DAX Weekly Volatility Forecast 26-30 September

DAX Weekly Volatility Forecast 26-30 September

Currently our volatility coming from volatility token for DAX is at 3.83%, increasing from 2.55% last week, located on 60th percentile, placing us in a higher than average probability volatility environment

Based on the previous calculations, there is currently a 20% chance that the asset is going to break the channel for
TOP 12600
BOT 11970

At the same time, based on the previous calculations:
- There is a 35% chance that the previous high from last week of 12946 is going to be touched/surpassed.
- There is a 65%chance that the previous low from last week of 12200 is going to be touched/surpassed
We can deduct that we have a much higher probability to have a continuation of bearish candle than bullish.

On average the weekly candle when the asset was located around this percentile are 1.8% for bull candles and 2.56% for the bear candles from the opening price.


From the fundamental point of view, news that can affect this asset price this week:
- Monday 26 Septeptember, ECB President Lagarde Speaks
- Tuesday 27 Septeptember, ECB President Lagarde Speaks
- Wednesday 28 Septeptember, ECB President Lagarde Speaks
- CB Consumer confidence and Powell Speech for Tuesday 27 Sep
- Powell Speech for Wednesday 28 Sep
- US GDP coming on thursday 29 Sep
- German Unemployment change Friday 30 Sep
- CPI EUR Friday 30 September


Overall I believe for this week there is higher chance due to the overall global activity to have another bearish weekly candle.