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We expect NKD to trend upwards right now.

Based on the last 12 ISM Manufacturing PMI events in United States, we expect NKD to trend upwards right now. Based on these past events there is a 71.43% chance of this. We expect NKD to trend upwards for the next 12 hours because the released value is > 60.9. A price movement of 22,500 pips is expected.

Historical events that allowed us to draw this conclusion

01 Apr 14:00
02 Nov 15:00
01 Sep 14:00
03 Aug 14:00
01 Jul 14:00

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

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