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We expect ES to trend upwards today with a 83.33% chance.

We expect ES to trend upwards later today. Based on these past United States Continuing Jobless Claims news events there is a 83.33% chance of this. We expect this to happen if the released value is > 3620K. A price movement of 1,787 pips is expected.

Historical events that allowed us to draw this conclusion

22 Apr 12:30
15 Apr 12:30
08 Apr 12:30
01 Apr 12:30
18 Mar 12:30

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

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