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We expect 6A to trend downwards right now.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect 6A to trend downwards right now. Based on these past events there is a 71.43% chance of this. We expect 6A to trend downwards for the next 4 hours because the released value is > 72. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

12 Jun 14:00
15 May 14:00
13 Mar 14:00
14 Feb 15:00
11 Oct 14:00

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

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After experiencing a 2.42% bearish move in the space of 2 days, nobody knows where Soybean Oil SEPTEMBER 2020 is headed.

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