We expect a $129549 movement on ES within 4 hours following the release of Employment Change at 2023-03-16 00:30. We expect ES to trend downwards 4 hours following the event release at 2023-03-16 00:30 if the released value is > 48.5K. A price movement of 3300 pips is expected.
Historical events that allowed us to draw this conclusion
15 Dec 00:30 |
17 Nov 00:30 |
16 Jun 01:30 |
17 Mar 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
