MRCI Online
|
| ScenarioSM Study for July Soybean Meal(CBOT) as of May 17, 2024 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Condition 1:
Higher Monthly Close. Action ---> Buy that month's close with objective of exceeding month's high within 2 months. | ||||||||||||
| Tested Month | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
| Tested Years | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | |
| Closed Higher | 24 | 18 | 20 | 23 | 18 | 24 | 23 | 27 | 24 | 19 | 27 | |
| Exceeded High | 18 | 16 | 14 | 16 | 15 | 19 | 19 | 19 | 18 | 13 | 17 | |
| Scenario Percentage | 75% | 89% | 70% | 70% | 83% | 79% | 83% | 70% | 75% | 68% | 63% | |
| Avg Max Increase | 9.70% | 11.76% | 9.32% | 9.97% | 9.00% | 10.52% | 9.50% | 13.46% | 15.01% | 14.87% | 9.00% | |
| Max Increase | 29.23% | 21.52% | 21.36% | 26.78% | 21.15% | 29.48% | 24.47% | 53.72% | 65.68% | 39.51% | 27.23% | |
| Avg Days To Max Increase | 15 | 19 | 17 | 15 | 18 | 17 | 20 | 18 | 15 | 12 | 9 | |
| Avg Max Decline | -0.97% | -1.73% | -3.29% | -2.18% | -2.76% | -1.80% | -2.62% | -2.78% | -2.97% | -2.00% | -0.80% | |
| Max Decline | -3.38% | -6.07% | -10.74% | -5.56% | -9.52% | -7.64% | -7.96% | -8.68% | -10.86% | -6.22% | -4.93% | |
| Avg Days to Max Decline | 6 | 6 | 9 | 9 | 12 | 5 | 10 | 11 | 8 | 8 | 3 | |
| 2024 Contract Condition | Yes | Yes | Yes | Yes | Yes | Yes | ||||||
| Action | Yes | Yes | No | 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.
