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COPPER is currently leaning slightly toward buyers, energy +0.6%. This still sits in the Neutral zone — the probability of a clear trend is not yet defined.
See the full 2AiTrading Model data for COPPER on the COPPER overview →
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UP–DOWN statistics for Neutral COPPER Daily
▸When COPPER is in Neutral:
- then COPPER moved to higher Market State: 230 times — 51.3%
- then COPPER moved to lower Market State: 218 times — 48.7%
▸Current COPPER market energy: 0.6%
- Distance to upper bound of Neutral (at 20.88%): 20.28%
- Distance to lower bound of Neutral (at -20.88%): 21.48%
"Why does archaeology matter?" — 2AITRADING
As the Daily candle completes, Market Energy of COPPER indicates the balanced energy zone.
On the energy side, Market Energy dropped -2.6% this candle, currently 0.6% (previous candle 3.2%).
Time in Neutral energy zone: 4 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 -82.9 to +14.7.
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What state was COPPER on Daily when this candle closed?
When the Daily candle at 07:00 on 27-06-2021 closed, COPPER was in Neutral with Market Energy 0.6%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did COPPER Market Energy change from the previous candle?
Market Energy fell 2.6 percentage points from the previous candle — from 3.2% to 0.6%.
What state was COPPER in on the previous Daily candle?
The previous Daily candle had COPPER at 3.2%, Neutral — this candle kept the same state, no zone change.
Where does COPPER energy sit within the Neutral zone?
At 0.6%, COPPER is 20.28 points from the upper boundary of Neutral (20.88%) and 21.48 points from the lower boundary (-20.88%) — so energy sits closer to the upper 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: SPX500 (US equities) in Bull Bias with energy 58.9%; GER40 (European equities) in Bull Bias with energy 50.9%. Against this backdrop, COPPER (Neutral, 0.6%) 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 Bull Bias with Market Energy 31.3%. COPPER energy is currently below DXY by 30.7 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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