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| Price | ▲ 0.13% | ▼ 0.02% | ▼ 0.17% | ▼ 0.13% |
| Energy | ▼ 12.5 | ▼ 9.2 | ▼ 15.5 | ▼ 12.1 |
Trend of Neutral COPPER 1H
▸When COPPER is in Neutral:
- then COPPER moved to higher Market State: 2,822 times — 49.1%
- then COPPER moved to lower Market State: 2,920 times — 50.9%
▸Current COPPER market energy: 7.98%
- Distance to upper bound of Neutral (at 20.88%): 12.9%
- Distance to lower bound of Neutral (at -20.88%): 28.86%
"Does history really repeat itself?" — 2AITRADING
As the 1H candle completes, COPPER classified as the neutral Bull/Bear zone.
End-of-session energy readings on 1H, Market Energy at 8%, down -12.1% from 20.1% in the previous candle.
Time in Neutral energy zone: 2 1H 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 -77.5 to +81.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COPPER price and energy show when this 1H candle closed?
When the 1H candle at 01:00 on 09-08-2019 closed, COPPER was at 2.5905, down 0.13% from the previous candle (2.594). Market Energy was 8%, down 12.1 points from 20.1%, 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 1H candle, and how large is that historically?
COPPER closed at 2.5905, down 0.13% from the previous 1H candle (2.594). This drop is larger than 61% of past drops on the 1H timeframe for COPPER, across 3,563 candles since 2019.
How did COPPER Market Energy change from the previous candle?
Market Energy fell 12.1 percentage points from the previous candle — from 20.1% to 8%. This drop is larger than 63% of past drops on the 1H timeframe for COPPER.
Do COPPER price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was COPPER in on the previous 1H candle?
The previous 1H candle had COPPER at 20.1%, Neutral — this candle kept the same state, no zone change.
Where does COPPER energy sit within the Neutral zone?
At 8%, COPPER is 12.9 points from the upper boundary of Neutral (20.88%) and 28.86 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 Extreme with energy 93%; GER40 (European equities) in Bull Critical with energy 71.7%. Against this backdrop, COPPER (Neutral, 8%) 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 50.1%. COPPER energy is currently below DXY by 42.1 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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