Potential Iron Condor SPX/ES 10 May 2022

Current expected movement from IV = 2.1%
At the same tim we estimate with a 90% confidence that the volatility for today is going to be below 2.27% for this the market will stay within
TOP 4080
BOT 3900
All of this being calculated with the opening value candle of today

From the fundamental point of view we have not big volatility news today

With all of this in mind, we can try a scalp entry for today with the next setup
Iron Condor for 0 DTE ES
Call Sell 4110
Call Buy 4135

Put Sell 4000
Put Buy 3975

The reason behind those values is because of yesterday huge drop, and I believe we are going to have a recovery for today.
For top I used the hh of yesterday + a bit and for bot I used the 4k support area