Analysis

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Price and energy
SPX500 Index from 7,469.6 to 7,461.2 points, down 0.11%
Market Energy Neutral 15.2% to Neutral -16.6%, down 31.8 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.01%0.12%0.02%0.11%
Energy3.317.40.231.8
Volatility trend chart · last 4 sessions
0.01% 0.12% 0.02% 0.11% 3.3 17.4 0.2 31.8
priceenergy up · down
Volatility · vs history since 2019
Price down 0.11% — higher than 61% of past drops
0%255075100%
Energy down 31.8 pts — higher than 82% of past drops
RESEARCH

Trend of Neutral SPX500 Index 1H

Sample: 69,728 1H candles from 2015-01-01 to 2026-09-15
Number of Neutral occurrences: 5,367 times

When SPX500 Index is in Neutral:

  • then SPX500 Index moved to higher Market State: 2,878 times53.6%
  • then SPX500 Index moved to lower Market State: 2,489 times46.4%

Current SPX500 Index market energy: -16.57%

  • Distance to upper bound of Neutral (at 20.88%): 37.45%
  • Distance to lower bound of Neutral (at -20.88%): 4.31%

"To truly understand anything, study its history" — 2AITRADING

SPX500 · H1 · 2026-07-20 01:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
15.2%
Neutral
-16.6%
Neutral
-5.6%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

SPX500 recorded in the Neutral state as the 1H candle ended.

Per the 2AiTrading energy measurement system, The energy level dropped -31.8%: from 15.2% now at -16.6%.

Time in Neutral energy zone: 7 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, SPX500 Index Market Energy ranged from -96.3 to +75.6.

Knowledge

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

Frequently asked questions

What did SPX500 Index price and energy show when this 1H candle closed?

When the 1H candle at 08:00 on 20-07-2026 closed, SPX500 Index was at 7,461.2, down 0.11% from the previous candle (7,469.6). Market Energy was -16.6%, down 31.8 points from 15.2%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did SPX500 price move on this 1H candle, and how large is that historically?

SPX500 closed at 7,461.2, down 0.11% from the previous 1H candle (7,469.6). This drop is larger than 61% of past drops on the 1H timeframe for SPX500, across 44,949 candles since 2019.

How did SPX500 Index Market Energy change from the previous candle?

Market Energy fell 31.8 percentage points from the previous candle — from 15.2% to -16.6%. This drop is larger than 82% of past drops on the 1H timeframe for SPX500.

Do SPX500 price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was SPX500 Index in on the previous 1H candle?

The previous 1H candle had SPX500 Index at 15.2%, Neutral — this candle kept the same state, no zone change.

Where does SPX500 Index energy sit within the Neutral zone?

At -16.6%, SPX500 Index is 37.45 points from the upper boundary of Neutral (20.88%) and 4.31 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral definition →

How are the broader market indices trending?

Based on each index's latest completed H1 candle as of this candle close: GER40 (European equities) in Neutral with energy 11%. Against this backdrop, SPX500 Index (Neutral, -16.6%) 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 Bias with Market Energy -47%. SPX500 Index energy is currently above DXY by 30.4 points.

Real-time Energy Chart

See the real-time energy chart for SPX500 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 SPX500 on the SPX500 Index overview →

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