Weekly Prediction 9-13 May XLE

XLE Energy Sector
9 - 13 May
The weekly VXXLE> Volatility Index for XLE Energy Sector
Implied = 38.6
In this we have to standard it for weekly session
38.6 / sqrt(52-> 52 weeks in a year) = 5.35%

My historical product is telling me with 1.2x coficient that the expected movement for this week
E Volatility = 38.93 / sqrt(52) = 5.4%

With this data, from my calculations, when EV > VIX, there were a 82.7% chance that the market
stay within the bottom and top created with the ranged from the E Vol

So for next week this range for us is going to be
TOP - 87.4
BOT - 78.5