Analysis

COPPER 6.6979 ↑1.21%: Bulls have the edge · 4H 12:00 Oct 16, 2026

·
Candle close
Price and energy
Open 6.6167 · High 6.7002 · Low 6.6084 · Close 6.6979 · Range (high − low) 0.09175
COPPER closed at 6.6979, up 0.08025 (+1.21%) from 6.6177.
Bull–Bear energy behind the price: the market moved from the Bear Critical zone at -72.1% to Bull Bias at 33.2%, up 105.2 points.
Second straight up candle, price and energy are moving up together.
Price and energy · last 4 candles
Price6.61676.61086.61776.6979
Energy-85.9%-77.0%-72.1%33.2%
Price change↓ 0.02%↓ 0.09%↑ 0.10%↑ 1.21%
Energy change↑ 8.6↑ 8.9↑ 4.9↑ 105.2
Volatility trend chart · last 4 sessions
↓ 0.02%↓ 0.09%↑ 0.10%↑ 1.21%↑ 8.6↑ 8.9↑ 4.9↑ 105.2
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 1.21% — higher than 96% of past rises
0%255075100%
Energy up 105.2 pts — largest on record (since 2019)
Knowledge

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

RESEARCH

Trend of Bull Bias COPPER 4H

Sample: 326 4H candles from 2026-07-23 to 2026-10-22
Number of Bull Bias occurrences: 30 times

▸When COPPER is in Bull Bias:

  • then COPPER moved to higher Market State: 10 times — 33.3%
  • then COPPER moved to lower Market State: 20 times — 66.7%

▸Current COPPER market energy: 33.15%

  • Distance to upper bound of Bull Bias (at 60%): 26.85%
  • Distance to lower bound of Bull Bias (at 20.88%): 12.27%

"Why does archaeology matter?" — 2AITRADING

COPPER · H4 · 2026-10-16 01:00 UTC
Preview the last 30 candles — price and energy
View live COPPER chart →
Market Energy
-72.1%
Bear Critical
33.2%
Bull Bias
60.3%
Bull Critical
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Observing the completed 4H candle, COPPER recorded in the Bull Bias zone.

End-of-session energy readings on 4H, Market trend energy recorded a +105.2% rise from the previous candle, from -72.1% to 33.2%.

Time in Bull Bias 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 -98.5 to 85.1.

Frequently asked questions

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

When the 4H candle closed at 12:00 on 16-10-2026, COPPER was at 6.6979, up 1.21% from the previous candle (6.6177). Market Energy was 33.2%, up 105.2 points from -72.1%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

COPPER closed at 6.6979, up 1.21% from the previous 4H candle (6.6177). This rise is larger than 96% of past rises on the 4H timeframe for COPPER, across 304 candles since 2019.

How did COPPER Market Energy change from the previous candle?

Market Energy rose 105.2 percentage points from the previous candle — from -72.1% to 33.2%. This is the largest of all rises on the 4H timeframe for COPPER on record since 2019.

Do COPPER price and energy agree?

Yes. This candle recorded price moving up 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 -72.1%, Bear Critical — when this candle closed, COPPER moved up to a higher zone: Bear Critical → Bull Bias.

Where does COPPER energy sit within the Bull Bias zone?

At 33.2%, COPPER is 26.85 points from the upper boundary of Bull Bias (60%) and 12.27 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.

What does Bull Bias mean?

Bull Bias 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 Bias 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 50.9%; GER40 (European equities) in Bull Extreme with energy 95.9%. Against this backdrop, COPPER (Bull Bias, 33.2%) lower than GER40; sits in the same state zone as 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 Bear Bias with Market Energy -44.6%. COPPER (Bull Bias) and DXY currently sit on opposite sides.

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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