We expect NIY to trend upwards for the next 48 hours.

Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect NIY to trend upwards for the next 48 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > 65

Historical events that allowed us to draw this conclusion

03 Nov 14:00
03 Sep 14:00
04 Aug 14:00
03 Jun 14:00
03 Feb 15:00
07 Jan 15:00

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

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