|
ScenarioSM Study for July Brent Crude Oil(ICE) as of Sep 16, 2022 | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Condition 1:
Higher Monthly Close. Action ---> Buy that month's close with objective of exceeding month's high within 2 months. | ||||||||||||
Tested Month | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
Tested Years | 17 | 28 | 28 | 28 | 31 | 31 | 31 | 31 | 32 | 33 | 33 | |
Closed Higher | 12 | 19 | 14 | 13 | 14 | 15 | 15 | 15 | 20 | 20 | 21 | |
Exceeded High | 10 | 18 | 11 | 12 | 8 | 13 | 14 | 15 | 19 | 18 | 18 | |
Scenario Percentage | 83% | 95% | 79% | 92% | 57% | 87% | 93% | 100% | 95% | 90% | 86% | |
Avg Max Increase | 6.83% | 8.14% | 10.32% | 8.86% | 8.51% | 9.52% | 12.72% | 15.47% | 13.28% | 12.16% | 6.70% | |
Max Increase | 17.79% | 21.34% | 28.84% | 20.55% | 13.97% | 17.99% | 28.48% | 51.85% | 39.87% | 26.78% | 21.66% | |
Avg Days To Max Increase | 16 | 17 | 13 | 12 | 22 | 14 | 17 | 13 | 17 | 15 | 15 | |
Avg Max Decline | -2.07% | -1.05% | -1.47% | -1.31% | -1.87% | -2.04% | -2.09% | -2.71% | -2.64% | -3.51% | -1.92% | |
Max Decline | -11.06% | -11.67% | -5.52% | -4.92% | -3.57% | -8.71% | -8.65% | -11.14% | -15.72% | -11.90% | -8.53% | |
Avg Days to Max Decline | 10 | 9 | 8 | 4 | 7 | 7 | 9 | 5 | 8 | 8 | 4 | |
2022 Contract Condition | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |||
Action | Yes | Yes | Yes | No | Yes | Yes | Yes | No | Yes |
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 |