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| Price | ▼ 1.72% | ▲ 0.31% | ▲ 0.80% | ▲ 0.47% |
| Energy | ▼ 154.9 | ▲ 10.5 | ▲ 21.1 | ▲ 30.6 |
Trend of Bear Bias SPX500 Index Daily
▸When SPX500 Index is in Bear Bias:
- then SPX500 Index moved to higher Market State: 190 times — 64.8%
- then SPX500 Index moved to lower Market State: 103 times — 35.2%
▸Current SPX500 Index market energy: -33.06%
- Distance to upper bound of Bear Bias (at -20.88%): 12.18%
- Distance to lower bound of Bear Bias (at -60%): 26.94%
"Let data guide you, but never trust it completely" — 2AITRADING
Observing the completed Daily candle, SPX500 Index within the Bear Bias zone.
End-of-session energy readings on Daily, Market Energy reading rose +30.6%, moving from -63.6% to -33.1% after the Daily candle.
Time in Bear Bias energy zone: 1 Daily Candle
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.
Over the past 5 days, SPX500 Index Market Energy ranged from -95.3 to -33.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SPX500 Index price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 22-05-2017 closed, SPX500 Index was at 2,394.85, up 0.47% from the previous candle (2,383.55). Market Energy was -33.1%, up 30.6 points from -63.6%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did SPX500 price move on this Daily candle, and how large is that historically?
SPX500 closed at 2,394.85, up 0.47% from the previous Daily candle (2,383.55).
How did SPX500 Index Market Energy change from the previous candle?
Market Energy rose 30.6 percentage points from the previous candle — from -63.6% to -33.1%.
Do SPX500 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 SPX500 Index in on the previous Daily candle?
The previous Daily candle had SPX500 Index at -63.6%, Bear Critical — when this candle closed, SPX500 Index moved up to a higher zone: Bear Critical → Bear Bias.
Where does SPX500 Index energy sit within the Bear Bias zone?
At -33.1%, SPX500 Index is 12.18 points from the upper boundary of Bear Bias (-20.88%) and 26.94 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: GER40 (European equities) in Bull Bias with energy 31.1%. Against this backdrop, SPX500 Index (Bear Bias, -33.1%) lower than 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 Bear Extreme with Market Energy -93.3%. SPX500 Index (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for SPX500 Index.
Open Energy ChartSee the full 2AiTrading Model data for SPX500 on the SPX500 Index overview →
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