Moore Research Center, Inc.

  • Increase font size
  • Default font size
  • Decrease font size
Home MRCI Online
Print
New Windows

MRCI's Scenario Summary

MRCI Logo
MRCI's ScenarioSM Summary

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.
ScenarioSM Summary Jul 31, 2015
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
#DJ Higher Jul 17620.00 18137.00 17399.00 17690.00 39% 45 25 21 84% 18137.00 18890.88 17690.00
#UTIL Higher Jul 550.30 588.70 549.65 583.95 88% 45 26 23 88% 588.70 612.09 583.95
#OEX Higher Jul 908.25 947.85 899.35 931.15 66% 39 18 16 89% 947.85 986.72 931.15
#NDX Higher Jul 4396.80 4694.10 4344.20 4588.90 70% 29 17 15 88% 4694.10 5001.83 4588.90
#MID Higher Jul 1502.15 1524.75 1461.75 1502.90 65% 34 13 13 100% 1524.75 1599.60 1502.90
#SP Higher Jul 2063.10 2132.80 2044.00 2103.85 67% 45 20 19 95% 2132.80 2229.49 2103.85
SPZ5 Higher Jul 2046.60 2115.10 2028.90 2090.50 71% 33 14 14 100% 2115.10 2191.39 2090.50
USZ5 Higher Jul 149~070 155~040 146~210 154~140 92% 37 21 20 95% 155~040 162~062 154~140
TYZ5 Higher Jul 125~095 126~270 124~160 126~225 94% 33 21 20 95% 126~270 130~301 126~225
EDZ5 Higher Jul 99.465 99.545 99.420 99.475 44% 33 21 21 100% 99.545 99.998 99.475
EDH6 Higher Jul 99.280 99.390 99.225 99.305 48% 33 20 18 90% 99.390 100.000 99.305
ADZ5 Lower Jul 76.49 76.60 71.86 72.42 12% 27 14 12 86% 71.86 68.69 72.42
HGZ5 Lower Jul 262.25 265.35 234.90 237.65 9% 44 12 11 92% 234.90 213.99 237.65
HGH6 Lower Jul 262.95 265.90 236.60 238.80 8% 43 11 10 91% 236.60 215.93 238.80
NGZ5 Lower Jul 3.134 3.237 3.020 3.042 10% 25 13 11 85% 3.020 2.692 3.042
NGF6 Lower Jul 3.241 3.343 3.131 3.152 10% 25 14 12 86% 3.131 2.803 3.152
WZ5 Lower Jul 622.00 622.00 501.50 504.75 3% 45 20 19 95% 501.50 458.99 504.75
WH6 Lower Jul 628.00 628.00 506.75 510.50 3% 45 20 18 90% 506.75 463.74 510.50
KWH6 Lower Jul 639.50 639.50 524.25 525.75 1% 39 18 16 89% 524.25 481.47 525.75
LCV5 Lower Jul 150.700 154.485 143.300 145.925 23% 45 15 14 93% 143.300 136.566 145.925
LCG6 Lower Jul 152.030 155.385 146.235 147.450 13% 45 14 12 86% 146.235 139.807 147.450
LEZ5 Lower Jul 64.225 64.650 57.050 60.450 45% 45 20 17 85% 57.050 52.479 60.450
LEG6 Lower Jul 67.930 69.100 62.750 66.675 62% 45 18 16 89% 62.750 58.509 66.675
CCH6 Lower Jul 3250 3368 3168 3226 29% 45 18 16 89% 3168 2935 3226
CTZ5 Lower Jul 67.91 68.11 63.27 64.21 19% 44 23 20 87% 63.27 58.70 64.21


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for July(Month). Compared to June's 17620.00(Prev Close), the market ended July at 17690.00(Month Close), that being 39%(Pct Range) off of 17399.00(Month Low) to 18137.00(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed higher in July than June in 25(Cond Years) of those years. Of those 25, the #DJ went on to exceed the July high within the next 2 months in 21 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the the #DJ should exceed 18137.00(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 18890.88(Average Objective).

Dow Jones Utilities
The #UTIL(Mkt) ended Higher(Cond) for July(Month). Compared to June's 550.30(Prev Close), the market ended July at 583.95(Month Close), that being 88%(Pct Range) off of 549.65(Month Low) to 588.70(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Utilities also closed higher in July than June in 26(Cond Years) of those years. Of those 26, the #UTIL went on to exceed the July high within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the the #UTIL should exceed 588.70(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 612.09(Average Objective).

