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ScenarioSM Study for September Natural Gas(NYM) as of Dec 06, 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 | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
Tested Years | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 35 | 35 | 35 | |
Closed Higher | 16 | 14 | 10 | 13 | 16 | 19 | 21 | 23 | 16 | 14 | 13 | |
Exceeded High | 12 | 11 | 7 | 11 | 15 | 16 | 21 | 22 | 12 | 10 | 12 | |
Scenario Percentage | 75% | 79% | 70% | 85% | 94% | 84% | 100% | 96% | 75% | 71% | 92% | |
Avg Max Increase | 6.45% | 6.39% | 10.29% | 12.98% | 14.90% | 15.37% | 17.03% | 16.03% | 17.63% | 14.62% | 16.49% | |
Max Increase | 14.51% | 15.76% | 25.70% | 40.58% | 29.66% | 48.89% | 63.48% | 46.20% | 38.74% | 44.05% | 44.41% | |
Avg Days To Max Increase | 17 | 12 | 20 | 18 | 23 | 16 | 17 | 15 | 19 | 16 | 16 | |
Avg Max Decline | -3.81% | -2.73% | -2.05% | -1.38% | -3.35% | -2.60% | -3.67% | -4.72% | -4.00% | -6.68% | -4.69% | |
Max Decline | -12.68% | -9.97% | -5.31% | -5.36% | -15.19% | -6.78% | -7.94% | -12.27% | -11.97% | -18.51% | -11.41% | |
Avg Days to Max Decline | 11 | 5 | 14 | 7 | 11 | 8 | 10 | 10 | 9 | 11 | 5 | |
2024 Contract Condition | Yes | Yes | Yes | |||||||||
Action | Yes | Yes | Yes |
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Action ---> Sell that month's close with objective of penetrating month's low within 2 months.