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We expect SP to trend upwards today with a 80% chance.

Based on the last 12 Retail Sales MoM events in United States, we expect SP to trend upwards later today. Based on these past events there is a 80% chance of this. We expect SP to trend upwards 48 hours following the event release at 17 Mar 12:30 if the released value is > 0.2%. A price movement of 7,009 pips is expected.

Historical events that allowed us to draw this conclusion

15 Nov 13:30
13 Sep 12:30
15 Aug 12:30
18 Apr 12:30

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

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We expect KC to trend downwards right now.

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Microsoft Corporation is approaching the support line of a Support. It has touched this line numerous times in the last 5 days.

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