Global Main Indices Weekly Volatility Forecast 5-9 Dec 2022
1.$S&P 500(.SPX)$ Possible BIG Short movement for SPX
We can that currently we are close to one of the biggest resistence points of 4100.
4800, 4600, 4300, 4100 Were the biggest resistence points for 2022, so we can use these values for future references.
In this year, we had 2 big bullish movements and 2 big bearish movements, all of them very similar, around 18% .
If history is going to repeat itself and the 4100 is going to act as a huge resistence point for the bullish trend,
we can expect a possible downfall until 3400/3300 according to the past movements.
However, if we are going to break 4100, we can have a possible 5% long continuation movement until 4300 which is the next big resistence point.
2.$NASDAQ(.IXIC)$ Nasdaq Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 3.72%, down from 3.95% last week according to VXN data
With this in mind, currently from ATR point of view we are located in the 74th percentile, while according to VXN, we are on 41th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 3.4% movement
Bearish: 3.5% 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 23.6% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 12475
BOT: 11525
Taking into consideration the previous weekly high/low, currently for this candle there is :
78% probability we are going to touch previous high of 12145
26% probability we are going to touch previous low of 11480
Lastly, from thetechnical analysispoint of view, currently from
Weekly timeframe indicates 13% BEARISH trend
Daily timeframe indicates 40% bullish trend
4H timeframe indicates 93.3% bullish trend
3.$DJIA(DJIA)$ Dow Jones Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 2.82%, down from 3.06% last week according to VXD data
With this in mind, currently from ATR point of view we are located in the 7th percentile, while according to VXD, we are on 8th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 2.6% movement
Bearish: 1.9% 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 19.5% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 35473
BOT: 33370
Taking into consideration the previous weekly high/low, currently for this candle there is :
79% probability we are going to touch previous high of 34750
21% probability we are going to touch previous low of 33370
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 77% BULLISH trend
Daily timeframe indicates 80% BULLISH trend
4H timeframe indicates 53.3% BULLISH trend
4.$S&P 500(.SPX)$ SP500 Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 2.64%, down from 2.82% last week according to VIX data
With this in mind, currently from ATR point of view we are located in the 56th percentile, while according to VIX, we are on 25th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 2.87% movement
Bearish: 2.55% 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 24.3% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 4188
BOT: 3960
Taking into consideration the previous weekly high/low, currently for this candle there is :
78% probability we are going to touch previous high of 4110
26% probability we are going to touch previous low of 3942
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 53% bullish trend
Daily timeframe indicates 80% bullish trend
4H timeframe indicates 53.3% bullish trend
5.DAX Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 2.82%, down from 2.98% last week according to VDAX data
With this in mind, currently from ATR point of view we are located in the 1st percentile, while according to VDAX, we are on 1th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.94% movement
Bearish: 2.38% 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 17.9% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 14920
BOT: 14050
Taking into consideration the previous weekly high/low, currently for this candle there is :
75% probability we are going to touch previous high of 14600
25% probability we are going to touch previous low of 14333
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 66% bullish trend
Daily timeframe indicates 80% bullish trend
4H timeframe indicates 66.6% bullish trend
6.NIFTY Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 1.87%, down from 1.9% last week according to INDIA VIXdata
With this in mind, currently from ATR point of view we are located in the 3rd percentile, while according to INDIA VIX, we are on 8th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.85% movement
Bearish: 1.5% 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 24.3% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 19070
BOT: 18370
Taking into consideration the previous weekly high/low, currently for this candle there is :
78% probability we are going to touch previous high of 18914
26% probability we are going to touch previous low of 18370
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 80% bullish trend
Daily timeframe indicates 80% bullish trend
4H timeframe indicates 53.3% bullish trend
7.$Micro WTI Crude Oil - main 2301(MCLmain)$ Crude OIL Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 6.96%, down from 7.4% last week according to OVX data
With this in mind, currently from ATR point of view we are located in the 68th percentile, while according to OVX, we are on 85th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 4.9% movement
Bearish: 5.08% 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 27.4% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 85.9
BOT: 74.1
Taking into consideration the previous weekly high/low, currently for this candle there is :
70% probability we are going to touch previous high of 83.5
30% probability we are going to touch previous low of 73.5/74
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 50% BEARISH trend
Daily timeframe indicates 66% BEARISH trend
4H timeframe indicates 26.3% BULLISH trend
8.$Gold - main 2302(GCmain)$ GOLD Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 2.11%, down from 2.17% last week according to GVZ data
With this in mind, currently from ATR point of view we are located in the 0th percentile, while according to GVZ, we are on 14th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.6% movement
Bearish: 1.81% 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 22.3% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 1836
BOT: 1760
Taking into consideration the previous weekly high/low, currently for this candle there is :
70% probability we are going to touch previous high of 1805(already done)
30% probability we are going to touch previous low of 1740
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 50% BULLISH trend
Daily timeframe indicates 80% BULLISH trend
4H timeframe indicates 66.3% BULLISH trend
9.EUR/USD Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 1.64%, down from 1.85% last week according to EVZ data
With this in mind, currently from ATR point of view we are located in the 0th percentile, while according to EVZ, we are on 2th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.18% movement
Bearish: 0.97% 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 30% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 1.072
BOT: 1.033
Taking into consideration the previous weekly high/low, currently for this candle there is :
70% probability we are going to touch previous high of 1.055(already hit)
30% probability we are going to touch previous low of 1.03
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 26% BULLISH trend
Daily timeframe indicates 93% BULLISH trend
4H timeframe indicates 80% BULLISH trend
https://www.tradingview.com/chart/CL1!/YgYyTftY-Crude-OIL-Weekly-Volatility-Analysis-5-9-Dec-2022/
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