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We expect ES to trend upwards today with a 75% chance.

Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect ES to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 10

Historical events that allowed us to draw this conclusion

16 Jan 13:30
19 Sep 12:30
15 Aug 12:30
18 Jul 12:30
16 May 12:30
21 Mar 12:30

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

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