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We expect a $0 movement on NE within 12 hours following the event release at 21 May 14:00.

Based on the last 12 Existing Home Sales events in United States, we expect a $0 movement on NE within 12 hours following the event release at 21 May 14:00. We expect NE to trend upwards 12 hours following the event release at 21 May 14:00 if the released value is > 6.09M

Historical events that allowed us to draw this conclusion

19 Feb 15:00
22 Jan 15:00
19 Nov 15:00
22 Oct 14:00
21 Aug 14:00

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

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