Analysis

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Candle close
Price and energy
SPX500 Index from 2,381.85 to 2,378.75 points, down 0.13%
Market Energy Bear Bias -49.3% to Bear Critical -71.3%, down 22.0 pts
Down candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.12%▼ 0.35%▼ 0.18%▼ 0.13%
Energy▼ 0.7▼ 67.9▼ 63.3▼ 22.0
Volatility trend chart · last 4 sessions
▲ 0.12%▼ 0.35%▼ 0.18%▼ 0.13%▼ 0.7▼ 67.9▼ 63.3▼ 22.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.13%: not enough data to rank
0%255075100%
Energy down 22.0 pts: not enough data to rank
RESEARCH

Trend of Bear Critical SPX500 Index 4H

Sample: 18,149 4H candles from 2014-12-31 to 2026-10-06
Number of Bear Critical occurrences: 821 times

▸When SPX500 Index is in Bear Critical:

  • then SPX500 Index moved to higher Market State: 580 times — 70.6%
  • then SPX500 Index moved to lower Market State: 241 times — 29.4%

▸Current SPX500 Index market energy: -71.32%

  • Distance to upper bound of Bear Critical (at -60%): 11.32%
  • Distance to lower bound of Bear Critical (at -74.5%): 3.18%

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

SPX500 · H4 · 2017-03-02 22:00 UTC
Preview the last 30 candles — price and energy
View live SPX500 chart →
Market Energy
-49.3%
Bear Bias
-71.3%
Bear Critical
-76.9%
Bear Extreme
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Right as the 4H candle closes, SPX500 Index reflects the near-extreme Bear energy zone.

Per the 2AiTrading energy measurement system, The energy level dropped -22%: from -49.3% now at -71.3%.

Time in Bear Critical 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 -71.3 to +97.6.

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 05:00 on 03-03-2017 closed, SPX500 Index was at 2,378.75, down 0.13% from the previous candle (2,381.85). Market Energy was -71.3%, down 22.0 points from -49.3%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

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

SPX500 closed at 2,378.75, down 0.13% from the previous 4H candle (2,381.85).

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

Market Energy fell 22 percentage points from the previous candle — from -49.3% to -71.3%.

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 -49.3%, Bear Bias — when this candle closed, SPX500 Index moved down to a lower zone: Bear Bias → Bear Critical.

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

At -71.3%, SPX500 Index is 11.32 points from the upper boundary of Bear Critical (-60%) and 3.18 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear Critical 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 Critical 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 Bias with energy -43.3%. Against this backdrop, SPX500 Index (Bear Critical, -71.3%) 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 Bull Extreme with Market Energy 91.4%. SPX500 Index (Bear Critical) and DXY currently sit on opposite sides.

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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