Analysis

COPPER 6.6817 ↓0.09%: Bulls have the edge · 4H 20:00 Oct 16, 2026

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Candle close
Price and energy
Open 6.6864 · High 6.7044 · Low 6.6779 · Close 6.6817 · Range (high − low) 0.0265
COPPER closed at 6.6817, down 0.00575 (-0.09%) from 6.6874.
Bull–Bear energy behind the price: the market moved from the Bull Critical zone at 60.3% to Bull Bias at 48.9%, down 11.5 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price6.61776.69796.68746.6817
Energy-72.1%33.2%60.3%48.9%
Price change↑ 0.10%↑ 1.21%↓ 0.16%↓ 0.09%
Energy change↑ 4.9↑ 105.2↑ 27.2↓ 11.5
Volatility trend chart · last 4 sessions
↑ 0.10%↑ 1.21%↓ 0.16%↓ 0.09%↑ 4.9↑ 105.2↑ 27.2↓ 11.5
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.09% — higher than 11% of past drops
0%255075100%
Energy down 11.5 pts — higher than 51% of past drops
Knowledge

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

RESEARCH

Trend of Bull Bias COPPER 4H

Sample: 331 4H candles from 2026-07-23 to 2026-10-23
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: 48.88%

  • Distance to upper bound of Bull Bias (at 60%): 11.12%
  • Distance to lower bound of Bull Bias (at 20.88%): 28%

"Let data guide you, but never trust it completely" — 2AITRADING

COPPER · H4 · 2026-10-16 09:00 UTC
Preview the last 30 candles — price and energy
View live COPPER chart →
Market Energy
60.3%
Bull Critical
48.9%
Bull Bias
-32.5%
Bear Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

The Bull Bias level recorded from just-completed 4H candle data for COPPER.

On the 2AiTrading energy system, Market Energy dropped -11.5% from the previous session, from 60.3% to 48.9%.

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 20:00 on 16-10-2026, COPPER was at 6.6817, down 0.09% from the previous candle (6.6874). Market Energy was 48.9%, down 11.5 points from 60.3%, 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 6.6817, down 0.09% from the previous 4H candle (6.6874). This drop is larger than 11% of past drops on the 4H timeframe for COPPER, across 306 candles since 2019.

How did COPPER Market Energy change from the previous candle?

Market Energy fell 11.5 percentage points from the previous candle — from 60.3% to 48.9%. This drop is larger than 51% of past drops on the 4H timeframe for COPPER.

Do COPPER price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. 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 60.3%, Bull Critical — when this candle closed, COPPER moved down to a lower zone: Bull Critical → Bull Bias.

Where does COPPER energy sit within the Bull Bias zone?

At 48.9%, COPPER is 11.12 points from the upper boundary of Bull Bias (60%) and 28 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Neutral with energy -6.5%; GER40 (European equities) in Bull Critical with energy 70.7%. Against this backdrop, COPPER (Bull Bias, 48.9%) has higher energy than SPX500; lower than 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 Bear Extreme with Market Energy -87.4%. 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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