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Trend of Neutral SPX500 Index Weekly
▸When SPX500 Index is in Neutral:
- then SPX500 Index moved to higher Market State: 35 times — 66%
- then SPX500 Index moved to lower Market State: 18 times — 34%
▸Current SPX500 Index market energy: 8.74%
- Distance to upper bound of Neutral (at 20.88%): 12.14%
- Distance to lower bound of Neutral (at -20.88%): 29.62%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
The balanced Market Energy state is the result just recorded for SPX500 after the Weekly candle closed.
End-of-session energy readings on Weekly, Market Energy at 8.7%, up +68.3% from -59.5% in the previous candle.
Time in Neutral 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 06-11-2023 closed, SPX500 Index was in Neutral with Market Energy 8.7%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did SPX500 Index Market Energy change from the previous candle?
Market Energy rose 68.3 percentage points from the previous candle — from -59.5% to 8.7%.
What state was SPX500 Index in on the previous Weekly candle?
The previous Weekly candle had SPX500 Index at -59.5%, Bear Bias — when this candle closed, SPX500 Index moved up to a higher zone: Bear Bias → Neutral.
Where does SPX500 Index energy sit within the Neutral zone?
At 8.7%, SPX500 Index is 12.14 points from the upper boundary of Neutral (20.88%) and 29.62 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 7.1%. Against this backdrop, SPX500 Index (Neutral, 8.7%) 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 Bear Extreme with Market Energy -77%. SPX500 Index energy is currently above DXY by 85.8 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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