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Trend of Bull Bias NAS100 Index Daily
▸When NAS100 Index is in Bull Bias:
- then NAS100 Index moved to higher Market State: 220 times — 52.1%
- then NAS100 Index moved to lower Market State: 202 times — 47.9%
▸Current NAS100 Index market energy: 24.1%
- Distance to upper bound of Bull Bias (at 60%): 35.9%
- Distance to lower bound of Bull Bias (at 20.88%): 3.22%
"History always repeats itself, one way or another" — 2AITRADING
Energy leaning Bull determined for NAS100 through the Daily candle data.
Looking at the energy level, Market Energy moved from 21.9% to 24.1%, up +2.2% from the previous candle.
Time in Bull Bias energy zone: 2 Daily 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.
Over the past 5 days, NAS100 Index Market Energy ranged from -47.8 to +24.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was NAS100 Index on Daily when this candle closed?
When the Daily candle at 07:00 on 17-04-2023 closed, NAS100 Index was in Bull Bias with Market Energy 24.1%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did NAS100 Index Market Energy change from the previous candle?
Market Energy rose 10.8 percentage points from the previous candle — from 13.3% to 24.1%.
What state was NAS100 Index in on the previous Daily candle?
The previous Daily candle had NAS100 Index at 13.3%, Neutral — when this candle closed, NAS100 Index moved up to a higher zone: Neutral → Bull Bias.
Where does NAS100 Index energy sit within the Bull Bias zone?
At 24.1%, NAS100 Index is 35.9 points from the upper boundary of Bull Bias (60%) and 3.22 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 34.2%; GER40 (European equities) in Bull Bias with energy 21.3%. Against this backdrop, NAS100 Index (Bull Bias, 24.1%) sits in the same state zone as 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 Bull Extreme with Market Energy 86.6%. NAS100 Index (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for NAS100 Index.
Open Energy ChartSee the full 2AiTrading Model data for NAS100 on the NAS100 Index overview →
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