MRCI Logo
MRCI's ScenarioSM Summary

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.
Some data provided by Prophetfinance.com
ScenarioSM Summary Jun 30, 2005
Historical Data Scenario Data Current Market Data

Mkt

Cond

Month
Prev
Close
Month
High
Month
Low
Month
Close
Pct
Range
Total
Years
Cond
Years
Action
Years

Pct
Scenario
Objective
Average
Objective
Last
Price
#UTIL Higher Jun 365.13 389.28 364.26 386.59 89% 35 19 16 84% 389.28 405.17 386.59
SFU5 Lower Jun 80.72 81.12 78.14 78.50 12% 30 14 13 93% 78.14 74.90 78.50
JYU5 Lower Jun 93.13 94.76 90.74 90.92 4% 28 14 12 86% 90.74 87.39 90.92
BPU5 Lower Jun 180.98 183.29 178.30 178.63 7% 30 13 11 85% 178.30 173.30 178.63
ADU5 Higher Jun 75.06 77.70 74.20 75.64 41% 18 8 7 88% 77.70 79.57 75.64
DXU5 Higher Jun 87.68 89.35 87.05 88.98 84% 19 9 9 100% 89.35 91.71 88.98
PLV5 Higher Jun 859.3 900.0 868.0 883.0 47% 37 14 13 93% 900.0 980.7 883.0
HGU5 Higher Jun 139.35 157.40 138.00 151.00 67% 45 20 18 90% 157.40 170.82 151.00
HGZ5 Higher Jun 132.45 146.80 131.50 141.10 63% 44 20 19 95% 146.80 158.91 141.10
CLV5 Higher Jun 53.25 62.05 53.60 58.36 56% 22 9 9 100% 62.05 67.72 58.36
CLX5 Higher Jun 53.43 62.15 53.80 58.80 60% 22 9 9 100% 62.15 67.61 58.80
CLZ5 Higher Jun 53.51 62.35 53.85 59.12 62% 22 9 9 100% 62.35 67.59 59.12
HOV5 Higher Jun 148.65 173.50 150.50 167.56 74% 25 10 10 100% 173.50 191.87 167.56
HOX5 Higher Jun 150.25 175.80 152.20 170.16 76% 26 10 10 100% 175.80 193.54 170.16
HUV5 Higher Jun 140.72 161.00 141.50 148.88 38% 20 8 8 100% 161.00 175.15 148.88
HUX5 Higher Jun 138.87 159.70 140.00 148.88 45% 20 7 7 100% 159.70 173.64 148.88
SU5 Lower Jun 681.00 760.00 654.00 658.50 4% 45 23 22 96% 654.00 600.33 658.50
SX5 Lower Jun 682.00 770.00 660.50 666.25 5% 45 24 23 96% 660.50 608.13 666.25
SF6 Lower Jun 681.50 770.00 663.00 667.50 4% 45 23 21 91% 663.00 608.76 667.50
BOU5 Higher Jun 23.36 26.43 22.82 23.99 32% 45 19 16 84% 26.43 30.94 23.99
BOZ5 Higher Jun 23.44 26.84 22.99 24.15 30% 45 19 16 84% 26.84 31.17 24.15
SMU5 Lower Jun 214.50 238.50 202.60 207.30 13% 44 18 16 89% 202.60 185.77 207.30
SMV5 Lower Jun 214.00 239.00 203.00 205.50 7% 45 21 19 90% 203.00 185.73 205.50
SMZ5 Lower Jun 214.60 243.00 203.50 206.50 8% 45 22 19 86% 203.50 186.84 206.50
CZ5 Lower Jun 239.25 256.75 229.25 231.75 9% 45 26 22 85% 229.25 206.46 231.75
KWU5 Lower Jun 343.25 356.00 322.00 334.50 37% 29 20 18 90% 322.00 296.91 334.50
KWZ5 Lower Jun 355.00 367.50 333.00 346.00 38% 29 21 18 86% 333.00 306.38 346.00
MWU5 Lower Jun 356.25 368.00 337.75 352.75 50% 24 16 14 88% Yes 308.46 352.75
RRU5 Lower Jun 7.63 7.81 6.61 6.63 1% 18 12 11 92% Yes 6.10 6.63
KCU5 Lower Jun 121.55 130.00 104.50 108.05 14% 31 25 22 88% 104.50 90.74 108.05
KCZ5 Lower Jun 125.30 133.50 108.50 111.90 14% 31 25 22 88% 108.50 95.41 111.90
LBU5 Lower Jun 360.9 362.4 317.6 326.0 19% 32 15 13 87% 317.6 283.3 326.0


