Analysis

·

Candle close
Price and energy
SPX500 Index from 3,931 to 3,920.6 points, down 0.26%
Market Energy Bull Bias 39.6% to Neutral 14.6%, down 25.0 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.30%▼ 0.14%▲ 0.24%▼ 0.26%
Energy▲ 67.5▼ 0.8▲ 50.5▼ 25.0
Volatility trend chart · last 4 sessions
▲ 0.30%▼ 0.14%▲ 0.24%▼ 0.26%▲ 67.5▼ 0.8▲ 50.5▼ 25.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.26% — higher than 82% of past drops
0%255075100%
Energy down 25.0 pts — higher than 76% of past drops
RESEARCH

Trend of Neutral SPX500 Index 1H

Sample: 70,040 1H candles from 2015-01-01 to 2026-10-02
Number of Neutral occurrences: 5,388 times

▸When SPX500 Index is in Neutral:

  • then SPX500 Index moved to higher Market State: 2,892 times — 53.7%
  • then SPX500 Index moved to lower Market State: 2,496 times — 46.3%

▸Current SPX500 Index market energy: 14.58%

  • Distance to upper bound of Neutral (at 20.88%): 6.3%
  • Distance to lower bound of Neutral (at -20.88%): 35.46%

"Does history really repeat itself?" — 2AITRADING

SPX500 · H1 · 2021-03-12 15:00 UTC
Preview the last 30 candles — price and energy
View live SPX500 chart →
Market Energy
39.6%
Bull Bias
14.6%
Neutral
19.1%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

SPX500 recorded in Neutral as the 1H candle ended.

Market movement after the 1H candle closes, Market trend energy recorded a -25% drop from the previous candle, from 39.6% to 14.6%.

Time in Neutral energy zone: 1 1H 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 -97.7 to +100.

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 1H candle closed?

When the 1H candle at 22:00 on 12-03-2021 closed, SPX500 Index was at 3,920.6, down 0.26% from the previous candle (3,931). Market Energy was 14.6%, down 25.0 points from 39.6%, 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 3,920.6, down 0.26% from the previous 1H candle (3,931). This drop is larger than 82% of past drops on the 1H timeframe for SPX500, across 12,970 candles since 2019.

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

Market Energy fell 25 percentage points from the previous candle — from 39.6% to 14.6%. This drop is larger than 76% of past drops on the 1H timeframe for SPX500.

Do SPX500 price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. 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 39.6%, 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 14.6%, SPX500 Index is 6.3 points from the upper boundary of Neutral (20.88%) and 35.46 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 Neutral with energy 7.4%. Against this backdrop, SPX500 Index (Neutral, 14.6%) sits in the same state zone as 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 Bias with Market Energy -35.9%. SPX500 Index energy is currently above DXY by 50.4 points.

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 →

To jump to a symbol you're interested in, click .