·
| Price | ▲ 0.20% | ▲ 0.20% | ▼ 0.27% | ▼ 0.65% |
| Energy | ▲ 4.7 | ▲ 5.1 | ▼ 6.5 | ▼ 81.9 |
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: -9.17%
- Distance to upper bound of Neutral (at 20.88%): 30.05%
- Distance to lower bound of Neutral (at -20.88%): 11.71%
"Let data guide you, but never trust it completely" — 2AITRADING
As the 1H candle completes, WHEAT within balanced trend energy.
Market energy measurement A -81.9% change from the previous candle, Market Energy is now -9.2% (previous: 72.7%).
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 -86.3 to +99.5.
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 08:00 on 07-11-2023 closed, WHEAT was at 592.405, down 0.65% from the previous candle (596.3). Market Energy was -9.2%, down 81.9 points from 72.7%, 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 592.405, down 0.65% from the previous 1H candle (596.3). This drop is larger than 90% of past drops on the 1H timeframe for WHEAT, across 1,373 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy fell 81.9 percentage points from the previous candle — from 72.7% to -9.2%. This drop is larger than 97% of past drops on the 1H timeframe for WHEAT.
Do WHEAT price and energy agree?
Yes. Both price and energy moved down on this candle. 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 72.7%, 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 -9.2%, WHEAT is 30.05 points from the upper boundary of Neutral (20.88%) and 11.71 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Bias with energy 44.5%; GER40 (European equities) in Neutral with energy 0.1%. Against this backdrop, WHEAT (Neutral, -9.2%) 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 Extreme with Market Energy 80.9%. WHEAT energy is currently below DXY by 90.1 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 .