Analysis

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Candle close
Price and energy
COPPER from 6.8634 to 6.8264, down 0.54%
Market Energy Bull Bias 31.6% to Neutral -1.3%, down 33.0 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.98%1.12%0.15%0.54%
Energy4.231.113.233.0
Volatility trend chart · last 4 sessions
0.98% 1.12% 0.15% 0.54% 4.2 31.1 13.2 33.0
priceenergy up · down
Volatility · vs history since 2019
Price down 0.54% — higher than 66% of past drops
0%255075100%
Energy down 33.0 pts — higher than 88% of past drops
RESEARCH

Trend of Neutral COPPER 4H

Sample: 220 4H candles from 2026-07-23 to 2026-09-23
Number of Neutral occurrences: 21 times

When COPPER is in Neutral:

  • then COPPER moved to higher Market State: 13 times61.9%
  • then COPPER moved to lower Market State: 8 times38.1%

Current COPPER market energy: -1.33%

  • Distance to upper bound of Neutral (at 20.88%): 22.21%
  • Distance to lower bound of Neutral (at -20.88%): 19.55%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

COPPER · H4 · 2026-09-23 09:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
31.6%
Bull Bias
-1.3%
Neutral
Expected at
00:10
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

After the 4H candle closes, COPPER noted at Neutral.

On the 2AiTrading energy system, Market Energy dropped -33% from the previous candle, from 31.6% to -1.3%.

Time in Neutral energy zone: 1 4H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, COPPER Market Energy ranged from -1.3 to +98.1.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did COPPER price and energy show when this 4H candle closed?

When the 4H candle at 16:00 on 23-09-2026 closed, COPPER was at 6.8264, down 0.54% from the previous candle (6.8634). Market Energy was -1.3%, down 33.0 points from 31.6%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did COPPER price move on this 4H candle, and how large is that historically?

COPPER closed at 6.8264, down 0.54% from the previous 4H candle (6.8634). This drop is larger than 66% of past drops on the 4H timeframe for COPPER, across 221 candles since 2019.

How did COPPER Market Energy change from the previous candle?

Market Energy fell 33 percentage points from the previous candle — from 31.6% to -1.3%. This drop is larger than 88% of past drops on the 4H 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 4H candle?

The previous 4H candle had COPPER at 31.6%, Bull Bias — when this candle closed, COPPER moved down to a lower zone: Bull Bias → Neutral.

Where does COPPER energy sit within the Neutral zone?

At -1.3%, COPPER is 22.21 points from the upper boundary of Neutral (20.88%) and 19.55 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 Bear Bias with energy -33%; GER40 (European equities) in Bear Extreme with energy -99.3%. Against this backdrop, COPPER (Neutral, -1.3%) 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 Extreme with Market Energy 85.8%. COPPER energy is currently below DXY by 87.1 points.

Real-time Energy Chart

See the real-time energy chart for COPPER.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for COPPER on the COPPER overview →

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