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| Price | ▲ 0.09% | ▲ 0.24% | ▲ 0.03% | ▼ 0.29% |
| Energy | ▼ 1.4 | ▲ 2.7 | ▼ 2.1 | ▼ 22.7 |
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: 61.56%
- Distance to upper bound of Bull Critical (at 74.5%): 12.94%
- Distance to lower bound of Bull Critical (at 60%): 1.56%
"Let data guide you, but never trust it completely" — 2AITRADING
After the system processes the 1H candle, Market COPPER in Bull in Critical state.
On the measurement side, Market Energy dropped -22.7% this candle, currently 61.6% (previous candle 84.3%).
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 -73.6 to +86.6.
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 12-08-2024 closed, COPPER was at 4.0705, down 0.29% from the previous candle (4.0821). Market Energy was 61.6%, down 22.7 points from 84.3%, 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 4.0705, down 0.29% from the previous 1H candle (4.0821). This drop is larger than 77% of past drops on the 1H timeframe for COPPER, across 33,168 candles since 2019.
How did COPPER Market Energy change from the previous candle?
Market Energy fell 22.7 percentage points from the previous candle — from 84.3% to 61.6%. This drop is larger than 81% of past drops on the 1H timeframe for COPPER.
Do COPPER price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. 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 84.3%, 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 61.6%, COPPER is 12.94 points from the upper boundary of Bull Critical (74.5%) and 1.56 points from the lower boundary (60%) — so energy sits closer to the lower 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 Bias with energy 58.8%; GER40 (European equities) in Bear Bias with energy -30.3%. Against this backdrop, COPPER (Bull Critical, 61.6%) 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 Bull Bias with Market Energy 21.1%. COPPER (Bull Critical) and DXY currently sit on the same Bull side.
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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