📊 The Final Tick

🔍 Week in Review

Open 7,398.88 Close 7,408.50 Weekly Change ↑ 9.62 (+0.13%)

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 02 ↗ ✓ Market insight: Expected move has been touched 2 consecutive weeks, indicating consistent volatility within expected parameters. There are no significant consecutive closes in either the weekly or daily timeframe.

📈 Current SPX-ES Spread: 21.00 Please update your trading indicators accordingly with the new spread

📊 MEGA0DTE Weekly Scorecard

Week of 05/15 — Expected Move Breaches 0 Upper breach 0 Lower breach 7 No breach AAPL — Held TSLA — Held MSFT — Held GOOGL — Held META — Held AMZN — Held AVGO — Held ■ Breached upper EM   ■ Breached lower EM   ■ Within range △ Earnings caution: Avoid MEGA0DTE setups on NVDA next week — earnings expected moves override standard EM levels and invalidate the setup. Load MEGA0DTE indicator in ThinkorSwim Levels refreshed Friday close — new EM ranges inside Load indicator →

📅 Upcoming Earnings

Week of May 18 — 7 reports scheduled Communication services BIDU Consumer discretionary DECK ROST TGT WMT Consumer staples ELF Information technology NVDA Full schedule + expected moves Dates, times & EM levels for all 7 View schedule → Plot levels in ThinkorSwim Load earnings EM on your chart Load indicator →

📈 Volatility Analysis

Weekly EM 05/22 136.24 Previous Week: 111.12 ↑ 22.6% higher 4-Week Avg: 121.59 ↑ 12.1% higher YTD Avg: 137.02 ↓ 0.6% lower

Daily EM 05/18 61.13 20-Day Avg: 46.60 ↑ 31% higher YTD Avg: 54.24 ↑ 13% higher

What This Means for the Market

The expansion of daily expected move while weekly expected move remains stable suggests short-term volatility developing within a controlled longer-term environment. This pattern typically occurs when:

• Short-term traders are becoming more active while institutional positioning remains stable
• There are emerging day-to-day catalysts affecting markets
• Intraday liquidity is reducing while longer-term liquidity remains adequate

This environment often indicates a market that's experiencing increasing noise in daily price action without yet affecting the broader trend.