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A $0.01 movement could be seen on 6S within 48 hours following the release of ISM Non-Manufacturing PMI.

If the released value is > 58.5 for the ISM Non-Manufacturing PMI event, we could see a $0.01 movement on 6S within 48 hours following the release at 04 May 14:00. This movement may form an downwards trend for 48 hours following the event release at 04 May 14:00.

Historical events that allowed us to draw this conclusion

03 Feb 15:00
03 Dec 15:00
03 Nov 14:00
03 Sep 14:00
04 Aug 14:00

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

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