Analysis

·

Candle close
Price and energy
SPX500 Index from 7,661.4 to 7,678.7 points, up 0.23%
Market Energy Neutral -14.9% to Neutral -16.3%, down 1.4 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▲ 0.15%▲ 0.22%▼ 0.65%▲ 0.23%
Energy▲ 19.7▲ 42.8▼ 57.2▼ 1.4
Volatility trend chart · last 4 sessions
▲ 0.15%▲ 0.22%▼ 0.65%▲ 0.23%▲ 19.7▲ 42.8▼ 57.2▼ 1.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.23% — higher than 61% of past rises
0%255075100%
Energy down 1.4 pts — higher than 10% of past drops
RESEARCH

Trend of Neutral SPX500 Index 4H

Sample: 18,125 4H candles from 2014-12-31 to 2026-09-30
Number of Neutral occurrences: 1,326 times

▸When SPX500 Index is in Neutral:

  • then SPX500 Index moved to higher Market State: 749 times — 56.5%
  • then SPX500 Index moved to lower Market State: 577 times — 43.5%

▸Current SPX500 Index market energy: -16.27%

  • Distance to upper bound of Neutral (at 20.88%): 37.15%
  • Distance to lower bound of Neutral (at -20.88%): 4.61%

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

SPX500 · H4 · 2026-09-30 21:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-14.9%
Neutral
-16.3%
Neutral
Expected at
12:10
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Measurement result after the 4H candle closes, SPX500 Index shows the neutral energy level between Bull and Bear.

Per the 2AiTrading energy measurement system, Market Energy dropped -1.4% from the previous candle, from -14.9% to -16.3%.

Time in Neutral energy zone: 2 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 -73 to +42.3.

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 04:00 on 01-10-2026 closed, SPX500 Index was at 7,678.7, up 0.23% from the previous candle (7,661.4). Market Energy was -16.3%, down 1.4 points from -14.9%, 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 7,678.7, up 0.23% from the previous 4H candle (7,661.4). This rise is larger than 61% of past rises on the 4H timeframe for SPX500, across 11,952 candles since 2019.

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

Market Energy fell 1.4 percentage points from the previous candle — from -14.9% to -16.3%. This drop is larger than 10% of past drops on the 4H timeframe for SPX500.

Do SPX500 price and energy agree?

No. Price moved up while 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 4H candle?

The previous 4H candle had SPX500 Index at -14.9%, Neutral — this candle kept the same state, no zone change.

Where does SPX500 Index energy sit within the Neutral zone?

At -16.3%, SPX500 Index is 37.15 points from the upper boundary of Neutral (20.88%) and 4.61 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 Bear Extreme with energy -79.6%. Against this backdrop, SPX500 Index (Neutral, -16.3%) 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 71.4%. SPX500 Index energy is currently below DXY by 87.6 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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