Analysis

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Price and energy
SPX500 Index from 7,716 to 7,708.5 points, down 0.10%
Market Energy Bear Critical -66.6% to Bear Critical -70.7%, down 4.1 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.19%0.10%0.03%0.10%
Energy0.65.55.24.1
Volatility trend chart · last 4 sessions
0.19% 0.10% 0.03% 0.10% 0.6 5.5 5.2 4.1
priceenergy up · down
Volatility · vs history since 2019
Price down 0.10% — higher than 57% of past drops
0%255075100%
Energy down 4.1 pts — higher than 29% of past drops
RESEARCH

Trend of Bear Critical SPX500 Index 1H

Sample: 69,663 1H candles from 2015-01-01 to 2026-09-10
Number of Bear Critical occurrences: 3,188 times

When SPX500 Index is in Bear Critical:

  • then SPX500 Index moved to higher Market State: 2,232 times70%
  • then SPX500 Index moved to lower Market State: 956 times30%

Current SPX500 Index market energy: -70.65%

  • Distance to upper bound of Bear Critical (at -60%): 10.65%
  • Distance to lower bound of Bear Critical (at -74.5%): 3.85%

"History always repeats itself, one way or another" — 2AITRADING

SPX500 · H1 · 2026-09-04 20:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-66.6%
Bear Critical
-70.7%
Bear Critical
-66.9%
Bear Critical
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

After the 1H candle closes, SPX500 Index recorded in the near-peak Bear energy zone.

Market energy movement The energy level dropped -4.1%: from -66.6% now at -70.7%.

Time in Bear 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, SPX500 Index Market Energy ranged from -99.1 to +99.8.

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 03:00 on 05-09-2026 closed, SPX500 Index was at 7,708.5, down 0.1% from the previous candle (7,716). Market Energy was -70.7%, down 4.1 points from -66.6%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

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

SPX500 closed at 7,708.5, down 0.1% from the previous 1H candle (7,716). This drop is larger than 57% of past drops on the 1H timeframe for SPX500, across 45,778 candles since 2019.

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

Market Energy fell 4.1 percentage points from the previous candle — from -66.6% to -70.7%. This drop is larger than 29% 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 the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had SPX500 Index at -66.6%, Bear Critical — this candle kept the same state, no zone change.

Where does SPX500 Index energy sit within the Bear Critical zone?

At -70.7%, SPX500 Index is 10.65 points from the upper boundary of Bear Critical (-60%) and 3.85 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear 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 Bear Critical 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 -0.5%. Against this backdrop, SPX500 Index (Bear Critical, -70.7%) lower than 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 Neutral with Market Energy 14%. SPX500 Index energy is currently below DXY by 84.7 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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