Since our last trade analysis, STOXX50 reached our target at 4,370 from the W Formation pattern that broke up and out of.
Today, we have our confirmation of another bullish pattern for upside, the Box Formation.
The price has broken up and above the pattern and we have upward momentum indicators confirming upside to come including:
7>21>200 -...
STOXX50 Volatility Analysis 21-25 Nov 2022
We can see that currently the implied volatility for this week is around 3.08%, raising from 3.07% of last week , according to VDAX data
(DAX Volatility Index which is highly correlated with VOLATILITY INDEX for STOXX)
With this in mind, currently from ATR point of view we are located in the 2th percentile, while...
STOXX 50 Monthly Forecast Movements 1-30 November 2022
We can see that for this month, the implied volatility is around 7.3%, increasing from 7.18% of last month.
This is currently placing us in the 60th percentile according to ATR and 91th according to VDAX.
Based on this percentile calculation, on average the monthly movement for the candle(from open of the...
see FDAX1! , 6 month ago dax was in this condition so you will see 4000 then 4100
we strongly recomand dont sell (when price is above daily ema200) only looking for buy in deep and hold it until 4000(new high)
if you have old sell now,close it near 3600 and pick buy and hold near 3 week
instead sell,enjoy bull market,looking only buy,buystop on 15min high
