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| Price | 0.00% | ▼ 0.35% | ▲ 0.39% | ▼ 0.06% |
| Energy | ▼ 2.8 | ▼ 25.4 | ▲ 29.2 | ▲ 11.8 |
Trend of Neutral COPPER 1H
▸When COPPER is in Neutral:
- then COPPER moved to higher Market State: 2,824 times — 49.2%
- then COPPER moved to lower Market State: 2,921 times — 50.8%
▸Current COPPER market energy: 8.7%
- Distance to upper bound of Neutral (at 20.88%): 12.18%
- Distance to lower bound of Neutral (at -20.88%): 29.58%
"History always repeats itself, one way or another" — 2AITRADING
COPPER recorded in the balanced energy state as the 1H candle ended.
Market movement after the 1H candle closes, Compared to the previous candle (-3.1%), Market Energy rose +11.8% to 8.7%.
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 -54.8 to +85.5.
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 19:00 on 08-12-2021 closed, COPPER was at 4.3402, down 0.06% from the previous candle (4.3428). Market Energy was 8.7%, up 11.8 points from -3.1%, 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 4.3402, down 0.06% from the previous 1H candle (4.3428). This drop is larger than 26% of past drops on the 1H timeframe for COPPER, across 17,346 candles since 2019.
How did COPPER Market Energy change from the previous candle?
Market Energy rose 11.8 percentage points from the previous candle — from -3.1% to 8.7%. This rise is larger than 62% of past rises on the 1H timeframe for COPPER.
Do COPPER price and energy agree?
No. This candle recorded a price decline with energy moving the other way. 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 -3.1%, Neutral — this candle kept the same state, no zone change.
Where does COPPER energy sit within the Neutral zone?
At 8.7%, COPPER is 12.18 points from the upper boundary of Neutral (20.88%) and 29.58 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 Neutral with energy 11.5%; GER40 (European equities) in Bear Bias with energy -46%. Against this backdrop, COPPER (Neutral, 8.7%) has higher energy than GER40; sits in the same state zone as SPX500.
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 12.6%. COPPER energy is currently below DXY by 3.9 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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