Analysis

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Candle close
Price and energy
HK50 Index from 25,150.6 to 24,904.2 points, down 0.98%
Market Energy Bull Bias 39.7% to Bear Bias -50.7%, down 90.4 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.45%▲ 0.27%▼ 0.05%▼ 0.98%
Energy▼ 33.5▼ 1.4▲ 1.9▼ 90.4
Volatility trend chart · last 4 sessions
▼ 0.45%▲ 0.27%▼ 0.05%▼ 0.98%▼ 33.5▼ 1.4▲ 1.9▼ 90.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.98% — higher than 98% of past drops
0%255075100%
Energy down 90.4 pts — higher than 96% of past drops
RESEARCH

Trend of Bear Bias HK50 Index 4H

Sample: 265 4H candles from 2026-07-22 to 2026-09-24
Number of Bear Bias occurrences: 23 times

▸When HK50 Index is in Bear Bias:

  • then HK50 Index moved to higher Market State: 12 times — 52.2%
  • then HK50 Index moved to lower Market State: 11 times — 47.8%

▸Current HK50 Index market energy: -50.73%

  • Distance to upper bound of Bear Bias (at -20.88%): 29.85%
  • Distance to lower bound of Bear Bias (at -60%): 9.27%

"Why does archaeology matter?" — 2AITRADING

HK50 · H4 · 2026-09-23 01:00 UTC
Preview the last 30 candles — price and energy
View live HK50 chart →
Market Energy
39.7%
Bull Bias
-50.7%
Bear Bias
-96.2%
Bear Extreme
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

With the 4H candle just closed, HK50 Index recorded in the Bear Bias level.

Market energy measurement Market Energy at -50.7%, down -90.4% from 39.7% in the previous candle.

Time in Bear Bias energy zone: 1 4H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, HK50 Index Market Energy ranged from -50.7 to +99.2.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did HK50 Index price and energy show when this 4H candle closed?

When the 4H candle at 08:00 on 23-09-2026 closed, HK50 Index was at 24,904.2, down 0.98% from the previous candle (25,150.6). Market Energy was -50.7%, down 90.4 points from 39.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did HK50 price move on this 4H candle, and how large is that historically?

HK50 closed at 24,904.2, down 0.98% from the previous 4H candle (25,150.6). This drop is larger than 98% of past drops on the 4H timeframe for HK50, across 254 candles since 2019.

How did HK50 Index Market Energy change from the previous candle?

Market Energy fell 90.4 percentage points from the previous candle — from 39.7% to -50.7%. This drop is larger than 96% of past drops on the 4H timeframe for HK50.

Do HK50 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 HK50 Index in on the previous 4H candle?

The previous 4H candle had HK50 Index at 39.7%, Bull Bias — when this candle closed, HK50 Index moved down to a lower zone: Bull Bias → Bear Bias.

Where does HK50 Index energy sit within the Bear Bias zone?

At -50.7%, HK50 Index is 29.85 points from the upper boundary of Bear Bias (-20.88%) and 9.27 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Bear Bias with energy -33.4%; GER40 (European equities) in Bear Bias with energy -30.6%. Against this backdrop, HK50 Index (Bear Bias, -50.7%) sits in the same state zone as 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 Bull Bias with Market Energy 51.4%. HK50 Index (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for HK50 Index.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for HK50 on the HK50 Index overview →

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