Based on the last 12 ISM Manufacturing PMI events in United States, a $9.043 movement could occur on SB within 12 hours following the event release at 02 May 14:00. We expect SB to trend downwards 12 hours following the event release at 02 May 14:00 if the released value is > 57.6
Historical events that allowed us to draw this conclusion
01 Feb 15:00 |
01 Dec 15:00 |
01 Nov 14:00 |
01 Oct 14:00 |
01 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
