We expect a $116625 movement on ES within 2 hours following the release of Unemployment Rate at 2023-01-03 08:55. We expect ES to trend upwards 2 hours following the event release at 2023-01-03 08:55 if the released value is < 5.6%. A price movement of 3000 pips is expected. Historical events that allowed us to draw this conclusion
02 Mar 08:55 |
04 Jan 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).