We expect RTY to trend downwards for the next 12 hours. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 75% chance of this. We expect this to happen because the released value is < 80. A price movement of 2,000 pips is expected.Historical events that allowed us to draw this conclusion
|17 Jul 14:00|
|09 Apr 14:00|
|17 Jan 15:30|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).