Analysis

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Candle open
Price and energy
WHEAT from 639.6 to 682.5, up 6.71%
Market Energy Bull Bias 47.2% to Bull Extreme 98.9%, up 51.8 pts
Up candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.73%▲ 1.22%▲ 2.66%▲ 6.71%
Energy▼ 0.6▲ 17.3▲ 87.5▲ 51.8
Volatility trend chart · last 4 sessions
▼ 0.73%▲ 1.22%▲ 2.66%▲ 6.71%▼ 0.6▲ 17.3▲ 87.5▲ 51.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 6.71% — higher than 99% of past rises
0%255075100%
Energy up 51.8 pts — higher than 89% of past rises
RESEARCH

Trend of Bull Extreme WHEAT Daily

Sample: 3,426 Daily candles from 2013-01-03 to 2026-10-07
Number of Bull Extreme occurrences: 151 times

▸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: 98.95%

  • Distance to peak 100%: 1.05%
  • Distance to lower bound of Bull Extreme (at 74.5%): 24.45%

"Does history really repeat itself?" — 2AITRADING

WHEAT · D1 · 2026-05-12 00:00 UTC
Preview the last 30 candles — price and energy
View live WHEAT chart →
Market Energy
47.2%
Bull Bias
98.9%
Bull Extreme
99.2%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

With the Daily candle just closed, WHEAT reflects the extreme Bull energy state.

Market trend update: Market Energy rose +51.8% from the previous session, from 47.2% to 98.9%.

Time in Bull Extreme energy zone: 1 Daily Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, WHEAT Market Energy ranged from -57.7 to +98.9.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did WHEAT price and energy show when this Daily candle closed?

When the Daily candle at 07:00 on 12-05-2026 closed, WHEAT was at 682.5, up 6.71% from the previous candle (639.6). Market Energy was 98.9%, up 51.8 points from 47.2%, 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 682.5, up 6.71% from the previous Daily candle (639.6). This rise is larger than 99% of past rises on the Daily timeframe for WHEAT, across 1,822 candles since 2019.

How did WHEAT Market Energy change from the previous candle?

Market Energy rose 51.8 percentage points from the previous candle — from 47.2% to 98.9%. This rise is larger than 89% of past rises on the Daily timeframe for WHEAT.

Do WHEAT price and energy agree?

Yes. Both price and energy moved up 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 47.2%, Bull Bias — when this candle closed, WHEAT moved up to a higher zone: Bull Bias → Bull Extreme.

Where does WHEAT energy sit within the Bull Extreme zone?

At 98.9%, WHEAT is 1.05 points from the upper boundary of Bull Extreme (100%) and 24.45 points from the lower boundary (74.5%) — so energy sits closer to the upper 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 Bear Bias with energy -31.2%; GER40 (European equities) in Neutral with energy -19.2%. Against this backdrop, WHEAT (Bull Extreme, 98.9%) 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 -5.1%. WHEAT energy is currently above DXY by 104 points.

Real-time Energy Chart

See the real-time energy chart for WHEAT.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for WHEAT on the WHEAT overview →

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