MRCI Online
|
| ScenarioSM Study for January Soybean Meal(CBOT) as of May 09, 2024 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 21 | 23 | 18 | 25 | 17 | 20 | 22 | 19 | |
| Exceeded High | 16 | 19 | 17 | 18 | 17 | 12 | 21 | 14 | 15 | 14 | 11 | |
| Scenario Percentage | 70% | 79% | 77% | 86% | 74% | 67% | 84% | 82% | 75% | 64% | 58% | |
| Avg Max Increase | 7.17% | 9.89% | 14.72% | 12.68% | 11.49% | 11.32% | 10.38% | 13.30% | 10.03% | 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 | 13 | 16 | 15 | 16 | 17 | 15 | 14 | 17 | 12 | 9 | |
| Avg Max Decline | -1.83% | -2.04% | -1.63% | -2.20% | -1.96% | -3.14% | -1.64% | -2.07% | -2.52% | -2.21% | -1.19% | |
| Max Decline | -5.39% | -7.65% | -6.28% | -6.47% | -10.72% | -5.93% | -8.77% | -7.34% | -7.95% | -5.87% | -4.98% | |
| Avg Days to Max Decline | 13 | 12 | 8 | 7 | 7 | 10 | 6 | 7 | 6 | 7 | 4 | |
| 2024 Contract Condition | Yes | Yes | Yes | Yes | Yes | Yes | ||||||
| Action | Yes | No | No | 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.
