Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 1,962 pip movement on ES for the next 2 hours. We expect ES to trend upwards for 2 hours because the released value is > 0.9%
Historical events that allowed us to draw this conclusion
26 Aug 12:30 |
27 Jul 12:30 |
25 Jun 12:30 |
28 May 12:30 |
25 Mar 12:30 |
28 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
