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We expect ES to trend upwards today.

We expect ES to trend upwards later today. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 66.67% chance of this. We expect this to happen if the released value is > 65. A price movement of 2000 pips is expected.

Historical events that allowed us to draw this conclusion

13 Jan 15:00
09 Dec 15:00
12 Aug 14:00
15 Jul 14:00

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

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We expect USDJPY to trend upwards today with a 75% chance.

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