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We expect HE to trend upwards right now.

Based on the last 12 Durable Goods Orders MoM events in United States, HE could experience an upwards trend. Based on these past events there is a 87.5% chance of this, and the trend could last 4 hours because the released value is > -0.1%.

Historical events that allowed us to draw this conclusion

24 May 12:30
24 Apr 12:30
26 Mar 12:30
22 Dec 13:30
26 Oct 12:30
27 Sep 12:30
27 Jun 12:30

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

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