Analysis

SPX500 Index 7,739.7 points ↓0.24%: Bears very strong · 1H 21:00 Oct 16, 2026

·
Candle close
Price and energy
Open 7,757.5 · High 7,763.3 · Low 7,735.7 · Close 7,739.7 · Range (high − low) 27.6
SPX500 Index closed at 7,739.7 points, down 18.3 (-0.24%) from 7,758.
Bull–Bear energy behind the price: the market moved from the Neutral zone at -0.7% to Bear Critical at -67.0%, down 66.3 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price7,756.87,753.37,7587,739.7
Energy-6.4%-12.0%-0.7%-67.0%
Price change↑ 0.05%↓ 0.05%↑ 0.06%↓ 0.24%
Energy change↑ 0.1↓ 5.6↑ 11.4↓ 66.3
Volatility trend chart · last 4 sessions
↑ 0.05%↓ 0.05%↑ 0.06%↓ 0.24%↑ 0.1↓ 5.6↑ 11.4↓ 66.3
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.24% — higher than 83% of past drops
0%255075100%
Energy down 66.3 pts — higher than 94% of past drops
Knowledge

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

RESEARCH

Trend of Bear Critical SPX500 Index 1H

Sample: 70,398 1H candles from 2015-01-01 to 2026-10-23
Number of Bear Critical occurrences: 3,223 times

▸When SPX500 Index is in Bear Critical:

  • then SPX500 Index moved to higher Market State: 2,254 times — 69.9%
  • then SPX500 Index moved to lower Market State: 969 times — 30.1%

▸Current SPX500 Index market energy: -67%

  • Distance to upper bound of Bear Critical (at -60%): 7%
  • Distance to lower bound of Bear Critical (at -74.5%): 7.5%

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

SPX500 · H1 · 2026-10-16 13:00 UTC
Preview the last 30 candles — price and energy
View live SPX500 chart →
Market Energy
-0.7%
Neutral
-67.0%
Bear Critical
-65.6%
Bear Critical
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Right as the 1H candle closes, SPX500 Index currently in the Bear Critical level.

On the energy side, Market Energy reading dropped -66.3%, moving from -0.7% to -67% after the 1H candle.

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 -99.9 to 99.5.

Frequently asked questions

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

When the 1H candle closed at 21:00 on 16-10-2026, SPX500 Index was at 7,739.7, down 0.24% from the previous candle (7,758). Market Energy was -67%, down 66.3 points from -0.7%, 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 7,739.7, down 0.24% from the previous 1H candle (7,758). This drop is larger than 83% of past drops on the 1H timeframe for SPX500, across 46,483 candles since 2019.

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

Market Energy fell 66.3 percentage points from the previous candle — from -0.7% to -67%. This drop is larger than 94% 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 -0.7%, Neutral — when this candle closed, SPX500 Index moved down to a lower zone: Neutral → Bear Critical.

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

At -67%, SPX500 Index is 7 points from the upper boundary of Bear Critical (-60%) and 7.5 points from the lower boundary (-74.5%) — so energy sits closer to the upper 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 Bull Critical with energy 64.6%. Against this backdrop, SPX500 Index (Bear Critical, -67%) 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 Bear Bias with Market Energy -46.5%. SPX500 Index (Bear Critical) and DXY currently sit on the same Bear side.

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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