Based on the last 12 Retail Sales MoM events in United Kingdom, we expect a 58 pip movement on ES within 2 hours following the event release at 2024-11-22 07:00. We expect ES to trend upwards 2 hours following the event release at 2024-11-22 07:00 if the released value is < -0.3% Historical events that allowed us to draw this conclusion
24 May 06:00 |
19 Apr 06:00 |
19 Jan 07:00 |
17 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
