We expect a $126,338.63 movement on RTY within 12 hours following the release of New Home Sales at 23 Mar 14:00. We expect RTY to trend upwards 12 hours following the event release at 23 Mar 14:00 if the released value is > 0.875M. A price movement of 5,654 pips is expected.
Historical events that allowed us to draw this conclusion
24 Feb 15:00 |
23 Dec 15:00 |
25 Nov 15:00 |
24 Sep 14:00 |
25 Aug 14:00 |
24 Jul 14:00 |
26 May 14:00 |
24 Mar 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
