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Trend of Bull Bias HK50 Index Weekly
▸When HK50 Index is in Bull Bias:
- then HK50 Index moved to higher Market State: 24 times — 41.4%
- then HK50 Index moved to lower Market State: 34 times — 58.6%
▸Current HK50 Index market energy: 30.95%
- Distance to upper bound of Bull Bias (at 60%): 29.05%
- Distance to lower bound of Bull Bias (at 20.88%): 10.07%
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HK50 Index classified into energy leaning Bull after the Weekly candle completed.
At the Weekly session close, Market Energy rose +35.5% this candle, currently 30.9% (previous candle -4.5%).
Time in Bull Bias energy zone: 1 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.
Not enough data in the past 5 days to show a range.
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What state was HK50 Index on Weekly when this candle closed?
When the Weekly candle at 07:00 on 23-05-2022 closed, HK50 Index was in Bull Bias with Market Energy 30.9%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did HK50 Index Market Energy change from the previous candle?
Market Energy rose 35.5 percentage points from the previous candle — from -4.5% to 30.9%.
What state was HK50 Index in on the previous Weekly candle?
The previous Weekly candle had HK50 Index at -4.5%, Neutral — when this candle closed, HK50 Index moved up to a higher zone: Neutral → Bull Bias.
Where does HK50 Index energy sit within the Bull Bias zone?
At 30.9%, HK50 Index is 29.05 points from the upper boundary of Bull Bias (60%) and 10.07 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Extreme with energy 93.3%; GER40 (European equities) in Bull Extreme with energy 93.6%. Against this backdrop, HK50 Index (Bull Bias, 30.9%) 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 -52.9%. 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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