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| Price | ▼ 1.20% | ▼ 0.22% | ▲ 3.99% | ▼ 1.37% |
| Energy | ▼ 55.3 | ▼ 24.0 | ▲ 66.3 | ▼ 9.8 |
Trend of Bull Bias CHINA50 Index Weekly
▸When CHINA50 Index is in Bull Bias:
- then CHINA50 Index moved to higher Market State: 30 times — 47.6%
- then CHINA50 Index moved to lower Market State: 33 times — 52.4%
▸Current CHINA50 Index market energy: 49.58%
- Distance to upper bound of Bull Bias (at 60%): 10.42%
- Distance to lower bound of Bull Bias (at 20.88%): 28.7%
"Does history really repeat itself?" — 2AITRADING
As the Weekly candle closes, CHINA50 Index recorded in the Bull Bias level.
Market energy movement Market Energy dropped -9.8% this candle, currently 49.6% (previous candle 59.4%).
Time in Bull Bias energy zone: 2 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CHINA50 Index price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 14-10-2019 closed, CHINA50 Index was at 13,859, down 1.37% from the previous candle (14,052). Market Energy was 49.6%, down 9.8 points from 59.4%, 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 Weekly candle, and how large is that historically?
CHINA50 closed at 13,859, down 1.37% from the previous Weekly candle (14,052). This drop is larger than 60% of past drops on the Weekly timeframe for CHINA50, across 76 candles since 2019.
How did CHINA50 Index Market Energy change from the previous candle?
Market Energy fell 9.8 percentage points from the previous candle — from 59.4% to 49.6%. This drop is larger than 46% of past drops on the Weekly timeframe for CHINA50.
Do CHINA50 price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was CHINA50 Index in on the previous Weekly candle?
The previous Weekly candle had CHINA50 Index at 59.4%, Bull Bias — this candle kept the same state, no zone change.
Where does CHINA50 Index energy sit within the Bull Bias zone?
At 49.6%, CHINA50 Index is 10.42 points from the upper boundary of Bull Bias (60%) and 28.7 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 Bear Bias with energy -40.2%; GER40 (European equities) in Bull Bias with energy 34.1%. Against this backdrop, CHINA50 Index (Bull Bias, 49.6%) has higher energy 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 Bear Bias with Market Energy -31.2%. CHINA50 Index (Bull Bias) and DXY currently sit on opposite sides.
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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