MRCI Online
|
| ScenarioSM Study for January Soybean Meal(CBOT) as of Aug 18, 2023 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Condition 1:
Higher Monthly Close. Action ---> Buy that month's close with objective of exceeding month's high within 2 months. | ||||||||||||
| Tested Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| Tested Years | 43 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | |
| Closed Higher | 23 | 24 | 22 | 22 | 22 | 18 | 25 | 18 | 20 | 21 | 20 | |
| Exceeded High | 16 | 20 | 17 | 18 | 17 | 12 | 21 | 15 | 14 | 14 | 11 | |
| Scenario Percentage | 70% | 83% | 77% | 82% | 77% | 67% | 84% | 83% | 70% | 67% | 55% | |
| Avg Max Increase | 7.49% | 9.75% | 14.72% | 12.68% | 11.49% | 11.32% | 10.87% | 13.47% | 10.02% | 9.73% | 4.63% | |
| Max Increase | 13.47% | 32.65% | 49.76% | 30.42% | 30.14% | 27.74% | 39.04% | 27.86% | 22.29% | 28.44% | 6.64% | |
| Avg Days To Max Increase | 19 | 14 | 16 | 15 | 16 | 17 | 15 | 15 | 17 | 12 | 9 | |
| Avg Max Decline | -1.77% | -2.12% | -1.63% | -2.20% | -1.96% | -3.14% | -1.32% | -1.91% | -2.62% | -2.21% | -1.19% | |
| Max Decline | -5.39% | -7.65% | -6.28% | -6.47% | -10.72% | -5.93% | -3.63% | -7.34% | -7.95% | -5.87% | -4.98% | |
| Avg Days to Max Decline | 13 | 13 | 8 | 7 | 7 | 10 | 5 | 6 | 6 | 7 | 4 | |
| 2023 Contract Condition | Yes | Yes | Yes | Yes | Yes | Yes | ||||||
| Action | No | No | Yes | Yes | Yes | 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.
