Analysis

WHEAT 635.98 ↑0.14%: Bears have the edge · 4H 00:00 Oct 23, 2026

·
Candle close
Price and energy
Open 635.98 · High 639.73 · Low 630.23 · Close 635.98 · Range (high − low) 9.5
WHEAT closed at 635.98, up 0.87 (+0.14%) from 635.11.
Bull–Bear energy behind the price: the market moved from the Bear Extreme zone at -77.3% to Bear Bias at -59.8%, up 17.5 points.
Price and energy are moving up together.
Price and energy · last 4 candles
Price636.23638.23635.11635.98
Energy-85.8%-79.0%-77.3%-59.8%
Price change↓ 0.16%↑ 0.31%↓ 0.49%↑ 0.14%
Energy change↑ 3.4↑ 6.9↑ 1.7↑ 17.5
Volatility trend chart · last 4 sessions
↓ 0.16%↑ 0.31%↓ 0.49%↑ 0.14%↑ 3.4↑ 6.9↑ 1.7↑ 17.5
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.14% — higher than 15% of past rises
0%255075100%
Energy up 17.5 pts — higher than 67% of past rises
Knowledge

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

RESEARCH

Trend of Bear Bias WHEAT 4H

Sample: 255 4H candles from 2026-07-23 to 2026-10-21
Number of Bear Bias occurrences: 21 times

▸When WHEAT is in Bear Bias:

  • then WHEAT moved to higher Market State: 13 times — 61.9%
  • then WHEAT moved to lower Market State: 8 times — 38.1%

▸Current WHEAT market energy: -59.8%

  • Distance to upper bound of Bear Bias (at -20.88%): 38.92%
  • Distance to lower bound of Bear Bias (at -60%): 0.2%

"Why does archaeology matter?" — 2AITRADING

WHEAT · H4 · 2026-10-22 13:00 UTC
Preview the last 30 candles — price and energy
View live WHEAT chart →
Market Energy
-77.3%
Bear Extreme
-59.8%
Bear Bias
Expected at
04:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

From the just-closed 4H candle data, WHEAT in Bear Bias.

End-of-session update for 4H, Compared to the previous candle (-77.3%), Market Energy rose +17.5% to -59.8%.

Time in Bear 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 -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 00:00 on 22-10-2026, WHEAT was at 635.98, up 0.14% from the previous candle (635.11). Market Energy was -59.8%, up 17.5 points from -77.3%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

WHEAT closed at 635.98, up 0.14% from the previous 4H candle (635.11). This rise is larger than 15% of past rises on the 4H timeframe for WHEAT, across 258 candles since 2019.

How did WHEAT Market Energy change from the previous candle?

Market Energy rose 17.5 percentage points from the previous candle — from -77.3% to -59.8%. This rise is larger than 67% 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 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 -77.3%, Bear Extreme — when this candle closed, WHEAT moved up to a higher zone: Bear Extreme → Bear Bias.

Where does WHEAT energy sit within the Bear Bias zone?

At -59.8%, WHEAT is 38.92 points from the upper boundary of Bear Bias (-20.88%) and 0.2 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 Neutral with energy 20.4%; GER40 (European equities) in Bull Extreme with energy 83.2%. Against this backdrop, WHEAT (Bear Bias, -59.8%) 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 Bull Extreme with Market Energy 90.4%. WHEAT (Bear Bias) and DXY currently sit on opposite sides.

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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