TradeSharp Tools · ESM26 · Reading the market's own range

ES EXPECTED MOVE TRACKER

SM · VIX-derived daily sigma envelope · Price action context, not signals

Daily EM = SPX × (VIX ÷ 100) × √(1÷252) · ±1σ ≈ 68% containment · ±2σ ≈ 95%
$SPX
$VIX
ESM26
Updated
Manual override · auto-populates from Barchart on load
S&P 500 Index
CBOE Vol Index
ES vs SPX fair-value gap
Standard = 252
Daily implied move
SPX / ES Sigma Levels
Envelope · Last 8 Sessions
SPX close
+σ bands
−σ bands
Session history
Recent Sessions
ES $50/pt · MES $5/pt · Barchart 15-min delay
DateSPX CloseVIXChg ±1σ pts±2σ ptsES ±1σ $MES ±1σ $Regime
Live charts · Barchart.com
$VIX · CBOE Volatility Index
VIX live chart — Barchart
ESM26 · E-Mini S&P 500 June Futures
ESM26 live chart — Barchart
SM · Methodology — Reading price itself

The daily expected move is derived directly from VIX: EM = SPX × (VIX÷100) × √(1÷252). VIX represents the 30-day annualised implied volatility priced into SPX options — dividing by √252 converts this to a single-session 1-standard-deviation range. The ±1σ band captures ~68% of expected closes; ±2σ captures ~95%. ES dollar value uses the standard $50/point multiplier (MES $5/pt). This is not a signal — it is the market's own read of range. Use it as context for Al Brooks structure setups: BO trades need to exceed the expected move; fades set up near sigma extremes. Data from Barchart.com (15-min delayed).