Based on the last 12 Retail Sales MoM events in United States, we could expect S to trend upwards later today. Based on these past events there is a 80% chance of this. We expect S to trend upwards 2 hours following the event release at 17 May 12:30 if the released value is > 0.9%. A price movement of 1,287 pips could result.

Historical events that allowed us to draw this conclusion

16 Feb 13:30

16 Nov 13:30

15 Oct 12:30

16 Jul 12:30