Based on the last 12 Retail Sales MoM events in United States, we expect a 9 pip movement on NG for the next 12 hours. We expect NG to trend downwards for 12 hours because the released value is < 0% Historical events that allowed us to draw this conclusion
17 Nov 13:30 |
16 Sep 12:30 |
15 May 12:30 |
15 Apr 12:30 |
17 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
