Analysis

·

Candle close
Price and energy
WHEAT from 678.15 to 666.21, down 1.76%
Market Energy Neutral 0.8% to Bear Extreme -86.5%, down 87.3 pts
Down candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 2.87%▼ 0.40%▼ 1.35%▼ 1.76%
Energy▲ 97.5▲ 2.9▼ 63.5▼ 87.3
Volatility trend chart · last 4 sessions
▲ 2.87%▼ 0.40%▼ 1.35%▼ 1.76%▲ 97.5▲ 2.9▼ 63.5▼ 87.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.76%: not enough data to rank
0%255075100%
Energy down 87.3 pts: not enough data to rank
RESEARCH

Trend of Bear Extreme WHEAT 4H

Sample: 218 4H candles from 2026-07-23 to 2026-10-08
Number of Bear Extreme occurrences: 13 times

▸When WHEAT is in Bear Extreme:

  • then WHEAT moved to higher Market State: 13 times — 100%
  • then WHEAT moved to lower Market State: 0 times — 0%

▸Current WHEAT market energy: -86.52%

  • Distance to upper bound of Bear Extreme (at -74.5%): 12.02%
  • Distance to bottom -100%: 13.48%

"A person's history reveals more than you might think" — 2AITRADING

WHEAT · H4 · 2026-07-31 01:00 UTC
Preview the last 30 candles — price and energy
View live WHEAT chart →
Market Energy
0.8%
Neutral
-86.5%
Bear Extreme
-73.4%
Bear Critical
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

WHEAT classified into Bear Extreme after the 4H candle completed.

Market trend update: A -87.3% change from the previous candle, Market Energy is now -86.5% (previous: 0.8%).

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, WHEAT Market Energy ranged from -86.5 to +64.3.

Knowledge

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

Frequently asked questions

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

When the 4H candle at 08:00 on 31-07-2026 closed, WHEAT was at 666.21, down 1.76% from the previous candle (678.15). Market Energy was -86.5%, down 87.3 points from 0.8%, 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 4H candle, and how large is that historically?

WHEAT closed at 666.21, down 1.76% from the previous 4H candle (678.15).

How did WHEAT Market Energy change from the previous candle?

Market Energy fell 87.3 percentage points from the previous candle — from 0.8% to -86.5%.

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 4H candle?

The previous 4H candle had WHEAT at 0.8%, Neutral — when this candle closed, WHEAT moved down to a lower zone: Neutral → Bear Extreme.

Where does WHEAT energy sit within the Bear Extreme zone?

At -86.5%, WHEAT is 12.02 points from the upper boundary of Bear Extreme (-74.5%) and 13.48 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 Extreme with energy 84.4%; GER40 (European equities) in Neutral with energy 18.8%. Against this backdrop, WHEAT (Bear Extreme, -86.5%) 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 Critical with Market Energy -60.3%. WHEAT (Bear Extreme) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for WHEAT.

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 WHEAT on the WHEAT overview →

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WHEAT 4H — Bear Extreme -86.5%, falling · 2026-07-31