Analysis

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Candle close
Price and energy
USOIL from 69.787 to 70.502, up 1.02%
Market Energy Bull Bias 24.6% to Bull Critical 72.7%, up 48.1 pts
Up candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.16%▲ 0.42%▲ 0.01%▲ 1.02%
Energy▼ 11.3▲ 26.2▲ 8.6▲ 48.1
Volatility trend chart · last 4 sessions
▼ 0.16%▲ 0.42%▲ 0.01%▲ 1.02%▼ 11.3▲ 26.2▲ 8.6▲ 48.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 1.02% — higher than 94% of past rises
0%255075100%
Energy up 48.1 pts — higher than 91% of past rises
RESEARCH

Trend of Bull Critical USOIL 1H

Sample: 69,380 1H candles from 2015-01-02 to 2026-09-24
Number of Bull Critical occurrences: 3,336 times

▸When USOIL is in Bull Critical:

  • then USOIL moved to higher Market State: 1,109 times — 33.2%
  • then USOIL moved to lower Market State: 2,227 times — 66.8%

▸Current USOIL market energy: 72.74%

  • Distance to upper bound of Bull Critical (at 74.5%): 1.76%
  • Distance to lower bound of Bull Critical (at 60%): 12.74%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

USOIL · H1 · 2024-09-05 14:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
24.6%
Bull Bias
72.7%
Bull Critical
6.2%
Neutral
Zone
60 – 74.5
Bias
Buyers in control
Explanation

Once measurement on the 1H timeframe completes, USOIL classified as the Bull Critical measurement.

On the measurement side, Energy delta +48.1%: Market Energy at 72.7%, previously 24.6%.

Time in Bull Critical energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, USOIL Market Energy ranged from -100 to +90.5.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did USOIL price and energy show when this 1H candle closed?

When the 1H candle at 21:00 on 05-09-2024 closed, USOIL was at 70.502, up 1.02% from the previous candle (69.787). Market Energy was 72.7%, up 48.1 points from 24.6%, 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 70.502, up 1.02% from the previous 1H candle (69.787). This rise is larger than 94% of past rises on the 1H timeframe for USOIL, across 33,640 candles since 2019.

How did USOIL Market Energy change from the previous candle?

Market Energy rose 48.1 percentage points from the previous candle — from 24.6% to 72.7%. This rise is larger than 91% of past rises on the 1H timeframe for USOIL.

Do USOIL price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. 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 24.6%, 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 72.7%, USOIL is 1.76 points from the upper boundary of Bull Critical (74.5%) and 12.74 points from the lower boundary (60%) — so energy sits closer to the upper 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 Neutral with energy -0.4%; GER40 (European equities) in Bull Bias with energy 51.1%. Against this backdrop, USOIL (Bull Critical, 72.7%) 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 Critical with Market Energy 65%. USOIL (Bull Critical) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for USOIL.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for USOIL on the USOIL overview →

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