·
| Price | ▲ 0.51% | ▲ 0.39% | ▲ 1.99% | ▼ 0.98% |
| Energy | ▲ 6.1 | ▲ 16.5 | ▲ 90.3 | ▼ 3.6 |
Trend of Bull Bias SOYBEAN Daily
▸When SOYBEAN is in Bull Bias:
- then SOYBEAN moved to higher Market State: 140 times — 43.5%
- then SOYBEAN moved to lower Market State: 182 times — 56.5%
▸Current SOYBEAN market energy: 40.55%
- Distance to upper bound of Bull Bias (at 60%): 19.45%
- Distance to lower bound of Bull Bias (at 20.88%): 19.67%
"History always repeats itself, one way or another" — 2AITRADING
Right as the Daily candle closes, Market Energy of SOYBEAN indicates the Bull Bias level.
On the 2AiTrading energy system, The energy level dropped -3.6%: from 44.1% now at 40.5%.
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, SOYBEAN Market Energy ranged from -62.6 to +44.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SOYBEAN price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 04-10-2016 closed, SOYBEAN was at 963.5, down 0.98% from the previous candle (973). Market Energy was 40.5%, down 3.6 points from 44.1%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did SOYBEAN price move on this Daily candle, and how large is that historically?
SOYBEAN closed at 963.5, down 0.98% from the previous Daily candle (973).
How did SOYBEAN Market Energy change from the previous candle?
Market Energy fell 3.6 percentage points from the previous candle — from 44.1% to 40.5%.
Do SOYBEAN 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 SOYBEAN in on the previous Daily candle?
The previous Daily candle had SOYBEAN at 44.1%, Bull Bias — this candle kept the same state, no zone change.
Where does SOYBEAN energy sit within the Bull Bias zone?
At 40.5%, SOYBEAN is 19.45 points from the upper boundary of Bull Bias (60%) and 19.67 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 2.3%; GER40 (European equities) in Bull Extreme with energy 94.5%. Against this backdrop, SOYBEAN (Bull Bias, 40.5%) 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 Neutral with Market Energy 10.5%. SOYBEAN energy is currently above DXY by 30.1 points.
See the real-time energy chart for SOYBEAN.
Open Energy ChartSee the full 2AiTrading Model data for SOYBEAN on the SOYBEAN overview →
To jump to a symbol you're interested in, click .