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ScenarioSM Study for December Wheat(KCBT) as of Sep 30, 2024 | ||||||||||||
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Condition 1:
Higher Monthly Close. Action ---> Buy that month's close with objective of exceeding month's high within 2 months. | ||||||||||||
Tested Month | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
Tested Years | 40 | 44 | 44 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | |
Closed Higher | 22 | 20 | 19 | 22 | 21 | 16 | 23 | 20 | 28 | 24 | 22 | |
Exceeded High | 15 | 12 | 17 | 17 | 13 | 10 | 17 | 13 | 24 | 15 | 13 | |
Scenario Percentage | 68% | 60% | 89% | 77% | 62% | 63% | 74% | 65% | 86% | 63% | 59% | |
Avg Max Increase | 10.34% | 14.87% | 11.00% | 13.84% | 16.13% | 19.10% | 13.84% | 12.93% | 7.77% | 8.55% | 3.80% | |
Max Increase | 36.74% | 37.67% | 34.95% | 40.64% | 35.83% | 63.13% | 47.21% | 30.80% | 21.25% | 16.18% | 7.72% | |
Avg Days To Max Increase | 18 | 16 | 14 | 16 | 17 | 16 | 21 | 14 | 16 | 7 | 6 | |
Avg Max Decline | -1.64% | -3.47% | -3.44% | -2.24% | -1.96% | -2.60% | -2.65% | -1.96% | -1.79% | -3.03% | -0.96% | |
Max Decline | -4.43% | -11.15% | -14.29% | -9.64% | -6.20% | -11.54% | -8.20% | -5.86% | -4.45% | -11.19% | -1.87% | |
Avg Days to Max Decline | 7 | 12 | 11 | 5 | 7 | 5 | 9 | 7 | 4 | 10 | 2 | |
2024 Contract Condition | Yes | Yes | Yes | Yes | ||||||||
Action | Yes | Yes | No | Not Yet |
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Action ---> Sell that month's close with objective of penetrating month's low within 2 months.