Dow Jones Utilities
The #UTIL(Mkt) ended Higher(Cond) for June(Month). Compared to May's 365.13(Prev Close), the market ended June at (Month Close), that being 89%(Pct Range) off of 364.26(Month Low) to 389.28(Month High).

In comparing the May/June closes for each of the last 35 years(Total Years), Scenario found that the Dow Jones Utilities also closed higher in June than May in 19(Cond Years) of those years. Of those 19, the #UTIL went on to exceed the June high within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the the #UTIL should exceed 389.28(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 405.17(Average Objective).

September Swiss Franc(CME)
The SFU5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 80.72(Prev Close), the market ended June at (Month Close), that being 12%(Pct Range) off of 78.14(Month Low) to 81.12(Month High).

In comparing the May/June closes for each of the last 30 years(Total Years), Scenario found that the September Swiss Franc(CME) also closed lower in June than May in 14(Cond Years) of those years. Of those 14, SFU went on to penetrate the June low within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the SFU should penetrate 78.14(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 74.90(Average Objective).

September Japanese Yen(CME)
The JYU5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 93.13(Prev Close), the market ended June at (Month Close), that being 4%(Pct Range) off of 90.74(Month Low) to 94.76(Month High).

In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the September Japanese Yen(CME) also closed lower in June than May in 14(Cond Years) of those years. Of those 14, JYU went on to penetrate the June low within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the JYU should penetrate 90.74(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 87.39(Average Objective).

September British Pound(CME)
The BPU5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 180.98(Prev Close), the market ended June at (Month Close), that being 7%(Pct Range) off of 178.30(Month Low) to 183.29(Month High).

In comparing the May/June closes for each of the last 30 years(Total Years), Scenario found that the September British Pound(CME) also closed lower in June than May in 13(Cond Years) of those years. Of those 13, BPU went on to penetrate the June low within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the BPU should penetrate 178.30(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 173.30(Average Objective).

September Australian Dollar(CME)
The ADU5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 75.06(Prev Close), the market ended June at (Month Close), that being 41%(Pct Range) off of 74.20(Month Low) to 77.70(Month High).

In comparing the May/June closes for each of the last 18 years(Total Years), Scenario found that the September Australian Dollar(CME) also closed higher in June than May in 8(Cond Years) of those years. Of those 8, ADU went on to exceed the June high within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the ADU should exceed 77.70(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 79.57(Average Objective).

September US Dollar Index(NYBOT)
The DXU5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 87.68(Prev Close), the market ended June at (Month Close), that being 84%(Pct Range) off of 87.05(Month Low) to 89.35(Month High).

In comparing the May/June closes for each of the last 19 years(Total Years), Scenario found that the September US Dollar Index(NYBOT) also closed higher in June than May in 9(Cond Years) of those years. Of those 9, DXU went on to exceed the June high within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the DXU should exceed 89.35(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 91.71(Average Objective).

October Platinum(NYM)
The PLV5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 859.3(Prev Close), the market ended June at (Month Close), that being 47%(Pct Range) off of 868.0(Month Low) to 900.0(Month High).

