Nasdaq January Monthly Volatility Analyis 2023

3 ene 2023

Nasdaq January Monthly Volatility Analyis 2023

Currently the IV for Nasdaq is at 7.66%, down from 7.8% last month.
From the volatility current percentile we are located on 93th place, and based on this we can expect the monthly candle to make the next aprox movement:
Bullish : 6.55%
Bearish : 8.58%

With this in mind we have currently 80.2% that the market is going to stay within the next channel
TOP Limit: 11987
BOT Limit: 10250

If we are going to take a look into the previous monthly high and low points, currently there is a :
37.5% to hit the previous monthly high
64.4% to hit the previous monthly low

Lastly from the technical analysis point of view, currently ( going from -100 to +100)
Weekly Timeframe : -66.67% of rating moving averages is indicating BEARISH
Monthly Timeframe : -40% of rating moving averages is indicating BEARISH