Analysis

·

Candle close
Price and energy
NAS100 Index from 18,648.3 to 18,555.1 points, down 0.50%
Market Energy Bull Extreme 74.7% to Bear Bias -31.4%, down 106.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.02%▼ 0.13%▲ 0.21%▼ 0.50%
Energy▼ 1.3▼ 6.2▼ 17.8▼ 106.1
Volatility trend chart · last 4 sessions
▼ 0.02%▼ 0.13%▲ 0.21%▼ 0.50%▼ 1.3▼ 6.2▼ 17.8▼ 106.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.50% — higher than 75% of past drops
0%255075100%
Energy down 106.1 pts — higher than 97% of past drops
RESEARCH

Trend of Bear Bias NAS100 Index 4H

Sample: 18,162 4H candles from 2014-12-31 to 2026-10-09
Number of Bear Bias occurrences: 1,168 times

▸When NAS100 Index is in Bear Bias:

  • then NAS100 Index moved to higher Market State: 741 times — 63.4%
  • then NAS100 Index moved to lower Market State: 427 times — 36.6%

▸Current NAS100 Index market energy: -31.43%

  • Distance to upper bound of Bear Bias (at -20.88%): 10.55%
  • Distance to lower bound of Bear Bias (at -60%): 28.57%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

NAS100 · H4 · 2024-05-16 17:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
74.7%
Bull Extreme
-31.4%
Bear Bias
-47.5%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Right as the 4H candle closes, NAS100 within Bear Bias.

Per the 2AiTrading energy measurement system, Market Energy reading dropped -106.1%, moving from 74.7% to -31.4% after the 4H candle.

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, NAS100 Index Market Energy ranged from -31.4 to +99.9.

Knowledge

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

Frequently asked questions

What did NAS100 Index price and energy show when this 4H candle closed?

When the 4H candle at 00:00 on 17-05-2024 closed, NAS100 Index was at 18,555.1, down 0.5% from the previous candle (18,648.3). Market Energy was -31.4%, down 106.1 points from 74.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did NAS100 price move on this 4H candle, and how large is that historically?

NAS100 closed at 18,555.1, down 0.5% from the previous 4H candle (18,648.3). This drop is larger than 75% of past drops on the 4H timeframe for NAS100, across 8,300 candles since 2019.

How did NAS100 Index Market Energy change from the previous candle?

Market Energy fell 106.1 percentage points from the previous candle — from 74.7% to -31.4%. This drop is larger than 97% of past drops on the 4H timeframe for NAS100.

Do NAS100 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 NAS100 Index in on the previous 4H candle?

The previous 4H candle had NAS100 Index at 74.7%, Bull Extreme — when this candle closed, NAS100 Index moved down to a lower zone: Bull Extreme → Bear Bias.

Where does NAS100 Index energy sit within the Bear Bias zone?

At -31.4%, NAS100 Index is 10.55 points from the upper boundary of Bear Bias (-20.88%) and 28.57 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Bull Bias with energy 29%; GER40 (European equities) in Bear Extreme with energy -83.6%. Against this backdrop, NAS100 Index (Bear Bias, -31.4%) has higher energy than GER40; lower than 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 Neutral with Market Energy 17.1%. NAS100 Index energy is currently below DXY by 48.5 points.

Real-time Energy Chart

See the real-time energy chart for NAS100 Index.

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 NAS100 on the NAS100 Index overview →

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