Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $11.833 movement on SI within 4 hours following the event release at 03 May 14:00. We expect SI to trend upwards 4 hours following the event release at 03 May 14:00 if the released value is < 65 Historical events that allowed us to draw this conclusion
01 Dec 15:00 |
01 Oct 14:00 |
01 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
