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| Price | ▲ 0.13% | ▼ 0.66% | ▲ 2.78% | ▲ 1.73% |
| Energy | ▼ 0.3 | ▼ 8.9 | ▲ 5.4 | ▲ 6.8 |
Trend of Bull Extreme SPX500 Index Weekly
▸When SPX500 Index is in Bull Extreme:
- then SPX500 Index moved to higher Market State: 0 times — 0%
- then SPX500 Index moved to lower Market State: 41 times — 100%
▸Current SPX500 Index market energy: 99.59%
- Distance to peak 100%: 0.41%
- Distance to lower bound of Bull Extreme (at 74.5%): 25.09%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Observing the completed Weekly candle, SPX500 Index in the Bull Extreme measurement.
On the measurement side, Market Energy rose +6.8% from the previous candle, from 92.8% to 99.6%.
Time in Bull Extreme energy zone: 8 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.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SPX500 Index price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 08-01-2018 closed, SPX500 Index was at 2,787.45, up 1.73% from the previous candle (2,740.15). Market Energy was 99.6%, up 6.8 points from 92.8%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did SPX500 price move on this Weekly candle, and how large is that historically?
SPX500 closed at 2,787.45, up 1.73% from the previous Weekly candle (2,740.15).
How did SPX500 Index Market Energy change from the previous candle?
Market Energy rose 6.8 percentage points from the previous candle — from 92.8% to 99.6%.
Do SPX500 price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. This describes the candle that just closed; it does not say where price goes next.
What state was SPX500 Index in on the previous Weekly candle?
The previous Weekly candle had SPX500 Index at 92.8%, Bull Extreme — this candle kept the same state, no zone change.
Where does SPX500 Index energy sit within the Bull Extreme zone?
At 99.6%, SPX500 Index is 0.41 points from the upper boundary of Bull Extreme (100%) and 25.09 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.
What does Bull Extreme mean?
Bull Extreme 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 Extreme 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 69.5%. Against this backdrop, SPX500 Index (Bull Extreme, 99.6%) 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 Extreme with Market Energy -82.2%. SPX500 Index (Bull Extreme) 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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