SPX/ES 17 May 2022
The daily expected volatility is around 2%
With an 87% accuracy based on the historical data, we can assume that the price of SPX/ES today is going to be between
TOP 4080
BOT 3922
All of this taken into account with the opening price of today which was 4000*
From VOLUME POC point of view its above 114 which imply a bullish momentum at this very moment.
From Fundamental/News point of view that can affect SPX/ES price:
In 10h from now, FED Chair Powel speaks
However, be careful because even tho we have a strong 87% probability behind us, because of Powel speech, it can be easily broken
The daily expected volatility is around 2%
With an 87% accuracy based on the historical data, we can assume that the price of SPX/ES today is going to be between
TOP 4080
BOT 3922
All of this taken into account with the opening price of today which was 4000*
From VOLUME POC point of view its above 114 which imply a bullish momentum at this very moment.
From Fundamental/News point of view that can affect SPX/ES price:
In 10h from now, FED Chair Powel speaks
However, be careful because even tho we have a strong 87% probability behind us, because of Powel speech, it can be easily broken
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