In comparing the May/June closes for each of the last 37 years(Total Years), Scenario found that the October Platinum(NYM) also closed higher in June than May in 14(Cond Years) of those years. Of those 14, PLV went on to exceed the June high within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the PLV should exceed 900.0(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 980.7(Average Objective).

September Copper(CMX)
The HGU5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 139.35(Prev Close), the market ended June at (Month Close), that being 67%(Pct Range) off of 138.00(Month Low) to 157.40(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Copper(CMX) also closed higher in June than May in 20(Cond Years) of those years. Of those 20, HGU went on to exceed the June high within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the HGU should exceed 157.40(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 170.82(Average Objective).

December Copper(CMX)
The HGZ5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 132.45(Prev Close), the market ended June at (Month Close), that being 63%(Pct Range) off of 131.50(Month Low) to 146.80(Month High).

In comparing the May/June closes for each of the last 44 years(Total Years), Scenario found that the December Copper(CMX) also closed higher in June than May in 20(Cond Years) of those years. Of those 20, HGZ went on to exceed the June high within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the HGZ should exceed 146.80(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 158.91(Average Objective).

October Crude Oil(NYM)
The CLV5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 53.25(Prev Close), the market ended June at (Month Close), that being 56%(Pct Range) off of 53.60(Month Low) to 62.05(Month High).

In comparing the May/June closes for each of the last 22 years(Total Years), Scenario found that the October Crude Oil(NYM) also closed higher in June than May in 9(Cond Years) of those years. Of those 9, CLV went on to exceed the June high within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the CLV should exceed 62.05(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 67.72(Average Objective).

November Crude Oil(NYM)
The CLX5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 53.43(Prev Close), the market ended June at (Month Close), that being 60%(Pct Range) off of 53.80(Month Low) to 62.15(Month High).

In comparing the May/June closes for each of the last 22 years(Total Years), Scenario found that the November Crude Oil(NYM) also closed higher in June than May in 9(Cond Years) of those years. Of those 9, CLX went on to exceed the June high within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the CLX should exceed 62.15(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 67.61(Average Objective).

December Crude Oil(NYM)
The CLZ5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 53.51(Prev Close), the market ended June at (Month Close), that being 62%(Pct Range) off of 53.85(Month Low) to 62.35(Month High).

In comparing the May/June closes for each of the last 22 years(Total Years), Scenario found that the December Crude Oil(NYM) also closed higher in June than May in 9(Cond Years) of those years. Of those 9, CLZ went on to exceed the June high within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the CLZ should exceed 62.35(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 67.59(Average Objective).

October Heating Oil(NYM)
The HOV5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 148.65(Prev Close), the market ended June at (Month Close), that being 74%(Pct Range) off of 150.50(Month Low) to 173.50(Month High).

In comparing the May/June closes for each of the last 25 years(Total Years), Scenario found that the October Heating Oil(NYM) also closed higher in June than May in 10(Cond Years) of those years. Of those 10, HOV went on to exceed the June high within the next 2 months in 10 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HOV should exceed 173.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 191.87(Average Objective).

November Heating Oil(NYM)
The HOX5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 150.25(Prev Close), the market ended June at (Month Close), that being 76%(Pct Range) off of 152.20(Month Low) to 175.80(Month High).

In comparing the May/June closes for each of the last 26 years(Total Years), Scenario found that the November Heating Oil(NYM) also closed higher in June than May in 10(Cond Years) of those years. Of those 10, HOX went on to exceed the June high within the next 2 months in 10 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HOX should exceed 175.80(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 193.54(Average Objective).

October Unleaded Gas(NYM)
The HUV5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 140.72(Prev Close), the market ended June at (Month Close), that being 38%(Pct Range) off of 141.50(Month Low) to 161.00(Month High).

In comparing the May/June closes for each of the last 20 years(Total Years), Scenario found that the October Unleaded Gas(NYM) also closed higher in June than May in 8(Cond Years) of those years. Of those 8, HUV went on to exceed the June high within the next 2 months in 8 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HUV should exceed 161.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 175.15(Average Objective).

