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| Price | ▲ 2.93% | ▲ 0.65% | ▲ 2.75% | ▼ 9.71% |
| Energy | ▼ 1.2 | ▲ 7.3 | ▲ 3.7 | ▼ 115.4 |
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: -20.45%
- Distance to upper bound of Neutral (at 20.88%): 41.33%
- Distance to lower bound of Neutral (at -20.88%): 0.43%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
As the Daily session concludes, HK50 reflects the neutral energy level.
Meanwhile, A -115.4% change from the previous candle, Market Energy is now -20.5% (previous: 94.9%).
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 -20.5 to +94.9.
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 08-10-2024 closed, HK50 Index was at 21,180.5, down 9.71% from the previous candle (23,458.3). Market Energy was -20.5%, down 115.4 points from 94.9%, 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 21,180.5, down 9.71% from the previous Daily candle (23,458.3). This is the largest of all drops on the Daily timeframe for HK50 on record since 2019.
How did HK50 Index Market Energy change from the previous candle?
Market Energy fell 115.4 percentage points from the previous candle — from 94.9% to -20.5%. This drop is larger than 99% of past drops on the Daily timeframe for HK50.
Do HK50 price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. 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 94.9%, Bull Extreme — when this candle closed, HK50 Index moved down to a lower zone: Bull Extreme → Neutral.
Where does HK50 Index energy sit within the Neutral zone?
At -20.5%, HK50 Index is 41.33 points from the upper boundary of Neutral (20.88%) and 0.43 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Bear Bias with energy -58.2%; GER40 (European equities) in Bear Extreme with energy -76.8%. Against this backdrop, HK50 Index (Neutral, -20.5%) has higher energy 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 Neutral with Market Energy -19.8%. HK50 Index energy is currently below DXY by 0.7 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 →
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