Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $18.986 movement on CL within 4 hours following the event release at 05 May 14:00. We expect CL to trend upwards 4 hours following the event release at 05 May 14:00 if the released value is < 32 Historical events that allowed us to draw this conclusion
04 Dec 15:00 |
03 Oct 14:00 |
03 Jul 14:00 |
03 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
