Analysis

SPX500 Index 7,733.7 points ↓0.29%: Bears have the edge · 1H 06:00 Oct 22, 2026

·
Candle close
Price and energy
Open 7,755.5 · High 7,757.5 · Low 7,732.4 · Close 7,733.7 · Range (high − low) 25.1
SPX500 Index closed at 7,733.7 points, down 22.25 (-0.29%) from 7,755.95.
Bull–Bear energy behind the price: the market moved from the Bull Critical zone at 60.8% to Bear Bias at -21.5%, down 82.3 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price7,757.37,757.77,7567,733.7
Energy58.9%64.1%60.8%-21.5%
Price change↑ 0.14%↑ 0.01%↓ 0.02%↓ 0.29%
Energy change↓ 8.0↑ 5.2↓ 3.2↓ 82.3
Volatility trend chart · last 4 sessions
↑ 0.14%↑ 0.01%↓ 0.02%↓ 0.29%↓ 8.0↑ 5.2↓ 3.2↓ 82.3
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.29% — higher than 87% of past drops
0%255075100%
Energy down 82.3 pts — higher than 96% of past drops
Knowledge

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

RESEARCH

Trend of Bear Bias SPX500 Index 1H

Sample: 70,348 1H candles from 2015-01-01 to 2026-10-21
Number of Bear Bias occurrences: 5,134 times

▸When SPX500 Index is in Bear Bias:

  • then SPX500 Index moved to higher Market State: 3,293 times — 64.1%
  • then SPX500 Index moved to lower Market State: 1,841 times — 35.9%

▸Current SPX500 Index market energy: -21.45%

  • Distance to upper bound of Bear Bias (at -20.88%): 0.57%
  • Distance to lower bound of Bear Bias (at -60%): 38.55%

"Why does archaeology matter?" — 2AITRADING

SPX500 · H1 · 2026-10-21 22:00 UTC
Preview the last 30 candles — price and energy
View live SPX500 chart →
Market Energy
60.8%
Bull Critical
-21.5%
Bear Bias
-90.1%
Bear Extreme
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Once measurement on the 1H timeframe completes, SPX500 Index classified as the Market Energy zone leaning Bear.

Market movement after the 1H candle closes, Compared to the previous candle (60.8%), Market Energy dropped -82.3% to -21.5%.

Time in Bear Bias 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 -99.2 to 97.7.

Frequently asked questions

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

When the 1H candle closed at 06:00 on 22-10-2026, SPX500 Index was at 7,733.7, down 0.29% from the previous candle (7,755.95). Market Energy was -21.5%, down 82.3 points from 60.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

SPX500 closed at 7,733.7, down 0.29% from the previous 1H candle (7,755.95). This drop is larger than 87% of past drops on the 1H timeframe for SPX500, across 46,563 candles since 2019.

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

Market Energy fell 82.3 percentage points from the previous candle — from 60.8% to -21.5%. This drop is larger than 96% of past drops on the 1H timeframe for SPX500.

Do SPX500 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 SPX500 Index in on the previous 1H candle?

The previous 1H candle had SPX500 Index at 60.8%, Bull Critical — when this candle closed, SPX500 Index moved down to a lower zone: Bull Critical → Bear Bias.

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

At -21.5%, SPX500 Index is 0.57 points from the upper boundary of Bear Bias (-20.88%) and 38.55 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.

What does Bear Bias mean?

Bear Bias 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 Bias 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 7.8%. Against this backdrop, SPX500 Index (Bear Bias, -21.5%) 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 -25.1%. SPX500 Index (Bear Bias) 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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