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There is a 66.67% chance of NQ trending downwards

Based on past United States Michigan Consumer Sentiment Prel news events there is a 66.67% chance of NQ trending downwards. We expect this to happen because the released value is < 58. A price movement of 29,287 pips may be on the cards. Historical events that allowed us to draw this conclusion

11 Mar 15:00
11 Feb 15:00
14 Jan 15:00
17 Sep 14:00
13 Aug 14:00
16 Jul 14:00

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

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