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We expect CL to trend downwards for the next 48 hours.

Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect CL to trend downwards for the next 48 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is < 23 Historical events that allowed us to draw this conclusion

15 Jul 12:30
17 Jun 12:30
17 Dec 13:30
20 Aug 12:30

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

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