Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $121 movement on BO within 12 hours following the event release at 2023-04-05 14:00. We expect BO to trend upwards 12 hours following the event release at 2023-04-05 14:00 if the released value is < 54.5 Historical events that allowed us to draw this conclusion
06 Jan 15:00 |
03 Nov 14:00 |
03 Jun 14:00 |
04 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
