We expect a $87,265.08 movement on ES within the next 4 hours. We expect ES to trend upwards 4 hours following the Unemployment Rate events in Germany release because the released value is = 5.9%. A price movement of 2,037 pips is expected.
Historical events that allowed us to draw this conclusion
01 Jun 07:55 |
29 Apr 07:55 |
31 Mar 07:55 |
02 Mar 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).