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| Price | ▲ 0.34% | ▲ 0.36% | ▼ 0.14% | ▲ 0.18% |
| Energy | ▲ 10.0 | ▲ 12.1 | ▼ 2.9 | ▲ 4.0 |
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: 65.62%
- Distance to upper bound of Bull Critical (at 74.5%): 8.88%
- Distance to lower bound of Bull Critical (at 60%): 5.62%
"Why does archaeology matter?" — 2AITRADING
The Bull Critical state is the result just recorded for WHEAT after the 1H candle closed.
Market trend on the 2AiTrading energy system Compared to the previous candle (61.6%), Market Energy rose +4% to 65.6%.
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 -98.9 to +99.3.
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 01:00 on 28-03-2024 closed, WHEAT was at 555.8, up 0.18% from the previous candle (554.8). Market Energy was 65.6%, up 4.0 points from 61.6%, 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 555.8, up 0.18% from the previous 1H candle (554.8). This rise is larger than 47% of past rises on the 1H timeframe for WHEAT, across 3,174 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy rose 4 percentage points from the previous candle — from 61.6% to 65.6%. This rise is larger than 30% of past rises on the 1H timeframe for WHEAT.
Do WHEAT price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. 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 61.6%, Bull Critical — this candle kept the same state, no zone change.
Where does WHEAT energy sit within the Bull Critical zone?
At 65.6%, WHEAT is 8.88 points from the upper boundary of Bull Critical (74.5%) and 5.62 points from the lower boundary (60%) — so energy sits closer to the lower 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 Bear Bias with energy -59.2%; GER40 (European equities) in Bull Bias with energy 42.9%. Against this backdrop, WHEAT (Bull Critical, 65.6%) 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 19.2%. WHEAT energy is currently above DXY by 46.4 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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