SMU Data and Models
Historical SMU Price Momentum Indicator Results
Written by John Packard
August 29, 2013
We had one of our members ask about the accuracy of the Steel Market Update (SMU) Price Momentum Indicator as we move between Higher, Neutral and Lower Momentum forecasts. Here is a graph of SMU hot rolled pricing (average) and our Momentum forecasts:
John Packard
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SMU’s Monthly Review provides a summary of important steel market metrics for the previous month. Our August report includes data updated through August 30th.
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