Analysis

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Candle close
Price and energy
HK50 Index from 24,313.5 to 23,930.3 points, down 1.58%
Market Energy Bear Bias -46.7% to Bear Extreme -83.8%, down 37.1 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.28%▲ 0.12%▼ 0.08%▼ 1.58%
Energy▼ 2.2▲ 0.7▼ 0.7▼ 37.1
Volatility trend chart · last 4 sessions
▼ 0.28%▲ 0.12%▼ 0.08%▼ 1.58%▼ 2.2▲ 0.7▼ 0.7▼ 37.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.58% — higher than 99% of past drops
0%255075100%
Energy down 37.1 pts — higher than 84% of past drops
RESEARCH

Trend of Bear Extreme HK50 Index 4H

Sample: 292 4H candles from 2026-07-22 to 2026-10-01
Number of Bear Extreme occurrences: 16 times

▸When HK50 Index is in Bear Extreme:

  • then HK50 Index moved to higher Market State: 16 times — 100%
  • then HK50 Index moved to lower Market State: 0 times — 0%

▸Current HK50 Index market energy: -83.77%

  • Distance to upper bound of Bear Extreme (at -74.5%): 9.27%
  • Distance to bottom -100%: 16.23%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

HK50 · H4 · 2026-10-02 01:00 UTC
Preview the last 30 candles — price and energy
View live HK50 chart →
Market Energy
-46.7%
Bear Bias
-83.8%
Bear Extreme
Expected at
16:10
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Reading from the 4H candle, Result for HK50 Index: the peak Bear energy zone.

Market movement just recorded on the 4H timeframe, Market Energy dropped -37.1% from the previous session, from -46.7% to -83.8%.

Time in Bear Extreme 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 -92.4 to +42.5.

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 02-10-2026 closed, HK50 Index was at 23,930.3, down 1.58% from the previous candle (24,313.5). Market Energy was -83.8%, down 37.1 points from -46.7%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

HK50 closed at 23,930.3, down 1.58% from the previous 4H candle (24,313.5). This drop is larger than 99% of past drops on the 4H timeframe for HK50, across 295 candles since 2019.

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

Market Energy fell 37.1 percentage points from the previous candle — from -46.7% to -83.8%. This drop is larger than 84% of past drops on the 4H timeframe for HK50.

Do HK50 price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

What state was HK50 Index in on the previous 4H candle?

The previous 4H candle had HK50 Index at -46.7%, Bear Bias — when this candle closed, HK50 Index moved down to a lower zone: Bear Bias → Bear Extreme.

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

At -83.8%, HK50 Index is 9.27 points from the upper boundary of Bear Extreme (-74.5%) and 16.23 points from the lower boundary (-100%) — so energy sits closer to the upper 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 Bias with energy 22.6%; GER40 (European equities) in Bear Critical with energy -63.4%. Against this backdrop, HK50 Index (Bear Extreme, -83.8%) 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 Bull Critical with Market Energy 70.8%. HK50 Index (Bear Extreme) 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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