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| Price | ▲ 0.51% | ▼ 0.49% | ▼ 0.07% | ▲ 0.24% |
| Energy | ▲ 27.1 | ▼ 8.0 | ▼ 5.4 | ▲ 8.6 |
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: -11.45%
- Distance to upper bound of Neutral (at 20.88%): 32.33%
- Distance to lower bound of Neutral (at -20.88%): 9.43%
"To truly understand anything, study its history" — 2AITRADING
As the 1H candle completes, Market Energy of WHEAT indicates the Neutral energy state.
The energy side shows The energy level rose +8.6%: from -20% now at -11.4%.
Time in Neutral energy zone: 4 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 -99.8 to +87.
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 02:00 on 05-11-2024 closed, WHEAT was at 583.905, up 0.24% from the previous candle (582.5). Market Energy was -11.4%, up 8.6 points from -20%, 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 583.905, up 0.24% from the previous 1H candle (582.5). This rise is larger than 57% of past rises on the 1H timeframe for WHEAT, across 6,051 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy rose 8.6 percentage points from the previous candle — from -20% to -11.4%. This rise is larger than 48% of past rises on the 1H timeframe for WHEAT.
Do WHEAT price and energy agree?
Yes. On this candle price rose and energy rose — 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 -20%, Neutral — this candle kept the same state, no zone change.
Where does WHEAT energy sit within the Neutral zone?
At -11.4%, WHEAT is 32.33 points from the upper boundary of Neutral (20.88%) and 9.43 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 -23.3%; GER40 (European equities) in Bear Critical with energy -60.3%. Against this backdrop, WHEAT (Neutral, -11.4%) 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 Bull Bias with Market Energy 51%. WHEAT energy is currently below DXY by 62.5 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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