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| Price | ▲ 0.40% | ▼ 0.01% | ▼ 0.12% | ▼ 0.42% |
| Energy | ▲ 98.9 | ▼ 3.9 | ▼ 16.4 | ▼ 86.2 |
Trend of Neutral USOIL 1H
▸When USOIL is in Neutral:
- then USOIL moved to higher Market State: 2,428 times — 51.8%
- then USOIL moved to lower Market State: 2,261 times — 48.2%
▸Current USOIL market energy: -9.75%
- Distance to upper bound of Neutral (at 20.88%): 30.63%
- Distance to lower bound of Neutral (at -20.88%): 11.13%
"Does history really repeat itself?" — 2AITRADING
Observing the completed 1H candle, USOIL in the balanced trend energy zone.
End-of-session energy readings on 1H, Compared to the previous candle (76.4%), Market Energy dropped -86.2% to -9.8%.
Time in Neutral 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 -84.9 to +97.8.
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 17:00 on 24-10-2016 closed, USOIL was at 50.584, down 0.42% from the previous candle (50.795). Market Energy was -9.8%, down 86.2 points from 76.4%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did USOIL price move on this 1H candle, and how large is that historically?
USOIL closed at 50.584, down 0.42% from the previous 1H candle (50.795).
How did USOIL Market Energy change from the previous candle?
Market Energy fell 86.2 percentage points from the previous candle — from 76.4% to -9.8%.
Do USOIL price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.
What state was USOIL in on the previous 1H candle?
The previous 1H candle had USOIL at 76.4%, Bull Extreme — when this candle closed, USOIL moved down to a lower zone: Bull Extreme → Neutral.
Where does USOIL energy sit within the Neutral zone?
At -9.8%, USOIL is 30.63 points from the upper boundary of Neutral (20.88%) and 11.13 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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: SPX500 (US equities) in Bull Extreme with energy 85.7%; GER40 (European equities) in Bull Extreme with energy 85.3%. Against this backdrop, USOIL (Neutral, -9.8%) lower than SPX500, 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 Extreme with Market Energy 90.1%. USOIL energy is currently below DXY by 99.8 points.
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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