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| Price | ▲ 0.72% | ▲ 0.06% | ▼ 0.70% | ▼ 0.45% |
| Energy | ▲ 37.8 | ▼ 2.0 | ▼ 19.4 | ▼ 38.3 |
Trend of Bull Bias USOIL 1H
▸When USOIL is in Bull Bias:
- then USOIL moved to higher Market State: 2,099 times — 42.9%
- then USOIL moved to lower Market State: 2,796 times — 57.1%
▸Current USOIL market energy: 36.26%
- Distance to upper bound of Bull Bias (at 60%): 23.74%
- Distance to lower bound of Bull Bias (at 20.88%): 15.38%
"Does history really repeat itself?" — 2AITRADING
With the 1H candle just closed, Market USOIL in the energy state leaning Bull.
On the energy side, Market Energy reading dropped -38.3%, moving from 74.5% to 36.3% after the 1H candle.
Time in Bull 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 -69.4 to +95.9.
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 23:00 on 14-06-2022 closed, USOIL was at 122.005, down 0.45% from the previous candle (122.553). Market Energy was 36.3%, down 38.3 points from 74.5%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did USOIL price move on this 1H candle, and how large is that historically?
USOIL closed at 122.005, down 0.45% from the previous 1H candle (122.553). This drop is larger than 74% of past drops on the 1H timeframe for USOIL, across 20,430 candles since 2019.
How did USOIL Market Energy change from the previous candle?
Market Energy fell 38.3 percentage points from the previous candle — from 74.5% to 36.3%. This drop is larger than 87% of past drops on the 1H timeframe for USOIL.
Do USOIL price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. 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 74.5%, Bull Extreme — when this candle closed, USOIL moved down to a lower zone: Bull Extreme → Bull Bias.
Where does USOIL energy sit within the Bull Bias zone?
At 36.3%, USOIL is 23.74 points from the upper boundary of Bull Bias (60%) and 15.38 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: SPX500 (US equities) in Bear Bias with energy -26.9%; GER40 (European equities) in Bear Critical with energy -62.5%. Against this backdrop, USOIL (Bull Bias, 36.3%) has higher energy 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 79.8%. USOIL (Bull Bias) and DXY currently sit on the same Bull side.
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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