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Trend of Neutral HK50 Index Weekly
▸When HK50 Index is in Neutral:
- then HK50 Index moved to higher Market State: 39 times — 60%
- then HK50 Index moved to lower Market State: 26 times — 40%
▸Current HK50 Index market energy: 0.94%
- Distance to upper bound of Neutral (at 20.88%): 19.94%
- Distance to lower bound of Neutral (at -20.88%): 21.82%
"To truly understand anything, study its history" — 2AITRADING
As the Weekly candle completes, HK50 recorded in the neutral energy level between Bull and Bear.
Looking at the Market Energy reading, Market Energy at 0.9%, down -39.8% from 40.7% in the previous candle.
Time in Neutral 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 03-06-2024 closed, HK50 Index was in Neutral with Market Energy 0.9%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did HK50 Index Market Energy change from the previous candle?
Market Energy fell 39.8 percentage points from the previous candle — from 40.7% to 0.9%.
What state was HK50 Index in on the previous Weekly candle?
The previous Weekly candle had HK50 Index at 40.7%, Bull Bias — when this candle closed, HK50 Index moved down to a lower zone: Bull Bias → Neutral.
Where does HK50 Index energy sit within the Neutral zone?
At 0.9%, HK50 Index is 19.94 points from the upper boundary of Neutral (20.88%) and 21.82 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 93.5%; GER40 (European equities) in Bull Extreme with energy 99.1%. Against this backdrop, HK50 Index (Neutral, 0.9%) 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 Neutral with Market Energy -11.8%. HK50 Index energy is currently above DXY by 12.8 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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