We expect ZN to trend downwards for the next 48 hours.

Based on the last 12 Ivey PMI s.a events in Canada, we could see a $121 movement on ZN within the next 48 hours. ZN could trend downwards for the next 48 hours because the released value is < 53.2 Historical events that allowed us to draw this conclusion

06 Feb 15:00
07 Jan 15:00
06 Dec 15:00
07 Aug 14:00
06 Jun 14:00

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

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