📊 The Final Tick

🔍 Week in Review

Open
7,408.50
Close
7,473.45
Weekly Change
↑ 64.95 (+0.88%)

Our Neutral Friday prediction from Wednesday was correct, with price staying within the expected range.

The Weak Strength prediction was correct, with price staying within 15 handles of 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.

📈 Current SPX-ES Spread: 17.00

Please update your trading indicators accordingly with the new spread

📊 MEGA0DTE Weekly Scorecard

Week of 05/22 — Expected Move Breaches

1
Upper breach
0
Lower breach
7
No breach
AAPL
▲ Upper
NVDA
— Held
TSLA
— Held
MSFT
— Held
GOOGL
— Held
META
— Held
AMZN
— Held
AVGO
— Held

Breached upper EM    Breached lower EM    Within range

Load MEGA0DTE indicator in ThinkorSwim
Levels refreshed Friday close — new EM ranges inside
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📈 Volatility Analysis

Weekly EM 05/29
113.80
Previous Week: 136.24 ↓ 16.5% lower
4-Week Avg: 117.68 ↓ 3.3% lower
YTD Avg: 135.91 ↓ 16.3% lower
Daily EM 05/25
64.01
20-Day Avg: 47.76 ↑ 34% higher
YTD Avg: 54.23 ↑ 18% 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.