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| Price | ▲ 0.07% | ▼ 0.62% | ▲ 0.25% | ▲ 0.33% |
| Energy | ▼ 1.5 | ▼ 19.7 | ▼ 1.6 | ▲ 7.6 |
Trend of Bull Critical USOIL 1H
▸When USOIL is in Bull Critical:
- then USOIL moved to higher Market State: 1,107 times — 33.2%
- then USOIL moved to lower Market State: 2,227 times — 66.8%
▸Current USOIL market energy: 64.03%
- Distance to upper bound of Bull Critical (at 74.5%): 10.47%
- Distance to lower bound of Bull Critical (at 60%): 4.03%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
As the 1H candle completes, Market Energy of USOIL indicates the Bull Critical zone.
Market trend update: Market Energy reading rose +7.6%, moving from 56.5% to 64% after the 1H candle.
Time in Bull Critical 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 -99 to +98.9.
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 07:00 on 03-09-2024 closed, USOIL was at 73.999, up 0.33% from the previous candle (73.759). Market Energy was 64%, up 7.6 points from 56.5%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did USOIL price move on this 1H candle, and how large is that historically?
USOIL closed at 73.999, up 0.33% from the previous 1H candle (73.759). This rise is larger than 65% of past rises on the 1H timeframe for USOIL, across 33,580 candles since 2019.
How did USOIL Market Energy change from the previous candle?
Market Energy rose 7.6 percentage points from the previous candle — from 56.5% to 64%. This rise is larger than 48% of past rises on the 1H timeframe for USOIL.
Do USOIL price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. 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 56.5%, Bull Bias — when this candle closed, USOIL moved up to a higher zone: Bull Bias → Bull Critical.
Where does USOIL energy sit within the Bull Critical zone?
At 64%, USOIL is 10.47 points from the upper boundary of Bull Critical (74.5%) and 4.03 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 -41.9%; GER40 (European equities) in Bull Critical with energy 63.4%. Against this backdrop, USOIL (Bull Critical, 64%) has higher energy 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 Bias with Market Energy 54.5%. USOIL (Bull Critical) 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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