Analysis

SPX500 Index 7,702.5 points ↑0.05%: Bears in the peak-force zone · 4H 16:00 Oct 15, 2026

·
Candle close
Price and energy
Open 7,698.8 · High 7,704.5 · Low 7,683 · Close 7,702.5 · Range (high − low) 21.5
SPX500 Index closed at 7,702.5 points, up 4 (+0.05%) from 7,698.5.
Bull–Bear energy behind the price: the market moved from the Bear Extreme zone at -90.7% to Bear Extreme at -80.4%, up 10.3 points.
Second straight up candle, price and energy are moving up together.
Price and energy · last 4 candles
Price7,716.17,6957,698.57,702.5
Energy-96.4%-96.2%-90.7%-80.4%
Price change↓ 0.17%↓ 0.27%↑ 0.05%↑ 0.05%
Energy change↓ 0.1↑ 0.2↑ 5.5↑ 10.3
Volatility trend chart · last 4 sessions
↓ 0.17%↓ 0.27%↑ 0.05%↑ 0.05%↓ 0.1↑ 0.2↑ 5.5↑ 10.3
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.05% — higher than 18% of past rises
0%255075100%
Energy up 10.3 pts — higher than 52% of past rises
Knowledge

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

RESEARCH

Trend of Bear Extreme SPX500 Index 4H

Sample: 18,226 4H candles from 2014-12-31 to 2026-10-23
Number of Bear Extreme occurrences: 653 times

▸When SPX500 Index is in Bear Extreme:

  • then SPX500 Index moved to higher Market State: 653 times — 100%
  • then SPX500 Index moved to lower Market State: 0 times — 0%

▸Current SPX500 Index market energy: -80.39%

  • Distance to upper bound of Bear Extreme (at -74.5%): 5.89%
  • Distance to bottom -100%: 19.61%

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

SPX500 · H4 · 2026-10-15 05:00 UTC
Preview the last 30 candles — price and energy
View live SPX500 chart →
Market Energy
-90.7%
Bear Extreme
-80.4%
Bear Extreme
-71.1%
Bear Critical
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Bear energy at Extreme determined for SPX500 Index through the 4H candle data.

Looking at the Market Energy reading, Compared to the previous candle (-90.7%), Market Energy rose +10.3% to -80.4%.

Time in Bear Extreme energy zone: 5 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 -96.4 to 99.7.

Frequently asked questions

What did SPX500 Index price and energy show when this 4H candle closed?

When the 4H candle closed at 16:00 on 15-10-2026, SPX500 Index was at 7,702.5, up 0.05% from the previous candle (7,698.5). Market Energy was -80.4%, up 10.3 points from -90.7%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

SPX500 closed at 7,702.5, up 0.05% from the previous 4H candle (7,698.5). This rise is larger than 18% of past rises on the 4H timeframe for SPX500, across 12,012 candles since 2019.

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

Market Energy rose 10.3 percentage points from the previous candle — from -90.7% to -80.4%. This rise is larger than 52% of past rises on the 4H timeframe for SPX500.

Do SPX500 price and energy agree?

Yes. On this candle price rose and energy rose — 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 -90.7%, Bear Extreme — this candle kept the same state, no zone change.

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

At -80.4%, SPX500 Index is 5.89 points from the upper boundary of Bear Extreme (-74.5%) and 19.61 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.

What does Bear Extreme mean?

Bear 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 Bear 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 Bull Bias with energy 36.3%. Against this backdrop, SPX500 Index (Bear Extreme, -80.4%) 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 Extreme with Market Energy -82.3%. SPX500 Index (Bear Extreme) 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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