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| Price | ▲ 1.49% | ▼ 0.80% | ▼ 1.48% | ▼ 2.40% |
| Energy | ▲ 63.1 | ▼ 1.9 | ▼ 71.2 | ▼ 44.4 |
Trend of Bear Extreme WHEAT Daily
▸When WHEAT is in Bear Extreme:
- then WHEAT moved to higher Market State: 182 times — 100%
- then WHEAT moved to lower Market State: 0 times — 0%
▸Current WHEAT market energy: -96.44%
- Distance to upper bound of Bear Extreme (at -74.5%): 21.94%
- Distance to bottom -100%: 3.56%
"To truly understand anything, study its history" — 2AITRADING
WHEAT classified into Bear in Extreme state after the Daily candle completed.
Market trend energy Market Energy reading dropped -44.4%, moving from -52.1% to -96.4% after the Daily candle.
Time in Bear Extreme 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 -96.4 to +19.2.
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 09-09-2021 closed, WHEAT was at 681.5, down 2.4% from the previous candle (698.25). Market Energy was -96.4%, down 44.4 points from -52.1%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did WHEAT price move on this Daily candle, and how large is that historically?
WHEAT closed at 681.5, down 2.4% from the previous Daily candle (698.25). This drop is larger than 88% of past drops on the Daily timeframe for WHEAT, across 666 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy fell 44.4 percentage points from the previous candle — from -52.1% to -96.4%. This drop is larger than 86% of past drops on the Daily timeframe for WHEAT.
Do WHEAT price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was WHEAT in on the previous Daily candle?
The previous Daily candle had WHEAT at -52.1%, Bear Bias — when this candle closed, WHEAT moved down to a lower zone: Bear Bias → Bear Extreme.
Where does WHEAT energy sit within the Bear Extreme zone?
At -96.4%, WHEAT is 21.94 points from the upper boundary of Bear Extreme (-74.5%) and 3.56 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.
What does Bear Extreme mean?
Bear 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 Bear 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 Bear Bias with energy -42.1%; GER40 (European equities) in Bear Extreme with energy -86.4%. Against this backdrop, WHEAT (Bear Extreme, -96.4%) lower than SPX500; sits in the same state zone as 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 32.8%. WHEAT (Bear Extreme) 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 →
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