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| Price | ▼ 1.64% | ▼ 0.04% | ▲ 0.02% | ▼ 1.76% |
| Energy | ▼ 14.3 | ▼ 3.6 | ▼ 2.4 | ▼ 60.8 |
Trend of Neutral HK50 Index Daily
▸When HK50 Index is in Neutral:
- then HK50 Index moved to higher Market State: 145 times — 50.5%
- then HK50 Index moved to lower Market State: 142 times — 49.5%
▸Current HK50 Index market energy: 13.34%
- Distance to upper bound of Neutral (at 20.88%): 7.54%
- Distance to lower bound of Neutral (at -20.88%): 34.22%
"A person's history reveals more than you might think" — 2AITRADING
Right as the Daily candle closes, HK50 Index within the balanced energy zone.
Per the 2AiTrading energy measurement system, Market Energy moved from 74.2% to 13.3%, down -60.8% from the previous candle.
Time in Neutral 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 +13.3 to +94.5.
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 18-07-2023 closed, HK50 Index was at 18,909, down 1.76% from the previous candle (19,247.25). Market Energy was 13.3%, down 60.8 points from 74.2%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did HK50 price move on this Daily candle, and how large is that historically?
HK50 closed at 18,909, down 1.76% from the previous Daily candle (19,247.25). This drop is larger than 80% of past drops on the Daily timeframe for HK50, across 1,203 candles since 2019.
How did HK50 Index Market Energy change from the previous candle?
Market Energy fell 60.8 percentage points from the previous candle — from 74.2% to 13.3%. This drop is larger than 92% of past drops on the Daily timeframe for HK50.
Do HK50 price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was HK50 Index in on the previous Daily candle?
The previous Daily candle had HK50 Index at 74.2%, Bull Critical — when this candle closed, HK50 Index moved down to a lower zone: Bull Critical → Neutral.
Where does HK50 Index energy sit within the Neutral zone?
At 13.3%, HK50 Index is 7.54 points from the upper boundary of Neutral (20.88%) and 34.22 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 Neutral with energy 12%; GER40 (European equities) in Bull Bias with energy 59.2%. Against this backdrop, HK50 Index (Neutral, 13.3%) 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 Bear Bias with Market Energy -22.8%. HK50 Index energy is currently above DXY by 36.1 points.
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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