L40 W: Energy Zone Transition Trends
Candle open
- Study type
- Historical statistics
- Question answered
- Direction of market moves
- Principle
- Once a candle closes, its data is locked and never changes, so it can be observed over time
- Candles studied
- 237 L40 W candles
- Period
- 2021-02-01 – 2026-10-12 (5.7 years)
- Result
- 7-zone table below ↓
Concepts referenced in this study. Tap to explore each in the Knowledge Hub.
L40 — Bear Extreme — W
Occurrences: 10 times
Then moved up to a higher zone: 10 times — 100%
Then moved down to a lower zone: 0 times — 0%
L40 — Bear Critical — W
Occurrences: 11 times
Then moved up to a higher zone: 8 times — 72.7%
Then moved down to a lower zone: 3 times — 27.3%
L40 — Bear Bias — W
Occurrences: 17 times
Then moved up to a higher zone: 9 times — 52.9%
Then moved down to a lower zone: 8 times — 47.1%
L40 — Neutral — W
◉ CURRENT CANDLEOccurrences: 15 times
Then moved up to a higher zone: 7 times — 46.7%
Then moved down to a lower zone: 8 times — 53.3%
Distance to upper bound of Neutral (at 20.88%): 25.92 points
Distance to lower bound of Neutral (at -20.88%): 15.84 points
L40 — Bull Bias — W
Occurrences: 13 times
Then moved up to a higher zone: 4 times — 30.8%
Then moved down to a lower zone: 9 times — 69.2%
L40 — Bull Critical — W
Occurrences: 10 times
Then moved up to a higher zone: 3 times — 30%
Then moved down to a lower zone: 7 times — 70%
L40 — Bull Extreme — W
Occurrences: 12 times
Then moved up to a higher zone: 0 times — 0%
Then moved down to a lower zone: 12 times — 100%
What is the trend of L40?
Historically, when L40 was in the Neutral zone, the market moved up to a higher zone 46.7% of the time and down to a lower zone 53.3% of the time (across 15 observations).
Where is the market within its current zone?
The Neutral zone spans -20.88% to 20.88%. The market is at -5.04%, 25.92 points from the upper bound and 15.84 points from the lower bound — closer to the lower bound of the zone.
How are these statistics calculated?
Each closed candle carries an energy state. A transition is counted when the next candle carries a DIFFERENT state; moving up means a higher-energy zone, moving down a lower one. Percentages are frequencies observed across the full sample.
Where does the data come from and how many candles?
The sample contains 237 candles from 2021-02-01 to 2026-10-12, computed with 2AiTrading's proprietary Market Energy model. Data is captured at candle close and locked immutable over time to keep the statistics stable.
Are these numbers a prediction?
No. These are historical frequencies describing L40's past behavior — not future probabilities and not buy/sell advice. Investors should combine them with their own trading method and do full research before applying.
What are the 7 market energy states?
Market Energy measures the market on a -100% to +100% scale, split into 7 zones from Bear Extreme to Bull Extreme; every closed candle belongs to exactly one zone.
See all 7 Market States →To jump to a symbol you're interested in, click .