We expect a $90090 movement on ES within the next 2 hours. We expect ES to trend downwards 2 hours following the GDP Growth Rate QoQ 1st Est events in France release because the released value is > 0.2%. A price movement of 2200 pips is expected.
Historical events that allowed us to draw this conclusion
29 Oct 05:30 |
30 Jul 05:30 |
30 Apr 05:30 |
29 Jan 06:30 |
30 Oct 06:30 |
31 Jul 05:30 |
30 Oct 06:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).