We expect a $36,387 movement on ES within the next 2 hours.

We expect a $36,387 movement on ES within the next 2 hours. We expect ES to trend upwards 2 hours following the Retail Sales MoM events in Australia release because the released value is < 0%. A price movement of 1,200 pips is expected. Historical events that allowed us to draw this conclusion

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