Based on the last 12 Fed Interest Rate Decision events in United States, we could see a 258 pip movement on ES for the next 12 hours. ES could trend upwards for 12 hours because the released value is = 4.5%
Historical events that allowed us to draw this conclusion
29 Jan 19:00 |
07 Nov 19:00 |
31 Jul 18:00 |
12 Jun 18:00 |
01 May 18:00 |
20 Mar 18:00 |
13 Dec 19:00 |
01 Nov 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
