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| Price | ▼ 3.39% | ▲ 2.02% | ▲ 1.32% | ▲ 3.04% |
| Energy | ▼ 20.8 | ▲ 16.7 | ▲ 36.5 | ▲ 56.5 |
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: 39.04%
- Distance to upper bound of Bull Bias (at 60%): 20.96%
- Distance to lower bound of Bull Bias (at 20.88%): 18.16%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Observing the completed Weekly candle, Market Energy of HK50 Index indicates Bull Bias.
On the 2AiTrading energy system, Energy delta +56.5%: Market Energy at 39%, previously -17.5%.
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.
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 12-06-2023 closed, HK50 Index was at 19,980.75, up 3.04% from the previous candle (19,391.25). Market Energy was 39%, up 56.5 points from -17.5%, 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 19,980.75, up 3.04% from the previous Weekly candle (19,391.25). This rise is larger than 80% of past rises on the Weekly timeframe for HK50, across 267 candles since 2019.
How did HK50 Index Market Energy change from the previous candle?
Market Energy rose 56.5 percentage points from the previous candle — from -17.5% to 39%. This rise is larger than 93% of past rises on the Weekly timeframe for HK50.
Do HK50 price and energy agree?
Yes. On this candle price rose and energy rose — 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 Weekly candle?
The previous Weekly candle had HK50 Index at -17.5%, 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 39%, HK50 Index is 20.96 points from the upper boundary of Bull Bias (60%) and 18.16 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 Neutral with energy 15.2%; GER40 (European equities) in Bull Critical with energy 69.2%. Against this backdrop, HK50 Index (Bull Bias, 39%) has higher energy than SPX500; lower than 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 Bull Bias with Market Energy 42.2%. HK50 Index (Bull Bias) and DXY currently sit on the same Bull side.
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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