The current implied volatility is at 40.1%/year So that converted into daily is 2.53%
The opening of today was 11970
So based on that our channel for today is going to be compressed within TOP 12300 BOT 11700 with a probability chance of 79.8% based on the last 5395 candles
From fundamental point, today we have PPI and initial jobless claims releases and these mark a huge volatility moment At the same time the current values are expected to be bearish.
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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.