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| Price | ▼ 0.59% | ▼ 0.92% | ▼ 0.80% | ▼ 0.43% |
| Energy | ▼ 14.7 | ▼ 69.0 | ▼ 33.2 | ▼ 6.1 |
Trend of Bear Critical HK50 Index Daily
▸When HK50 Index is in Bear Critical:
- then HK50 Index moved to higher Market State: 133 times — 60.7%
- then HK50 Index moved to lower Market State: 86 times — 39.3%
▸Current HK50 Index market energy: -69.37%
- Distance to upper bound of Bear Critical (at -60%): 9.37%
- Distance to lower bound of Bear Critical (at -74.5%): 5.13%
"History always repeats itself, one way or another" — 2AITRADING
Following the completion of the Daily candle, HK50 Index within the near-extreme Bear energy level.
Market trend on the 2AiTrading energy system Market Energy moved from -63.2% to -69.4%, down -6.1% from the previous candle.
Time in Bear Critical energy zone: 1 Daily 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, HK50 Index Market Energy ranged from -69.4 to +38.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did HK50 Index price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 31-10-2016 closed, HK50 Index was at 22,944.65, down 0.43% from the previous candle (23,043.6). Market Energy was -69.4%, down 6.1 points from -63.2%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How much did HK50 price move on this Daily candle, and how large is that historically?
HK50 closed at 22,944.65, down 0.43% from the previous Daily candle (23,043.6).
How did HK50 Index Market Energy change from the previous candle?
Market Energy fell 6.1 percentage points from the previous candle — from -63.2% to -69.4%.
Do HK50 price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.
What state was HK50 Index in on the previous Daily candle?
The previous Daily candle had HK50 Index at -63.2%, Bear Critical — this candle kept the same state, no zone change.
Where does HK50 Index energy sit within the Bear Critical zone?
At -69.4%, HK50 Index is 9.37 points from the upper boundary of Bear Critical (-60%) and 5.13 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bear Critical mean?
Bear 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 Bear 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 Bear Critical with energy -61%; GER40 (European equities) in Bear Bias with energy -47.4%. Against this backdrop, HK50 Index (Bear Critical, -69.4%) lower than GER40; sits in the same state zone as 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 Bull Bias with Market Energy 23.5%. HK50 Index (Bear Critical) and DXY currently sit on opposite sides.
See the real-time energy chart for HK50 Index.
Open Energy ChartSee the full 2AiTrading Model data for HK50 on the HK50 Index overview →
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