We expect ES to trend upwards right now.

Based on the last 12 Adp Employment Change events in United States, we expect ES to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect ES to trend upwards for the next 48 hours because the released value is > 156K. A price movement of 5,100 pips is expected.

Historical events that allowed us to draw this conclusion

08 Jan 13:15

30 Oct 12:15

05 Sep 12:15

30 Jan 13:15

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