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| Price | ▼ 0.23% | ▲ 0.84% | ▲ 0.93% | ▼ 2.06% |
| Energy | ▼ 1.8 | ▲ 14.1 | ▲ 19.1 | ▼ 28.8 |
Trend of Bear Bias SUGAR Daily
▸When SUGAR is in Bear Bias:
- then SUGAR moved to higher Market State: 34 times — 64.2%
- then SUGAR moved to lower Market State: 19 times — 35.8%
▸Current SUGAR market energy: -24.03%
- Distance to upper bound of Bear Bias (at -20.88%): 3.15%
- Distance to lower bound of Bear Bias (at -60%): 35.97%
"Does history really repeat itself?" — 2AITRADING
Once measurement on the Daily timeframe completes, Market Energy of SUGAR indicates the Bear Bias state.
On the measurement side, Market Energy at -24%, down -28.8% from 4.8% in the previous 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, SUGAR Market Energy ranged from -28.5 to +4.8.
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 08-11-2024 closed, SUGAR was at 0.2137, down 2.06% from the previous candle (0.2182). Market Energy was -24%, down 28.8 points from 4.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did SUGAR price move on this Daily candle, and how large is that historically?
SUGAR closed at 0.2137, down 2.06% from the previous Daily candle (0.2182).
How did SUGAR Market Energy change from the previous candle?
Market Energy fell 28.8 percentage points from the previous candle — from 4.8% to -24%.
Do SUGAR 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 SUGAR in on the previous Daily candle?
The previous Daily candle had SUGAR at 4.8%, Neutral — when this candle closed, SUGAR moved down to a lower zone: Neutral → Bear Bias.
Where does SUGAR energy sit within the Bear Bias zone?
At -24%, SUGAR is 3.15 points from the upper boundary of Bear Bias (-20.88%) and 35.97 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Bull Critical with energy 69.1%; GER40 (European equities) in Bull Extreme with energy 76.5%. Against this backdrop, SUGAR (Bear Bias, -24%) 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 -59.8%. SUGAR (Bear Bias) and DXY currently sit on the same Bear side.
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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