Analysis

·

Candle close
Price and energy
WHEAT from 542.1 to 540.905, down 0.22%
Market Energy Neutral 19.4% to Bear Bias -26.0%, down 45.4 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.09%▲ 0.18%▲ 0.07%▼ 0.22%
Energy▼ 6.5▲ 10.3▲ 13.6▼ 45.4
Volatility trend chart · last 4 sessions
▼ 0.09%▲ 0.18%▲ 0.07%▼ 0.22%▼ 6.5▲ 10.3▲ 13.6▼ 45.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.22% — higher than 54% of past drops
0%255075100%
Energy down 45.4 pts — higher than 89% of past drops
RESEARCH

Trend of Bear Bias WHEAT 1H

Sample: 15,126 1H candles from 2023-07-26 to 2026-10-08
Number of Bear Bias occurrences: 1,176 times

▸When WHEAT is in Bear Bias:

  • then WHEAT moved to higher Market State: 658 times — 56%
  • then WHEAT moved to lower Market State: 518 times — 44%

▸Current WHEAT market energy: -26.01%

  • Distance to upper bound of Bear Bias (at -20.88%): 5.13%
  • Distance to lower bound of Bear Bias (at -60%): 33.99%

"Does history really repeat itself?" — 2AITRADING

WHEAT · H1 · 2024-12-24 08:00 UTC
Preview the last 30 candles — price and energy
View live WHEAT chart →
Market Energy
19.4%
Neutral
-26.0%
Bear Bias
46.4%
Bull Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Observing the completed 1H candle, WHEAT currently in the Bear Bias zone.

Market trend update: A -45.4% change from the previous candle, Market Energy is now -26% (previous: 19.4%).

Time in Bear Bias 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 -99.6 to +91.6.

Knowledge

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

Frequently asked questions

What did WHEAT price and energy show when this 1H candle closed?

When the 1H candle at 15:00 on 24-12-2024 closed, WHEAT was at 540.905, down 0.22% from the previous candle (542.1). Market Energy was -26%, down 45.4 points from 19.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did WHEAT price move on this 1H candle, and how large is that historically?

WHEAT closed at 540.905, down 0.22% from the previous 1H candle (542.1). This drop is larger than 54% of past drops on the 1H timeframe for WHEAT, across 6,691 candles since 2019.

How did WHEAT Market Energy change from the previous candle?

Market Energy fell 45.4 percentage points from the previous candle — from 19.4% to -26%. This drop is larger than 89% of past drops on the 1H timeframe for WHEAT.

Do WHEAT price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

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

The previous 1H candle had WHEAT at 19.4%, Neutral — when this candle closed, WHEAT moved down to a lower zone: Neutral → Bear Bias.

Where does WHEAT energy sit within the Bear Bias zone?

At -26%, WHEAT is 5.13 points from the upper boundary of Bear Bias (-20.88%) and 33.99 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.

What does Bear Bias mean?

Bear 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 Bear 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 Bias with energy 53.4%; GER40 (European equities) in Bull Bias with energy 29.3%. Against this backdrop, WHEAT (Bear Bias, -26%) 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 Neutral with Market Energy 19.1%. WHEAT energy is currently below DXY by 45.1 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. See methodology →

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

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