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Trend of Bull Bias WHEAT 1H
▸When WHEAT is in Bull Bias:
- then WHEAT moved to higher Market State: 425 times — 41.7%
- then WHEAT moved to lower Market State: 595 times — 58.3%
▸Current WHEAT market energy: 36.14%
- Distance to upper bound of Bull Bias (at 60%): 23.86%
- Distance to lower bound of Bull Bias (at 20.88%): 15.26%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
From the just-closed 1H candle data, WHEAT recorded in the Bull Bias zone.
On the 2AiTrading energy system, Market Energy reading rose +76.2%, moving from -40% to 36.1% after the 1H candle.
Time in Bull Bias 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 -65.1 to +100.
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 21:00 on 04-09-2024 closed, WHEAT was in Bull Bias with Market Energy 36.1%, 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 76.2 percentage points from the previous candle — from -40% to 36.1%.
What state was WHEAT in on the previous 1H candle?
The previous 1H candle had WHEAT at -40%, Bear Bias — when this candle closed, WHEAT moved up to a higher zone: Bear Bias → Bull Bias.
Where does WHEAT energy sit within the Bull Bias zone?
At 36.1%, WHEAT is 23.86 points from the upper boundary of Bull Bias (60%) and 15.26 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 94.6%; GER40 (European equities) in Bull Critical with energy 61.2%. Against this backdrop, WHEAT (Bull Bias, 36.1%) 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 Bear Extreme with Market Energy -98.7%. 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 →
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