·
| Price | ▲ 0.31% | ▲ 0.14% | ▼ 0.40% | ▲ 0.10% |
| Energy | ▲ 13.9 | ▲ 16.1 | ▼ 12.9 | ▼ 0.4 |
Trend of Bear Critical WHEAT 1H
▸When WHEAT is in Bear Critical:
- then WHEAT moved to higher Market State: 501 times — 63.3%
- then WHEAT moved to lower Market State: 291 times — 36.7%
▸Current WHEAT market energy: -60.33%
- Distance to upper bound of Bear Critical (at -60%): 0.33%
- Distance to lower bound of Bear Critical (at -74.5%): 14.17%
"To truly understand anything, study its history" — 2AITRADING
The Bear Critical energy zone recorded from just-completed 1H candle data for WHEAT.
Per the 2AiTrading energy measurement system, Energy delta -0.4%: Market Energy at -60.3%, previously -59.9%.
Time in Bear Critical 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 -99.8 to +99.3.
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 15:00 on 06-11-2024 closed, WHEAT was at 579.2, up 0.1% from the previous candle (578.6). Market Energy was -60.3%, down 0.4 points from -59.9%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How much did WHEAT price move on this 1H candle, and how large is that historically?
WHEAT closed at 579.2, up 0.1% from the previous 1H candle (578.6). This rise is larger than 28% of past rises on the 1H timeframe for WHEAT, across 6,078 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy fell 0.4 percentage points from the previous candle — from -59.9% to -60.3%. This drop is larger than 4% of past drops on the 1H timeframe for WHEAT.
Do WHEAT price and energy agree?
No. On this candle price rose but energy fell — the two moved in opposite directions. 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 -59.9%, Bear Bias — when this candle closed, WHEAT moved down to a lower zone: Bear Bias → Bear Critical.
Where does WHEAT energy sit within the Bear Critical zone?
At -60.3%, WHEAT is 0.33 points from the upper boundary of Bear Critical (-60%) and 14.17 points from the lower boundary (-74.5%) — so energy sits closer to the upper boundary at candle close.
What does Bear Critical mean?
Bear Critical is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Critical 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%; GER40 (European equities) in Bull Extreme with energy 90.3%. Against this backdrop, WHEAT (Bear Critical, -60.3%) 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 Bull Critical with Market Energy 61.1%. WHEAT (Bear Critical) 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 .