crucial week? sometimes you've got to say screw watching technicals the robots dont give a crap about technicals. the only thing they care about is cold hard statistics. we're still in a normal standard distribution. that being said here's the good bad and ugly based upon the monthly candle and current IV and 30 DTE. i used a standardized version of expected move but with variable confidence ranges for potential sell and buy zones. important data for calculation
monthly open 280.44
current IV 14.5
DTE used: 30
1 standard deviation (plus or minus)
.5 standard deviation (plus or minus)
.25 standard deviation (plus or minus)
monthly open 280.44
current IV 14.5
DTE used: 30
1 standard deviation (plus or minus)
.5 standard deviation (plus or minus)
.25 standard deviation (plus or minus)