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| Price | ▲ 3.57% | ▲ 4.77% | ▼ 2.72% | ▼ 0.34% |
| Energy | ▲ 24.5 | ▲ 31.2 | ▼ 12.4 | ▼ 10.1 |
Trend of Bull Critical WHEAT Weekly
▸When WHEAT is in Bull Critical:
- then WHEAT moved to higher Market State: 12 times — 30%
- then WHEAT moved to lower Market State: 28 times — 70%
▸Current WHEAT market energy: 72.98%
- Distance to upper bound of Bull Critical (at 74.5%): 1.52%
- Distance to lower bound of Bull Critical (at 60%): 12.98%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Following the completion of the Weekly candle, WHEAT currently in the Bull Critical state.
On the 2AiTrading energy system, Market trend energy recorded a -10.1% drop from the previous candle, from 83.1% to 73%.
Time in Bull Critical 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.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did WHEAT price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 28-10-2019 closed, WHEAT was at 516, down 0.34% from the previous candle (517.75). Market Energy was 73%, down 10.1 points from 83.1%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did WHEAT price move on this Weekly candle, and how large is that historically?
WHEAT closed at 516, down 0.34% from the previous Weekly candle (517.75). This drop is larger than 11% of past drops on the Weekly timeframe for WHEAT, across 43 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy fell 10.1 percentage points from the previous candle — from 83.1% to 73%. This drop is larger than 38% of past drops on the Weekly timeframe for WHEAT.
Do WHEAT price and energy agree?
Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was WHEAT in on the previous Weekly candle?
The previous Weekly candle had WHEAT at 83.1%, Bull Extreme — when this candle closed, WHEAT moved down to a lower zone: Bull Extreme → Bull Critical.
Where does WHEAT energy sit within the Bull Critical zone?
At 73%, WHEAT is 1.52 points from the upper boundary of Bull Critical (74.5%) and 12.98 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull 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 Bull 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 75.9%; GER40 (European equities) in Bull Critical with energy 73.5%. Against this backdrop, WHEAT (Bull Critical, 73%) lower than SPX500; sits in the same state zone as 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 Extreme with Market Energy 80.3%. WHEAT (Bull Critical) and DXY currently sit on the same Bull side.
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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