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Trend of Neutral WHEAT Weekly
▸When WHEAT is in Neutral:
- then WHEAT moved to higher Market State: 38 times — 46.9%
- then WHEAT moved to lower Market State: 43 times — 53.1%
▸Current WHEAT market energy: 7.35%
- Distance to upper bound of Neutral (at 20.88%): 13.53%
- Distance to lower bound of Neutral (at -20.88%): 28.23%
"Let data guide you, but never trust it completely" — 2AITRADING
Following the completion of the Weekly candle, WHEAT reflects the neutral energy zone.
Looking at the energy level, Market Energy dropped -18.4% from the previous session, from 25.8% to 7.3%.
Time in Neutral energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
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What state was WHEAT on Weekly when this candle closed?
When the Weekly candle at 07:00 on 04-04-2016 closed, WHEAT was in Neutral with Market Energy 7.3%, 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 18.4 percentage points from the previous candle — from 25.8% to 7.3%.
What state was WHEAT in on the previous Weekly candle?
The previous Weekly candle had WHEAT at 25.8%, 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 7.3%, WHEAT is 13.53 points from the upper boundary of Neutral (20.88%) and 28.23 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 Bull Extreme with energy 80.8%; GER40 (European equities) in Bull Bias with energy 36.8%. Against this backdrop, WHEAT (Neutral, 7.3%) 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 Bear Critical with Market Energy -74.1%. WHEAT energy is currently above DXY by 81.5 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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