Analysis

JP225 Index 62,234.7 points ↓0.71%: Bears in the peak-force zone · 4H 04:00 Oct 23, 2026

·
Candle close
Price and energy
Open 62,662.2 · High 62,802.2 · Low 62,227.2 · Close 62,234.7 · Range (high − low) 575
JP225 Index closed at 62,234.7 points, down 447.5 (-0.71%) from 62,682.2.
Bull–Bear energy behind the price: the market moved from the Bear Extreme zone at -85.1% to Bear Extreme at -96.6%, down 11.5 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price62,80263,13762,68262,235
Energy-99.9%-95.3%-85.1%-96.6%
Price change↓ 0.92%↑ 0.53%↓ 0.72%↓ 0.71%
Energy change↓ 15.8↑ 4.6↑ 10.2↓ 11.5
Volatility trend chart · last 4 sessions
↓ 0.92%↑ 0.53%↓ 0.72%↓ 0.71%↓ 15.8↑ 4.6↑ 10.2↓ 11.5
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.71% — higher than 85% of past drops
0%255075100%
Energy down 11.5 pts — higher than 50% of past drops
Knowledge

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

RESEARCH

Trend of Bear Extreme JP225 Index 4H

Sample: 18,220 4H candles from 2014-12-31 to 2026-10-22
Number of Bear Extreme occurrences: 646 times

▸When JP225 Index is in Bear Extreme:

  • then JP225 Index moved to higher Market State: 646 times — 100%
  • then JP225 Index moved to lower Market State: 0 times — 0%

▸Current JP225 Index market energy: -96.62%

  • Distance to upper bound of Bear Extreme (at -74.5%): 22.12%
  • Distance to bottom -100%: 3.38%

"A person's history reveals more than you might think" — 2AITRADING

JP225 · H4 · 2026-10-22 17:00 UTC
Preview the last 30 candles — price and energy
View live JP225 chart →
Market Energy
-85.1%
Bear Extreme
-96.6%
Bear Extreme
Expected at
08:10
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Right as the 4H candle closes, JP225 Index recorded in the Bear Extreme state.

On the measurement side, Market trend energy recorded a -11.5% drop from the previous candle, from -85.1% to -96.6%.

Time in Bear Extreme energy zone: 5 4H 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, JP225 Index Market Energy ranged from -99.9 to 71.

Frequently asked questions

What did JP225 Index price and energy show when this 4H candle closed?

When the 4H candle closed at 04:00 on 23-10-2026, JP225 Index was at 62,234.7, down 0.71% from the previous candle (62,682.2). Market Energy was -96.6%, down 11.5 points from -85.1%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

How much did JP225 price move on this 4H candle, and how large is that historically?

JP225 closed at 62,234.7, down 0.71% from the previous 4H candle (62,682.2). This drop is larger than 85% of past drops on the 4H timeframe for JP225, across 12,051 candles since 2019.

How did JP225 Index Market Energy change from the previous candle?

Market Energy fell 11.5 percentage points from the previous candle — from -85.1% to -96.6%. This drop is larger than 50% of past drops on the 4H timeframe for JP225.

Do JP225 price and energy agree?

Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.

What state was JP225 Index in on the previous 4H candle?

The previous 4H candle had JP225 Index at -85.1%, Bear Extreme — this candle kept the same state, no zone change.

Where does JP225 Index energy sit within the Bear Extreme zone?

At -96.6%, JP225 Index is 22.12 points from the upper boundary of Bear Extreme (-74.5%) and 3.38 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 Bias with energy -56.3%; GER40 (European equities) in Bear Bias with energy -37.8%. Against this backdrop, JP225 Index (Bear Extreme, -96.6%) lower 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 Bear Extreme with Market Energy -77%. JP225 Index (Bear Extreme) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for JP225 Index.

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 JP225 on the JP225 Index overview →

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