We expect a $46811 movement on RTY within 2 hours following the release of Industrial Production YoY at 2023-04-13 09:00. We expect RTY to trend downwards 2 hours following the event release at 2023-04-13 09:00 if the released value is > 1.5%. A price movement of 2615 pips is expected.
Historical events that allowed us to draw this conclusion
15 Mar 10:00 |
13 Jan 10:00 |
12 Oct 09:00 |
12 Aug 09:00 |
13 Jul 09:00 |
13 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).