Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect a 4,120 pip movement on RTY within 2 hours following the event release at 18 Jun 12:30 UTC. We expect RTY to trend upwards 2 hours following the event release at 18 Jun 12:30 UTC if the released value is < -23 Historical events that allowed us to draw this conclusion
21 May 12:30 |
19 Mar 12:30 |
19 Dec 13:30 |
17 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
