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| Price | ▲ 0.08% | ▲ 0.24% | ▲ 0.02% | ▼ 0.46% |
| Energy | ▲ 8.8 | ▲ 107.7 | ▲ 24.6 | ▼ 148.7 |
Trend of Bear Extreme SOYBEAN 1H
▸When SOYBEAN is in Bear Extreme:
- then SOYBEAN moved to higher Market State: 930 times — 100%
- then SOYBEAN moved to lower Market State: 0 times — 0%
▸Current SOYBEAN market energy: -81.45%
- Distance to upper bound of Bear Extreme (at -74.5%): 6.95%
- Distance to bottom -100%: 18.55%
"Why does archaeology matter?" — 2AITRADING
Reading from the 1H candle, SOYBEAN shows the Bear Extreme energy zone.
End-of-session energy readings on 1H, Market Energy dropped -148.7% from the previous session, from 67.2% to -81.4%.
Time in Bear Extreme energy zone: 1 1H 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 -99.8 to +67.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SOYBEAN price and energy show when this 1H candle closed?
When the 1H candle at 21:00 on 03-01-2024 closed, SOYBEAN was at 1,268.5, down 0.46% from the previous candle (1,274.3). Market Energy was -81.4%, down 148.7 points from 67.2%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did SOYBEAN price move on this 1H candle, and how large is that historically?
SOYBEAN closed at 1,268.5, down 0.46% from the previous 1H candle (1,274.3). This drop is larger than 90% of past drops on the 1H timeframe for SOYBEAN, across 8,114 candles since 2019.
How did SOYBEAN Market Energy change from the previous candle?
Market Energy fell 148.7 percentage points from the previous candle — from 67.2% to -81.4%. This is the largest of all drops on the 1H timeframe for SOYBEAN on record since 2019.
Do SOYBEAN price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was SOYBEAN in on the previous 1H candle?
The previous 1H candle had SOYBEAN at 67.2%, Bull Critical — when this candle closed, SOYBEAN moved down to a lower zone: Bull Critical → Bear Extreme.
Where does SOYBEAN energy sit within the Bear Extreme zone?
At -81.4%, SOYBEAN is 6.95 points from the upper boundary of Bear Extreme (-74.5%) and 18.55 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.
What does Bear Extreme mean?
Bear Extreme 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 Extreme 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 Bear Extreme with energy -92.4%; GER40 (European equities) in Bear Extreme with energy -95.8%. Against this backdrop, SOYBEAN (Bear Extreme, -81.4%) 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 Critical with Market Energy 69.6%. SOYBEAN (Bear Extreme) and DXY currently sit on opposite sides.
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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