·
Trend of Neutral HK50 Index Daily
▸When HK50 Index is in Neutral:
- then HK50 Index moved to higher Market State: 143 times — 50.9%
- then HK50 Index moved to lower Market State: 138 times — 49.1%
▸Current HK50 Index market energy: 10.54%
- Distance to upper bound of Neutral (at 20.88%): 10.34%
- Distance to lower bound of Neutral (at -20.88%): 31.42%
"Let data guide you, but never trust it completely" — 2AITRADING
With the Daily candle just closed, HK50 shows the Bull/Bear balanced energy zone.
On the measurement side, Market Energy at 10.5%, down -3.9% from 14.5% in the previous candle.
Time in Neutral energy zone: 5 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 -20.8 to +14.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was HK50 Index on Daily when this candle closed?
When the Daily candle at 07:00 on 01-04-2024 closed, HK50 Index was in Neutral with Market Energy 10.5%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did HK50 Index Market Energy change from the previous candle?
Market Energy fell 3.9 percentage points from the previous candle — from 14.5% to 10.5%.
What state was HK50 Index in on the previous Daily candle?
The previous Daily candle had HK50 Index at 14.5%, Neutral — this candle kept the same state, no zone change.
Where does HK50 Index energy sit within the Neutral zone?
At 10.5%, HK50 Index is 10.34 points from the upper boundary of Neutral (20.88%) and 31.42 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 Extreme with energy 93.6%; GER40 (European equities) in Bull Extreme with energy 97.6%. Against this backdrop, HK50 Index (Neutral, 10.5%) 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 Bias with Market Energy -29.2%. HK50 Index energy is currently above DXY by 39.7 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 →
To jump to a symbol you're interested in, click .