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We expect ZB to trend upwards today with a 87.5% chance.

Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect ZB to trend upwards later today. Based on these past events there is a 87.5% chance of this. This may happen if the released value is < 44.5 Historical events that allowed us to draw this conclusion

16 Dec 08:30
24 Oct 07:30
24 Jul 07:30
23 May 07:30
18 Apr 07:30
22 Mar 08:30
21 Feb 08:30

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

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After testing 29145.0000 numerous times, US30 has finally broken through. Can we expect a bullish trend to follow?

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