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| Price | ▼ 1.81% | ▲ 0.19% | ▲ 0.39% | ▼ 0.34% |
| Energy | ▼ 32.5 | ▼ 0.7 | ▲ 13.2 | ▼ 3.6 |
Trend of Bear Bias COPPER Daily
▸When COPPER is in Bear Bias:
- then COPPER moved to higher Market State: 233 times — 72.4%
- then COPPER moved to lower Market State: 89 times — 27.6%
▸Current COPPER market energy: -23.41%
- Distance to upper bound of Bear Bias (at -20.88%): 2.53%
- Distance to lower bound of Bear Bias (at -60%): 36.59%
"A person's history reveals more than you might think" — 2AITRADING
Right as the Daily candle closes, COPPER in the energy level leaning Bear.
Meanwhile, Market Energy dropped -3.6% this candle, currently -23.4% (previous candle -19.8%).
Time in Bear Bias energy zone: 1 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 -33 to +0.2.
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 04-03-2018 closed, COPPER was at 2.6185, down 0.34% from the previous candle (2.6275). Market Energy was -23.4%, down 3.6 points from -19.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did COPPER price move on this Daily candle, and how large is that historically?
COPPER closed at 2.6185, down 0.34% from the previous Daily candle (2.6275).
How did COPPER Market Energy change from the previous candle?
Market Energy fell 3.6 percentage points from the previous candle — from -19.8% to -23.4%.
Do COPPER price and energy agree?
Yes. This candle recorded price moving down 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 -19.8%, Neutral — when this candle closed, COPPER moved down to a lower zone: Neutral → Bear Bias.
Where does COPPER energy sit within the Bear Bias zone?
At -23.4%, COPPER is 2.53 points from the upper boundary of Bear Bias (-20.88%) and 36.59 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear Bias definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Extreme with energy 76.6%; GER40 (European equities) in Bull Bias with energy 49.3%. Against this backdrop, COPPER (Bear Bias, -23.4%) lower than SPX500, 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 Neutral with Market Energy -12.5%. COPPER energy is currently below DXY by 10.9 points.
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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