·
| Price | ▼ 0.11% | ▼ 0.06% | ▼ 0.44% | ▼ 0.39% |
| Energy | ▼ 13.6 | ▼ 17.0 | ▼ 124.3 | ▼ 20.3 |
Trend of Bear Extreme USOIL 1H
▸When USOIL is in Bear Extreme:
- then USOIL moved to higher Market State: 2,298 times — 100%
- then USOIL moved to lower Market State: 0 times — 0%
▸Current USOIL market energy: -89.15%
- Distance to upper bound of Bear Extreme (at -74.5%): 14.65%
- Distance to bottom -100%: 10.85%
"A person's history reveals more than you might think" — 2AITRADING
The peak Bear energy state is the result just recorded for USOIL after the 1H candle closed.
Market trend on the 2AiTrading energy system Energy delta -20.3%: Market Energy at -89.2%, previously -68.8%.
Time in Bear Extreme 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 -89.2 to +95.7.
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 20:00 on 29-05-2024 closed, USOIL was at 79.729, down 0.39% from the previous candle (80.044). Market Energy was -89.2%, down 20.3 points from -68.8%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did USOIL price move on this 1H candle, and how large is that historically?
USOIL closed at 79.729, down 0.39% from the previous 1H candle (80.044). This drop is larger than 71% of past drops on the 1H timeframe for USOIL, across 32,011 candles since 2019.
How did USOIL Market Energy change from the previous candle?
Market Energy fell 20.3 percentage points from the previous candle — from -68.8% to -89.2%. This drop is larger than 76% 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 -68.8%, Bear Critical — when this candle closed, USOIL moved down to a lower zone: Bear Critical → Bear Extreme.
Where does USOIL energy sit within the Bear Extreme zone?
At -89.2%, USOIL is 14.65 points from the upper boundary of Bear Extreme (-74.5%) and 10.85 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.
What does Bear Extreme mean?
Bear Extreme 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 Extreme 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 Critical with energy -64.2%; GER40 (European equities) in Bear Extreme with energy -85.1%. Against this backdrop, USOIL (Bear Extreme, -89.2%) 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 Critical with Market Energy 62.8%. USOIL (Bear Extreme) 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 →
To jump to a symbol you're interested in, click .