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We expect CC to trend downwards today.

Based on the last 12 Continuing Jobless Claims events in United States, we expect CC to trend downwards later today. Based on these past events there is a 87.5% chance of this. We expect CC to trend downwards 4 hours following the event release at 03 Jun 12:30 if the released value is > 3615K. A price movement of 2,550 pips is expected.

Historical events that allowed us to draw this conclusion

20 May 12:30
06 May 12:30
29 Apr 12:30
15 Apr 12:30
08 Apr 12:30
01 Apr 12:30
18 Mar 12:30

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

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We expect a $219,495.762 movement on ES within 12 hours following the event release at 03 Jun 12:15.

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