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We expect a $4444 movement on ZW within 2 hours following the event release at 2024-11-14 13:30.

Based on the last 12 PPI MoM events in United States, we expect ZW to trend downwards later today. Based on these past events there is a 85.71% chance of this. We expect ZW to trend downwards 2 hours following the event release at 2024-11-14 13:30 if the released value is < 0.2%. A price movement of 825 pips is expected. Historical events that allowed us to draw this conclusion

11 Oct 12:30
13 Aug 12:30
11 Apr 12:30
12 Jan 13:30
13 Dec 13:30
15 Nov 13:30

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

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We expect a 34 pip movement on GBPUSD within 4 hours following the event release.

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DOW 30 has broken out from the Triangle pattern. Expect it to hit 44171.6779 soon.

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