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| Price | ▲ 0.41% | ▲ 0.36% | ▲ 0.01% | ▼ 0.38% |
| Energy | ▲ 71.7 | ▲ 45.5 | ▲ 8.3 | ▼ 63.3 |
Trend of Bull Bias VNINDEX Index 1H
▸When VNINDEX Index is in Bull Bias:
- then VNINDEX Index moved to higher Market State: 306 times — 49.7%
- then VNINDEX Index moved to lower Market State: 310 times — 50.3%
▸Current VNINDEX Index market energy: 22.96%
- Distance to upper bound of Bull Bias (at 60%): 37.04%
- Distance to lower bound of Bull Bias (at 20.88%): 2.08%
"History always repeats itself, one way or another" — 2AITRADING
As the 1H candle completes, Market VNINDEX Index in the Bull Bias zone.
The VNINDEX market at session end, Market Energy dropped -63.3% this candle, currently 23% (previous candle 86.2%).
Time in Bull Bias 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, VNINDEX Index Market Energy ranged from -82.1 to +86.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did VNINDEX Index price and energy show when this 1H candle closed?
When the 1H candle at 13:00 on 16-07-2024 closed, VNINDEX Index was at 1,284.9, down 0.38% from the previous candle (1,289.8). Market Energy was 23%, down 63.3 points from 86.2%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did VNINDEX price move on this 1H candle, and how large is that historically?
VNINDEX closed at 1,284.9, down 0.38% from the previous 1H candle (1,289.8). This drop is larger than 69% of past drops on the 1H timeframe for VNINDEX, across 5,223 candles since 2019.
How did VNINDEX Index Market Energy change from the previous candle?
Market Energy fell 63.3 percentage points from the previous candle — from 86.2% to 23%. This drop is larger than 91% of past drops on the 1H timeframe for VNINDEX.
Do VNINDEX 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 VNINDEX Index in on the previous 1H candle?
The previous 1H candle had VNINDEX Index at 86.2%, Bull Extreme — when this candle closed, VNINDEX Index moved down to a lower zone: Bull Extreme → Bull Bias.
Where does VNINDEX Index energy sit within the Bull Bias zone?
At 23%, VNINDEX Index is 37.04 points from the upper boundary of Bull Bias (60%) and 2.08 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull Bias definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: VN30 (VN30 basket) in Bull Bias with energy 41.5%; SPX500 (US equities) in Bear Bias with energy -37.8%; GER40 (European equities) in Bear Extreme with energy -93.4%. Against this backdrop, VNINDEX Index (Bull Bias, 23%) has higher energy than SPX500, GER40; sits in the same state zone as VN30.
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 54.8%. VNINDEX Index (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for VNINDEX Index.
Open Energy ChartSee the full 2AiTrading Model data for VNINDEX on the VNINDEX Index overview →
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