VIX Weekly Volatility Forecast 31/10 - 04/11 2022

VIX Weekly Volatility Forecast 31/10 - 04/11 2022

Currently the volatility for this week is around 12.11% , up from expected 8.8% last week.
According to ATR calculation, currently the volatility is located around 10th percentile.

Under this circumstances the expected movement of the candle is :
BEAR : 9.4% from the opening point of the weekly candle
BULL : 11.6% from the opening point of the weekly candle

At the same time, currently there is 22.8% that the movement within this weekly candle is going to
break and close either above or below the next channel:
TOP: 29.3
BOT: 24.5

Lastly, taking into account the previous weekly high and low there is a :
35% chance that we are going to touch the previous week high
60% chance that we are going to touch the previous week low