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We expect CL to trend upwards today with a 75% chance.

We expect CL to trend upwards later today. Based on these past Germany ZEW Economic Sentiment Index news events there is a 75% chance of this. We expect this to happen if the released value is > 86. A price movement of 52 pips is expected.

Historical events that allowed us to draw this conclusion

11 May 09:00
16 Mar 10:00
16 Feb 10:00
19 Jan 10:00
15 Sep 09:00
11 Aug 09:00

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

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Breach of resistance could mean a start of a bullish trend on 10 year US Treasury Note SEPTEMBER 2021

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We expect a $4,136.325 movement on S within the next 4 hours.

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