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We expect a 1,962 pip movement on ES for the next 2 hours.

Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 1,962 pip movement on ES for the next 2 hours. We expect ES to trend upwards for 2 hours because the released value is > 0.9%

Historical events that allowed us to draw this conclusion

26 Aug 12:30
27 Jul 12:30
25 Jun 12:30
28 May 12:30
25 Mar 12:30
28 Jan 13:30

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

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