November Unleaded Gas(NYM)
The HUX5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 138.87(Prev Close), the market ended June at (Month Close), that being 45%(Pct Range) off of 140.00(Month Low) to 159.70(Month High).

In comparing the May/June closes for each of the last 20 years(Total Years), Scenario found that the November Unleaded Gas(NYM) also closed higher in June than May in 7(Cond Years) of those years. Of those 7, HUX went on to exceed the June high within the next 2 months in 7 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HUX should exceed 159.70(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 173.64(Average Objective).

September Soybeans(CBOT)
The SU5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 681.00(Prev Close), the market ended June at (Month Close), that being 4%(Pct Range) off of 654.00(Month Low) to 760.00(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Soybeans(CBOT) also closed lower in June than May in 23(Cond Years) of those years. Of those 23, SU went on to penetrate the June low within the next 2 months in 22 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the SU should penetrate 654.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 600.33(Average Objective).

November Soybeans(CBOT)
The SX5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 682.00(Prev Close), the market ended June at (Month Close), that being 5%(Pct Range) off of 660.50(Month Low) to 770.00(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed lower in June than May in 24(Cond Years) of those years. Of those 24, SX went on to penetrate the June low within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the SX should penetrate 660.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 608.13(Average Objective).

January Soybeans(CBOT)
The SF6(Mkt) ended Lower(Cond) for June(Month). Compared to May's 681.50(Prev Close), the market ended June at (Month Close), that being 4%(Pct Range) off of 663.00(Month Low) to 770.00(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the January Soybeans(CBOT) also closed lower in June than May in 23(Cond Years) of those years. Of those 23, SF went on to penetrate the June low within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the SF should penetrate 663.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 608.76(Average Objective).

September Soybean Oil(CBOT)
The BOU5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 23.36(Prev Close), the market ended June at (Month Close), that being 32%(Pct Range) off of 22.82(Month Low) to 26.43(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Soybean Oil(CBOT) also closed higher in June than May in 19(Cond Years) of those years. Of those 19, BOU went on to exceed the June high within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the BOU should exceed 26.43(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 30.94(Average Objective).

December Soybean Oil(CBOT)
The BOZ5(Mkt) ended Higher(Cond) for June(Month). Compared to May's 23.44(Prev Close), the market ended June at (Month Close), that being 30%(Pct Range) off of 22.99(Month Low) to 26.84(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Soybean Oil(CBOT) also closed higher in June than May in 19(Cond Years) of those years. Of those 19, BOZ went on to exceed the June high within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the BOZ should exceed 26.84(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 31.17(Average Objective).

September Soybean Meal(CBOT)
The SMU5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 214.50(Prev Close), the market ended June at (Month Close), that being 13%(Pct Range) off of 202.60(Month Low) to 238.50(Month High).

In comparing the May/June closes for each of the last 44 years(Total Years), Scenario found that the September Soybean Meal(CBOT) also closed lower in June than May in 18(Cond Years) of those years. Of those 18, SMU went on to penetrate the June low within the next 2 months in 16 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the SMU should penetrate 202.60(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 185.77(Average Objective).

October Soybean Meal(CBOT)
The SMV5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 214.00(Prev Close), the market ended June at (Month Close), that being 7%(Pct Range) off of 203.00(Month Low) to 239.00(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Soybean Meal(CBOT) also closed lower in June than May in 21(Cond Years) of those years. Of those 21, SMV went on to penetrate the June low within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the SMV should penetrate 203.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 185.73(Average Objective).

December Soybean Meal(CBOT)
The SMZ5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 214.60(Prev Close), the market ended June at (Month Close), that being 8%(Pct Range) off of 203.50(Month Low) to 243.00(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Soybean Meal(CBOT) also closed lower in June than May in 22(Cond Years) of those years. Of those 22, SMZ went on to penetrate the June low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the SMZ should penetrate 203.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 186.84(Average Objective).

