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Trend of Neutral SOYBEAN Weekly
▸When SOYBEAN is in Neutral:
- then SOYBEAN moved to higher Market State: 33 times — 50.8%
- then SOYBEAN moved to lower Market State: 32 times — 49.2%
▸Current SOYBEAN market energy: 8.72%
- Distance to upper bound of Neutral (at 20.88%): 12.16%
- Distance to lower bound of Neutral (at -20.88%): 29.6%
"To truly understand anything, study its history" — 2AITRADING
After the Weekly data updates, SOYBEAN in neutral energy.
End-of-session update for Weekly, Energy delta -3.2%: Market Energy at 8.7%, previously 11.9%.
Time in Neutral energy zone: 3 Weekly 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.
Not enough data in the past 5 days to show a range.
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What state was SOYBEAN on Weekly when this candle closed?
When the Weekly candle at 07:00 on 01-04-2024 closed, SOYBEAN was in Neutral with Market Energy 8.7%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did SOYBEAN Market Energy change from the previous candle?
Market Energy fell 3.2 percentage points from the previous candle — from 11.9% to 8.7%.
What state was SOYBEAN in on the previous Weekly candle?
The previous Weekly candle had SOYBEAN at 11.9%, Neutral — this candle kept the same state, no zone change.
Where does SOYBEAN energy sit within the Neutral zone?
At 8.7%, SOYBEAN is 12.16 points from the upper boundary of Neutral (20.88%) and 29.6 points from the lower boundary (-20.88%) — so energy sits closer to the upper 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 Bull Extreme with energy 93.6%; GER40 (European equities) in Bull Extreme with energy 97.6%. Against this backdrop, SOYBEAN (Neutral, 8.7%) 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 Bear Bias with Market Energy -29.2%. SOYBEAN energy is currently above DXY by 37.9 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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