Hello, everyone.
Today I provide you with weekly volatility forecasts for the major indexes between October 10th and 14th: $S&P 500(.SPX)$$NASDAQ(.IXIC)$ DAX,GOLD,NIFTY&BTC
1.GOLD Weekly Forecast 10-14 October 2022
We can see that currently the volatility is around 3.65% for this week, rising from the 3.56% from the last week.
Currently there is around 24.9% that the asset is going to close either above or below the channel:
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BOT 1634
The current volatility percentile is around 90th, placing us in very risky environment. With this situations in general the market moves:
AVG weekly bull candle = 1.5%
AVG weekly bear candle = 1.8%
At the same time, there is currently a 70% that we will touch the high of previous weekly candle of 1730
and there is a 30% that we will touch the low of the previous week of 1660
From the technical analysis point of view:
The majority of moving averages ranging from 10 to 200, are currently around 70% agreement that the market is in aBEARISH trend( the current price is below those moving averages)
2.Nasdaq Weekly Forecast 10-14 October 2022
We can see that currently the volatility is around 5.08% for this week, falling from the 5.14% from the last week.
Currently there is around 23.6% that the asset is going to close either above or below the channel:
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BOT 10500
The current volatility percentile is around 90th, placing us in very risky environment. With this situations in general the market moves:
AVG weekly bull candle = 2.97%
AVG weekly bear candle = 3.6%
At the same time, there is currently a 75% that we will touch the high of previous weekly candle of 11729
and there is a 25% that we will touch the low of the previous week of 11067
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 BEARISH trend( the current price is below those moving averages)
3.SP500 Weekly Forecast 10-14 October 2022
We can see that currently the volatility is around 4.35% for this week, falling from the 4.57% from the last week.
Currently there is around 24.3% that the asset is going to close either above or below the channel:
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BOT 3472
The currentvolatilitypercentile is around 90th, placing us in very risky environment. With this situations in general the market moves:
AVG weekly bull candle = 2.47%
AVG weekly bear candle = 2.77
At the same time, there is currently a 75% that we will touch the high of previous weekly candle of 3822
and there is a 25% that we will touch the low of the previous week of 3574
From the technical analysis point of view:
The majority of moving averages ranging from 10 to 200, are currently around 66% agreement that the market is in aBEARISH trend( the current price is below those moving averages)
4.NIFTY Weekly Forecast 10-14 October 2022
We can see that currently the volatility is around 2.61% for this week, falling from the 2.75% from the last week.
Currently there is around 24.5% that the asset is going to close either above or below the channel:
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BOT 16550
The current volatility percentile is around 50th, placing us in average risky environment. With this situations in general the market moves:
AVG weekly bull candle = 2.03%
AVG weekly bear candle = 1.61%
At the same time, there is currently a 78% that we will touch the high of previous weekly candle of 17445
and there is a 22% that we will touch the low of the previous week of 16862
From the technical analysis point of view:
The majority of moving averages ranging from 10 to 200, are currently around 66% agreement that the market is in aBULLISH trend( the current price is above those moving averages)
5.BTC Weekly Forecast 10-14 October 2022
We can see that currently the volatility is around 10.75% for this week, falling from the 9.7% from the last week.
Currently there is around 17.2% that the asset is going to close either above or below the channel:
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BOT 17560
The current volatility percentile is around 50th, placing us in average risky environment. With this situations in general the market moves:
AVG weekly bull candle = 5.5%
AVG weekly bear candle = 7.4%
At the same time, there is currently a 70% that we will touch the high of previous weekly candle of 20500
and there is a 27% that we will touch the low of the previous week of 18881
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 abearish trend( the current price is below those moving averages)
6.DAX Weekly Forecast 10-14 October 2022
We can see that currently the volatility is around 4.25% for this week, falling from the 4.53% from the last week.
Currently there is around 18.2% that the asset is going to close either above or below the channel:
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BOT 11623
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 = 1.83%
AVG weekly bear candle = 2.5%
At the same time, there is currently a 73% that we will touch the high of previous weekly candle of 12674
and there is a 26% that we will touch the low of the previous week of 11894
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 abearish trend( the current price is below those moving averages)
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