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We expect MW to trend upwards today.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect MW to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect MW to trend upwards 4 hours following the event release at 13 Sep 14:00 if the released value is < 90.9. A price movement of 212 pips is expected. Historical events that allowed us to draw this conclusion

16 Aug 14:00
19 Jul 14:00
14 Jun 14:00
18 Jan 15:00
12 Oct 14:00

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

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