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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: -12.96%
- Distance to upper bound of Neutral (at 20.88%): 33.84%
- Distance to lower bound of Neutral (at -20.88%): 7.92%
"History always repeats itself, one way or another" — 2AITRADING
As the Weekly candle closes, SOYBEAN recorded in the Bull/Bear balanced state.
End-of-session update for Weekly, Market trend energy recorded a +6.5% rise from the previous candle, from -19.5% to -13%.
Time in Neutral energy zone: 6 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 22-04-2024 closed, SOYBEAN was in Neutral with Market Energy -13%, 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 rose 6.5 percentage points from the previous candle — from -19.5% to -13%.
What state was SOYBEAN in on the previous Weekly candle?
The previous Weekly candle had SOYBEAN at -19.5%, Neutral — this candle kept the same state, no zone change.
Where does SOYBEAN energy sit within the Neutral zone?
At -13%, SOYBEAN is 33.84 points from the upper boundary of Neutral (20.88%) and 7.92 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 Bear Bias with energy -32.5%; GER40 (European equities) in Bull Bias with energy 44.1%. Against this backdrop, SOYBEAN (Neutral, -13%) 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 Bull Bias with Market Energy 23.4%. SOYBEAN energy is currently below DXY by 36.3 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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