Does Williams %R Agree on MES and MGC? (5-minute Charts)
Educational reference. Measured from recorded market data through September 23, 2026. Not a forecast.
Williams %R measures where the close sits inside the recent range. This page asks a narrower question than the price comparison: when Williams %R moves on Micro E-mini S&P 500, does it move the same way on Micro Gold?
| Bars where Williams %R moved on both | 8,649 |
|---|---|
| … and moved the same direction | 5,230 (60.5%) |
| Price correlation, same period | +0.401 |
Why this is not the same as the price question
Two markets can move together while their momentum, trend strength or volatility do not. A reading that agrees far less than price suggests is exactly where one market is losing steam while the other keeps going — and a reading that agrees more is tracking something shared that direction alone does not capture.
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Questions traders ask
Crypto 5 minute trend continuation On the 5 minute MES chart LiveCharts.AI predicts the next 30 candles, about 2 hours ahead, and redraws them as each 5 minute candle closes. Candlestick prediction →
Is there an AI that reads MES charts? Yes. LiveCharts.AI reads the live MES chart, draws where the price and the indicators are predicted to go next, and its AI chat explains what the chart is showing in plain language. AI chart analysis →
MES prediction next hours Today's and tomorrow's MES prediction is live in the LiveCharts.AI app; the record of past MES predictions compared with what happened is on the market page. Market prediction page →