Analysis

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Candle close
Price and energy
SPX500 Index from 2,713.8 to 2,721 points, up 0.27%
Market Energy Bear Bias -43.2% to Neutral 19.5%, up 62.7 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.10%▼ 0.03%▲ 0.22%▲ 0.27%
Energy▲ 6.1▲ 3.6▲ 12.7▲ 62.7
Volatility trend chart · last 4 sessions
▲ 0.10%▼ 0.03%▲ 0.22%▲ 0.27%▲ 6.1▲ 3.6▲ 12.7▲ 62.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.27%: not enough data to rank
0%255075100%
Energy up 62.7 pts: not enough data to rank
RESEARCH

Trend of Neutral SPX500 Index 4H

Sample: 18,160 4H candles from 2014-12-31 to 2026-10-08
Number of Neutral occurrences: 1,329 times

▸When SPX500 Index is in Neutral:

  • then SPX500 Index moved to higher Market State: 751 times — 56.5%
  • then SPX500 Index moved to lower Market State: 578 times — 43.5%

▸Current SPX500 Index market energy: 19.54%

  • Distance to upper bound of Neutral (at 20.88%): 1.34%
  • Distance to lower bound of Neutral (at -20.88%): 40.42%

"Does history really repeat itself?" — 2AITRADING

SPX500 · H4 · 2018-06-01 09:00 UTC
Preview the last 30 candles — price and energy
View live SPX500 chart →
Market Energy
-43.2%
Bear Bias
19.5%
Neutral
94.2%
Bull Extreme
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

The neutral energy level between Bull and Bear is the result just recorded for SPX500 Index after the 4H candle closed.

Per the 2AI model, Market Energy moved from -43.2% to 19.5%, up +62.7% from the previous candle.

Time in Neutral 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 to +75.3.

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 01-06-2018 closed, SPX500 Index was at 2,721, up 0.27% from the previous candle (2,713.8). Market Energy was 19.5%, up 62.7 points from -43.2%, 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 4H candle, and how large is that historically?

SPX500 closed at 2,721, up 0.27% from the previous 4H candle (2,713.8).

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

Market Energy rose 62.7 percentage points from the previous candle — from -43.2% to 19.5%.

Do SPX500 price and energy agree?

Yes. This candle recorded price moving up 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 -43.2%, Bear Bias — when this candle closed, SPX500 Index moved up to a higher zone: Bear Bias → Neutral.

Where does SPX500 Index energy sit within the Neutral zone?

At 19.5%, SPX500 Index is 1.34 points from the upper boundary of Neutral (20.88%) and 40.42 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 Critical with energy 71.9%. Against this backdrop, SPX500 Index (Neutral, 19.5%) 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 Bias with Market Energy 29.6%. SPX500 Index energy is currently below DXY by 10 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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