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| Price | ▲ 0.14% | ▼ 1.49% | ▲ 0.24% | ▼ 1.99% |
| Energy | ▼ 11.9 | ▼ 66.9 | ▼ 17.9 | ▼ 55.7 |
Trend of Bear Critical SPX500 Index Daily
▸When SPX500 Index is in Bear Critical:
- then SPX500 Index moved to higher Market State: 106 times — 65.8%
- then SPX500 Index moved to lower Market State: 55 times — 34.2%
▸Current SPX500 Index market energy: -66.82%
- Distance to upper bound of Bear Critical (at -60%): 6.82%
- Distance to lower bound of Bear Critical (at -74.5%): 7.68%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
With the Daily candle just closed, Market SPX500 in the near-extreme Bear energy level.
On the 2AiTrading energy system, Market Energy reading dropped -55.7%, moving from -11.1% to -66.8% after the Daily candle.
Time in Bear Critical 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 -66.8 to +85.6.
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 09-03-2023 closed, SPX500 Index was at 3,916.5, down 1.99% from the previous candle (3,996.1). Market Energy was -66.8%, down 55.7 points from -11.1%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How much did SPX500 price move on this Daily candle, and how large is that historically?
SPX500 closed at 3,916.5, down 1.99% from the previous Daily candle (3,996.1). This drop is larger than 89% of past drops on the Daily timeframe for SPX500, across 1,301 candles since 2019.
How did SPX500 Index Market Energy change from the previous candle?
Market Energy fell 55.7 percentage points from the previous candle — from -11.1% to -66.8%. This drop is larger than 92% 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 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 -11.1%, Neutral — when this candle closed, SPX500 Index moved down to a lower zone: Neutral → Bear Critical.
Where does SPX500 Index energy sit within the Bear Critical zone?
At -66.8%, SPX500 Index is 6.82 points from the upper boundary of Bear Critical (-60%) and 7.68 points from the lower boundary (-74.5%) — so energy sits closer to the upper boundary at candle close.
What does Bear Critical mean?
Bear Critical 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 Critical 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 54.6%. Against this backdrop, SPX500 Index (Bear Critical, -66.8%) 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 Neutral with Market Energy 6.4%. SPX500 Index energy is currently below DXY by 73.2 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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