·
| Price | ▲ 0.01% | ▼ 0.07% | ▼ 0.13% | ▲ 0.34% |
| Energy | ▼ 0.3 | ▼ 1.4 | ▼ 4.7 | ▲ 34.6 |
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: 46.43%
- Distance to upper bound of Bull Bias (at 60%): 13.57%
- Distance to lower bound of Bull Bias (at 20.88%): 25.55%
"Does history really repeat itself?" — 2AITRADING
USOIL recorded in trend energy leaning Bull as the 1H candle ended.
On the energy side, Market trend energy recorded a +34.6% rise from the previous candle, from 11.8% to 46.4%.
Time in Bull Bias 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 -98.9 to +99.7.
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 08:00 on 29-11-2024 closed, USOIL was at 68.972, up 0.34% from the previous candle (68.738). Market Energy was 46.4%, up 34.6 points from 11.8%, 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 68.972, up 0.34% from the previous 1H candle (68.738). This rise is larger than 67% of past rises on the 1H timeframe for USOIL, across 35,028 candles since 2019.
How did USOIL Market Energy change from the previous candle?
Market Energy rose 34.6 percentage points from the previous candle — from 11.8% to 46.4%. This rise is larger than 85% 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 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 11.8%, Neutral — when this candle closed, USOIL moved up to a higher zone: Neutral → Bull Bias.
Where does USOIL energy sit within the Bull Bias zone?
At 46.4%, USOIL is 13.57 points from the upper boundary of Bull Bias (60%) and 25.55 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 Bear Bias with energy -22.6%; GER40 (European equities) in Bull Bias with energy 44.4%. Against this backdrop, USOIL (Bull Bias, 46.4%) 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 Bear Extreme with Market Energy -100%. 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 →
To jump to a symbol you're interested in, click .