MRCI Online
|
| ScenarioSM Study for March Copper(CMX) as of Jun 08, 2020 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 44 | 44 | 44 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | |
| Closed Higher | 22 | 18 | 21 | 30 | 21 | 25 | 19 | 23 | 26 | 23 | 22 | |
| Exceeded High | 16 | 12 | 20 | 22 | 17 | 14 | 12 | 20 | 23 | 21 | 16 | |
| Scenario Percentage | 73% | 67% | 95% | 73% | 81% | 56% | 63% | 87% | 88% | 91% | 73% | |
| Avg Max Increase | 8.45% | 8.27% | 8.32% | 7.14% | 9.62% | 14.56% | 15.86% | 10.84% | 9.17% | 9.69% | 7.59% | |
| Max Increase | 22.59% | 19.55% | 30.92% | 19.39% | 26.95% | 42.58% | 62.39% | 35.25% | 39.26% | 26.97% | 22.18% | |
| Avg Days To Max Increase | 15 | 23 | 17 | 17 | 20 | 19 | 23 | 17 | 15 | 14 | 17 | |
| Avg Max Decline | -2.14% | -2.39% | -1.40% | -2.70% | -3.35% | -2.61% | -2.38% | -3.68% | -2.41% | -3.26% | -2.06% | |
| Max Decline | -14.06% | -8.82% | -5.01% | -15.30% | -9.63% | -10.21% | -6.80% | -10.31% | -9.34% | -13.65% | -8.10% | |
| Avg Days to Max Decline | 8 | 10 | 5 | 11 | 15 | 8 | 15 | 9 | 8 | 8 | 4 | |
| 2020 Contract Condition | Yes | Yes | Yes | Yes | Yes | Yes | ||||||
| Action | Yes | Yes | Yes | Yes | Yes | Not Yet | ||||||
| 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.
