NDX Weekly Volatility Analysis 9-13 Jan 2023
NDX Weekly Volatility Analysis 9-13 Jan 2023
We can see that currently the implied volatility for this week is 3.83%
With this in mind, currently from ATR point of view we are located in the 81th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
*For calculations, I am using the data since 2022*
Bullish: 3.24% movement
Bearish: 3.3% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 23.6% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 11574
BOT: 10680
Taking into consideration the previous weekly high/low, currently for this candle there is :
36.46% probability we are going to touch previous weekly high
66.3% probability we are going to touch previous weekly low
Lastly, from the technical analysis point of view, currently from
Daily timeframe indicates -53.33% BEARISH trend from the moving averages index
Weekly timeframe indicates -80% BEARISH trend from the moving averages index
Monthly timeframe indicates -26.67% BEARISH trend from the moving averages index
We can see that currently the implied volatility for this week is 3.83%
With this in mind, currently from ATR point of view we are located in the 81th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
*For calculations, I am using the data since 2022*
Bullish: 3.24% movement
Bearish: 3.3% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 23.6% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 11574
BOT: 10680
Taking into consideration the previous weekly high/low, currently for this candle there is :
36.46% probability we are going to touch previous weekly high
66.3% probability we are going to touch previous weekly low
Lastly, from the technical analysis point of view, currently from
Daily timeframe indicates -53.33% BEARISH trend from the moving averages index
Weekly timeframe indicates -80% BEARISH trend from the moving averages index
Monthly timeframe indicates -26.67% BEARISH trend from the moving averages index
🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
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.