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COPPER is currently controlled by buyers, in the Bull Extreme zone. Measured energy: +79.8%.
See the full 2AiTrading Model data for COPPER on the COPPER overview →
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UP–DOWN statistics for Bull Extreme COPPER 1H
▸When COPPER is in Bull Extreme:
- then COPPER moved to higher Market State: 0 times — 0%
- then COPPER moved to lower Market State: 808 times — 100%
▸Current COPPER market energy: 79.77%
- Distance to peak 100%: 20.23%
- Distance to lower bound of Bull Extreme (at 74.5%): 5.27%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
As the 1H candle completes, COPPER shows Bull Extreme trend energy.
On the 2AiTrading energy system, Compared to the previous candle (90.9%), Market Energy dropped -11.1% to 79.8%.
Time in Bull Extreme energy zone: 5 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 -92.9 to +90.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was COPPER on 1H when this candle closed?
When the 1H candle at 20:00 on 10-08-2020 closed, COPPER was in Bull Extreme with Market Energy 79.8%, controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How did COPPER Market Energy change from the previous candle?
Market Energy fell 11.1 percentage points from the previous candle — from 90.9% to 79.8%.
What state was COPPER in on the previous 1H candle?
The previous 1H candle had COPPER at 90.9%, Bull Extreme — this candle kept the same state, no zone change.
Where does COPPER energy sit within the Bull Extreme zone?
At 79.8%, COPPER is 20.23 points from the upper boundary of Bull Extreme (100%) and 5.27 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bull Extreme mean?
Bull Extreme 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 Extreme 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 27.6%; GER40 (European equities) in Neutral with energy -20.1%. Against this backdrop, COPPER (Bull Extreme, 79.8%) has higher energy 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 Bear Extreme with Market Energy -80.2%. COPPER (Bull Extreme) 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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