Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect NQ to trend upwards right now. Based on these past events there is a 71.43% chance of this. We expect NQ to trend upwards for the next 12 hours because the released value is > 52.5. A price movement of 12,037 pips is expected.
Historical events that allowed us to draw this conclusion
21 Aug 07:30 |
24 Jul 07:30 |
23 Jun 07:30 |
24 Mar 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
