Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $0 movement on 6S within 48 hours following the event release at 04 Jan 15:00. We expect 6S to trend downwards 48 hours following the event release at 04 Jan 15:00 if the released value is < 60 Historical events that allowed us to draw this conclusion
02 Aug 14:00 |
03 May 14:00 |
01 Feb 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
