|
ScenarioSM Study for August Soybean Meal(CBOT) as of Oct 06, 2023 | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | |
Closed Higher | 20 | 21 | 22 | 20 | 23 | 24 | 26 | 24 | 20 | 26 | 22 | |
Exceeded High | 16 | 16 | 15 | 16 | 19 | 19 | 19 | 17 | 14 | 20 | 6 | |
Scenario Percentage | 80% | 76% | 68% | 80% | 83% | 79% | 73% | 71% | 70% | 77% | 27% | |
Avg Max Increase | 11.20% | 8.94% | 9.46% | 8.33% | 9.73% | 8.94% | 12.35% | 14.51% | 17.25% | 13.02% | 9.57% | |
Max Increase | 21.18% | 19.54% | 29.40% | 18.73% | 30.93% | 22.83% | 45.55% | 61.84% | 37.46% | 29.03% | 23.80% | |
Avg Days To Max Increase | 17 | 19 | 14 | 20 | 18 | 19 | 16 | 17 | 18 | 14 | 9 | |
Avg Max Decline | -1.49% | -2.73% | -1.95% | -2.83% | -1.96% | -2.33% | -2.16% | -2.70% | -2.05% | -2.51% | -1.59% | |
Max Decline | -5.58% | -9.99% | -5.09% | -9.97% | -7.12% | -7.02% | -5.39% | -14.56% | -6.22% | -18.14% | -3.59% | |
Avg Days to Max Decline | 6 | 9 | 9 | 14 | 6 | 9 | 10 | 8 | 9 | 6 | 2 | |
2023 Contract Condition | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |||||
Action | Yes | Yes | Yes | Yes | No | Yes | Not Yet |
Copyright © 1989- Moore Research Center, Inc. All Rights Reserved. |
---|
Copyright © 2024 Moore Research Center, Inc. All Rights Reserved. | ||
www.mrci.com | sales@mrci.com | |
Phone: 541-525-0521 |