Analysis

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Candle close
Price and energy
SPX500 Index from 4,541.3 to 4,546.2 points, up 0.11%
Market Energy Bull Bias 48.3% to Bull Bias 55.3%, up 7.0 pts
Up candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.06%▲ 0.17%▲ 0.13%▲ 0.11%
Energy▼ 0.3▲ 11.7▲ 0.2▲ 7.0
Volatility trend chart · last 4 sessions
▲ 0.06%▲ 0.17%▲ 0.13%▲ 0.11%▼ 0.3▲ 11.7▲ 0.2▲ 7.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.11% — higher than 33% of past rises
0%255075100%
Energy up 7.0 pts — higher than 36% of past rises
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: 55.29%

  • Distance to upper bound of Bull Bias (at 60%): 4.71%
  • Distance to lower bound of Bull Bias (at 20.88%): 34.41%

"A person's history reveals more than you might think" — 2AITRADING

SPX500 · H4 · 2021-10-21 21:00 UTC
Preview the last 30 candles — price and energy
View live SPX500 chart →
Market Energy
48.3%
Bull Bias
55.3%
Bull Bias
57.9%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

SPX500 classified into the Bull Bias zone after the 4H candle completed.

On the energy side, The energy level rose +7%: from 48.3% now at 55.3%.

Time in Bull Bias energy zone: 5 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 -21.7 to +95.

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 04:00 on 22-10-2021 closed, SPX500 Index was at 4,546.2, up 0.11% from the previous candle (4,541.3). Market Energy was 55.3%, up 7.0 points from 48.3%, 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 4,546.2, up 0.11% from the previous 4H candle (4,541.3). This rise is larger than 33% of past rises on the 4H timeframe for SPX500, across 4,334 candles since 2019.

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

Market Energy rose 7 percentage points from the previous candle — from 48.3% to 55.3%. This rise is larger than 36% of past rises on the 4H timeframe for SPX500.

Do SPX500 price and energy agree?

Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.

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

The previous 4H candle had SPX500 Index at 48.3%, Bull Bias — this candle kept the same state, no zone change.

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

At 55.3%, SPX500 Index is 4.71 points from the upper boundary of Bull Bias (60%) and 34.41 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 Bull Bias with energy 52.2%. Against this backdrop, SPX500 Index (Bull Bias, 55.3%) sits in the same state zone as 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 11.4%. SPX500 Index energy is currently above DXY by 43.8 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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