Analysis

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Candle close
Price and energy
SPX500 Index from 7,694.1 to 7,753.9 points, up 0.78%
Market Energy Bull Extreme 85.0% to Bull Extreme 96.0%, up 10.9 pts
Up candle #4 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.27%0.21%0.01%0.78%
Energy82.512.31.110.9
Volatility trend chart · last 4 sessions
0.27% 0.21% 0.01% 0.78% 82.5 12.3 1.1 10.9
priceenergy up · down
Volatility · vs history since 2019
Price up 0.78% — higher than 93% of past rises
0%255075100%
Energy up 10.9 pts — higher than 54% of past rises
RESEARCH

Trend of Bull Extreme SPX500 Index 4H

Sample: 18,083 4H candles from 2014-12-31 to 2026-09-21
Number of Bull Extreme occurrences: 856 times

When SPX500 Index is in Bull Extreme:

  • then SPX500 Index moved to higher Market State: 0 times0%
  • then SPX500 Index moved to lower Market State: 856 times100%

Current SPX500 Index market energy: 95.98%

  • Distance to peak 100%: 4.02%
  • Distance to lower bound of Bull Extreme (at 74.5%): 21.48%

"Let data guide you, but never trust it completely" — 2AITRADING

SPX500 · H4 · 2026-09-21 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
85.0%
Bull Extreme
96.0%
Bull Extreme
Expected at
04:10
Zone
74.5 – 100
Bias
Buyers in control
Explanation

SPX500 Index processing result: Bull Extreme trend energy after the 4H candle closed.

Market energy measurement Market Energy reading rose +10.9%, moving from 85% to 96% after the 4H candle.

Time in Bull Extreme energy zone: 3 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 -51.8 to +96.

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 21-09-2026 closed, SPX500 Index was at 7,753.9, up 0.78% from the previous candle (7,694.1). Market Energy was 96%, up 10.9 points from 85%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

How much did SPX500 price move on this 4H candle, and how large is that historically?

SPX500 closed at 7,753.9, up 0.78% from the previous 4H candle (7,694.1). This rise is larger than 93% of past rises on the 4H timeframe for SPX500, across 11,909 candles since 2019.

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

Market Energy rose 10.9 percentage points from the previous candle — from 85% to 96%. This rise is larger than 54% of past rises on the 4H timeframe for SPX500.

Do SPX500 price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. 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 85%, Bull Extreme — this candle kept the same state, no zone change.

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

At 96%, SPX500 Index is 4.02 points from the upper boundary of Bull Extreme (100%) and 21.48 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bull Extreme mean?

Bull 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 Bull 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 7.8%. Against this backdrop, SPX500 Index (Bull Extreme, 96%) has higher energy 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 Critical with Market Energy 68.9%. SPX500 Index (Bull Extreme) and DXY currently sit on the same Bull 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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