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| Price | ▼ 2.52% | ▼ 0.53% | ▲ 2.00% | ▼ 1.57% |
| Energy | ▼ 31.0 | ▼ 7.6 | ▲ 21.1 | ▼ 5.1 |
Trend of Neutral SUGAR Daily
▸When SUGAR is in Neutral:
- then SUGAR moved to higher Market State: 27 times — 43.5%
- then SUGAR moved to lower Market State: 35 times — 56.5%
▸Current SUGAR market energy: 6.85%
- Distance to upper bound of Neutral (at 20.88%): 14.03%
- Distance to lower bound of Neutral (at -20.88%): 27.73%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
After the Daily candle closes, SUGAR currently in the neutral energy zone.
Market trend energy Compared to the previous candle (11.9%), Market Energy dropped -5.1% to 6.9%.
Time in Neutral energy zone: 4 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, SUGAR Market Energy ranged from -9.2 to +11.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SUGAR price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 02-10-2024 closed, SUGAR was at 0.2259, down 1.57% from the previous candle (0.2295). Market Energy was 6.9%, down 5.1 points from 11.9%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did SUGAR price move on this Daily candle, and how large is that historically?
SUGAR closed at 0.2259, down 1.57% from the previous Daily candle (0.2295).
How did SUGAR Market Energy change from the previous candle?
Market Energy fell 5.1 percentage points from the previous candle — from 11.9% to 6.9%.
Do SUGAR price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was SUGAR in on the previous Daily candle?
The previous Daily candle had SUGAR at 11.9%, Neutral — this candle kept the same state, no zone change.
Where does SUGAR energy sit within the Neutral zone?
At 6.9%, SUGAR is 14.03 points from the upper boundary of Neutral (20.88%) and 27.73 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 Bear Bias with energy -33.7%; GER40 (European equities) in Bear Bias with energy -44.4%. Against this backdrop, SUGAR (Neutral, 6.9%) has higher energy 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 Bull Bias with Market Energy 34.3%. SUGAR energy is currently below DXY by 27.4 points.
See the real-time energy chart for SUGAR.
Open Energy ChartSee the full 2AiTrading Model data for SUGAR on the SUGAR overview →
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