DAX Weekly Forecast 18 - 22 July 2022

exlux99
2022-07-19

$Global X Dax Germany ETF(DAX)$ Current the implied volatility is around 4.24%, compared to last week where it was 4.02%.
We are atm in a calmer period since we are in the 92th percentile of thevolatilityso it means prone to a reversal/big movement much faster than normal,
With this in mind, based on the current impliedvolatility, we have close to 80% that the price of the asset is going to be between:
TOP 13484
BOT 12386
Then. we can use a lower % of the IV to see with 75% chance where the prices are going to be above/below
TOP 13072
BOT 12800
Weekly chart volatility forecast


At the same time from our DailyHerculesApricus, we had a short entry on 1st July

Lastly we can see on the Daily timeframe, we also had a short entry on 27 January from our rating product

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