📊 The Final Tick

🔍 Week in Review

Open
7,354.02
Close
7,482.71
Weekly Change
↑ 128.69 (+1.75%)

Our Bullish Friday prediction from Wednesday was correct, with price closing higher than Wednesday's level.

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

03

Market insight: Expected move has been touched 3 consecutive weeks, an extraordinary streak that suggests market makers are consistently calibrating volatility correctly.

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

📈 Current SPX-ES Spread: 49.00

Please update your trading indicators accordingly with the new spread

📊 MEGA0DTE Weekly Scorecard

Week of 07/02 — Expected Move Breaches

5
Upper breach
0
Lower breach
3
No breach
AAPL
▲ Upper
NVDA
— Held
TSLA
— Held
MSFT
▲ Upper
GOOGL
▲ Upper
META
▲ Upper
AMZN
▲ Upper
AVGO
— Held

Breached upper EM    Breached lower EM    Within range

Load MEGA0DTE indicator in ThinkorSwim
Levels refreshed Friday close — new EM ranges inside
Load indicator →

📈 Volatility Analysis

Weekly EM 07/10
104.12
Previous Week: 126.42 ↓ 17.6% lower
4-Week Avg: 121.26 ↓ 14.1% lower
YTD Avg: 133.85 ↓ 22.2% lower
Daily EM 07/06
47.88
20-Day Avg: 64.04 ↓ 25% lower
YTD Avg: 55.00 ↓ 13% lower

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.