Analysis

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Candle open
Price and energy
SPX500 Index from 5,263.65 to 5,155.8 points, down 2.05%
Market Energy Neutral -8.8% to Bear Bias -22.0%, down 13.2 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 2.29%▲ 0.54%▼ 0.70%▼ 2.05%
Energy▼ 14.1▼ 1.2▼ 4.6▼ 13.2
Volatility trend chart · last 4 sessions
▼ 2.29%▲ 0.54%▼ 0.70%▼ 2.05%▼ 14.1▼ 1.2▼ 4.6▼ 13.2
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 2.05% — higher than 92% of past drops
0%255075100%
Energy down 13.2 pts — higher than 53% of past drops
RESEARCH

Trend of Bear Bias SPX500 Index Daily

Sample: 4,132 Daily candles from 2013-01-03 to 2026-10-07
Number of Bear Bias occurrences: 293 times

▸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: -22.02%

  • Distance to upper bound of Bear Bias (at -20.88%): 1.14%
  • Distance to lower bound of Bear Bias (at -60%): 37.98%

"To truly understand anything, study its history" — 2AITRADING

SPX500 · D1 · 2025-04-21 00:00 UTC
Preview the last 30 candles — price and energy
View live SPX500 chart →
Market Energy
-8.8%
Neutral
-22.0%
Bear Bias
-13.1%
Neutral
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Following the completion of the Daily candle, SPX500 recorded in trend energy leaning Bear.

The energy side shows Market trend energy recorded a -17.8% drop from the previous candle, from -4.2% to -22%.

Time in Bear Bias energy zone: 1 Daily 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, SPX500 Index Market Energy ranged from -22 to -3.

Knowledge

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

Frequently asked questions

What did SPX500 Index price and energy show when this Daily candle closed?

When the Daily candle at 07:00 on 21-04-2025 closed, SPX500 Index was at 5,155.8, down 2.05% from the previous candle (5,263.65). Market Energy was -22%, down 13.2 points from -8.8%, 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 5,155.8, down 2.05% from the previous Daily candle (5,263.65). This drop is larger than 92% of past drops on the Daily timeframe for SPX500, across 1,960 candles since 2019.

How did SPX500 Index Market Energy change from the previous candle?

Market Energy fell 13.2 percentage points from the previous candle — from -8.8% to -22%. This drop is larger than 53% of past drops on the Daily timeframe for SPX500.

Do SPX500 price and energy agree?

Yes. Both price and energy moved down on this candle. 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 -8.8%, Neutral — when this candle closed, SPX500 Index moved down to a lower zone: Neutral → Bear Bias.

Where does SPX500 Index energy sit within the Bear Bias zone?

At -22%, SPX500 Index is 1.14 points from the upper boundary of Bear Bias (-20.88%) and 37.98 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 -72.6%. Against this backdrop, SPX500 Index (Bear Bias, -22%) 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 Extreme with Market Energy -97.5%. SPX500 Index (Bear Bias) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for SPX500 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 SPX500 on the SPX500 Index overview →

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