Analysis

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Price and energy
WHEAT from 735.04 to 730.29, down 0.65%
Market Energy Bull Critical 63.5% to Bull Bias 38.0%, down 25.5 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price1.66%1.21%0.17%0.65%
Energy30.282.42.325.5
Volatility trend chart · last 4 sessions
1.66% 1.21% 0.17% 0.65% 30.2 82.4 2.3 25.5
priceenergy up · down
Volatility · vs history since 2019
Price down 0.65% — higher than 52% of past drops
0%255075100%
Energy down 25.5 pts — higher than 74% of past drops
RESEARCH

Trend of Bull Bias WHEAT 4H

Sample: 152 4H candles from 2026-07-23 to 2026-09-16
Number of Bull Bias occurrences: 12 times

When WHEAT is in Bull Bias:

  • then WHEAT moved to higher Market State: 5 times41.7%
  • then WHEAT moved to lower Market State: 7 times58.3%

Current WHEAT market energy: 38.02%

  • Distance to upper bound of Bull Bias (at 60%): 21.98%
  • Distance to lower bound of Bull Bias (at 20.88%): 17.14%

"Why does archaeology matter?" — 2AITRADING

WHEAT · H4 · 2026-09-16 09:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
63.5%
Bull Critical
38.0%
Bull Bias
Expected at
00:10
Zone
20.88 – 60
Bias
Buyers in control
Explanation

As the 4H candle completes, WHEAT classified as the energy state leaning Bull.

Market energy movement Market Energy dropped -25.5% from the previous session, from 63.5% to 38%.

Time in Bull 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, WHEAT Market Energy ranged from -68.3 to +63.5.

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 16:00 on 16-09-2026 closed, WHEAT was at 730.29, down 0.65% from the previous candle (735.04). Market Energy was 38%, down 25.5 points from 63.5%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

WHEAT closed at 730.29, down 0.65% from the previous 4H candle (735.04). This drop is larger than 52% of past drops on the 4H timeframe for WHEAT, across 153 candles since 2019.

How did WHEAT Market Energy change from the previous candle?

Market Energy fell 25.5 percentage points from the previous candle — from 63.5% to 38%. This drop is larger than 74% of past drops on the 4H timeframe for WHEAT.

Do WHEAT 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 WHEAT in on the previous 4H candle?

The previous 4H candle had WHEAT at 63.5%, Bull Critical — when this candle closed, WHEAT moved down to a lower zone: Bull Critical → Bull Bias.

Where does WHEAT energy sit within the Bull Bias zone?

At 38%, WHEAT is 21.98 points from the upper boundary of Bull Bias (60%) and 17.14 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull 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 Bull Bias with energy 43.3%; GER40 (European equities) in Neutral with energy -9.3%. Against this backdrop, WHEAT (Bull Bias, 38%) has higher energy than GER40; sits in the same state zone as SPX500.

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 73.5%. WHEAT (Bull Bias) and DXY currently sit on the same Bull 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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