🔍 Week in Review
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Open
7,354.02
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Close
7,482.71
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Weekly Change
↑ 128.69 (+1.75%)
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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 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
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✓
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Market insight: Expected move has been touched 3 consecutive weeks, an extraordinary streak that suggests market makers are consistently calibrating volatility correctly.
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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 07/02 — Expected Move Breaches
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5
Upper breach
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0
Lower breach
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3
No breach
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■ Breached upper EM ■ Breached lower EM ■ Within range
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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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📈 Volatility Analysis
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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 |
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Daily EM 07/06
47.88
| 20-Day Avg: |
64.04 |
↓ 25% lower |
| YTD Avg: |
55.00 |
↓ 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.