Based on the last 12 Ivey PMI s.a events in Canada, we expect a 6212 pip movement on ES within 12 hours following the event release at 2022-12-06 15:00. We expect ES to trend upwards 12 hours following the event release at 2022-12-06 15:00 if the released value is > 49
Historical events that allowed us to draw this conclusion
07 Sep 14:00 |
07 Jun 14:00 |
06 Apr 14:00 |
04 Feb 15:00 |
07 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
