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| Price | ▲ 0.82% | ▲ 0.23% | ▼ 0.23% | ▼ 2.12% |
| Energy | ▼ 4.3 | ▲ 9.5 | ▼ 5.7 | ▼ 66.5 |
Trend of Bear Bias SOYBEAN Daily
▸When SOYBEAN is in Bear Bias:
- then SOYBEAN moved to higher Market State: 193 times — 58.8%
- then SOYBEAN moved to lower Market State: 135 times — 41.2%
▸Current SOYBEAN market energy: -56.9%
- Distance to upper bound of Bear Bias (at -20.88%): 36.02%
- Distance to lower bound of Bear Bias (at -60%): 3.1%
"Does history really repeat itself?" — 2AITRADING
After the system processes the Daily candle, Market Energy of SOYBEAN indicates energy leaning Bear.
Looking at the Market Energy reading, Market Energy reading dropped -66.5%, moving from 9.6% to -56.9% after the Daily candle.
Time in Bear Bias 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 -56.9 to +15.3.
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 26-11-2018 closed, SOYBEAN was at 862.3, down 2.12% from the previous candle (881). Market Energy was -56.9%, down 66.5 points from 9.6%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did SOYBEAN price move on this Daily candle, and how large is that historically?
SOYBEAN closed at 862.3, down 2.12% from the previous Daily candle (881).
How did SOYBEAN Market Energy change from the previous candle?
Market Energy fell 66.5 percentage points from the previous candle — from 9.6% to -56.9%.
Do SOYBEAN price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was SOYBEAN in on the previous Daily candle?
The previous Daily candle had SOYBEAN at 9.6%, Neutral — when this candle closed, SOYBEAN moved down to a lower zone: Neutral → Bear Bias.
Where does SOYBEAN energy sit within the Bear Bias zone?
At -56.9%, SOYBEAN is 36.02 points from the upper boundary of Bear Bias (-20.88%) and 3.1 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 -8.1%; GER40 (European equities) in Neutral with energy 12.9%. Against this backdrop, SOYBEAN (Bear Bias, -56.9%) 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 -3.6%. SOYBEAN energy is currently below DXY by 53.3 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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