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| Price | ▲ 0.60% | ▼ 0.31% | ▲ 0.14% | ▼ 0.53% |
| Energy | ▲ 11.6 | ▼ 12.7 | ▼ 6.0 | ▼ 38.7 |
Trend of Neutral USOIL 1H
▸When USOIL is in Neutral:
- then USOIL moved to higher Market State: 2,425 times — 51.8%
- then USOIL moved to lower Market State: 2,257 times — 48.2%
▸Current USOIL market energy: 20.03%
- Distance to upper bound of Neutral (at 20.88%): 0.85%
- Distance to lower bound of Neutral (at -20.88%): 40.91%
"Let data guide you, but never trust it completely" — 2AITRADING
The system just recorded USOIL in the Bull/Bear balanced state after the 1H candle closed.
On the measurement side, The energy level dropped -38.7%: from 58.8% now at 20%.
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 -94.3 to +99.7.
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 00:00 on 18-08-2023 closed, USOIL was at 80.265, down 0.53% from the previous candle (80.696). Market Energy was 20%, down 38.7 points from 58.8%, 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 80.265, down 0.53% from the previous 1H candle (80.696). This drop is larger than 79% of past drops on the 1H timeframe for USOIL, across 27,403 candles since 2019.
How did USOIL Market Energy change from the previous candle?
Market Energy fell 38.7 percentage points from the previous candle — from 58.8% to 20%. This drop is larger than 87% of past drops on the 1H timeframe for USOIL.
Do USOIL price and energy agree?
Yes. Both price and energy moved down on this candle. 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 58.8%, Bull Bias — when this candle closed, USOIL moved down to a lower zone: Bull Bias → Neutral.
Where does USOIL energy sit within the Neutral zone?
At 20%, USOIL is 0.85 points from the upper boundary of Neutral (20.88%) and 40.91 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: SPX500 (US equities) in Bear Bias with energy -33.8%; GER40 (European equities) in Bear Critical with energy -60.6%. Against this backdrop, USOIL (Neutral, 20%) 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 Bias with Market Energy 51.2%. USOIL energy is currently below DXY by 31.2 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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