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| Price | ▲ 3.42% | ▼ 2.95% | ▼ 1.93% | ▼ 5.00% |
| Energy | ▲ 21.6 | ▼ 2.9 | ▼ 22.9 | ▼ 16.9 |
Trend of Bear Extreme HK50 Index Weekly
▸When HK50 Index is in Bear Extreme:
- then HK50 Index moved to higher Market State: 23 times — 100%
- then HK50 Index moved to lower Market State: 0 times — 0%
▸Current HK50 Index market energy: -82.83%
- Distance to upper bound of Bear Extreme (at -74.5%): 8.33%
- Distance to bottom -100%: 17.17%
"Why does archaeology matter?" — 2AITRADING
Reading from the Weekly candle, HK50 in Bear Extreme.
Looking at the Market Energy reading, Market Energy dropped -16.9% from the previous session, from -65.9% to -82.8%.
Time in Bear Extreme 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 did HK50 Index price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 15-01-2024 closed, HK50 Index was at 15,407.2, down 5% from the previous candle (16,218.6). Market Energy was -82.8%, down 16.9 points from -65.9%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did HK50 price move on this Weekly candle, and how large is that historically?
HK50 closed at 15,407.2, down 5% from the previous Weekly candle (16,218.6). This drop is larger than 89% of past drops on the Weekly timeframe for HK50, across 298 candles since 2019.
How did HK50 Index Market Energy change from the previous candle?
Market Energy fell 16.9 percentage points from the previous candle — from -65.9% to -82.8%. This drop is larger than 60% of past drops on the Weekly timeframe for HK50.
Do HK50 price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was HK50 Index in on the previous Weekly candle?
The previous Weekly candle had HK50 Index at -65.9%, Bear Critical — when this candle closed, HK50 Index moved down to a lower zone: Bear Critical → Bear Extreme.
Where does HK50 Index energy sit within the Bear Extreme zone?
At -82.8%, HK50 Index is 8.33 points from the upper boundary of Bear Extreme (-74.5%) and 17.17 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.
What does Bear Extreme mean?
Bear Extreme 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 Extreme 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 -7%; GER40 (European equities) in Bull Bias with energy 40%. Against this backdrop, HK50 Index (Bear Extreme, -82.8%) 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 Neutral with Market Energy 17.5%. HK50 Index energy is currently below DXY by 100.3 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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