We expect a $125244 movement on ES within the next 4 hours. We expect ES to trend upwards 4 hours following the Balance of Trade events in United States release because the released value is > $-67.7B. A price movement of 3325 pips is expected.
Historical events that allowed us to draw this conclusion
07 Jun 12:30 |
08 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
