We expect a $42,258.938 movement on ES within the next 4 hours. We expect ES to trend upwards 4 hours following the Balance of Trade events in United Kingdom release because the released value is < £-2.8B. A price movement of 975 pips is expected. Historical events that allowed us to draw this conclusion
10 Sep 06:00 |
12 Aug 06:00 |
13 Apr 06:00 |
15 Jan 07:00 |
10 Dec 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
