These are my term 2 results so far
Chemistry: 32/35 =91% (top 10 overall/ ~50)
Biology: 32/40 = 80% (top 10 /~ 70)
3U math: 34/40 = 85% Rank 19/51
2U math: 33/35 =92% Rank 18/98
English: 18/20 = 90% top 5/45
Ancient history: 22/25 = 88% top 5/35
My school really bad and in a low socio-eco area, bottom 25%
rank in 2022 was in the 250s and in 2021 was 130s
Im worried that the scaling will affect me a lot as I'm not in the top 10 OVERALL... but teachers say my cohort is stronger than 22'
Estimations and comments pls
To improve the accuracy of estimates that you might receive, it would be a good idea to also include the number of band 6's/E4's achieved at your school in each of your subjects. You should also specify the level of English that you are taking. I will assume that you are taking English Advanced. Based on the information that you have provided, I believe that your current performance is consistent with an ATAR between 87 and 89.
Your performance in Mathematics Advanced appears to be of a good standard, meaning that it will likely make a positive contribution to your ATAR. Because of this, it is important to ensure that you maximise your preparations for this subject, which can also (ideally) improve your rank. Of course, the higher your rank, the higher your Assessment Mark is likely to be for this subject (this applies to all other subjects).
The same can be said, although perhaps to a slightly lesser extent about English Advanced and Ancient History. You should therefore do your utmost to maintain your current position in both subjects and if possible, improve your rank. Favourable performance is important, especially for English Advanced, being the subject that will always count towards your ATAR.
In terms of your other subjects, you also seem to be on the right track. This brings us to the fact that, while you definitely have an opportunity to improve, your performance in the rest of your subjects, your current performance is not necessarily unfavourable, which is likely a good indicator going forward.
I hope this helps!