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| Price | ▲ 4.07% | ▼ 0.43% | ▲ 2.85% | ▲ 0.10% |
| Energy | ▼ 4.2 | ▼ 2.4 | ▼ 3.0 | ▼ 12.2 |
Trend of Bull Extreme WHEAT Daily
▸When WHEAT is in Bull Extreme:
- then WHEAT moved to higher Market State: 0 times — 0%
- then WHEAT moved to lower Market State: 151 times — 100%
▸Current WHEAT market energy: 78.16%
- Distance to peak 100%: 21.84%
- Distance to lower bound of Bull Extreme (at 74.5%): 3.66%
"Let data guide you, but never trust it completely" — 2AITRADING
As the Daily session concludes, WHEAT in the Bull Extreme state.
Market trend energy Market Energy at 78.2%, down -12.2% from 90.3% in the previous candle.
Time in Bull Extreme energy zone: 6 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, WHEAT Market Energy ranged from +78.2 to +95.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did WHEAT price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 21-05-2019 closed, WHEAT was at 478.75, up 0.1% from the previous candle (478.25). Market Energy was 78.2%, down 12.2 points from 90.3%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did WHEAT price move on this Daily candle, and how large is that historically?
WHEAT closed at 478.75, up 0.1% from the previous Daily candle (478.25). This rise is larger than 7% of past rises on the Daily timeframe for WHEAT, across 95 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy fell 12.2 percentage points from the previous candle — from 90.3% to 78.2%. This drop is larger than 50% of past drops on the Daily timeframe for WHEAT.
Do WHEAT price and energy agree?
No. Price moved up while energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was WHEAT in on the previous Daily candle?
The previous Daily candle had WHEAT at 90.3%, Bull Extreme — this candle kept the same state, no zone change.
Where does WHEAT energy sit within the Bull Extreme zone?
At 78.2%, WHEAT is 21.84 points from the upper boundary of Bull Extreme (100%) and 3.66 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bull Extreme mean?
Bull Extreme 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 Extreme 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 Bias with energy 41.8%; GER40 (European equities) in Neutral with energy -2.9%. Against this backdrop, WHEAT (Bull Extreme, 78.2%) 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 Neutral with Market Energy 10.4%. WHEAT energy is currently above DXY by 67.8 points.
See the real-time energy chart for WHEAT.
Open Energy ChartSee the full 2AiTrading Model data for WHEAT on the WHEAT overview →
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