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| Price | ▲ 0.25% | ▼ 0.14% | ▼ 0.14% | ▼ 0.49% |
| Energy | ▼ 1.0 | ▼ 2.1 | ▼ 5.8 | ▼ 46.9 |
Trend of Neutral WHEAT 1H
▸When WHEAT is in Neutral:
- then WHEAT moved to higher Market State: 529 times — 47.2%
- then WHEAT moved to lower Market State: 592 times — 52.8%
▸Current WHEAT market energy: 20.06%
- Distance to upper bound of Neutral (at 20.88%): 0.82%
- Distance to lower bound of Neutral (at -20.88%): 40.94%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
The system just recorded WHEAT in trend energy in a neutral state after the 1H candle closed.
Looking at the energy level, Compared to the previous candle (67%), Market Energy dropped -46.9% to 20.1%.
Time in Neutral energy zone: 1 1H 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 -72.1 to +98.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did WHEAT price and energy show when this 1H candle closed?
When the 1H candle at 12:00 on 21-08-2023 closed, WHEAT was at 635, down 0.49% from the previous candle (638.1). Market Energy was 20.1%, down 46.9 points from 67%, 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 1H candle, and how large is that historically?
WHEAT closed at 635, down 0.49% from the previous 1H candle (638.1). This drop is larger than 74% of past drops on the 1H timeframe for WHEAT, across 338 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy fell 46.9 percentage points from the previous candle — from 67% to 20.1%. This drop is larger than 92% of past drops on the 1H 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 a closed candle, not a forecast of where price goes next.
What state was WHEAT in on the previous 1H candle?
The previous 1H candle had WHEAT at 67%, Bull Critical — when this candle closed, WHEAT moved down to a lower zone: Bull Critical → Neutral.
Where does WHEAT energy sit within the Neutral zone?
At 20.1%, WHEAT is 0.82 points from the upper boundary of Neutral (20.88%) and 40.94 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 Neutral with energy -8.3%; GER40 (European equities) in Bull Bias with energy 23.2%. Against this backdrop, WHEAT (Neutral, 20.1%) lower than GER40; sits in the same state zone as SPX500.
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 -14.8%. WHEAT energy is currently above DXY by 34.9 points.
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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