Its Non-Farm: How much will ES Move?

Hi all - Happy Non-Farm Friday!

I haven't done this in a while and thought it might be helpful to share my process for estimating the size of the move that we may get on ES after the Non-Farm Payrolls data is released.

I'm not trying to make a prediction on direction here - but more understand where the boundaries could be so I can determine how to trade this (what trading tool I can pull out of my box) once the announcement comes out.

Hope it helps and please let me know if you find it useful and I'll create more posts .

Cheers,
Jeff