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| Price | ▲ 0.05% | ▼ 0.01% | ▼ 0.12% | ▼ 0.02% |
| Energy | ▼ 2.2 | ▼ 2.5 | ▼ 33.4 | ▼ 33.4 |
Trend of Neutral SPX500 Index 1H
▸When SPX500 Index is in Neutral:
- then SPX500 Index moved to higher Market State: 2,894 times — 53.7%
- then SPX500 Index moved to lower Market State: 2,498 times — 46.3%
▸Current SPX500 Index market energy: 5.75%
- Distance to upper bound of Neutral (at 20.88%): 15.13%
- Distance to lower bound of Neutral (at -20.88%): 26.63%
"Let data guide you, but never trust it completely" — 2AITRADING
After the system processes the 1H candle, SPX500 within the balanced Market Energy state.
Market energy measurement A -33.4% change from the previous candle, Market Energy is now 5.8% (previous: 39.1%).
Time in Neutral energy zone: 1 1H 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 -83.5 to +99.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SPX500 Index price and energy show when this 1H candle closed?
When the 1H candle at 09:00 on 27-08-2020 closed, SPX500 Index was at 3,475.1, down 0.02% from the previous candle (3,475.8). Market Energy was 5.8%, down 33.4 points from 39.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did SPX500 price move on this 1H candle, and how large is that historically?
SPX500 closed at 3,475.1, down 0.02% from the previous 1H candle (3,475.8). This drop is larger than 13% of past drops on the 1H timeframe for SPX500, across 9,779 candles since 2019.
How did SPX500 Index Market Energy change from the previous candle?
Market Energy fell 33.4 percentage points from the previous candle — from 39.1% to 5.8%. This drop is larger than 82% of past drops on the 1H 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 1H candle?
The previous 1H candle had SPX500 Index at 39.1%, Bull Bias — when this candle closed, SPX500 Index moved down to a lower zone: Bull Bias → Neutral.
Where does SPX500 Index energy sit within the Neutral zone?
At 5.8%, SPX500 Index is 15.13 points from the upper boundary of Neutral (20.88%) and 26.63 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 24.8%. Against this backdrop, SPX500 Index (Neutral, 5.8%) 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 -12.6%. SPX500 Index energy is currently above DXY by 18.4 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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