Expected Key Points Amazon 11 May 2022

Amazon 11 May 2022

The current implied volatility is at 54.27%/year
So that converted into daily is 3.42%

The yesterday close price was on 2177

So based on that our
TOP 2250
BOT 2100
This channel has a 80.5% change to sustain based on the last 3006 candles

At the same time with 89% we can affirm that the price is going to be above
TOP 2185
BOT 2170

From fundamental point, today we have CPI release and this marks a huge volatility moment
From volume point, current POC is around 2170

We can expect now with close to 70% that the market is going to end up between
TOP 2185 - 2250
BOT 2100 - 2170