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SPX500 Index reflects the broader market, currently controlled by buyers, in the Bull Bias zone. Measured energy: +29.8%.
See the full 2AiTrading Model data for SPX500 on the SPX500 Index overview →
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UP–DOWN statistics for 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: 29.77%
- Distance to upper bound of Bull Bias (at 60%): 30.23%
- Distance to lower bound of Bull Bias (at 20.88%): 8.89%
"Let data guide you, but never trust it completely" — 2AITRADING
Observing the completed Weekly candle, SPX500 classified as the Bull Bias energy level.
Market trend on the 2AiTrading energy system Market trend energy recorded a +34.2% rise from the previous candle, from -4.4% to 29.8%.
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 01-02-2021 closed, SPX500 Index was in Bull Bias with Market Energy 29.8%, 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 34.2 percentage points from the previous candle — from -4.4% to 29.8%.
What state was SPX500 Index in on the previous Weekly candle?
The previous Weekly candle had SPX500 Index at -4.4%, 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 29.8%, SPX500 Index is 30.23 points from the upper boundary of Bull Bias (60%) and 8.89 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 Bias with energy -26.4%. Against this backdrop, SPX500 Index (Bull Bias, 29.8%) 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 Neutral with Market Energy 8.3%. SPX500 Index energy is currently above DXY by 21.4 points.
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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