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| Price | ▲ 7.73% | ▼ 5.35% | ▲ 5.33% | ▲ 3.58% |
| Energy | ▲ 36.0 | ▼ 16.2 | ▼ 2.2 | ▲ 12.5 |
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: 64.52%
- Distance to upper bound of Bull Critical (at 74.5%): 9.98%
- Distance to lower bound of Bull Critical (at 60%): 4.52%
"Does history really repeat itself?" — 2AITRADING
As the Weekly candle closes, WHEAT in the near-extreme Bull energy level.
On the measurement side, Market Energy rose +12.5% from the previous candle, from 52.1% to 64.5%.
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 05-10-2020 closed, WHEAT was at 593.75, up 3.58% from the previous candle (573.25). Market Energy was 64.5%, up 12.5 points from 52.1%, 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 593.75, up 3.58% from the previous Weekly candle (573.25). This rise is larger than 71% of past rises on the Weekly timeframe for WHEAT, across 92 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy rose 12.5 percentage points from the previous candle — from 52.1% to 64.5%. This rise is larger than 50% of past rises on the Weekly timeframe for WHEAT.
Do WHEAT price and energy agree?
Yes. Both price and energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was WHEAT in on the previous Weekly candle?
The previous Weekly candle had WHEAT at 52.1%, Bull Bias — when this candle closed, WHEAT moved up to a higher zone: Bull Bias → Bull Critical.
Where does WHEAT energy sit within the Bull Critical zone?
At 64.5%, WHEAT is 9.98 points from the upper boundary of Bull Critical (74.5%) and 4.52 points from the lower boundary (60%) — so energy sits closer to the lower 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 Bias with energy 58.9%; GER40 (European equities) in Bull Extreme with energy 79.5%. Against this backdrop, WHEAT (Bull Critical, 64.5%) has higher energy than SPX500; lower than 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 -8.3%. WHEAT energy is currently above DXY by 72.8 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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