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We expect a $99,897.125 movement on ES within the next 2 hours.

We expect a $99,897.125 movement on ES within the next 2 hours. We expect ES to trend upwards 2 hours following the Ivey PMI s.a events in Canada release because the released value is > 47. A price movement of 2,575 pips is expected.

Historical events that allowed us to draw this conclusion

06 Nov 15:00
07 Jul 14:00
05 Jun 14:00
06 Mar 15:00
07 Feb 15:00

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

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Important price line breached by AUS200. This price has been tested numerous times before.

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