We expect NQ to trend upwards for the next 48 hours. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 75% chance of this. We expect this to happen because the released value is > 59. A price movement of 24450 pips is expected.
Historical events that allowed us to draw this conclusion
12 Aug 14:00 |
15 Jul 14:00 |
14 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
