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| Price | ▲ 0.37% | ▼ 0.13% | ▼ 0.02% | ▼ 0.25% |
| Energy | ▲ 36.9 | ▼ 9.0 | ▼ 12.3 | ▼ 28.8 |
Trend of Bull Bias USOIL 1H
▸When USOIL is in Bull Bias:
- then USOIL moved to higher Market State: 2,098 times — 42.9%
- then USOIL moved to lower Market State: 2,795 times — 57.1%
▸Current USOIL market energy: 29.93%
- Distance to upper bound of Bull Bias (at 60%): 30.07%
- Distance to lower bound of Bull Bias (at 20.88%): 9.05%
"A person's history reveals more than you might think" — 2AITRADING
USOIL classified into Bull Bias after the 1H candle completed.
Meanwhile, Market Energy dropped -28.8% this candle, currently 29.9% (previous candle 58.7%).
Time in Bull Bias energy zone: 2 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 -96.4 to +80.1.
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 18:00 on 09-11-2023 closed, USOIL was at 75.749, down 0.25% from the previous candle (75.94). Market Energy was 29.9%, down 28.8 points from 58.7%, 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 75.749, down 0.25% from the previous 1H candle (75.94). This drop is larger than 55% of past drops on the 1H timeframe for USOIL, across 28,775 candles since 2019.
How did USOIL Market Energy change from the previous candle?
Market Energy fell 28.8 percentage points from the previous candle — from 58.7% to 29.9%. This drop is larger than 82% 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 58.7%, Bull Bias — this candle kept the same state, no zone change.
Where does USOIL energy sit within the Bull Bias zone?
At 29.9%, USOIL is 30.07 points from the upper boundary of Bull Bias (60%) and 9.05 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 Bull Critical with energy 60.4%; GER40 (European equities) in Bull Extreme with energy 85.7%. Against this backdrop, USOIL (Bull Bias, 29.9%) 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 Critical with Market Energy 60.8%. 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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