MRCI Online
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| ScenarioSM Study for March Copper(CMX) as of May 10, 2021 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 23 | 19 | 21 | 30 | 21 | 25 | 19 | 24 | 26 | 24 | 22 | |
| Exceeded High | 17 | 13 | 20 | 22 | 18 | 14 | 13 | 21 | 23 | 22 | 15 | |
| Scenario Percentage | 74% | 68% | 95% | 73% | 86% | 56% | 68% | 88% | 88% | 92% | 68% | |
| Avg Max Increase | 8.92% | 9.34% | 8.41% | 7.16% | 9.33% | 14.56% | 16.14% | 10.74% | 9.90% | 10.43% | 7.58% | |
| Max Increase | 22.59% | 22.17% | 30.92% | 19.39% | 26.95% | 42.58% | 62.39% | 35.25% | 39.26% | 26.97% | 22.18% | |
| Avg Days To Max Increase | 16 | 23 | 18 | 16 | 20 | 19 | 22 | 17 | 15 | 15 | 16 | |
| Avg Max Decline | -2.14% | -2.20% | -1.32% | -2.73% | -3.58% | -2.61% | -2.25% | -3.50% | -2.33% | -3.19% | -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 | 9 | 5 | 12 | 16 | 8 | 14 | 9 | 8 | 8 | 4 | |
| 2021 Contract Condition | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | ||
| Action | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Not Yet | ||
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Action ---> Sell that month's close with objective of penetrating month's low within 2 months.
