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We expect ZO to trend upwards with a 87.5% chance.

Based on the last 12 Durable Goods Orders MoM events in United States, ZO could experience an upwards trend. Based on these past events there is a 87.5% chance of this, and the trend could last 48 hours because the released value is > -10.8%.

Historical events that allowed us to draw this conclusion

26 Jun 12:30
27 May 12:30
24 Apr 12:30
27 Feb 13:30
25 Oct 12:30
26 Sep 12:30
26 Aug 12:30

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

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