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There is a 80% chance of ES trending downwards

We expect ES to trend downwards later today. Based on these past Japan Tankan Large Manufacturers Index news events there is a 80% chance of this. We expect this to happen if the released value is > 6. A price movement of 2875 pips is expected.

Historical events that allowed us to draw this conclusion

31 Mar 23:50
30 Sep 23:50
31 Mar 23:50
31 Mar 23:50

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

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Esperamos un movimiento en $116638 del ES dentro de 2 después del evento publicado a las 2022-12-13 23:50.

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