Analysis

COPPER 6.6284 ↓0.43%: Bears have the edge · 4H 16:00 Oct 21, 2026

·
Candle close
Price and energy
Open 6.6564 · High 6.6844 · Low 6.6122 · Close 6.6284 · Range (high − low) 0.07212
COPPER closed at 6.6284, down 0.02837 (-0.43%) from 6.6567.
Bull–Bear energy behind the price: the market moved from the Neutral zone at 11.5% to Bear Bias at -38.5%, down 50.0 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price6.66346.67866.65676.6284
Energy16.9%28.4%11.5%-38.5%
Price change↑ 0.30%↑ 0.23%↓ 0.33%↓ 0.43%
Energy change↑ 10.1↑ 11.5↓ 16.8↓ 50.0
Volatility trend chart · last 4 sessions
↑ 0.30%↑ 0.23%↓ 0.33%↓ 0.43%↑ 10.1↑ 11.5↓ 16.8↓ 50.0
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.43% — higher than 58% of past drops
0%255075100%
Energy down 50.0 pts — higher than 87% of past drops
Knowledge

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

RESEARCH

Trend of Bear Bias COPPER 4H

Sample: 322 4H candles from 2026-07-23 to 2026-10-21
Number of Bear Bias occurrences: 24 times

▸When COPPER is in Bear Bias:

  • then COPPER moved to higher Market State: 19 times — 79.2%
  • then COPPER moved to lower Market State: 5 times — 20.8%

▸Current COPPER market energy: -38.47%

  • Distance to upper bound of Bear Bias (at -20.88%): 17.59%
  • Distance to lower bound of Bear Bias (at -60%): 21.53%

"Why does archaeology matter?" — 2AITRADING

COPPER · H4 · 2026-10-21 05:00 UTC
Preview the last 30 candles — price and energy
View live COPPER chart →
Market Energy
11.5%
Neutral
-38.5%
Bear Bias
-59.1%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

COPPER classified into the Bear Bias state after the 4H candle completed.

Market energy measurement Market Energy moved from 11.5% to -38.5%, down -50% from the previous candle.

Time in Bear 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 -74.4 to 60.3.

Frequently asked questions

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

When the 4H candle closed at 16:00 on 21-10-2026, COPPER was at 6.6284, down 0.43% from the previous candle (6.6567). Market Energy was -38.5%, down 50.0 points from 11.5%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

COPPER closed at 6.6284, down 0.43% from the previous 4H candle (6.6567). This drop is larger than 58% of past drops on the 4H timeframe for COPPER, across 320 candles since 2019.

How did COPPER Market Energy change from the previous candle?

Market Energy fell 50 percentage points from the previous candle — from 11.5% to -38.5%. This drop is larger than 87% 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 11.5%, Neutral — when this candle closed, COPPER moved down to a lower zone: Neutral → Bear Bias.

Where does COPPER energy sit within the Bear Bias zone?

At -38.5%, COPPER is 17.59 points from the upper boundary of Bear Bias (-20.88%) and 21.53 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.

What does Bear Bias mean?

Bear 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 Bear 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 -11.4%; GER40 (European equities) in Neutral with energy -10.8%. Against this backdrop, COPPER (Bear Bias, -38.5%) 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 19.8%. COPPER energy is currently below DXY by 58.3 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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