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COPPER is currently controlled by buyers, in the Bull Extreme zone. Measured energy: +82.0%.
See the full 2AiTrading Model data for COPPER on the COPPER overview →
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UP–DOWN statistics for Bull Extreme COPPER Weekly
▸When COPPER is in Bull Extreme:
- then COPPER moved to higher Market State: 0 times — 0%
- then COPPER moved to lower Market State: 24 times — 100%
▸Current COPPER market energy: 82.01%
- Distance to peak 100%: 17.99%
- Distance to lower bound of Bull Extreme (at 74.5%): 7.51%
"To truly understand anything, study its history" — 2AITRADING
With the Weekly candle just closed, COPPER recorded in the peak Bull energy level.
On the energy side, Market Energy dropped -10.9% from the previous candle, from 92.9% to 82%.
Time in Bull Extreme energy zone: 6 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.
Not enough data in the past 5 days to show a range.
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What state was COPPER on Weekly when this candle closed?
When the Weekly candle at 07:00 on 21-12-2020 closed, COPPER was in Bull Extreme with Market Energy 82%, controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How did COPPER Market Energy change from the previous candle?
Market Energy fell 10.9 percentage points from the previous candle — from 92.9% to 82%.
What state was COPPER in on the previous Weekly candle?
The previous Weekly candle had COPPER at 92.9%, Bull Extreme — this candle kept the same state, no zone change.
Where does COPPER energy sit within the Bull Extreme zone?
At 82%, COPPER is 17.99 points from the upper boundary of Bull Extreme (100%) and 7.51 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 Bias with energy 38.9%; GER40 (European equities) in Bear Bias with energy -25.6%. Against this backdrop, COPPER (Bull Extreme, 82%) 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 54.2%. COPPER (Bull Extreme) 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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