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We expect CL to trend upwards today with a 66.67% chance.

We expect CL to trend upwards later today. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 66.67% chance of this. We expect this to happen if the released value is > 68. A price movement of 491 pips is expected.

Historical events that allowed us to draw this conclusion

14 Feb 15:00
11 Oct 14:00
13 Sep 14:00
17 May 14:00

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

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