·
| Price | ▲ 2.13% | ▼ 1.74% | ▲ 0.87% | ▼ 1.90% |
| Energy | ▲ 49.6 | ▼ 8.2 | ▲ 1.9 | ▼ 17.6 |
Trend of Neutral WHEAT Daily
▸When WHEAT is in Neutral:
- then WHEAT moved to higher Market State: 154 times — 45.2%
- then WHEAT moved to lower Market State: 187 times — 54.8%
▸Current WHEAT market energy: 2.33%
- Distance to upper bound of Neutral (at 20.88%): 18.55%
- Distance to lower bound of Neutral (at -20.88%): 23.21%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
After the Daily session ends, WHEAT within the balanced energy zone.
Looking at the Market Energy reading, Market trend energy recorded a -17.6% drop from the previous candle, from 20% to 2.3%.
Time in Neutral energy zone: 3 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 +2.3 to +26.3.
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 20-12-2023 closed, WHEAT was at 614.2, down 1.9% from the previous candle (626.1). Market Energy was 2.3%, down 17.6 points from 20%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did WHEAT price move on this Daily candle, and how large is that historically?
WHEAT closed at 614.2, down 1.9% from the previous Daily candle (626.1). This drop is larger than 72% of past drops on the Daily timeframe for WHEAT, across 1,222 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy fell 17.6 percentage points from the previous candle — from 20% to 2.3%. This drop is larger than 58% 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 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 20%, Neutral — this candle kept the same state, no zone change.
Where does WHEAT energy sit within the Neutral zone?
At 2.3%, WHEAT is 18.55 points from the upper boundary of Neutral (20.88%) and 23.21 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Critical with energy 71.1%; GER40 (European equities) in Bull Bias with energy 46.1%. Against this backdrop, WHEAT (Neutral, 2.3%) 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 Extreme with Market Energy -79.8%. WHEAT energy is currently above DXY by 82.1 points.
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 .