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| Price | ▲ 0.59% | ▼ 0.80% | ▼ 0.67% | ▼ 0.90% |
| Energy | ▲ 9.1 | ▼ 3.7 | ▼ 8.8 | ▼ 15.2 |
Trend of Bull Critical COPPER Weekly
▸When COPPER is in Bull Critical:
- then COPPER moved to higher Market State: 8 times — 22.2%
- then COPPER moved to lower Market State: 28 times — 77.8%
▸Current COPPER market energy: 65.1%
- Distance to upper bound of Bull Critical (at 74.5%): 9.4%
- Distance to lower bound of Bull Critical (at 60%): 5.1%
"Does history really repeat itself?" — 2AITRADING
As the Weekly candle completes, Result for COPPER: the near-peak Bull energy zone.
The energy side shows Market Energy dropped -15.2% from the previous session, from 80.2% to 65.1%.
Time in Bull Critical energy zone: 1 Weekly 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 +65.1 to +80.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COPPER price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 04-03-2019 closed, COPPER was at 2.8968, down 0.9% from the previous candle (2.923). Market Energy was 65.1%, down 15.2 points from 80.2%, 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 Weekly candle, and how large is that historically?
COPPER closed at 2.8968, down 0.9% from the previous Weekly candle (2.923).
How did COPPER Market Energy change from the previous candle?
Market Energy fell 15.2 percentage points from the previous candle — from 80.2% to 65.1%.
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 Weekly candle?
The previous Weekly candle had COPPER at 80.2%, 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 65.1%, COPPER is 9.4 points from the upper boundary of Bull Critical (74.5%) and 5.1 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 Extreme with energy 92.2%; GER40 (European equities) in Neutral with energy 16.9%. Against this backdrop, COPPER (Bull Critical, 65.1%) has higher energy than GER40; lower than 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 Bull Extreme with Market Energy 81.2%. 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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