December Corn(CBOT)
The CZ5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 239.25(Prev Close), the market ended June at (Month Close), that being 9%(Pct Range) off of 229.25(Month Low) to 256.75(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Corn(CBOT) also closed lower in June than May in 26(Cond Years) of those years. Of those 26, CZ went on to penetrate the June low within the next 2 months in 22 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the CZ should penetrate 229.25(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 206.46(Average Objective).

September Wheat(KCBT)
The KWU5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 343.25(Prev Close), the market ended June at (Month Close), that being 37%(Pct Range) off of 322.00(Month Low) to 356.00(Month High).

In comparing the May/June closes for each of the last 29 years(Total Years), Scenario found that the September Wheat(KCBT) also closed lower in June than May in 20(Cond Years) of those years. Of those 20, KWU went on to penetrate the June low within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the KWU should penetrate 322.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 296.91(Average Objective).

December Wheat(KCBT)
The KWZ5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 355.00(Prev Close), the market ended June at (Month Close), that being 38%(Pct Range) off of 333.00(Month Low) to 367.50(Month High).

In comparing the May/June closes for each of the last 29 years(Total Years), Scenario found that the December Wheat(KCBT) also closed lower in June than May in 21(Cond Years) of those years. Of those 21, KWZ went on to penetrate the June low within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the KWZ should penetrate 333.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 306.38(Average Objective).

September Wheat(MGE)
The MWU5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 356.25(Prev Close), the market ended June at (Month Close), that being 50%(Pct Range) off of 337.75(Month Low) to 368.00(Month High).

In comparing the May/June closes for each of the last 24 years(Total Years), Scenario found that the September Wheat(MGE) also closed lower in June than May in 16(Cond Years) of those years. Of those 16, MWU went on to penetrate the June low within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the MWU should penetrate 337.75(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 308.46(Average Objective).

September Rough Rice(CBOT)
The RRU5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 7.63(Prev Close), the market ended June at (Month Close), that being 1%(Pct Range) off of 6.61(Month Low) to 7.81(Month High).

In comparing the May/June closes for each of the last 18 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed lower in June than May in 12(Cond Years) of those years. Of those 12, RRU went on to penetrate the June low within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the RRU should penetrate 6.61(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 6.10(Average Objective).

September Coffee "C"(NYBOT)
The KCU5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 121.55(Prev Close), the market ended June at (Month Close), that being 14%(Pct Range) off of 104.50(Month Low) to 130.00(Month High).

In comparing the May/June closes for each of the last 31 years(Total Years), Scenario found that the September Coffee "C"(NYBOT) also closed lower in June than May in 25(Cond Years) of those years. Of those 25, KCU went on to penetrate the June low within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the KCU should penetrate 104.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 90.74(Average Objective).

December Coffee "C"(NYBOT)
The KCZ5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 125.30(Prev Close), the market ended June at (Month Close), that being 14%(Pct Range) off of 108.50(Month Low) to 133.50(Month High).

In comparing the May/June closes for each of the last 31 years(Total Years), Scenario found that the December Coffee "C"(NYBOT) also closed lower in June than May in 25(Cond Years) of those years. Of those 25, KCZ went on to penetrate the June low within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the KCZ should penetrate 108.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 95.41(Average Objective).

September Lumber(CME)
The LBU5(Mkt) ended Lower(Cond) for June(Month). Compared to May's 360.9(Prev Close), the market ended June at (Month Close), that being 19%(Pct Range) off of 317.6(Month Low) to 362.4(Month High).

In comparing the May/June closes for each of the last 32 years(Total Years), Scenario found that the September Lumber(CME) also closed lower in June than May in 15(Cond Years) of those years. Of those 15, LBU went on to penetrate the June low within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the LBU should penetrate 317.6(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 283.3(Average Objective).