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| Price | ▼ 4.18% | ▲ 0.61% | ▲ 3.60% | ▼ 1.49% |
| Energy | ▼ 67.6 | ▼ 2.0 | ▲ 31.2 | ▲ 3.1 |
Trend of Bear Critical WHEAT Daily
▸When WHEAT is in Bear Critical:
- then WHEAT moved to higher Market State: 138 times — 65.7%
- then WHEAT moved to lower Market State: 72 times — 34.3%
▸Current WHEAT market energy: -61.51%
- Distance to upper bound of Bear Critical (at -60%): 1.51%
- Distance to lower bound of Bear Critical (at -74.5%): 12.99%
"A person's history reveals more than you might think" — 2AITRADING
With the Daily candle just closed, WHEAT in the Bear Critical energy zone.
Market movement after the Daily candle closes, Energy delta +3.1%: Market Energy at -61.5%, previously -64.6%.
Time in Bear 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 -95.8 to -26.2.
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 03-12-2021 closed, WHEAT was at 794.5, down 1.49% from the previous candle (806.5). Market Energy was -61.5%, up 3.1 points from -64.6%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How much did WHEAT price move on this Daily candle, and how large is that historically?
WHEAT closed at 794.5, down 1.49% from the previous Daily candle (806.5). This drop is larger than 68% of past drops on the Daily timeframe for WHEAT, across 726 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy rose 3.1 percentage points from the previous candle — from -64.6% to -61.5%. This rise is larger than 14% of past rises on the Daily timeframe for WHEAT.
Do WHEAT price and energy agree?
No. This candle recorded a price decline with energy moving the other way. 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 -64.6%, Bear Critical — this candle kept the same state, no zone change.
Where does WHEAT energy sit within the Bear Critical zone?
At -61.5%, WHEAT is 1.51 points from the upper boundary of Bear Critical (-60%) and 12.99 points from the lower boundary (-74.5%) — so energy sits closer to the upper boundary at candle close.
What does Bear Critical mean?
Bear 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 Bear 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 Bias with energy 45%; GER40 (European equities) in Bull Bias with energy 59.7%. Against this backdrop, WHEAT (Bear Critical, -61.5%) 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 Bull Extreme with Market Energy 80.7%. WHEAT (Bear 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 →
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