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Trend of Neutral SPX500 Index Daily
▸When SPX500 Index is in Neutral:
- then SPX500 Index moved to higher Market State: 203 times — 58%
- then SPX500 Index moved to lower Market State: 147 times — 42%
▸Current SPX500 Index market energy: 18.71%
- Distance to upper bound of Neutral (at 20.88%): 2.17%
- Distance to lower bound of Neutral (at -20.88%): 39.59%
"Let data guide you, but never trust it completely" — 2AITRADING
The system just recorded SPX500 Index in Neutral after the Daily candle closed.
Market trend on the 2AiTrading energy system Market Energy reading rose +98.4%, moving from -79.7% to 18.7% after the Daily candle.
Time in Neutral 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 -100 to +18.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was SPX500 Index on Daily when this candle closed?
When the Daily candle at 07:00 on 04-06-2019 closed, SPX500 Index was in Neutral with Market Energy 18.7%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did SPX500 Index Market Energy change from the previous candle?
Market Energy rose 98.4 percentage points from the previous candle — from -79.7% to 18.7%.
What state was SPX500 Index in on the previous Daily candle?
The previous Daily candle had SPX500 Index at -79.7%, Bear Extreme — when this candle closed, SPX500 Index moved up to a higher zone: Bear Extreme → Neutral.
Where does SPX500 Index energy sit within the Neutral zone?
At 18.7%, SPX500 Index is 2.17 points from the upper boundary of Neutral (20.88%) and 39.59 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 30.8%. Against this backdrop, SPX500 Index (Neutral, 18.7%) 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 -89.8%. SPX500 Index energy is currently above DXY by 108.5 points.
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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