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| Price | ▼ 0.08% | ▲ 0.03% | ▲ 0.22% | ▼ 0.19% |
| Energy | ▼ 5.6 | ▼ 9.1 | ▲ 19.5 | ▼ 60.6 |
Trend of Bull Bias GER40 Index 1H
▸When GER40 Index is in Bull Bias:
- then GER40 Index moved to higher Market State: 2,111 times — 43.5%
- then GER40 Index moved to lower Market State: 2,737 times — 56.5%
▸Current GER40 Index market energy: 23.93%
- Distance to upper bound of Bull Bias (at 60%): 36.07%
- Distance to lower bound of Bull Bias (at 20.88%): 3.05%
"History always repeats itself, one way or another" — 2AITRADING
Energy leaning Bull determined for GER40 through the 1H candle data.
Market trend update: Compared to the previous candle (84.5%), Market Energy dropped -60.6% to 23.9%.
Time in Bull Bias 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, GER40 Index Market Energy ranged from -97.4 to +98.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GER40 Index price and energy show when this 1H candle closed?
When the 1H candle at 14:00 on 11-07-2024 closed, GER40 Index was at 18,456.3, down 0.19% from the previous candle (18,491.2). Market Energy was 23.9%, down 60.6 points from 84.5%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did GER40 price move on this 1H candle, and how large is that historically?
GER40 closed at 18,456.3, down 0.19% from the previous 1H candle (18,491.2). This drop is larger than 72% of past drops on the 1H timeframe for GER40, across 30,012 candles since 2019.
How did GER40 Index Market Energy change from the previous candle?
Market Energy fell 60.6 percentage points from the previous candle — from 84.5% to 23.9%. This drop is larger than 93% of past drops on the 1H timeframe for GER40.
Do GER40 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 GER40 Index in on the previous 1H candle?
The previous 1H candle had GER40 Index at 84.5%, Bull Extreme — when this candle closed, GER40 Index moved down to a lower zone: Bull Extreme → Bull Bias.
Where does GER40 Index energy sit within the Bull Bias zone?
At 23.9%, GER40 Index is 36.07 points from the upper boundary of Bull Bias (60%) and 3.05 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 63.3%. Against this backdrop, GER40 Index (Bull Bias, 23.9%) lower than SPX500.
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 -26.1%. GER40 Index (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for GER40 Index.
Open Energy ChartSee the full 2AiTrading Model data for GER40 on the GER40 Index overview →
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