Google 9 - 13 May The weekly VXGOG-> Volatility Index for Google Implied = 40.95 In this we have to standard it for weekly session 40.95 / sqrt(52-> 52 weeks in a year) = 5.68%
My historical product is telling me with 1x coficient that the expected movement for this week E Volatility = 41.19 / sqrt(52) = 5.71%
With this data, from my calculations, when EV > VIX, there were a 83.3% chance that the market stay within the bottom and top created with the ranged from the E Vol
So for next week this range for us is going to be TOP - 2447 BOT - 2183