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| Price | ▲ 0.08% | ▲ 0.38% | ▼ 0.08% | ▼ 0.05% |
| Energy | ▲ 11.9 | ▲ 28.3 | ▲ 0.5 | ▼ 16.3 |
Trend of Bull Bias CHINA50 Index 1H
▸When CHINA50 Index is in Bull Bias:
- then CHINA50 Index moved to higher Market State: 1,161 times — 40.7%
- then CHINA50 Index moved to lower Market State: 1,692 times — 59.3%
▸Current CHINA50 Index market energy: 39.14%
- Distance to upper bound of Bull Bias (at 60%): 20.86%
- Distance to lower bound of Bull Bias (at 20.88%): 18.26%
"A person's history reveals more than you might think" — 2AITRADING
As the 1H candle completes, CHINA50 shows Bull Bias of Market Energy.
Market energy movement Market Energy dropped -16.3% from the previous session, from 55.4% to 39.1%.
Time in Bull Bias energy zone: 4 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 -16.4 to +94.4.
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 12:00 on 20-03-2024 closed, CHINA50 Index was at 12,199, down 0.05% from the previous candle (12,205). Market Energy was 39.1%, down 16.3 points from 55.4%, 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 1H candle, and how large is that historically?
CHINA50 closed at 12,199, down 0.05% from the previous 1H candle (12,205). This drop is larger than 31% of past drops on the 1H timeframe for CHINA50, across 26,994 candles since 2019.
How did CHINA50 Index Market Energy change from the previous candle?
Market Energy fell 16.3 percentage points from the previous candle — from 55.4% to 39.1%. This drop is larger than 72% 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 55.4%, Bull Bias — this candle kept the same state, no zone change.
Where does CHINA50 Index energy sit within the Bull Bias zone?
At 39.1%, CHINA50 Index is 20.86 points from the upper boundary of Bull Bias (60%) and 18.26 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 Critical with energy 62.2%; GER40 (European equities) in Bull Bias with energy 53%. Against this backdrop, CHINA50 Index (Bull Bias, 39.1%) 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 Neutral with Market Energy 20.2%. CHINA50 Index energy is currently above DXY by 19 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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