Analysis

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Price and energy
SPX500 Index from 7,612.4 to 7,551.2 points, down 0.80%
Market Energy Bull Bias 41.4% to Bear Extreme -90.8%, down 132.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.07%0.12%0.05%0.80%
Energy2.619.03.1132.1
Volatility trend chart · last 4 sessions
0.07% 0.12% 0.05% 0.80% 2.6 19.0 3.1 132.1
priceenergy up · down
Volatility · vs history since 2019
Price down 0.80% — higher than 98% of past drops
0%255075100%
Energy down 132.1 pts — higher than 99% of past drops
RESEARCH

Trend of Bear Extreme SPX500 Index 1H

Sample: 69,733 1H candles from 2015-01-01 to 2026-09-15
Number of Bear Extreme occurrences: 2,393 times

When SPX500 Index is in Bear Extreme:

  • then SPX500 Index moved to higher Market State: 2,393 times100%
  • then SPX500 Index moved to lower Market State: 0 times0%

Current SPX500 Index market energy: -90.78%

  • Distance to upper bound of Bear Extreme (at -74.5%): 16.28%
  • Distance to bottom -100%: 9.22%

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

SPX500 · H1 · 2026-09-16 18:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
41.4%
Bull Bias
-90.8%
Bear Extreme
Expected at
03:10
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

As the 1H candle closes, SPX500 Index in the Bear Extreme level.

Per the 2AiTrading energy measurement system, A -132.1% change from the previous candle, Market Energy is now -90.8% (previous: 41.4%).

Time in Bear Extreme 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 -99.7 to +88.7.

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 01:00 on 17-09-2026 closed, SPX500 Index was at 7,551.2, down 0.8% from the previous candle (7,612.4). Market Energy was -90.8%, down 132.1 points from 41.4%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

SPX500 closed at 7,551.2, down 0.8% from the previous 1H candle (7,612.4). This drop is larger than 98% of past drops on the 1H timeframe for SPX500, across 45,964 candles since 2019.

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

Market Energy fell 132.1 percentage points from the previous candle — from 41.4% to -90.8%. This drop is larger than 99% of past drops on the 1H timeframe for SPX500.

Do SPX500 price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. 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 41.4%, Bull Bias — when this candle closed, SPX500 Index moved down to a lower zone: Bull Bias → Bear Extreme.

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

At -90.8%, SPX500 Index is 16.28 points from the upper boundary of Bear Extreme (-74.5%) and 9.22 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: GER40 (European equities) in Neutral with energy -15.4%. Against this backdrop, SPX500 Index (Bear Extreme, -90.8%) 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 Bull Extreme with Market Energy 95.5%. SPX500 Index (Bear Extreme) and DXY currently sit on opposite sides.

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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