Analysis

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Price and energy
SPX500 Index from 7,608.9 to 7,552 points, down 0.75%
Market Energy Neutral 0.3% to Bear Bias -51.8%, down 52.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.06%0.10%0.00%0.75%
Energy7.919.82.552.1
Volatility trend chart · last 4 sessions
0.06% 0.10%0.00% 0.75% 7.9 19.8 2.5 52.1
priceenergy up · down
Volatility · vs history since 2019
Price down 0.75% — higher than 91% of past drops
0%255075100%
Energy down 52.1 pts — higher than 90% of past drops
RESEARCH

Trend of Bear Bias SPX500 Index 4H

Sample: 18,065 4H candles from 2014-12-31 to 2026-09-15
Number of Bear Bias occurrences: 1,271 times

When SPX500 Index is in Bear Bias:

  • then SPX500 Index moved to higher Market State: 811 times63.8%
  • then SPX500 Index moved to lower Market State: 460 times36.2%

Current SPX500 Index market energy: -51.83%

  • Distance to upper bound of Bear Bias (at -20.88%): 30.95%
  • Distance to lower bound of Bear Bias (at -60%): 8.17%

"A person's history reveals more than you might think" — 2AITRADING

SPX500 · H4 · 2026-09-16 17:00 UTC
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Market Energy
0.3%
Neutral
-51.8%
Bear Bias
Expected at
08:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

From the just-closed 4H candle data, Market Energy of SPX500 Index indicates the Bear Bias zone.

On the 2AiTrading energy system, Market trend energy recorded a -52.1% drop from the previous candle, from 0.3% to -51.8%.

Time in Bear Bias 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 -76.4 to +75.8.

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 4H candle closed?

When the 4H candle at 00:00 on 17-09-2026 closed, SPX500 Index was at 7,552, down 0.75% from the previous candle (7,608.9). Market Energy was -51.8%, down 52.1 points from 0.3%, 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 4H candle, and how large is that historically?

SPX500 closed at 7,552, down 0.75% from the previous 4H candle (7,608.9). This drop is larger than 91% of past drops on the 4H timeframe for SPX500, across 11,893 candles since 2019.

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

Market Energy fell 52.1 percentage points from the previous candle — from 0.3% to -51.8%. This drop is larger than 90% 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 0.3%, Neutral — when this candle closed, SPX500 Index moved down to a lower zone: Neutral → Bear Bias.

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

At -51.8%, SPX500 Index is 30.95 points from the upper boundary of Bear Bias (-20.88%) and 8.17 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Bull Critical with energy 63.3%. Against this backdrop, SPX500 Index (Bear Bias, -51.8%) 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 Bias with Market Energy 28%. SPX500 Index (Bear Bias) 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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