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| Price | ▼ 10.01% | ▲ 5.77% | ▼ 11.66% | ▼ 2.29% |
| Energy | ▼ 4.2 | ▲ 5.8 | ▲ 4.2 | ▼ 3.8 |
Trend of Bear Extreme WHEAT Weekly
▸When WHEAT is in Bear Extreme:
- then WHEAT moved to higher Market State: 28 times — 100%
- then WHEAT moved to lower Market State: 0 times — 0%
▸Current WHEAT market energy: -93.69%
- Distance to upper bound of Bear Extreme (at -74.5%): 19.19%
- Distance to bottom -100%: 6.31%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
As the Weekly candle completes, WHEAT classified as the Bear Extreme state.
Market trend energy A -3.8% change from the previous candle, Market Energy is now -93.7% (previous: -89.9%).
Time in Bear Extreme energy zone: 5 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 18-07-2022 closed, WHEAT was at 759, down 2.29% from the previous candle (776.75). Market Energy was -93.7%, down 3.8 points from -89.9%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did WHEAT price move on this Weekly candle, and how large is that historically?
WHEAT closed at 759, down 2.29% from the previous Weekly candle (776.75). This drop is larger than 49% of past drops on the Weekly timeframe for WHEAT, across 185 candles since 2019.
How did WHEAT Market Energy change from the previous candle?
Market Energy fell 3.8 percentage points from the previous candle — from -89.9% to -93.7%. This drop is larger than 10% 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 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 -89.9%, Bear Extreme — this candle kept the same state, no zone change.
Where does WHEAT energy sit within the Bear Extreme zone?
At -93.7%, WHEAT is 19.19 points from the upper boundary of Bear Extreme (-74.5%) and 6.31 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.
What does Bear Extreme mean?
Bear Extreme 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 Extreme 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 Critical with energy 62.4%; GER40 (European equities) in Bull Critical with energy 60.4%. Against this backdrop, WHEAT (Bear Extreme, -93.7%) 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 Bias with Market Energy -56.3%. WHEAT (Bear Extreme) 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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