We expect a $20.998 movement on SI within the next 48 hours.

We expect a $20.998 movement on SI within the next 48 hours. We expect SI to trend upwards 48 hours following the ISM Manufacturing PMI events in United States release because the released value is < 60. A price movement of 71 pips is expected. Historical events that allowed us to draw this conclusion

01 Dec 15:00

01 Oct 14:00

02 Mar 15:00

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