Based on the last 12 Existing Home Sales events in United States, we expect a 18,987 pip movement on ES within 12 hours following the event release at 21 Apr 14:00 UTC. We expect ES to trend downwards 12 hours following the event release at 21 Apr 14:00 UTC if the released value is > 5.3M
Historical events that allowed us to draw this conclusion
20 Mar 14:00 |
21 Feb 15:00 |
22 Jan 15:00 |
19 Sep 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
