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| Price | ▼ 6.78% | ▼ 4.33% | ▼ 3.79% | ▼ 6.52% |
| Energy | ▼ 7.5 | ▼ 5.2 | ▲ 6.5 | ▲ 1.4 |
Trend of Bear Extreme COPPER Weekly
▸When COPPER is in Bear Extreme:
- then COPPER moved to higher Market State: 12 times — 100%
- then COPPER moved to lower Market State: 0 times — 0%
▸Current COPPER market energy: -86.99%
- Distance to upper bound of Bear Extreme (at -74.5%): 12.49%
- Distance to bottom -100%: 13.01%
"Why does archaeology matter?" — 2AITRADING
Once measurement on the Weekly timeframe completes, COPPER classified as the Bear Extreme zone.
On the measurement side, The energy level rose +1.4%: from -88.4% now at -87%.
Time in Bear Extreme energy zone: 5 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.
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 11-07-2022 closed, COPPER was at 3.25, down 6.52% from the previous candle (3.4768). Market Energy was -87%, up 1.4 points from -88.4%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did COPPER price move on this Weekly candle, and how large is that historically?
COPPER closed at 3.25, down 6.52% from the previous Weekly candle (3.4768). This drop is larger than 94% of past drops on the Weekly timeframe for COPPER, across 220 candles since 2019.
How did COPPER Market Energy change from the previous candle?
Market Energy rose 1.4 percentage points from the previous candle — from -88.4% to -87%. This rise is larger than 8% of past rises on the Weekly timeframe for COPPER.
Do COPPER price and energy agree?
No. Price moved down while energy moved up on this candle. 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 -88.4%, Bear Extreme — this candle kept the same state, no zone change.
Where does COPPER energy sit within the Bear Extreme zone?
At -87%, COPPER is 12.49 points from the upper boundary of Bear Extreme (-74.5%) and 13.01 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.
What does Bear Extreme mean?
Bear 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 Bear 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 Neutral with energy 12.9%; GER40 (European equities) in Bull Bias with energy 47.5%. Against this backdrop, COPPER (Bear Extreme, -87%) lower 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 Neutral with Market Energy 3.9%. COPPER energy is currently below DXY by 90.9 points.
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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