Based on the last 12 Adp Employment Change events in United States, we expect RTY to trend downwards. Based on these past events there is a 71.43% chance of this. We expect RTY to trend downwards for 48 hours because the released value is > -9000K. A price movement of 6,100 pips is expected.
Historical events that allowed us to draw this conclusion
01 Apr 12:15 |
04 Mar 13:15 |
05 Feb 13:15 |
30 Oct 12:15 |
31 Jul 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
