🔍 Week in Review
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Open
7,473.45
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Close
7,580.06
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Weekly Change
↑ 106.61 (+1.43%)
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Our Bullish Friday prediction from Wednesday was correct, with price closing higher than Wednesday's level.
The Weak Strength prediction was incorrect. A Weak Strength prediction requires the price to stay within 15 handles of Wednesday's close, but it moved more than that.
📊 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 1 week in a row, which is normal market behavior. Expected moves are designed to be touched approximately 68% of the time.
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There are no significant consecutive closes in either the weekly or daily timeframe.
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📊 MEGA0DTE Weekly Scorecard
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Week of 05/29 — Expected Move Breaches
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2
Upper breach
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0
Lower breach
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5
No breach
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■ Breached upper EM ■ Breached lower EM ■ Within range
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| △ Earnings caution: Avoid MEGA0DTE setups on AVGO next week — earnings expected moves override standard EM levels and invalidate the setup. |
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Load MEGA0DTE indicator in ThinkorSwim
Levels refreshed Friday close — new EM ranges inside
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Load indicator → |
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📅 Upcoming Earnings
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Week of May 29 — 7 reports scheduled
Consumer discretionary
Information technology
Other
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Full schedule + expected moves
Dates, times & EM levels for all 7
View schedule → |
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Plot levels in ThinkorSwim
Load earnings EM on your chart
Load indicator → |
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📈 Volatility Analysis
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Weekly EM 06/05
100.92
| Previous Week: |
113.80 |
↓ 11.3% lower |
| 4-Week Avg: |
115.52 |
↓ 12.6% lower |
| YTD Avg: |
134.32 |
↓ 24.9% lower |
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Daily EM 06/01
46.76
| 20-Day Avg: |
46.68 |
↑ 0% higher |
| YTD Avg: |
53.72 |
↓ 13% lower |
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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.
