·
WHEAT is currently controlled by buyers, in the Bull Bias zone. Measured energy: +50.0%.
See the full 2AiTrading Model data for WHEAT on the WHEAT overview →
To jump to a symbol you're interested in, click .
UP–DOWN statistics for Bull Bias WHEAT 1H
▸When WHEAT is in Bull Bias:
- then WHEAT moved to higher Market State: 424 times — 41.7%
- then WHEAT moved to lower Market State: 594 times — 58.3%
▸Current WHEAT market energy: 50.01%
- Distance to upper bound of Bull Bias (at 60%): 9.99%
- Distance to lower bound of Bull Bias (at 20.88%): 29.13%
"Let data guide you, but never trust it completely" — 2AITRADING
Reading from the 1H candle, Market WHEAT in the energy level leaning Bull.
Market trend energy Market Energy reading rose +4%, moving from 46% to 50% after the 1H candle.
Time in Bull Bias energy zone: 2 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 -96.6 to +99.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was WHEAT on 1H when this candle closed?
When the 1H candle at 18:00 on 13-05-2024 closed, WHEAT was in Bull Bias with Market Energy 50%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did WHEAT Market Energy change from the previous candle?
Market Energy rose 4 percentage points from the previous candle — from 46% to 50%.
What state was WHEAT in on the previous 1H candle?
The previous 1H candle had WHEAT at 46%, Bull Bias — this candle kept the same state, no zone change.
Where does WHEAT energy sit within the Bull Bias zone?
At 50%, WHEAT is 9.99 points from the upper boundary of Bull Bias (60%) and 29.13 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull Bias 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 Bias 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 93.7%; GER40 (European equities) in Bear Extreme with energy -78.1%. Against this backdrop, WHEAT (Bull Bias, 50%) has higher energy than GER40; lower than 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 Bear Bias with Market Energy -42.9%. WHEAT (Bull Bias) and DXY currently sit on opposite sides.
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 .