Hi everyone! This article will be a little different - I will be giving my outlook on the $Straits Times Index(STI.SI)$. Essentially, the STI has gone nowhere for the past 16 years and has been consolidating in a large bull flag pattern that is forming higher highs and higher lows. Interestingly enough, I noted that we tested the 1.618 Fib extension level of the initial run up after the DCB bust in 2007, before crashing towards new lows. Since we have been rangebound, it wouldn’t be advisable to go too heavy into either long or short positions, as we are unsure of future direction. However, I would like to bring your attention to some observations I noticed on lower timeframes (i.e. Daily): Before the GFC in 2007-2008, the STI was trading in

1.$S&P 500(.SPX)$ SP500 Weekly Volatility Analysis 9-13 Jan 2023We 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% movementBearish: 2.47% movementAt 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: 4025BOT: 3800Taking into consideration the previous weekl