1.Crude Oil Weekly Forecast Analysis 3-7 Oct 2022 We can see that currently the volatility is around 7.05% for this week, decrising from the 7.4% from the last week.
Currently there is around 29% that the asset is going to close either above or below the channel:
TOP 87
BOT 75
The current volatility percentile is around 90th, placing us in a very risky environment. With this situations in general the market moves:
AVG weekly bull candle = 4.25%
AVG weekly bear candle = 5.36%
With this mind, from the opening price it would situate us around
TOP 84.6
BOT 76.74
At the same time, there is currently a 70% that we will touch the ath of previous weekly candle of 83,
and there is a 30% that we will touch the low of the previous week of 76.25
From the technical analysis point of view:
The majority of moving averages ranging from 10 to 200, are currently around 26% agreement that the market is in abearish trend( the current price is above those moving averages)
From the distribution of the candles, for this year we had 47% bearish weekly candles.
2.GOLD Weekly Forecast Analysis 3-7 Oct 2022 We can see that currently the volatility is around 2.69% for this week, decrising from the 2.73% from the last week.
Currently there is around 22.3% that the asset is going to close either above or below the channel:
TOP 1706
BOT 1615
The current volatility percentile is around 90th, placing us in a very risky environment. With this situations in general the market moves:
AVG weekly bull candle = 1.45%
AVG weekly bear candle = 1.83%
With this mind, from the opening price it would situate us around
TOP 1684
BOT 1631
At the same time, there is currently a 70% that we will touch the ath of previous weekly candle of 1675,
and there is a 30% that we will touch the low of the previous week of 1614
From thetechnical analysispoint of view:
The majority of moving averages ranging from 10 to 200, are currently around 80% agreement that the market is in abearish trend( the current price is above those moving averages)
From the distribution of the candles, for this year we had 48% bearish weekly candles.
3.DAX Weekly Forecast Analysis 3-7 Oct 2022$Global X Dax Germany ETF(DAX)$ We can see that currently the volatility is around 4.27% for this week, decrising from the 4.44% from the last week.
Currently there is around 18.2% that the asset is going to close either above or below the channel:
TOP 12483
BOT 11420
The current volatility percentile is around 90th, placing us in a very risky environment. With this situations in general the market moves:
AVG weekly bull candle = 1.73%
AVG weekly bear candle = 2.5%
With this mind, from the opening price it would situate us around
TOP 12150
BOT 11650
At the same time, there is currently a 35% that we will break the ath of previous weekly candle of 12410,
and there is a 66% that we will touch the low of the previous week of 11860
From thetechnical analysispoint of view:
The majority of moving averages ranging from 10 to 200, are currently around 80% agreement that the market is in abearish trend( the current price is above those moving averages)
From the distribution of the candles, for this year we had 54% bearish weekly candles.
4.VIX Weekly Forecast Analysis 3-7 Oct 2022 $Cboe Volatility Index(VIX)$ We can see that currently the volatility is around 14.08% for this week, decrising from the 14.3% from the last week.
Currently there is around 35.5% that the asset is going to close either above or below the channel:
TOP 37.72
BOT 28.28
The current volatility percentile is around 15th. With this situations in general the market moves:
AVG weekly bull candle = 12.73%
AVG weekly bear candle = 9.15%
With this mind, from the opening price it would situate us around
TOP 37.2
BOT 29.98
At the same time, due to the nature of the opening price, making this weekly candle abearishcandle, there is currently a
37% that we will break the ath of previous weekly candle of 35, and there is a 60% that we will touch the low of the previous week of 29.4
From the technical analysis point of view:
The majority of moving averages ranging from 10 to 200, are currently around 92% agreement that the market is in abearish trend( the current price is above those moving averages)
5.Nasdaq Weekly Forecast Analysis 3-7 Oct 2022 $NASDAQ(.IXIC)$ We can see that currently the volatility is around 4.84% for this week, decrising from the 5.06% from the last week.
Currently there is around 23.6% that the asset is going to close either above or below the channel:
TOP 11600
BOT 10470
The current volatility percentile is around 89th, placing us in a very risking andvolatilityweek.
And in this situations in general the market moves:
AVG weekly bull candle = 2.38%
AVG weekly bear candle = 2.692%
With this mind, from the opening price it would situate us around
TOP 11300
BOT 10500
At the same time, due to the nature of the opening price, making this weekly candle a bearish candle, there is currently a
36% that we will break the ath of previous weekly candle of 11600.
From the technical analysis point of view:
The majority of moving averages ranging from 10 to 200, are currently around 80% agreement that the market is in a short trend ( the current price is below those moving averages)
At the same time if we are looking at the candle type since the beginning of the year, we can see that 60.61% of them werebearish, solidificating thebearish trend.
6.SP500 Weekly Forecast Analysis 3-7 Oct 2022 $S&P 500(.SPX)$ We can see that currently the volatility is around 4.38% for this week, decrising from the 4.58% from the last week.
Currently there is around 24.3% that the asset is going to close either above or below the channel:
TOP 3757
BOT 3430
The current volatility percentile is around 89th, placing us in a very risking andvolatilityweek.
And in this situations in general the market moves:
AVG weekly bull candle = 2.5%
AVG weekly bear candle = 2.76%
With this mind, from the opening price it would situate us around
TOP 3684
BOT 3492
At the same time, due to the nature of the opening price, making this weekly candle abullishcandle, there is currently a
38% that we will break the ath of previous weekly candle of 3750 and there is a 66% that we will touch the low of previous candle
which is 3570.
From the technical analysis point of view:
The majority of moving averages ranging from 10 to 200, are currently around 66.6%% agreement that the market is in a short trend ( the current price is below those moving averages)
At the same time if we are looking at the candle type since the beginning of the year, we can see that 59% of them werebearish, solidificating thebearish trend.
https://www.tradingview.com/chart/ES1!/XzR753WS-SP500-Weekly-Forecast-Analysis-3-7-Oct-2022/
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