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We expect ES to trend upwards today with a 80% chance.

Based on the last 12 ISM Manufacturing PMI events in United States, we expect ES to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 49.5

Historical events that allowed us to draw this conclusion

01 May 14:00
03 Feb 15:00
03 Jan 15:00
02 Dec 15:00

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

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After testing the resistance line numerous times, BTCEUR is once again approaching this line. Can we expect a bullish trend to follow?

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We expect EURUSD to trend downwards today with a 75% chance.

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