Based on the last 12 Tankan Large Manufacturers Index events in Japan, we expect RTY to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect RTY to trend downwards 12 hours following the event release at 30 Sep 23:50 if the released value is < -23. A price movement of 3,435 pips is expected. Historical events that allowed us to draw this conclusion
30 Jun 23:50 |
01 Jul 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
