📊 The Final Tick

🔍 Week in Review

Open
6,740.02
Close
6,632.19
Weekly Change
↓ 107.83 (-1.60%)

Our Bullish Friday prediction from Wednesday was incorrect. A Bullish prediction requires the price to close higher than Wednesday's level, but it closed lower.

The Strong Strength prediction was incorrect. A Strong Bullish prediction requires the price to close at least 25 handles higher than Wednesday's close.

📊 Expected Move Analysis

Consecutive Expected Move Touches

Weeks in a row hitting expected move

00

Market insight: Expected move was not touched this week. This is unusual as expected moves are designed to be touched 68% of the time.

There are no significant consecutive closes in either the weekly or daily timeframe.

📊 MEGA0DTE ThinkorSwim Indicator

Updated levels for MEGA0DTE are now available. Load the indicator directly into TOS using this link, which is refreshed every Friday with new closing prices and expected move levels:

Load MEGA0DTE Indicator →

📈 Current SPX-ES Spread: 57.00

Please update your trading indicators accordingly with the new spread

📈 Volatility Analysis

Weekly EM 03/20
211.10
Previous Week: 230.54 ↓ 8.4% lower
4-Week Avg: 180.06 ↑ 17.2% higher
YTD Avg: 132.92 ↑ 58.8% higher
Daily EM 03/16
99.70
20-Day Avg: 65.91 ↑ 51% higher
YTD Avg: 52.37 ↑ 90% higher

What This Means for the Market

The divergence between expanding daily and stable weekly expected moves, while both remain significantly above YTD averages, suggests a complex market environment where:

  • Different timeframe participants have diverging views on risk
  • Market makers have partial control in one timeframe but not the other
  • Volatility is being concentrated in specific time horizons

This type of divergence within an elevated volatility regime often precedes a resolution where both timeframes eventually align, either both expanding further or both stabilizing.