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| Price | ▼ 0.07% | ▲ 0.31% | ▲ 0.20% | ▼ 0.74% |
| Energy | ▼ 5.2 | ▲ 26.0 | ▲ 36.2 | ▼ 91.5 |
Trend of Bear Bias USOIL 1H
▸When USOIL is in Bear Bias:
- then USOIL moved to higher Market State: 2,909 times — 61%
- then USOIL moved to lower Market State: 1,861 times — 39%
▸Current USOIL market energy: -33.14%
- Distance to upper bound of Bear Bias (at -20.88%): 12.26%
- Distance to lower bound of Bear Bias (at -60%): 26.86%
"Does history really repeat itself?" — 2AITRADING
After the 1H candle closes, USOIL within the Market Energy zone leaning Bear.
Observing the USOIL market this session, Market Energy dropped -91.5% from the previous candle, from 58.4% to -33.1%.
Time in Bear Bias energy zone: 1 1H 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.
Over the past 5 days, USOIL Market Energy ranged from -90.6 to +96.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did USOIL price and energy show when this 1H candle closed?
When the 1H candle at 20:00 on 13-07-2016 closed, USOIL was at 46.04, down 0.74% from the previous candle (46.384). Market Energy was -33.1%, down 91.5 points from 58.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did USOIL price move on this 1H candle, and how large is that historically?
USOIL closed at 46.04, down 0.74% from the previous 1H candle (46.384).
How did USOIL Market Energy change from the previous candle?
Market Energy fell 91.5 percentage points from the previous candle — from 58.4% to -33.1%.
Do USOIL price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was USOIL in on the previous 1H candle?
The previous 1H candle had USOIL at 58.4%, Bull Bias — when this candle closed, USOIL moved down to a lower zone: Bull Bias → Bear Bias.
Where does USOIL energy sit within the Bear Bias zone?
At -33.1%, USOIL is 12.26 points from the upper boundary of Bear Bias (-20.88%) and 26.86 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear Bias definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Neutral with energy -12.4%; GER40 (European equities) in Bear Bias with energy -52.9%. Against this backdrop, USOIL (Bear Bias, -33.1%) lower than SPX500; 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 Bull Bias with Market Energy 36.2%. USOIL (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for USOIL.
Open Energy ChartSee the full 2AiTrading Model data for USOIL on the USOIL overview →
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