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Trend of Bull Bias SPX500 Index Weekly
▸When SPX500 Index is in Bull Bias:
- then SPX500 Index moved to higher Market State: 35 times — 59.3%
- then SPX500 Index moved to lower Market State: 24 times — 40.7%
▸Current SPX500 Index market energy: 36.15%
- Distance to upper bound of Bull Bias (at 60%): 23.85%
- Distance to lower bound of Bull Bias (at 20.88%): 15.27%
"Does history really repeat itself?" — 2AITRADING
The Bull Bias energy zone recorded from just-completed Weekly candle data for SPX500 Index.
Observing the SPX500 market this session, Compared to the previous candle (11.4%), Market Energy rose +24.8% to 36.1%.
Time in Bull Bias energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
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What state was SPX500 Index on Weekly when this candle closed?
When the Weekly candle at 07:00 on 20-04-2015 closed, SPX500 Index was in Bull Bias with Market Energy 36.1%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did SPX500 Index Market Energy change from the previous candle?
Market Energy rose 24.8 percentage points from the previous candle — from 11.4% to 36.1%.
What state was SPX500 Index in on the previous Weekly candle?
The previous Weekly candle had SPX500 Index at 11.4%, Neutral — when this candle closed, SPX500 Index moved up to a higher zone: Neutral → Bull Bias.
Where does SPX500 Index energy sit within the Bull Bias zone?
At 36.1%, SPX500 Index is 23.85 points from the upper boundary of Bull Bias (60%) and 15.27 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Bear Critical with energy -67.7%. Against this backdrop, SPX500 Index (Bull Bias, 36.1%) 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 Bear Critical with Market Energy -72.4%. SPX500 Index (Bull 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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