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| Price | ▲ 3.27% | ▼ 0.45% | ▲ 0.03% | ▼ 0.83% |
| Energy | ▲ 85.6 | ▲ 21.5 | ▼ 10.1 | ▼ 47.8 |
Trend of Neutral SOYBEAN Daily
▸When SOYBEAN is in Neutral:
- then SOYBEAN moved to higher Market State: 152 times — 47.1%
- then SOYBEAN moved to lower Market State: 171 times — 52.9%
▸Current SOYBEAN market energy: -8.63%
- Distance to upper bound of Neutral (at 20.88%): 29.51%
- Distance to lower bound of Neutral (at -20.88%): 12.25%
"Does history really repeat itself?" — 2AITRADING
The Bull/Bear balanced energy zone determined for SOYBEAN through the Daily candle data.
Market trend update: Energy delta -47.8%: Market Energy at -8.6%, previously 39.2%.
Time in Neutral energy zone: 1 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 -8.6 to +49.3.
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 21-08-2018 closed, SOYBEAN was at 874.5, down 0.83% from the previous candle (881.8). Market Energy was -8.6%, down 47.8 points from 39.2%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did SOYBEAN price move on this Daily candle, and how large is that historically?
SOYBEAN closed at 874.5, down 0.83% from the previous Daily candle (881.8).
How did SOYBEAN Market Energy change from the previous candle?
Market Energy fell 47.8 percentage points from the previous candle — from 39.2% to -8.6%.
Do SOYBEAN price and energy agree?
Yes. Both price and energy moved down on this candle. 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 39.2%, Bull Bias — when this candle closed, SOYBEAN moved down to a lower zone: Bull Bias → Neutral.
Where does SOYBEAN energy sit within the Neutral zone?
At -8.6%, SOYBEAN is 29.51 points from the upper boundary of Neutral (20.88%) and 12.25 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Neutral with energy -17.1%; GER40 (European equities) in Bear Bias with energy -44.2%. Against this backdrop, SOYBEAN (Neutral, -8.6%) has higher energy 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 -2.9%. SOYBEAN energy is currently below DXY by 5.7 points.
See the real-time energy chart for SOYBEAN.
Open Energy ChartSee the full 2AiTrading Model data for SOYBEAN on the SOYBEAN overview →
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