·
| Price | ▲ 0.76% | ▲ 0.39% | ▲ 1.46% | ▼ 2.60% |
| Energy | ▼ 0.1 | ▼ 7.8 | ▼ 1.3 | ▼ 25.8 |
Trend of Bull Critical WHEAT Daily
▸When WHEAT is in Bull Critical:
- then WHEAT moved to higher Market State: 62 times — 34.1%
- then WHEAT moved to lower Market State: 120 times — 65.9%
▸Current WHEAT market energy: 64.83%
- Distance to upper bound of Bull Critical (at 74.5%): 9.67%
- Distance to lower bound of Bull Critical (at 60%): 4.83%
"Let data guide you, but never trust it completely" — 2AITRADING
Observing the completed Daily candle, WHEAT recorded in the Bull Critical state.
On the measurement side, Market Energy at 64.8%, down -25.8% from 90.7% in the previous candle.
Time in Bull Critical 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, WHEAT Market Energy ranged from +64.8 to +99.8.
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 22-07-2021 closed, WHEAT was at 692.25, down 2.6% from the previous candle (710.75). Market Energy was 64.8%, down 25.8 points from 90.7%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did WHEAT price move on this Daily candle, and how large is that historically?
WHEAT closed at 692.25, down 2.6% from the previous Daily candle (710.75). This drop is larger than 90% of past drops on the Daily timeframe for WHEAT, across 632 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy fell 25.8 percentage points from the previous candle — from 90.7% to 64.8%. This drop is larger than 73% of past drops on the Daily timeframe for WHEAT.
Do WHEAT price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. 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 90.7%, Bull Extreme — when this candle closed, WHEAT moved down to a lower zone: Bull Extreme → Bull Critical.
Where does WHEAT energy sit within the Bull Critical zone?
At 64.8%, WHEAT is 9.67 points from the upper boundary of Bull Critical (74.5%) and 4.83 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Extreme with energy 83.6%; GER40 (European equities) in Bull Extreme with energy 76.9%. Against this backdrop, WHEAT (Bull Critical, 64.8%) 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 Critical with Market Energy -65.3%. WHEAT (Bull Critical) and DXY currently sit on opposite sides.
See the real-time energy chart for WHEAT.
Open Energy ChartSee the full 2AiTrading Model data for WHEAT on the WHEAT overview →
To jump to a symbol you're interested in, click .