Analysis

WHEAT 638.23 ↑0.31%: Bears in the peak-force zone · 4H 16:00 Oct 22, 2026

·
Candle close
Price and energy
Open 636.36 · High 638.98 · Low 635.48 · Close 638.23 · Range (high − low) 3.5
WHEAT closed at 638.23, up 2 (+0.31%) from 636.23.
Bull–Bear energy behind the price: the market moved from the Bear Extreme zone at -85.8% to Bear Extreme at -79.0%, up 6.9 points.
Price and energy are moving up together.
Price and energy · last 4 candles
Price639.51637.26636.23638.23
Energy-99.5%-89.3%-85.8%-79.0%
Price change↓ 1.24%↓ 0.35%↓ 0.16%↑ 0.31%
Energy change↑ 0.1↑ 10.2↑ 3.4↑ 6.9
Volatility trend chart · last 4 sessions
↓ 1.24%↓ 0.35%↓ 0.16%↑ 0.31%↑ 0.1↑ 10.2↑ 3.4↑ 6.9
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.31% — higher than 31% of past rises
0%255075100%
Energy up 6.9 pts — higher than 31% of past rises
Knowledge

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

RESEARCH

Trend of Bear Extreme WHEAT 4H

Sample: 257 4H candles from 2026-07-23 to 2026-10-22
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: -78.97%

  • Distance to upper bound of Bear Extreme (at -74.5%): 4.47%
  • Distance to bottom -100%: 21.03%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

WHEAT · H4 · 2026-10-22 05:00 UTC
Preview the last 30 candles — price and energy
View live WHEAT chart →
Market Energy
-85.8%
Bear Extreme
-79.0%
Bear Extreme
-77.3%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Following the completion of the 4H candle, WHEAT noted at the Bear Extreme level.

Market energy measurement Market Energy rose +6.9% this candle, currently -79% (previous candle -85.8%).

Time in Bear Extreme energy zone: 7 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 -99.6 to -16.

Frequently asked questions

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

When the 4H candle closed at 16:00 on 22-10-2026, WHEAT was at 638.23, up 0.31% from the previous candle (636.23). Market Energy was -79%, up 6.9 points from -85.8%, 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 638.23, up 0.31% from the previous 4H candle (636.23). This rise is larger than 31% of past rises on the 4H timeframe for WHEAT, across 256 candles since 2019.

How did WHEAT Market Energy change from the previous candle?

Market Energy rose 6.9 percentage points from the previous candle — from -85.8% to -79%. This rise is larger than 31% of past rises on the 4H timeframe for WHEAT.

Do WHEAT price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. 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 -85.8%, Bear Extreme — this candle kept the same state, no zone change.

Where does WHEAT energy sit within the Bear Extreme zone?

At -79%, WHEAT is 4.47 points from the upper boundary of Bear Extreme (-74.5%) and 21.03 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 Extreme with energy -83.7%; GER40 (European equities) in Bear Bias with energy -58.9%. Against this backdrop, WHEAT (Bear Extreme, -79%) lower 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 Bear Extreme with Market Energy -82.2%. 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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