Based on the last 12 Balance of Trade events in Australia, we could see a $824638 movement on NQ within the next 4 hours. We may see NQ trend downwards for 4 hours because the released value is < A$7.30B Historical events that allowed us to draw this conclusion
07 Mar 00:30 |
05 Feb 00:30 |
07 Dec 00:30 |
07 Sep 01:30 |
08 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).