Based on the last 12 Adp Employment Change events in United States, we expect ES to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect ES to trend upwards for the next 48 hours because the released value is > 156K. A price movement of 5,100 pips is expected.
Historical events that allowed us to draw this conclusion
08 Jan 13:15 |
30 Oct 12:15 |
05 Sep 12:15 |
30 Jan 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).