Analysis

HK50 Index 24,111.6 points ↓0.12%: Bears have the edge · 4H 04:00 Oct 17, 2026

·
Candle close
Price and energy
Open 24,141.7 · High 24,174.7 · Low 24,068.7 · Close 24,111.6 · Range (high − low) 106
HK50 Index closed at 24,111.6 points, down 28.6 (-0.12%) from 24,140.2.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -25.9% to Bear Bias at -43.5%, down 17.6 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price24,11724,19824,14024,112
Energy-16.1%-19.5%-25.9%-43.5%
Price change↓ 0.93%↑ 0.34%↓ 0.24%↓ 0.12%
Energy change↓ 93.0↓ 3.4↓ 6.5↓ 17.6
Volatility trend chart · last 4 sessions
↓ 0.93%↑ 0.34%↓ 0.24%↓ 0.12%↓ 93.0↓ 3.4↓ 6.5↓ 17.6
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.12% — higher than 29% of past drops
0%255075100%
Energy down 17.6 pts — higher than 62% of past drops
Knowledge

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

RESEARCH

Trend of Bear Bias HK50 Index 4H

Sample: 358 4H candles from 2026-07-22 to 2026-10-16
Number of Bear Bias occurrences: 32 times

▸When HK50 Index is in Bear Bias:

  • then HK50 Index moved to higher Market State: 17 times — 53.1%
  • then HK50 Index moved to lower Market State: 15 times — 46.9%

▸Current HK50 Index market energy: -43.51%

  • Distance to upper bound of Bear Bias (at -20.88%): 22.63%
  • Distance to lower bound of Bear Bias (at -60%): 16.49%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

HK50 · H4 · 2026-10-16 17:00 UTC
Preview the last 30 candles — price and energy
View live HK50 chart →
Market Energy
-25.9%
Bear Bias
-43.5%
Bear Bias
-31.1%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

From the just-closed 4H candle data, HK50 Index currently in trend energy leaning Bear.

Per the 2AI model, A -17.6% change from the previous candle, Market Energy is now -43.5% (previous: -25.9%).

Time in Bear Bias energy zone: 2 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 -83.3 to 80.2.

Frequently asked questions

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

When the 4H candle closed at 04:00 on 17-10-2026, HK50 Index was at 24,111.6, down 0.12% from the previous candle (24,140.2). Market Energy was -43.5%, down 17.6 points from -25.9%, 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 24,111.6, down 0.12% from the previous 4H candle (24,140.2). This drop is larger than 29% of past drops on the 4H timeframe for HK50, across 357 candles since 2019.

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

Market Energy fell 17.6 percentage points from the previous candle — from -25.9% to -43.5%. This drop is larger than 62% 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 -25.9%, Bear Bias — this candle kept the same state, no zone change.

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

At -43.5%, HK50 Index is 22.63 points from the upper boundary of Bear Bias (-20.88%) and 16.49 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 Extreme with energy -99%; GER40 (European equities) in Bear Extreme with energy -92.6%. Against this backdrop, HK50 Index (Bear Bias, -43.5%) has higher energy 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 Extreme with Market Energy 77.6%. 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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