We expect a $216544 movement on ES within the next 4 hours. We expect ES to trend upwards 4 hours following the Durable Goods Orders MoM events in United States release because the released value is > -0.4%. A price movement of 5825 pips is expected.
Historical events that allowed us to draw this conclusion
27 Jul 12:30 |
25 Feb 13:30 |
23 Dec 13:30 |
27 Oct 12:30 |
27 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
