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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: 40.06%
- Distance to upper bound of Bull Bias (at 60%): 19.94%
- Distance to lower bound of Bull Bias (at 20.88%): 19.18%
"Let data guide you, but never trust it completely" — 2AITRADING
The Bull Bias state recorded from just-completed Weekly candle data for HK50 Index.
End-of-session energy readings on Weekly, Market trend energy recorded a -12.6% drop from the previous candle, from 52.7% to 40.1%.
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.
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 31-07-2023 closed, HK50 Index was in Bull Bias with Market Energy 40.1%, 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 fell 12.6 percentage points from the previous candle — from 52.7% to 40.1%.
What state was HK50 Index in on the previous Weekly candle?
The previous Weekly candle had HK50 Index at 52.7%, Bull Bias — this candle kept the same state, no zone change.
Where does HK50 Index energy sit within the Bull Bias zone?
At 40.1%, HK50 Index is 19.94 points from the upper boundary of Bull Bias (60%) and 19.18 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 Bias with energy 46.9%; GER40 (European equities) in Bull Extreme with energy 78.1%. Against this backdrop, HK50 Index (Bull Bias, 40.1%) 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 Neutral with Market Energy -0.8%. HK50 Index energy is currently above DXY by 40.9 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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