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| Price | ▼ 0.02% | ▲ 2.14% | ▲ 0.35% | ▼ 0.81% |
| Energy | ▼ 13.0 | ▲ 8.2 | ▲ 8.0 | ▼ 16.0 |
Trend of Bull Critical SPX500 Index Weekly
▸When SPX500 Index is in Bull Critical:
- then SPX500 Index moved to higher Market State: 30 times — 51.7%
- then SPX500 Index moved to lower Market State: 28 times — 48.3%
▸Current SPX500 Index market energy: 69.76%
- Distance to upper bound of Bull Critical (at 74.5%): 4.74%
- Distance to lower bound of Bull Critical (at 60%): 9.76%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Bull Critical is the result just recorded for SPX500 after the Weekly candle closed.
Per the 2AiTrading energy measurement system, Market Energy at 69.8%, down -16% from 85.7% in the previous candle.
Time in Bull Critical 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.
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 01-04-2024 closed, SPX500 Index was at 5,212.4, down 0.81% from the previous candle (5,255.2). Market Energy was 69.8%, down 16.0 points from 85.7%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did SPX500 price move on this Weekly candle, and how large is that historically?
SPX500 closed at 5,212.4, down 0.81% from the previous Weekly candle (5,255.2). This drop is larger than 28% of past drops on the Weekly timeframe for SPX500, across 274 candles since 2019.
How did SPX500 Index Market Energy change from the previous candle?
Market Energy fell 16 percentage points from the previous candle — from 85.7% to 69.8%. This drop is larger than 56% of past drops on the Weekly timeframe for SPX500.
Do SPX500 price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was SPX500 Index in on the previous Weekly candle?
The previous Weekly candle had SPX500 Index at 85.7%, Bull Extreme — when this candle closed, SPX500 Index moved down to a lower zone: Bull Extreme → Bull Critical.
Where does SPX500 Index energy sit within the Bull Critical zone?
At 69.8%, SPX500 Index is 4.74 points from the upper boundary of Bull Critical (74.5%) and 9.76 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Extreme with energy 97.6%. Against this backdrop, SPX500 Index (Bull Critical, 69.8%) lower 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 Bias with Market Energy -29.2%. SPX500 Index (Bull Critical) 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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