Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $31.374 movement on HE within 2 hours following the event release at 01 Mar 15:00. We expect HE to trend downwards 2 hours following the event release at 01 Mar 15:00 if the released value is < 58.8 Historical events that allowed us to draw this conclusion
01 Feb 15:00 |
01 Dec 15:00 |
01 Oct 14:00 |
02 Mar 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
