Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect 6M to trend downwards later today. Based on these past events there is a 88.89% chance of this. This may happen if the released value is > 58.7
Historical events that allowed us to draw this conclusion
03 Feb 15:00 |
07 Jan 15:00 |
05 Oct 14:00 |
06 Jul 14:00 |
03 Jun 14:00 |
05 May 14:00 |
03 Apr 14:00 |
04 Mar 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
