🔍 Week in Review
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Open
6,582.69
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Close
6,816.81
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Weekly Change
↑ 234.12 (+3.56%)
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Our Bullish Friday prediction from Wednesday was correct, with price closing higher than Wednesday's level.
The Strong Strength prediction was correct, with price closing more than 25 handles from Wednesday's level.
📊 Expected Move Analysis
Consecutive Expected Move Touches
Weeks in a row hitting expected move
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✓
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Market insight: Expected move has been touched 2 consecutive weeks, indicating consistent volatility within expected parameters.
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Weekly Closes Above Expected Move
Consecutive weeks closing above expected move
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✓
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Market insight: Price has closed above the expected move 2 weeks in a row, suggesting developing bullish momentum exceeding market maker expectations.
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!
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Warning: Historical data shows reversals often follow two or more consecutive breaches.
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📊 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 →
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📈 Volatility Analysis
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Weekly EM 04/17
122.67
| Previous Week: |
166.91 |
↓ 26.5% lower |
| 4-Week Avg: |
170.22 |
↓ 27.9% lower |
| YTD Avg: |
142.87 |
↓ 14.1% lower |
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Daily EM 04/13
68.38
| 20-Day Avg: |
71.64 |
↓ 5% lower |
| YTD Avg: |
57.34 |
↑ 19% higher |
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What This Means for the Market
The current volatility environment shows expected moves in a stable to contracting state, with levels close to YTD averages. This typically indicates:
- Market makers have good control of price action
- Institutional positioning is relatively balanced
- There's a consensus view on market direction and risk
These conditions often reflect a market that has found equilibrium between buyers and sellers across different timeframes.
