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We expect ES to trend upwards today with a 85.71% chance.

Based on the last 12 Existing Home Sales events in United States, ES could trend upwards later today. Based on these past events there is a 85.71% chance of this. If the released value is < 5.4M we could see ES trend upwards 4 hours following the event release at 21 Jun 14:00. Historical events that allowed us to draw this conclusion

19 May 14:00
20 Apr 14:00
18 Mar 14:00
22 Dec 15:00
22 Sep 14:00
22 Jul 14:00

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

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AUDUSD could trend upwards today with a 85.71% chance.

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