Analysis

SPX500 Index 7,634.8 points ↓0.31%: Bulls & Bears in a tug-of-war · W Oct 19, 2026

·
Candle open
Price and energy
Open 7,696 · High 7,770.5 · Low 7,611.2 · Close 7,634.8 · Range (high − low) 159.3
SPX500 Index closed at 7,634.8 points, down 23.5 (-0.31%) from 7,658.3.
Bull–Bear energy behind the price: the market moved from the Bull Bias zone at 43.7% to Neutral at -16.4%, down 60.1 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price7,722.87,816.87,658.37,634.8
Energy66.6%80.0%43.7%-16.4%
Price change↓ 0.27%↑ 1.22%↓ 2.03%↓ 0.31%
Energy change↓ 7.7↑ 13.3↓ 36.3↓ 60.1
Volatility trend chart · last 4 sessions
↓ 0.27%↑ 1.22%↓ 2.03%↓ 0.31%↓ 7.7↑ 13.3↓ 36.3↓ 60.1
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.31% — higher than 14% of past drops
0%255075100%
Energy down 60.1 pts — higher than 87% of past drops
Knowledge

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

RESEARCH

Trend of Neutral SPX500 Index Weekly

Sample: 616 Weekly candles from 2010-01-04 to 2026-10-12
Number of Neutral occurrences: 53 times

▸When SPX500 Index is in Neutral:

  • then SPX500 Index moved to higher Market State: 35 times — 66%
  • then SPX500 Index moved to lower Market State: 18 times — 34%

▸Current SPX500 Index market energy: -16.41%

  • Distance to upper bound of Neutral (at 20.88%): 37.29%
  • Distance to lower bound of Neutral (at -20.88%): 4.47%

"Why does archaeology matter?" — 2AITRADING

SPX500 · W1 · 2026-10-19 00:00 UTC
Preview the last 30 candles — price and energy
View live SPX500 chart →
Market Energy
43.7%
Bull Bias
-16.4%
Neutral
Expected at
07:10
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the Weekly candle completes, Result for SPX500 Index: trend energy in a balanced state.

At the Weekly session close, Market Energy dropped -60.1% from the previous session, from 43.7% to -16.4%.

Time in Neutral energy zone: 1 Weekly 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

Not enough data in the past 5 days to show a range.

Frequently asked questions

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

When the Weekly candle closed at 07:00 on 19-10-2026, SPX500 Index was at 7,634.8, down 0.31% from the previous candle (7,658.3). Market Energy was -16.4%, down 60.1 points from 43.7%, 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 Weekly candle, and how large is that historically?

SPX500 closed at 7,634.8, down 0.31% from the previous Weekly candle (7,658.3). This drop is larger than 14% of past drops on the Weekly timeframe for SPX500, across 407 candles since 2019.

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

Market Energy fell 60.1 percentage points from the previous candle — from 43.7% to -16.4%. This drop is larger than 87% of past drops on the Weekly timeframe for SPX500.

Do SPX500 price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was SPX500 Index in on the previous Weekly candle?

The previous Weekly candle had SPX500 Index at 43.7%, Bull Bias — when this candle closed, SPX500 Index moved down to a lower zone: Bull Bias → Neutral.

Where does SPX500 Index energy sit within the Neutral zone?

At -16.4%, SPX500 Index is 37.29 points from the upper boundary of Neutral (20.88%) and 4.47 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 Bull Bias with energy 33.6%. Against this backdrop, SPX500 Index (Neutral, -16.4%) 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 Bull Bias with Market Energy 29.5%. SPX500 Index energy is currently below DXY by 46 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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