SPX/ES 11 May 2022
The current implied volatility is at 32.11%/year
So that converted into daily is 2.02%
The opening price was on 3991
So based on that our
TOP 4070
BOT 3910
This channel has a 87% change to sustain based on the last 1048 candles
At the same time with 85% we can affirm that the price is going to be above
TOP 4000
BOT 3980
From fundamental point, today we have CPI release and this marks a huge volatility moment
From volume point, current POC is around 4000
We can expect now with close to 74% that the market is going to end up between
TOP 4000 - 4071
BOT 3910 - 3982
The current implied volatility is at 32.11%/year
So that converted into daily is 2.02%
The opening price was on 3991
So based on that our
TOP 4070
BOT 3910
This channel has a 87% change to sustain based on the last 1048 candles
At the same time with 85% we can affirm that the price is going to be above
TOP 4000
BOT 3980
From fundamental point, today we have CPI release and this marks a huge volatility moment
From volume point, current POC is around 4000
We can expect now with close to 74% that the market is going to end up between
TOP 4000 - 4071
BOT 3910 - 3982
🔻Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔻Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.