|
ScenarioSM Study for November Brent Crude Oil(ICE) as of Jan 01, 2020 | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 14 | 25 | 25 | 25 | 27 | 28 | 28 | 30 | 30 | 30 | 30 | |
Closed Higher | 6 | 14 | 12 | 12 | 17 | 19 | 19 | 13 | 15 | 20 | 17 | |
Exceeded High | 5 | 12 | 11 | 11 | 16 | 18 | 17 | 9 | 14 | 19 | 10 | |
Scenario Percentage | 83% | 86% | 92% | 92% | 94% | 95% | 89% | 69% | 93% | 95% | 59% | |
Avg Max Increase | 6.09% | 7.31% | 9.59% | 11.41% | 10.21% | 10.87% | 9.65% | 10.30% | 10.46% | 15.76% | 15.36% | |
Max Increase | 9.58% | 16.96% | 19.75% | 24.71% | 25.20% | 22.91% | 34.75% | 16.93% | 20.97% | 95.55% | 50.87% | |
Avg Days To Max Increase | 13 | 14 | 15 | 14 | 17 | 17 | 14 | 18 | 18 | 18 | 20 | |
Avg Max Decline | -1.16% | -1.04% | -1.54% | -2.60% | -2.26% | -3.00% | -2.05% | -1.83% | -2.83% | -2.52% | -0.59% | |
Max Decline | -2.62% | -7.50% | -6.67% | -10.06% | -14.05% | -9.22% | -6.86% | -5.58% | -14.81% | -13.88% | -3.50% | |
Avg Days to Max Decline | 2 | 6 | 6 | 7 | 8 | 6 | 7 | 7 | 8 | 6 | 4 | |
2019 Contract Condition | Yes | Yes | Yes | Yes | Yes | Yes | ||||||
Action | Yes | 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.