MRCI Online
|
| ScenarioSM Study for September Copper(CMX) as of Dec 27, 2023 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Condition 1:
Higher Monthly Close. Action ---> Buy that month's close with objective of exceeding month's high within 2 months. | ||||||||||||
| Tested Month | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
| Tested Years | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | |
| Closed Higher | 21 | 24 | 25 | 24 | 24 | 26 | 22 | 20 | 24 | 30 | 18 | |
| Exceeded High | 15 | 20 | 23 | 22 | 20 | 16 | 17 | 16 | 23 | 18 | 14 | |
| Scenario Percentage | 71% | 83% | 92% | 92% | 83% | 62% | 77% | 80% | 96% | 60% | 78% | |
| Avg Max Increase | 10.42% | 10.40% | 10.15% | 9.63% | 10.38% | 11.66% | 10.33% | 11.87% | 8.69% | 8.42% | 7.49% | |
| Max Increase | 21.17% | 40.41% | 43.40% | 25.81% | 43.92% | 62.57% | 25.75% | 22.76% | 30.55% | 24.78% | 16.47% | |
| Avg Days To Max Increase | 23 | 18 | 15 | 15 | 15 | 13 | 13 | 21 | 17 | 17 | 18 | |
| Avg Max Decline | -2.05% | -2.08% | -1.69% | -2.63% | -2.42% | -2.63% | -2.29% | -2.99% | -2.23% | -3.11% | -2.00% | |
| Max Decline | -5.37% | -9.39% | -8.60% | -9.20% | -10.00% | -7.15% | -15.57% | -11.24% | -8.78% | -7.11% | -5.83% | |
| Avg Days to Max Decline | 16 | 10 | 9 | 8 | 10 | 7 | 7 | 9 | 7 | 10 | 5 | |
| 2023 Contract Condition | Yes | Yes | Yes | Yes | Yes | Yes | ||||||
| Action | Yes | Yes | No | 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.
