Analysis

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Price and energy
SPX500 Index from 7,739.7 to 7,716.05 points, down 0.31%
Market Energy Bull Critical 66.3% to Neutral -15.0%, down 81.3 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.02%0.03%0.13%0.31%
Energy1.92.711.981.3
Volatility trend chart · last 4 sessions
0.02% 0.03% 0.13% 0.31% 1.9 2.7 11.9 81.3
priceenergy up · down
Volatility · vs history since 2019
Price down 0.31% — higher than 70% of past drops
0%255075100%
Energy down 81.3 pts — higher than 95% of past drops
RESEARCH

Trend of Neutral SPX500 Index 4H

Sample: 18,048 4H candles from 2014-12-31 to 2026-09-10
Number of Neutral occurrences: 1,318 times

When SPX500 Index is in Neutral:

  • then SPX500 Index moved to higher Market State: 746 times56.6%
  • then SPX500 Index moved to lower Market State: 572 times43.4%

Current SPX500 Index market energy: -14.97%

  • Distance to upper bound of Neutral (at 20.88%): 35.85%
  • Distance to lower bound of Neutral (at -20.88%): 5.91%

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

SPX500 · H4 · 2026-08-28 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
66.3%
Bull Critical
-15.0%
Neutral
-57.8%
Bear Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the 4H candle completes, SPX500 Index classified as the balanced energy zone.

On the energy side, Market Energy dropped -81.3% from the previous candle, from 66.3% to -15%.

Time in Neutral energy zone: 1 4H 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 -30.9 to +71.5.

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 4H candle closed?

When the 4H candle at 20:00 on 28-08-2026 closed, SPX500 Index was at 7,716.05, down 0.31% from the previous candle (7,739.7). Market Energy was -15%, down 81.3 points from 66.3%, 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 4H candle, and how large is that historically?

SPX500 closed at 7,716.05, down 0.31% from the previous 4H candle (7,739.7). This drop is larger than 70% of past drops on the 4H timeframe for SPX500, across 11,819 candles since 2019.

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

Market Energy fell 81.3 percentage points from the previous candle — from 66.3% to -15%. This drop is larger than 95% of past drops on the 4H 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 4H candle?

The previous 4H candle had SPX500 Index at 66.3%, Bull Critical — when this candle closed, SPX500 Index moved down to a lower zone: Bull Critical → Neutral.

Where does SPX500 Index energy sit within the Neutral zone?

At -15%, SPX500 Index is 35.85 points from the upper boundary of Neutral (20.88%) and 5.91 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 -5.2%. Against this backdrop, SPX500 Index (Neutral, -15%) 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 Neutral with Market Energy -0.7%. SPX500 Index energy is currently below DXY by 14.3 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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