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| Price | ▲ 0.60% | ▼ 0.15% | ▼ 0.34% | ▲ 0.36% |
| Energy | ▲ 5.2 | ▼ 20.3 | ▼ 17.0 | ▲ 11.3 |
Trend of Bull Bias COPPER Daily
▸When COPPER is in Bull Bias:
- then COPPER moved to higher Market State: 107 times — 31.4%
- then COPPER moved to lower Market State: 234 times — 68.6%
▸Current COPPER market energy: 53.69%
- Distance to upper bound of Bull Bias (at 60%): 6.31%
- Distance to lower bound of Bull Bias (at 20.88%): 32.81%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Right as the Daily candle closes, Result for COPPER: Bull Bias.
Looking at the Market Energy reading, The energy level rose +11.3%: from 42.4% now at 53.7%.
Time in Bull Bias energy zone: 3 Daily Candle
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.
Over the past 5 days, COPPER Market Energy ranged from +42.4 to +79.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COPPER price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 21-02-2014 closed, COPPER was at 3.336, up 0.36% from the previous candle (3.324). Market Energy was 53.7%, up 11.3 points from 42.4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did COPPER price move on this Daily candle, and how large is that historically?
COPPER closed at 3.336, up 0.36% from the previous Daily candle (3.324).
How did COPPER Market Energy change from the previous candle?
Market Energy rose 11.3 percentage points from the previous candle — from 42.4% to 53.7%.
Do COPPER 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 COPPER in on the previous Daily candle?
The previous Daily candle had COPPER at 42.4%, Bull Bias — this candle kept the same state, no zone change.
Where does COPPER energy sit within the Bull Bias zone?
At 53.7%, COPPER is 6.31 points from the upper boundary of Bull Bias (60%) and 32.81 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull Bias definition →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 Bias with Market Energy -38.7%. COPPER (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for COPPER.
Open Energy ChartSee the full 2AiTrading Model data for COPPER on the COPPER overview →
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