S & P 100(OEX)
The #OEX(Mkt) ended Higher(Cond) for July(Month). Compared to June's 908.25(Prev Close), the market ended July at 931.15(Month Close), that being 66%(Pct Range) off of 899.35(Month Low) to 947.85(Month High).

In comparing the June/July closes for each of the last 39 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in July than June in 18(Cond Years) of those years. Of those 18, the #OEX went on to exceed the July high within the next 2 months in 16 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the the #OEX should exceed 947.85(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 986.72(Average Objective).

NASDAQ 100 Index
The #NDX(Mkt) ended Higher(Cond) for July(Month). Compared to June's 4396.80(Prev Close), the market ended July at 4588.90(Month Close), that being 70%(Pct Range) off of 4344.20(Month Low) to 4694.10(Month High).

In comparing the June/July closes for each of the last 29 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in July than June in 17(Cond Years) of those years. Of those 17, the #NDX went on to exceed the July high within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the the #NDX should exceed 4694.10(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 5001.83(Average Objective).

S & P Midcap 400 Index
The #MID(Mkt) ended Higher(Cond) for July(Month). Compared to June's 1502.15(Prev Close), the market ended July at 1502.90(Month Close), that being 65%(Pct Range) off of 1461.75(Month Low) to 1524.75(Month High).

In comparing the June/July closes for each of the last 34 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed higher in July than June in 13(Cond Years) of those years. Of those 13, the #MID went on to exceed the July high within the next 2 months in 13 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #MID should exceed 1524.75(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 1599.60(Average Objective).

S & P 500 Stock Index
The #SP(Mkt) ended Higher(Cond) for July(Month). Compared to June's 2063.10(Prev Close), the market ended July at 2103.85(Month Close), that being 67%(Pct Range) off of 2044.00(Month Low) to 2132.80(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed higher in July than June in 20(Cond Years) of those years. Of those 20, the #SP went on to exceed the July 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 the #SP should exceed 2132.80(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 2229.49(Average Objective).

December S & P 500(CME)
The SPZ5(Mkt) ended Higher(Cond) for July(Month). Compared to June's 2046.60(Prev Close), the market ended July at 2090.50(Month Close), that being 71%(Pct Range) off of 2028.90(Month Low) to 2115.10(Month High).

In comparing the June/July closes for each of the last 33 years(Total Years), Scenario found that the December S & P 500(CME) also closed higher in July than June in 14(Cond Years) of those years. Of those 14, SPZ went on to exceed the July high within the next 2 months in 14 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the SPZ should exceed 2115.10(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 2191.39(Average Objective).

December 30-Year T-Bonds(CBOT)
The USZ5(Mkt) ended Higher(Cond) for July(Month). Compared to June's 149~070(Prev Close), the market ended July at 154~140(Month Close), that being 92%(Pct Range) off of 146~210(Month Low) to 155~040(Month High).

In comparing the June/July closes for each of the last 37 years(Total Years), Scenario found that the December 30-Year T-Bonds(CBOT) also closed higher in July than June in 21(Cond Years) of those years. Of those 21, USZ went on to exceed the July high within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the USZ should exceed 155~040(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 162~062(Average Objective).

December 10-Year T-Notes(CBOT)
The TYZ5(Mkt) ended Higher(Cond) for July(Month). Compared to June's 125~095(Prev Close), the market ended July at 126~225(Month Close), that being 94%(Pct Range) off of 124~160(Month Low) to 126~270(Month High).

In comparing the June/July closes for each of the last 33 years(Total Years), Scenario found that the December 10-Year T-Notes(CBOT) also closed higher in July than June in 21(Cond Years) of those years. Of those 21, TYZ went on to exceed the July high within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the TYZ should exceed 126~270(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 130~301(Average Objective).

December Eurodollars(CME)
The EDZ5(Mkt) ended Higher(Cond) for July(Month). Compared to June's 99.465(Prev Close), the market ended July at 99.475(Month Close), that being 44%(Pct Range) off of 99.420(Month Low) to 99.545(Month High).

