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| Price | ▲ 3.72% | ▼ 1.38% | ▼ 1.61% | ▲ 2.44% |
| Energy | ▲ 44.4 | ▲ 7.7 | ▼ 15.6 | ▲ 18.9 |
Trend of Neutral CHINA50 Index Weekly
▸When CHINA50 Index is in Neutral:
- then CHINA50 Index moved to higher Market State: 32 times — 61.5%
- then CHINA50 Index moved to lower Market State: 20 times — 38.5%
▸Current CHINA50 Index market energy: 2.4%
- Distance to upper bound of Neutral (at 20.88%): 18.48%
- Distance to lower bound of Neutral (at -20.88%): 23.28%
"History always repeats itself, one way or another" — 2AITRADING
The balanced Market Energy zone recorded from just-completed Weekly candle data for CHINA50 Index.
Observing the CHINA50 market this session, Market trend energy recorded a +18.9% rise from the previous candle, from -16.5% to 2.4%.
Time in Neutral energy zone: 4 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 10-05-2021 closed, CHINA50 Index was at 17,412.5, up 2.44% from the previous candle (16,998.5). Market Energy was 2.4%, up 18.9 points from -16.5%, 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 Weekly candle, and how large is that historically?
CHINA50 closed at 17,412.5, up 2.44% from the previous Weekly candle (16,998.5). This rise is larger than 72% of past rises on the Weekly timeframe for CHINA50, across 159 candles since 2019.
How did CHINA50 Index Market Energy change from the previous candle?
Market Energy rose 18.9 percentage points from the previous candle — from -16.5% to 2.4%. This rise is larger than 68% of past rises on the Weekly timeframe for CHINA50.
Do CHINA50 price and energy agree?
Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was CHINA50 Index in on the previous Weekly candle?
The previous Weekly candle had CHINA50 Index at -16.5%, Neutral — this candle kept the same state, no zone change.
Where does CHINA50 Index energy sit within the Neutral zone?
At 2.4%, CHINA50 Index is 18.48 points from the upper boundary of Neutral (20.88%) and 23.28 points from the lower boundary (-20.88%) — so energy sits closer to the upper 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 Critical with energy 68.7%; GER40 (European equities) in Bull Extreme with energy 88.9%. Against this backdrop, CHINA50 Index (Neutral, 2.4%) 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 Bear Critical with Market Energy -69%. CHINA50 Index energy is currently above DXY by 71.4 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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