If the released value is > 0.588M for the New Home Sales event, we could see a $4,925,544 movement on NQ within 48 hours following the release at 24 Jun 14:00. This movement may form an downwards trend for 48 hours following the event release at 24 Jun 14:00.
Historical events that allowed us to draw this conclusion
26 Jan 15:00 |
24 Sep 14:00 |
24 Aug 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).