We expect a $99,897.125 movement on ES within the next 2 hours. We expect ES to trend upwards 2 hours following the Ivey PMI s.a events in Canada release because the released value is > 47. A price movement of 2,575 pips is expected.
Historical events that allowed us to draw this conclusion
06 Nov 15:00 |
07 Jul 14:00 |
05 Jun 14:00 |
06 Mar 15:00 |
07 Feb 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
