MRCI Online
|
| ScenarioSM Study for August Crude Oil(NYM) as of Dec 27, 2023 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Condition 1:
Higher Monthly Close. Action ---> Buy that month's close with objective of exceeding month's high within 2 months. | ||||||||||||
| Tested Month | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
| Tested Years | 34 | 36 | 38 | 39 | 39 | 39 | 40 | 40 | 41 | 41 | 41 | |
| Closed Higher | 18 | 16 | 18 | 19 | 19 | 20 | 24 | 27 | 26 | 20 | 22 | |
| Exceeded High | 15 | 14 | 11 | 16 | 18 | 18 | 22 | 24 | 22 | 17 | 17 | |
| Scenario Percentage | 83% | 88% | 61% | 84% | 95% | 90% | 92% | 89% | 85% | 85% | 77% | |
| Avg Max Increase | 9.42% | 7.48% | 10.21% | 11.72% | 11.30% | 13.82% | 11.58% | 11.02% | 9.91% | 10.92% | 6.63% | |
| Max Increase | 28.65% | 20.96% | 14.74% | 22.27% | 27.85% | 37.68% | 29.56% | 24.96% | 28.31% | 18.91% | 13.21% | |
| Avg Days To Max Increase | 15 | 14 | 23 | 15 | 19 | 16 | 18 | 16 | 15 | 14 | 12 | |
| Avg Max Decline | -1.38% | -1.38% | -2.09% | -1.85% | -1.95% | -3.24% | -2.19% | -3.36% | -3.02% | -2.33% | -1.39% | |
| Max Decline | -4.92% | -7.41% | -9.42% | -8.41% | -9.24% | -10.57% | -14.27% | -11.02% | -9.71% | -7.11% | -4.21% | |
| Avg Days to Max Decline | 9 | 5 | 13 | 5 | 7 | 8 | 9 | 9 | 10 | 5 | 4 | |
| 2023 Contract Condition | Yes | Yes | Yes | Yes | ||||||||
| Action | Yes | No | No | Yes | ||||||||
| Copyright © 1989- Moore Research Center, Inc. All Rights Reserved. |
|---|
Action ---> Sell that month's close with objective of penetrating month's low within 2 months.
