Expected Key Points NDX/NQ 11 May 2022

11 May 2022

NQ/ NDX 11 May 2022

The current implied volatility is at 41.43%/year
So that converted into daily is 2.62%

The opening price was on 12320

So based on that our
TOP 12650
BOT 12000
This channel has a 80% change to sustain based on the last 5394 candles

At the same time with 88% we can affirm that the price is going to be above
TOP 12360
BOT 12300

From fundamental point, today we have CPI release and this marks a huge volatility moment
From volume point, current POC is around 12410

We can expect now with close to 70% that the market is going to end up between
TOP 12350 - 12650
BOT 12000 - 12300