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| Price | ▲ 0.23% | ▲ 0.46% | ▼ 0.12% | ▼ 0.05% |
| Energy | ▲ 29.8 | ▲ 36.2 | ▲ 1.4 | ▼ 2.5 |
Trend of Neutral WHEAT 1H
▸When WHEAT is in Neutral:
- then WHEAT moved to higher Market State: 530 times — 47.2%
- then WHEAT moved to lower Market State: 594 times — 52.8%
▸Current WHEAT market energy: 13.82%
- Distance to upper bound of Neutral (at 20.88%): 7.06%
- Distance to lower bound of Neutral (at -20.88%): 34.7%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Trend energy in a balanced state recorded from just-completed 1H candle data for WHEAT.
On the energy side, The energy level dropped -2.5%: from 16.3% now at 13.8%.
Time in Neutral energy zone: 3 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 -92.6 to +90.1.
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 17-04-2024 closed, WHEAT was at 562.6, down 0.05% from the previous candle (562.905). Market Energy was 13.8%, down 2.5 points from 16.3%, 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 562.6, down 0.05% from the previous 1H candle (562.905). This drop is larger than 14% of past drops on the 1H timeframe for WHEAT, across 3,412 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy fell 2.5 percentage points from the previous candle — from 16.3% to 13.8%. This drop is larger than 21% 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 16.3%, Neutral — this candle kept the same state, no zone change.
Where does WHEAT energy sit within the Neutral zone?
At 13.8%, WHEAT is 7.06 points from the upper boundary of Neutral (20.88%) and 34.7 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 Bull Bias with energy 36.7%; GER40 (European equities) in Neutral with energy 1.6%. Against this backdrop, WHEAT (Neutral, 13.8%) 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 Neutral with Market Energy 3.2%. WHEAT energy is currently above DXY by 10.6 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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