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| Price | ▼ 0.02% | ▼ 0.28% | ▼ 1.04% | ▼ 0.38% |
| Energy | ▲ 4.8 | ▼ 4.9 | ▼ 14.4 | ▼ 13.3 |
Trend of Neutral COPPER Daily
▸When COPPER is in Neutral:
- then COPPER moved to higher Market State: 234 times — 51.8%
- then COPPER moved to lower Market State: 218 times — 48.2%
▸Current COPPER market energy: -19.98%
- Distance to upper bound of Neutral (at 20.88%): 40.86%
- Distance to lower bound of Neutral (at -20.88%): 0.9%
"To truly understand anything, study its history" — 2AITRADING
After the system processes the Daily candle, COPPER within the neutral energy state.
On trend energy, A -13.3% change from the previous candle, Market Energy is now -20% (previous: -6.7%).
Time in Neutral energy zone: 8 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 -20 to +12.7.
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 14-07-2021 closed, COPPER was at 4.2758, down 0.38% from the previous candle (4.292). Market Energy was -20%, down 13.3 points from -6.7%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did COPPER price move on this Daily candle, and how large is that historically?
COPPER closed at 4.2758, down 0.38% from the previous Daily candle (4.292). This drop is larger than 31% of past drops on the Daily timeframe for COPPER, across 788 candles since 2019.
How did COPPER Market Energy change from the previous candle?
Market Energy fell 13.3 percentage points from the previous candle — from -6.7% to -20%. This drop is larger than 59% of past drops on the Daily timeframe for COPPER.
Do COPPER 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 COPPER in on the previous Daily candle?
The previous Daily candle had COPPER at -6.7%, Neutral — this candle kept the same state, no zone change.
Where does COPPER energy sit within the Neutral zone?
At -20%, COPPER is 40.86 points from the upper boundary of Neutral (20.88%) and 0.9 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: SPX500 (US equities) in Bear Bias with energy -56.7%; GER40 (European equities) in Neutral with energy 6.1%. Against this backdrop, COPPER (Neutral, -20%) has higher energy than SPX500; sits in the same state zone as 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 Extreme with Market Energy 90%. COPPER energy is currently below DXY by 110 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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