Analysis

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WHEAT is currently leaning slightly toward buyers, energy +3.4%. This still sits in the Neutral zone — the probability of a clear trend is not yet defined.

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RESEARCH

UP–DOWN statistics for Neutral WHEAT 1H

Sample: 14,514 1H candles from 2023-07-26 to 2026-08-24
Number of Neutral occurrences: 1,066 times

When WHEAT is in Neutral:

  • then WHEAT moved to higher Market State: 503 times47.2%
  • then WHEAT moved to lower Market State: 563 times52.8%

Current WHEAT market energy: 3.37%

  • Distance to upper bound of Neutral (at 20.88%): 17.51%
  • Distance to lower bound of Neutral (at -20.88%): 24.25%

"Let data guide you, but never trust it completely" — 2AITRADING

WHEAT · H1 · 2024-05-21 09:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
29.7%
Bull Bias
3.4%
Neutral
22.4%
Bull Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Following the completion of the 1H candle, WHEAT reflects the Neutral energy level.

Market energy measurement Market trend energy recorded a -26.4% drop from the previous candle, from 29.7% to 3.4%.

Time in Neutral energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, WHEAT Market Energy ranged from -98.6 to +97.8.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What state was WHEAT on 1H when this candle closed?

When the 1H candle at 16:00 on 21-05-2024 closed, WHEAT was in Neutral with Market Energy 3.4%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How did WHEAT Market Energy change from the previous candle?

Market Energy fell 26.4 percentage points from the previous candle — from 29.7% to 3.4%.

What state was WHEAT in on the previous 1H candle?

The previous 1H candle had WHEAT at 29.7%, Bull Bias — when this candle closed, WHEAT moved down to a lower zone: Bull Bias → Neutral.

Where does WHEAT energy sit within the Neutral zone?

At 3.4%, WHEAT is 17.51 points from the upper boundary of Neutral (20.88%) and 24.25 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 Bear Bias with energy -57%; GER40 (European equities) in Bear Extreme with energy -97.9%. Against this backdrop, WHEAT (Neutral, 3.4%) 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 Bear Bias with Market Energy -52.4%. WHEAT energy is currently above DXY by 55.8 points.

Real-time Energy Chart

See the real-time energy chart for WHEAT.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. Method: see Guide.

See the full 2AiTrading Model data for WHEAT on the WHEAT overview →

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