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SPX500 Index reflects the broader market, currently controlled by sellers, in the Bear Bias zone. Measured energy: -49.0%.
See the full 2AiTrading Model data for SPX500 on the SPX500 Index overview →
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UP–DOWN statistics for Bear Bias SPX500 Index 4H
▸When SPX500 Index is in Bear Bias:
- then SPX500 Index moved to higher Market State: 809 times — 64.1%
- then SPX500 Index moved to lower Market State: 453 times — 35.9%
▸Current SPX500 Index market energy: -49.01%
- Distance to upper bound of Bear Bias (at -20.88%): 28.13%
- Distance to lower bound of Bear Bias (at -60%): 10.99%
"Does history really repeat itself?" — 2AITRADING
As the 4H candle closes, SPX500 in the Bear Bias energy state.
Per the 2AiTrading energy measurement system, Market Energy at -49%, up +24.2% from -73.2% in the previous candle.
Time in Bear Bias energy zone: 1 4H 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 -88.3 to +97.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was SPX500 Index on 4H when this candle closed?
When the 4H candle at 16:00 on 02-06-2021 closed, SPX500 Index was in Bear Bias with Market Energy -49%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did SPX500 Index Market Energy change from the previous candle?
Market Energy rose 24.2 percentage points from the previous candle — from -73.2% to -49%.
What state was SPX500 Index in on the previous 4H candle?
The previous 4H candle had SPX500 Index at -73.2%, Bear Critical — when this candle closed, SPX500 Index moved up to a higher zone: Bear Critical → Bear Bias.
Where does SPX500 Index energy sit within the Bear Bias zone?
At -49%, SPX500 Index is 28.13 points from the upper boundary of Bear Bias (-20.88%) and 10.99 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 0.4%. Against this backdrop, SPX500 Index (Bear Bias, -49%) 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 85.4%. SPX500 Index (Bear Bias) and DXY currently sit on opposite sides.
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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