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| Price | ▲ 0.50% | ▼ 0.19% | ▲ 0.16% | ▼ 0.55% |
| Energy | ▲ 4.2 | ▼ 15.2 | ▼ 1.6 | ▼ 110.9 |
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: -38.66%
- Distance to upper bound of Bear Bias (at -20.88%): 17.78%
- Distance to lower bound of Bear Bias (at -60%): 21.34%
"Let data guide you, but never trust it completely" — 2AITRADING
From the just-closed Daily candle data, SPX500 Index within the Bear Bias state.
Looking at the Market Energy reading, Compared to the previous candle (73.9%), Market Energy dropped -112.6% to -38.7%.
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 -38.7 to +89.2.
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 30-12-2019 closed, SPX500 Index was at 3,223.6, down 0.55% from the previous candle (3,241.4). Market Energy was -38.7%, down 110.9 points from 72.3%, 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 3,223.6, down 0.55% from the previous Daily candle (3,241.4). This drop is larger than 67% of past drops on the Daily timeframe for SPX500, across 310 candles since 2019.
How did SPX500 Index Market Energy change from the previous candle?
Market Energy fell 110.9 percentage points from the previous candle — from 72.3% to -38.7%. This drop is larger than 98% of past drops on the Daily timeframe for SPX500.
Do SPX500 price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was SPX500 Index in on the previous Daily candle?
The previous Daily candle had SPX500 Index at 72.3%, Bull Critical — when this candle closed, SPX500 Index moved down to a lower zone: Bull Critical → Bear Bias.
Where does SPX500 Index energy sit within the Bear Bias zone?
At -38.7%, SPX500 Index is 17.78 points from the upper boundary of Bear Bias (-20.88%) and 21.34 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 Bear Critical with energy -62.3%. Against this backdrop, SPX500 Index (Bear Bias, -38.7%) has higher energy 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 Critical with Market Energy -72.3%. 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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