·
| Price | ▼ 0.04% | ▲ 0.39% | ▲ 0.14% | ▼ 0.08% |
| Energy | ▼ 1.0 | ▲ 12.7 | ▲ 12.0 | ▼ 5.6 |
Trend of Bull Critical COPPER 1H
▸When COPPER is in Bull Critical:
- then COPPER moved to higher Market State: 501 times — 27.7%
- then COPPER moved to lower Market State: 1,307 times — 72.3%
▸Current COPPER market energy: 73.9%
- Distance to upper bound of Bull Critical (at 74.5%): 0.6%
- Distance to lower bound of Bull Critical (at 60%): 13.9%
"History always repeats itself, one way or another" — 2AITRADING
The system just recorded COPPER in the Bull Critical reading after the 1H candle closed.
Per the 2AiTrading energy measurement system, Market Energy reading dropped -5.6%, moving from 79.5% to 73.9% after the 1H candle.
Time in Bull Critical energy zone: 1 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 -73.4 to +79.5.
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 10:00 on 29-09-2023 closed, COPPER was at 3.7407, down 0.08% from the previous candle (3.7438). Market Energy was 73.9%, down 5.6 points from 79.5%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did COPPER price move on this 1H candle, and how large is that historically?
COPPER closed at 3.7407, down 0.08% from the previous 1H candle (3.7438). This drop is larger than 34% of past drops on the 1H timeframe for COPPER, across 28,051 candles since 2019.
How did COPPER Market Energy change from the previous candle?
Market Energy fell 5.6 percentage points from the previous candle — from 79.5% to 73.9%. This drop is larger than 41% of past drops on the 1H timeframe for COPPER.
Do COPPER price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was COPPER in on the previous 1H candle?
The previous 1H candle had COPPER at 79.5%, Bull Extreme — when this candle closed, COPPER moved down to a lower zone: Bull Extreme → Bull Critical.
Where does COPPER energy sit within the Bull Critical zone?
At 73.9%, COPPER is 0.6 points from the upper boundary of Bull Critical (74.5%) and 13.9 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Critical with energy 62.3%; GER40 (European equities) in Bull Extreme with energy 79.7%. Against this backdrop, COPPER (Bull Critical, 73.9%) lower 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 Bear Bias with Market Energy -50.2%. COPPER (Bull Critical) 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 →
To jump to a symbol you're interested in, click .