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We expect NE to trend downwards today with a 66.67% chance.

Based on the last 12 Durable Goods Orders MoM events in United States, we expect NE to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 7.2%

Historical events that allowed us to draw this conclusion

25 Mar 12:30
27 Feb 13:30
27 Nov 13:30
27 Sep 12:30
25 Jul 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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