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| Price | ▼ 0.11% | ▼ 0.02% | ▼ 0.15% | ▼ 0.02% |
| Energy | ▼ 0.7 | ▼ 0.5 | ▼ 4.9 | ▼ 6.0 |
Trend of Bull Critical WHEAT 1H
▸When WHEAT is in Bull Critical:
- then WHEAT moved to higher Market State: 236 times — 32%
- then WHEAT moved to lower Market State: 501 times — 68%
▸Current WHEAT market energy: 72.12%
- Distance to upper bound of Bull Critical (at 74.5%): 2.38%
- Distance to lower bound of Bull Critical (at 60%): 12.12%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
The near-peak Bull energy state is the result just recorded for WHEAT after the 1H candle closed.
On the energy side, Market Energy at 72.1%, down -6% from 78.1% in the previous candle.
Time in Bull Critical 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 -99.2 to +99.6.
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 13:00 on 12-03-2024 closed, WHEAT was at 548.7, down 0.02% from the previous candle (548.8). Market Energy was 72.1%, down 6.0 points from 78.1%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did WHEAT price move on this 1H candle, and how large is that historically?
WHEAT closed at 548.7, down 0.02% from the previous 1H candle (548.8). This drop is larger than 4% of past drops on the 1H timeframe for WHEAT, across 2,953 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy fell 6 percentage points from the previous candle — from 78.1% to 72.1%. This drop is larger than 39% 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 the candle that just closed; it does not say where price goes next.
What state was WHEAT in on the previous 1H candle?
The previous 1H candle had WHEAT at 78.1%, Bull Extreme — when this candle closed, WHEAT moved down to a lower zone: Bull Extreme → Bull Critical.
Where does WHEAT energy sit within the Bull Critical zone?
At 72.1%, WHEAT is 2.38 points from the upper boundary of Bull Critical (74.5%) and 12.12 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull 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 Bull 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 Extreme with energy 87.3%; GER40 (European equities) in Bull Extreme with energy 80.6%. Against this backdrop, WHEAT (Bull Critical, 72.1%) 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 Neutral with Market Energy 8.6%. WHEAT energy is currently above DXY by 63.6 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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