SPX January Monthly Volatility Analyis 2023

3 янв. 2023 г.

SPX January Monthly Volatility Analyis 2023

Currently the IV for SPX is at 6.25%, down from 6.67% last month.
From the volatility current percentile we are located on 58th place, and based on this we can expect the monthly candle to make the next aprox movement:
Bullish : 6.544%
Bearish : 6.106%

With this in mind we have currently 81.1% that the market is going to stay within the next channel
TOP Limit: 4154
BOT Limit: 3635

If we are going to take a look into the previous monthly high and low points, currently there is a :
38.18% to hit the previous monthly high
56.52% to hit the previous monthly low

Lastly from the technical analysis point of view, currently ( going from -100 to +100)
Weekly Timeframe : -26.67% of rating moving averages is indicating BEARISH
Monthly Timeframe : -13.33% of rating moving averages is indicating BEARISH