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| Price | ▼ 0.17% | ▲ 0.04% | ▼ 0.03% | ▼ 0.04% |
| Energy | ▼ 10.8 | ▼ 9.0 | ▼ 4.5 | ▼ 6.5 |
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: 2,794 times — 57.1%
▸Current USOIL market energy: 49.71%
- Distance to upper bound of Bull Bias (at 60%): 10.29%
- Distance to lower bound of Bull Bias (at 20.88%): 28.83%
"A person's history reveals more than you might think" — 2AITRADING
Measurement result after the 1H candle closes, USOIL in Bull Bias.
Market trend energy Energy delta -6.5%: Market Energy at 49.7%, previously 56.2%.
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 -100 to +99.8.
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 12:00 on 26-08-2024 closed, USOIL was at 75.292, down 0.04% from the previous candle (75.319). Market Energy was 49.7%, down 6.5 points from 56.2%, 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 75.292, down 0.04% from the previous 1H candle (75.319). This drop is larger than 11% of past drops on the 1H timeframe for USOIL, across 33,449 candles since 2019.
How did USOIL Market Energy change from the previous candle?
Market Energy fell 6.5 percentage points from the previous candle — from 56.2% to 49.7%. This drop is larger than 45% 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 56.2%, Bull Bias — this candle kept the same state, no zone change.
Where does USOIL energy sit within the Bull Bias zone?
At 49.7%, USOIL is 10.29 points from the upper boundary of Bull Bias (60%) and 28.83 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Bias with energy 26.2%; GER40 (European equities) in Bull Bias with energy 23.6%. Against this backdrop, USOIL (Bull Bias, 49.7%) sits in the same state zone as 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 Bear Bias with Market Energy -31%. USOIL (Bull Bias) 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 →
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