Based on the last 12 Westpac Consumer Confidence Index events in Australia, S could experience an upwards trend. Based on these past events there is a 77.78% chance of this, and the trend could last 12 hours because the released value is < 90. Historical events that allowed us to draw this conclusion
11 May 00:30 |
08 Mar 23:30 |
08 Feb 23:30 |
18 Jan 23:30 |
14 Dec 23:30 |
13 Oct 00:30 |
11 Aug 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
