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We expect a 430 pip movement on RTY within 12 hours following the event release.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect RTY to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 53.5

Historical events that allowed us to draw this conclusion

08 Nov 15:00
13 Sep 14:00
16 Aug 14:00

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

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