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| Price | ▲ 0.82% | ▲ 0.39% | ▲ 0.12% | ▼ 0.10% |
| Energy | ▲ 30.0 | ▲ 10.1 | ▲ 0.7 | ▼ 3.6 |
Trend of 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: 833 times — 100%
▸Current COPPER market energy: 87.09%
- Distance to peak 100%: 12.91%
- Distance to lower bound of Bull Extreme (at 74.5%): 12.59%
"Why does archaeology matter?" — 2AITRADING
After the 1H candle closes, COPPER in the extreme Bull energy state.
On the energy side, Market Energy at 87.1%, down -3.6% from 90.7% in the previous candle.
Time in Bull Extreme energy zone: 4 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 -68.4 to +90.7.
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 16:00 on 19-09-2024 closed, COPPER was at 4.3785, down 0.1% from the previous candle (4.383). Market Energy was 87.1%, down 3.6 points from 90.7%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did COPPER price move on this 1H candle, and how large is that historically?
COPPER closed at 4.3785, down 0.1% from the previous 1H candle (4.383). This drop is larger than 42% of past drops on the 1H timeframe for COPPER, across 33,807 candles since 2019.
How did COPPER Market Energy change from the previous candle?
Market Energy fell 3.6 percentage points from the previous candle — from 90.7% to 87.1%. This drop is larger than 30% 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 90.7%, Bull Extreme — this candle kept the same state, no zone change.
Where does COPPER energy sit within the Bull Extreme zone?
At 87.1%, COPPER is 12.91 points from the upper boundary of Bull Extreme (100%) and 12.59 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 Extreme with energy 97%; GER40 (European equities) in Bull Extreme with energy 87.6%. Against this backdrop, COPPER (Bull Extreme, 87.1%) sits in the same state zone as 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 -96%. 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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