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| Price | ▲ 0.04% | ▲ 0.00% | ▲ 0.02% | ▲ 0.27% |
| Energy | ▲ 12.0 | ▼ 1.5 | ▼ 3.2 | ▲ 26.9 |
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: 69.9%
- Distance to upper bound of Bull Critical (at 74.5%): 4.6%
- Distance to lower bound of Bull Critical (at 60%): 9.9%
"Let data guide you, but never trust it completely" — 2AITRADING
The system just recorded CHINA50 in Bull trend energy near extreme after the 1H candle closed.
Looking at the energy level, Market trend energy recorded a +26.9% rise from the previous candle, from 43% to 69.9%.
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 -77.5 to +76.1.
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 08:00 on 29-04-2024 closed, CHINA50 Index was at 12,498, up 0.27% from the previous candle (12,464). Market Energy was 69.9%, up 26.9 points from 43%, 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 12,498, up 0.27% from the previous 1H candle (12,464). This rise is larger than 83% of past rises on the 1H timeframe for CHINA50, across 27,550 candles since 2019.
How did CHINA50 Index Market Energy change from the previous candle?
Market Energy rose 26.9 percentage points from the previous candle — from 43% to 69.9%. This rise is larger than 84% of past rises on the 1H timeframe for CHINA50.
Do CHINA50 price and energy agree?
Yes. This candle recorded price moving up 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 43%, Bull Bias — when this candle closed, CHINA50 Index moved up to a higher zone: Bull Bias → Bull Critical.
Where does CHINA50 Index energy sit within the Bull Critical zone?
At 69.9%, CHINA50 Index is 4.6 points from the upper boundary of Bull Critical (74.5%) and 9.9 points from the lower boundary (60%) — so energy sits closer to the upper 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 Bull Extreme with energy 76.3%; GER40 (European equities) in Bull Extreme with energy 82.8%. Against this backdrop, CHINA50 Index (Bull Critical, 69.9%) 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 Bull Bias with Market Energy 44.7%. 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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