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| Price | ▲ 1.08% | ▼ 0.52% | ▲ 0.21% | ▲ 0.40% |
| Energy | ▲ 14.4 | ▼ 12.9 | ▼ 10.3 | ▼ 5.3 |
Trend of Bull Bias HK50 Index Weekly
▸When HK50 Index is in Bull Bias:
- then HK50 Index moved to higher Market State: 24 times — 40.7%
- then HK50 Index moved to lower Market State: 35 times — 59.3%
▸Current HK50 Index market energy: 51.58%
- Distance to upper bound of Bull Bias (at 60%): 8.42%
- Distance to lower bound of Bull Bias (at 20.88%): 30.7%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
After the Weekly candle closes, HK50 Index recorded in the Bull Bias state.
Per the 2AiTrading energy measurement system, Compared to the previous candle (56.9%), Market Energy dropped -5.3% to 51.6%.
Time in Bull Bias energy zone: 2 Weekly 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 +51.6 to +56.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did HK50 Index price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 18-08-2016 closed, HK50 Index was at 22,470.55, up 0.4% from the previous candle (22,380.85). Market Energy was 51.6%, down 5.3 points from 56.9%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did HK50 price move on this Weekly candle, and how large is that historically?
HK50 closed at 22,470.55, up 0.4% from the previous Weekly candle (22,380.85).
How did HK50 Index Market Energy change from the previous candle?
Market Energy fell 5.3 percentage points from the previous candle — from 56.9% to 51.6%.
Do HK50 price and energy agree?
No. Price moved up while 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 Weekly candle?
The previous Weekly candle had HK50 Index at 56.9%, Bull Bias — this candle kept the same state, no zone change.
Where does HK50 Index energy sit within the Bull Bias zone?
At 51.6%, HK50 Index is 8.42 points from the upper boundary of Bull Bias (60%) and 30.7 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 Bull Bias with energy 49.6%; GER40 (European equities) in Bull Bias with energy 56.9%. Against this backdrop, HK50 Index (Bull Bias, 51.6%) sits in the same state zone as 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 Critical with Market Energy -71.3%. HK50 Index (Bull 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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