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Trend of Neutral SPX500 Index 1H
▸When SPX500 Index is in Neutral:
- then SPX500 Index moved to higher Market State: 2,866 times — 53.7%
- then SPX500 Index moved to lower Market State: 2,475 times — 46.3%
▸Current SPX500 Index market energy: 13.85%
- Distance to upper bound of Neutral (at 20.88%): 7.03%
- Distance to lower bound of Neutral (at -20.88%): 34.73%
"A person's history reveals more than you might think" — 2AITRADING
With the 1H candle just closed, SPX500 within Neutral of Market Energy.
On the 2AiTrading energy system, Energy delta -65%: Market Energy at 13.8%, previously 78.9%.
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 -74 to +99.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was SPX500 Index on 1H when this candle closed?
When the 1H candle at 22:00 on 22-01-2024 closed, SPX500 Index was in Neutral with Market Energy 13.8%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did SPX500 Index Market Energy change from the previous candle?
Market Energy fell 65 percentage points from the previous candle — from 78.9% to 13.8%.
What state was SPX500 Index in on the previous 1H candle?
The previous 1H candle had SPX500 Index at 78.9%, Bull Extreme — when this candle closed, SPX500 Index moved down to a lower zone: Bull Extreme → Neutral.
Where does SPX500 Index energy sit within the Neutral zone?
At 13.8%, SPX500 Index is 7.03 points from the upper boundary of Neutral (20.88%) and 34.73 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 Extreme with energy 82.4%. Against this backdrop, SPX500 Index (Neutral, 13.8%) 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 18.8%. SPX500 Index energy is currently below DXY by 5 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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