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We expect ES to trend downwards today with a 75% chance.

Based on the last 12 Balance of Trade events in Germany, we expect ES to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > €4.5B

Historical events that allowed us to draw this conclusion

02 Nov 07:00
04 May 06:00
04 Apr 06:00

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

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Esperamos un movimiento en $122665 del RTY dentro de 48 horas siguiendo la publicación de Balanza Comercial el 2023-01-05 07:00.

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