Based on the last 12 ISM Manufacturing PMI events in United States, we expect a 2,409 pip movement on RTY within 4 hours following the event release at 01 Jun 14:00 UTC. We expect RTY to trend upwards 4 hours following the event release at 01 Jun 14:00 UTC if the released value is < 60.9 Historical events that allowed us to draw this conclusion
03 May 14:00 |
01 Feb 15:00 |
01 Oct 14:00 |
01 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
