Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $495.962 movement on GF within 12 hours following the event release at 06 Jul 14:00. We expect GF to trend downwards 12 hours following the event release at 06 Jul 14:00 if the released value is > 63.5
Historical events that allowed us to draw this conclusion
03 Jun 14:00 |
03 Feb 15:00 |
07 Jan 15:00 |
05 Oct 14:00 |
05 Aug 14:00 |
06 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).