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There is a 87.5% chance of RTY trending downwards

Based on the last 12 Consumer Confidence events in Switzerland, we could see a 1159 pip movement on RTY for the next 2 hours. RTY could trend downwards for 2 hours because the released value is < -23 Historical events that allowed us to draw this conclusion

02 Aug 07:00
02 May 07:00
02 Aug 07:00
02 May 07:00
01 Feb 08:00
04 Nov 08:00
04 May 07:00

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

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