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There is a 66.67% chance of ES trending upwards

Based on past Australia GDP Growth Rate QoQ news events there is a 66.67% chance of ES trending upwards. We expect this to happen if the released value is < -6%. A price movement of 3,162 pips is expected. Historical events that allowed us to draw this conclusion

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

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We expect NG to trend downwards today with a 66.67% chance.

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After experiencing a 3.2% bearish move in the space of 5 days, nobody knows where UK100 is headed.

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