SP500 Weekly Volatility Analysis 9-13 Jan 2023

9 de jan. de 2023

SP500 Weekly Volatility Analysis 9-13 Jan 2023




We can see that currently the implied volatility for this week is 2.93%

With this in mind, currently from ATR point of view we are located in the 65th 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: 2.64% movement
Bearish: 2.47% 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 24.2% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 4025
BOT: 3800

Taking into consideration the previous weekly high/low, currently for this candle there is :
79.22% probability we are going to touch previous weekly high(already done)
26.76% probability we are going to touch previous weekly low


Lastly, from the technical analysis point of view, currently from
Daily timeframe indicates 53.33% BULLISH trend from the moving averages index
Weekly timeframe indicates 13.33% BULLISH trend from the moving averages index
Monthly timeframe indicates -13.33% BEARISH trend from the moving averages index