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Trend of Bear Bias HK50 Index 1H
▸When HK50 Index is in Bear Bias:
- then HK50 Index moved to higher Market State: 1,965 times — 59.7%
- then HK50 Index moved to lower Market State: 1,328 times — 40.3%
▸Current HK50 Index market energy: -29.19%
- Distance to upper bound of Bear Bias (at -20.88%): 8.31%
- Distance to lower bound of Bear Bias (at -60%): 30.81%
"To truly understand anything, study its history" — 2AITRADING
Reading from the 1H candle, HK50 Index shows the Bear Bias zone.
On the 2AiTrading energy system, Market Energy dropped -28.7% this candle, currently -29.2% (previous candle -0.5%).
Time in Bear 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, HK50 Index Market Energy ranged from -96.7 to +92.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was HK50 Index on 1H when this candle closed?
When the 1H candle at 19:00 on 28-06-2023 closed, HK50 Index was in Bear Bias with Market Energy -29.2%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did HK50 Index Market Energy change from the previous candle?
Market Energy fell 28.7 percentage points from the previous candle — from -0.5% to -29.2%.
What state was HK50 Index in on the previous 1H candle?
The previous 1H candle had HK50 Index at -0.5%, Neutral — when this candle closed, HK50 Index moved down to a lower zone: Neutral → Bear Bias.
Where does HK50 Index energy sit within the Bear Bias zone?
At -29.2%, HK50 Index is 8.31 points from the upper boundary of Bear Bias (-20.88%) and 30.81 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Bear Bias with energy -50.6%; GER40 (European equities) in Bull Bias with energy 33.2%. Against this backdrop, HK50 Index (Bear Bias, -29.2%) 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 Extreme with Market Energy 98.7%. HK50 Index (Bear Bias) 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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