Analysis

WHEAT 664.26 ↓0.67%: Bears in the peak-force zone · 4H 00:00 Oct 20, 2026

·
Candle close
Price and energy
Open 668.88 · High 669.13 · Low 662.26 · Close 664.26 · Range (high − low) 6.87
WHEAT closed at 664.26, down 4.5 (-0.67%) from 668.76.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -35.8% to Bear Extreme at -78.7%, down 42.9 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price672.51673.01668.76664.26
Energy-37.7%-24.6%-35.8%-78.7%
Price change↑ 0.65%↑ 0.07%↓ 0.63%↓ 0.67%
Energy change↑ 16.7↑ 13.1↓ 11.2↓ 42.9
Volatility trend chart · last 4 sessions
↑ 0.65%↑ 0.07%↓ 0.63%↓ 0.67%↑ 16.7↑ 13.1↓ 11.2↓ 42.9
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.67% — higher than 60% of past drops
0%255075100%
Energy down 42.9 pts — higher than 81% of past drops
Knowledge

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

RESEARCH

Trend of Bear Extreme WHEAT 4H

Sample: 253 4H candles from 2026-07-23 to 2026-10-21
Number of Bear Extreme occurrences: 17 times

▸When WHEAT is in Bear Extreme:

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

▸Current WHEAT market energy: -78.68%

  • Distance to upper bound of Bear Extreme (at -74.5%): 4.18%
  • Distance to bottom -100%: 21.32%

"Let data guide you, but never trust it completely" — 2AITRADING

WHEAT · H4 · 2026-10-19 13:00 UTC
Preview the last 30 candles — price and energy
View live WHEAT chart →
Market Energy
-35.8%
Bear Bias
-78.7%
Bear Extreme
-89.2%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

With the 4H candle just closed, WHEAT in the extreme Bear energy state.

Market energy movement A -42.9% change from the previous candle, Market Energy is now -78.7% (previous: -35.8%).

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 -78.7 to 71.9.

Frequently asked questions

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

When the 4H candle closed at 00:00 on 19-10-2026, WHEAT was at 664.26, down 0.67% from the previous candle (668.76). Market Energy was -78.7%, down 42.9 points from -35.8%, 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 664.26, down 0.67% from the previous 4H candle (668.76). This drop is larger than 60% of past drops on the 4H timeframe for WHEAT, across 246 candles since 2019.

How did WHEAT Market Energy change from the previous candle?

Market Energy fell 42.9 percentage points from the previous candle — from -35.8% to -78.7%. This drop is larger than 81% 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 -35.8%, Bear Bias — when this candle closed, WHEAT moved down to a lower zone: Bear Bias → Bear Extreme.

Where does WHEAT energy sit within the Bear Extreme zone?

At -78.7%, WHEAT is 4.18 points from the upper boundary of Bear Extreme (-74.5%) and 21.32 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 Bear Critical with energy -60.3%; GER40 (European equities) in Bear Extreme with energy -95%. Against this backdrop, WHEAT (Bear Extreme, -78.7%) 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 Neutral with Market Energy -1.2%. WHEAT energy is currently below DXY by 77.5 points.

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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