Critical — this candle kept the same state, no zone change.
Where does CHINA50 Index energy sit within the Bull Critical zone?
At 62.2%, CHINA50 Index is 12.31 points from the upper boundary of Bull Critical (74.5%) and 2.19 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Bias with energy -58.6%; GER40 (European equities) in Bear Critical with energy -73.7%. Against this backdrop, CHINA50 Index (Bull Critical, 62.2%) 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 Bull Extreme with Market Energy 85.4%. CHINA50 Index (Bull Critical) 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 →
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