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We expect a $314,982.34 movement on ES within the next 4 hours.

We expect a $314,982.34 movement on ES within the next 4 hours. We expect ES to trend upwards 4 hours following the Durable Goods Orders MoM events in United States release because the released value is > 1.1%. A price movement of 8,062 pips is expected.

Historical events that allowed us to draw this conclusion

23 Dec 13:30
26 Aug 12:30
27 Jul 12:30
25 Jun 12:30
28 May 12:30
25 Mar 12:30
27 Feb 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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