We expect ES to trend upwards later today. Based on these past United States Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen if the released value is > 4.7%. A price movement of 2,475 pips is expected.
Historical events that allowed us to draw this conclusion
13 Apr 12:30 |
13 Jan 13:30 |
10 Dec 13:30 |
12 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
