Expected Key Points NQ/NDX 12 May 2022

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NQ/NDX 12 May 2022

The current implied volatility is at 40.1%/year
So that converted into daily is 2.53%

The opening of today was 11970

So based on that our channel for today is going to be compressed within
TOP 12300
BOT 11700
with a probability chance of 79.8% based on the last 5395 candles


From fundamental point, today we have
PPI and initial jobless claims releases and these mark a huge volatility moment
At the same time the current values are expected to be bearish.

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