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We expect a 20,075 pip movement on ES within 48 hours following the event release.

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a 20,075 pip movement on ES within 48 hours following the event release at 28 Aug 07:00 UTC. We expect ES to trend upwards 48 hours following the event release at 28 Aug 07:00 UTC if the released value is > 90

Historical events that allowed us to draw this conclusion

30 Jul 07:00
28 Feb 08:00
30 Dec 08:00
30 Oct 08:00

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

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