United States Housing Starts News Event – a possible $2,399,100 movement on NIY

Based on the last 12 Housing Starts events in United States, we expect a $2,399,100 movement on NIY within 2 hours following the event release at 16 Dec 13:30. We expect NIY to trend downwards 2 hours following the event release at 16 Dec 13:30 if the released value is > 1.568M

Historical events that allowed us to draw this conclusion

21 Sep 12:30
16 Apr 12:30
21 Jan 13:30
17 Dec 13:30