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We may be expecting a $46,789.525 movement on ES within 2 hours following the event release at 30 Jun 23:50.

Based on the last 12 Tankan Large Manufacturers Index events in Japan, a $46,789.525 movement could occur on ES within 2 hours following the event release at 30 Jun 23:50. We expect ES to trend upwards 2 hours following the event release at 30 Jun 23:50 if the released value is < 13 Historical events that allowed us to draw this conclusion

12 Dec 23:50
30 Jun 23:50
30 Sep 23:50
30 Jun 23:50
12 Dec 23:50

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

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