Wednesday 23 Sept - Hump Day, page-77

From what I have gathered from your posts, your ideas for trading bias, incorporate gaps and support and resistance levels.
Very roughly these levels are "revert to mean" indicators--
Forget Theotrade for a minute, [although I watch his free utube videos] and like primaus72, I like them,
another "revert to mean" type bias is this "expected move" and this time it is based on implied volatility of the index.
To arrive at an implied volatility value is an art form, I realise that, however if that can be done, then logically these levels make sense.