|
ScenarioSM Study for March Soybean Oil(CBOT) as of May 17, 2024 | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Condition 1:
Higher Monthly Close. Action ---> Buy that month's close with objective of exceeding month's high within 2 months. | ||||||||||||
Tested Month | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
Tested Years | 44 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | |
Closed Higher | 23 | 21 | 21 | 19 | 24 | 17 | 25 | 24 | 16 | 17 | 25 | |
Exceeded High | 17 | 17 | 14 | 13 | 18 | 15 | 19 | 16 | 12 | 13 | 19 | |
Scenario Percentage | 74% | 81% | 67% | 68% | 75% | 88% | 76% | 67% | 75% | 76% | 76% | |
Avg Max Increase | 11.12% | 10.48% | 13.24% | 9.76% | 7.07% | 10.20% | 10.00% | 9.76% | 13.52% | 12.70% | 6.05% | |
Max Increase | 39.42% | 27.83% | 69.44% | 51.45% | 28.43% | 22.17% | 18.98% | 24.14% | 34.27% | 32.65% | 14.61% | |
Avg Days To Max Increase | 17 | 13 | 16 | 15 | 16 | 18 | 17 | 14 | 18 | 8 | 7 | |
Avg Max Decline | -1.67% | -1.98% | -1.47% | -3.85% | -2.12% | -2.38% | -1.92% | -2.44% | -2.43% | -1.93% | -0.70% | |
Max Decline | -5.02% | -6.38% | -3.74% | -10.77% | -9.39% | -5.59% | -5.22% | -9.47% | -6.21% | -3.28% | -3.60% | |
Avg Days to Max Decline | 13 | 7 | 9 | 9 | 7 | 6 | 8 | 12 | 10 | 6 | 2 | |
2024 Contract Condition | Yes | Yes | Yes | Yes | ||||||||
Action | Yes | No | No | No |
Copyright © 1989- Moore Research Center, Inc. All Rights Reserved. |
---|
Copyright © 2024 Moore Research Center, Inc. All Rights Reserved. | ||
www.mrci.com | sales@mrci.com | |
Phone: 541-525-0521 |