Analysis

·

Candle close
Price and energy
SPX500 Index from 2,045.35 to 2,040.35 points, down 0.24%
Market Energy Bull Critical 66.4% to Bull Bias 57.5%, down 8.9 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.20%▼ 0.04%▲ 0.17%▼ 0.24%
Energy▲ 51.0▼ 1.7▼ 1.7▼ 8.9
Volatility trend chart · last 4 sessions
▲ 0.20%▼ 0.04%▲ 0.17%▼ 0.24%▲ 51.0▼ 1.7▼ 1.7▼ 8.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.24%: not enough data to rank
0%255075100%
Energy down 8.9 pts: not enough data to rank
RESEARCH

Trend of Bull Bias SPX500 Index 4H

Sample: 18,160 4H candles from 2014-12-31 to 2026-10-08
Number of Bull Bias occurrences: 1,482 times

▸When SPX500 Index is in Bull Bias:

  • then SPX500 Index moved to higher Market State: 728 times — 49.1%
  • then SPX500 Index moved to lower Market State: 754 times — 50.9%

▸Current SPX500 Index market energy: 57.51%

  • Distance to upper bound of Bull Bias (at 60%): 2.49%
  • Distance to lower bound of Bull Bias (at 20.88%): 36.63%

"Let data guide you, but never trust it completely" — 2AITRADING

SPX500 · H4 · 2016-03-28 09:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
66.4%
Bull Critical
57.5%
Bull Bias
37.6%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Right as the 4H candle closes, SPX500 Index classified as the energy state leaning Bull.

Market energy movement Market trend energy recorded a -8.9% drop from the previous candle, from 66.4% to 57.5%.

Time in Bull Bias energy zone: 1 4H 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 -89.1 to +69.8.

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 4H candle closed?

When the 4H candle at 16:00 on 28-03-2016 closed, SPX500 Index was at 2,040.35, down 0.24% from the previous candle (2,045.35). Market Energy was 57.5%, down 8.9 points from 66.4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did SPX500 price move on this 4H candle, and how large is that historically?

SPX500 closed at 2,040.35, down 0.24% from the previous 4H candle (2,045.35).

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

Market Energy fell 8.9 percentage points from the previous candle — from 66.4% to 57.5%.

Do SPX500 price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was SPX500 Index in on the previous 4H candle?

The previous 4H candle had SPX500 Index at 66.4%, Bull Critical — when this candle closed, SPX500 Index moved down to a lower zone: Bull Critical → Bull Bias.

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

At 57.5%, SPX500 Index is 2.49 points from the upper boundary of Bull Bias (60%) and 36.63 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull 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 Neutral with energy -0.2%. Against this backdrop, SPX500 Index (Bull Bias, 57.5%) 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 Neutral with Market Energy 14%. SPX500 Index energy is currently above DXY by 43.5 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 →

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