Analysis

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Candle close
Price and energy
HK50 Index from 23,906.1 to 23,699.6 points, down 0.86%
Market Energy Bear Critical -63.0% to Bear Extreme -87.5%, down 24.6 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.03%▲ 0.07%▼ 0.19%▼ 0.86%
Energy▲ 4.8▲ 6.2▲ 18.2▼ 24.6
Volatility trend chart · last 4 sessions
▲ 0.03%▲ 0.07%▼ 0.19%▼ 0.86%▲ 4.8▲ 6.2▲ 18.2▼ 24.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.86% — higher than 94% of past drops
0%255075100%
Energy down 24.6 pts — higher than 75% of past drops
RESEARCH

Trend of Bear Extreme HK50 Index 4H

Sample: 318 4H candles from 2026-07-22 to 2026-10-07
Number of Bear Extreme occurrences: 17 times

▸When HK50 Index is in Bear Extreme:

  • then HK50 Index moved to higher Market State: 17 times — 100%
  • then HK50 Index moved to lower Market State: 0 times — 0%

▸Current HK50 Index market energy: -87.54%

  • Distance to upper bound of Bear Extreme (at -74.5%): 13.04%
  • Distance to bottom -100%: 12.46%

"Why does archaeology matter?" — 2AITRADING

HK50 · H4 · 2026-10-08 05:00 UTC
Preview the last 30 candles — price and energy
View live HK50 chart →
Market Energy
-63.0%
Bear Critical
-87.5%
Bear Extreme
Expected at
20:10
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

After the 4H candle closes, HK50 Index in the extreme Bear energy zone.

Market energy movement Market Energy dropped -24.6% this candle, currently -87.5% (previous candle -63%).

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 -92.2 to +97.4.

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 12:00 on 08-10-2026 closed, HK50 Index was at 23,699.6, down 0.86% from the previous candle (23,906.1). Market Energy was -87.5%, down 24.6 points from -63%, 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 23,699.6, down 0.86% from the previous 4H candle (23,906.1). This drop is larger than 94% of past drops on the 4H timeframe for HK50, across 319 candles since 2019.

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

Market Energy fell 24.6 percentage points from the previous candle — from -63% to -87.5%. This drop is larger than 75% of past drops on the 4H timeframe for HK50.

Do HK50 price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. 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 -63%, Bear Critical — when this candle closed, HK50 Index moved down to a lower zone: Bear Critical → Bear Extreme.

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

At -87.5%, HK50 Index is 13.04 points from the upper boundary of Bear Extreme (-74.5%) and 12.46 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 Bear Critical with energy -65.7%; GER40 (European equities) in Bear Extreme with energy -87.8%. Against this backdrop, HK50 Index (Bear Extreme, -87.5%) lower than SPX500; sits in the same state zone as 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 24.3%. 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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