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We expect YM to trend upwards today with a 71.43% chance.

Based on the last 12 NAB Business Confidence events in Australia, we expect YM to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is < -2 Historical events that allowed us to draw this conclusion

11 Feb 00:30
28 Jan 00:30
10 Sep 01:30
14 May 01:30
01 Apr 00:30

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

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BCHEUR has broken through resistance of a Falling Wedge. It has touched this line at least twice in the last 2 days.

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Resistance line breached by SPX500. This price has been tested at least twice before.

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