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WHEAT is currently controlled by sellers, in the Bear Bias zone. Measured energy: -34.8%.
See the full 2AiTrading Model data for WHEAT on the WHEAT overview →
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UP–DOWN statistics for Bear Bias WHEAT Weekly
▸When WHEAT is in Bear Bias:
- then WHEAT moved to higher Market State: 44 times — 58.7%
- then WHEAT moved to lower Market State: 31 times — 41.3%
▸Current WHEAT market energy: -34.79%
- Distance to upper bound of Bear Bias (at -20.88%): 13.91%
- Distance to lower bound of Bear Bias (at -60%): 25.21%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
WHEAT processing result: the Bear Bias energy zone after the Weekly candle closed.
Per the 2AI model, Market Energy rose +2.9% from the previous candle, from -37.7% to -34.8%.
Time in Bear Bias energy zone: 4 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 07-06-2021 closed, WHEAT was in Bear Bias with Market Energy -34.8%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did WHEAT Market Energy change from the previous candle?
Market Energy rose 2.9 percentage points from the previous candle — from -37.7% to -34.8%.
What state was WHEAT in on the previous Weekly candle?
The previous Weekly candle had WHEAT at -37.7%, Bear Bias — this candle kept the same state, no zone change.
Where does WHEAT energy sit within the Bear Bias zone?
At -34.8%, WHEAT is 13.91 points from the upper boundary of Bear Bias (-20.88%) and 25.21 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 Neutral with energy 6.8%; GER40 (European equities) in Neutral with energy -16.8%. Against this backdrop, WHEAT (Bear Bias, -34.8%) 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 Extreme with Market Energy -84.6%. WHEAT (Bear Bias) and DXY currently sit on the same Bear 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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