In comparing the June/July closes for each of the last 33 years(Total Years), Scenario found that the December Eurodollars(CME) also closed higher in July than June in 21(Cond Years) of those years. Of those 21, EDZ went on to exceed the July high within the next 2 months in 21 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the EDZ should exceed 99.545(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 99.998(Average Objective).

March Eurodollars(CME)
The EDH6(Mkt) ended Higher(Cond) for July(Month). Compared to June's 99.280(Prev Close), the market ended July at 99.305(Month Close), that being 48%(Pct Range) off of 99.225(Month Low) to 99.390(Month High).

In comparing the June/July closes for each of the last 33 years(Total Years), Scenario found that the March Eurodollars(CME) also closed higher in July than June in 20(Cond Years) of those years. Of those 20, EDH went on to exceed the July 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 EDH should exceed 99.390(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 100.000(Average Objective).

December Australian Dollar(CME)
The ADZ5(Mkt) ended Lower(Cond) for July(Month). Compared to June's 76.49(Prev Close), the market ended July at 72.42(Month Close), that being 12%(Pct Range) off of 71.86(Month Low) to 76.60(Month High).

In comparing the June/July closes for each of the last 27 years(Total Years), Scenario found that the December Australian Dollar(CME) also closed lower in July than June in 14(Cond Years) of those years. Of those 14, ADZ went on to penetrate the July 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 ADZ should penetrate 71.86(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 68.69(Average Objective).

December Copper(CMX)
The HGZ5(Mkt) ended Lower(Cond) for July(Month). Compared to June's 262.25(Prev Close), the market ended July at 237.65(Month Close), that being 9%(Pct Range) off of 234.90(Month Low) to 265.35(Month High).

In comparing the June/July closes for each of the last 44 years(Total Years), Scenario found that the December Copper(CMX) also closed lower in July than June in 12(Cond Years) of those years. Of those 12, HGZ went on to penetrate the July 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 HGZ should penetrate 234.90(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 213.99(Average Objective).

March Copper(CMX)
The HGH6(Mkt) ended Lower(Cond) for July(Month). Compared to June's 262.95(Prev Close), the market ended July at 238.80(Month Close), that being 8%(Pct Range) off of 236.60(Month Low) to 265.90(Month High).

In comparing the June/July closes for each of the last 43 years(Total Years), Scenario found that the March Copper(CMX) also closed lower in July than June in 11(Cond Years) of those years. Of those 11, HGH went on to penetrate the July low within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the HGH should penetrate 236.60(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 215.93(Average Objective).

December Natural Gas(NYM)
The NGZ5(Mkt) ended Lower(Cond) for July(Month). Compared to June's 3.134(Prev Close), the market ended July at 3.042(Month Close), that being 10%(Pct Range) off of 3.020(Month Low) to 3.237(Month High).

In comparing the June/July closes for each of the last 25 years(Total Years), Scenario found that the December Natural Gas(NYM) also closed lower in July than June in 13(Cond Years) of those years. Of those 13, NGZ went on to penetrate the July 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 NGZ should penetrate 3.020(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 2.692(Average Objective).

January Natural Gas(NYM)
The NGF6(Mkt) ended Lower(Cond) for July(Month). Compared to June's 3.241(Prev Close), the market ended July at 3.152(Month Close), that being 10%(Pct Range) off of 3.131(Month Low) to 3.343(Month High).

In comparing the June/July closes for each of the last 25 years(Total Years), Scenario found that the January Natural Gas(NYM) also closed lower in July than June in 14(Cond Years) of those years. Of those 14, NGF went on to penetrate the July 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 NGF should penetrate 3.131(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 2.803(Average Objective).

December Wheat(CBOT)
The WZ5(Mkt) ended Lower(Cond) for July(Month). Compared to June's 622.00(Prev Close), the market ended July at 504.75(Month Close), that being 3%(Pct Range) off of 501.50(Month Low) to 622.00(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the December Wheat(CBOT) also closed lower in July than June in 20(Cond Years) of those years. Of those 20, WZ went on to penetrate the July low within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the WZ should penetrate 501.50(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 458.99(Average Objective).

March Wheat(CBOT)
The WH6(Mkt) ended Lower(Cond) for July(Month). Compared to June's 628.00(Prev Close), the market ended July at 510.50(Month Close), that being 3%(Pct Range) off of 506.75(Month Low) to 628.00(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the March Wheat(CBOT) also closed lower in July than June in 20(Cond Years) of those years. Of those 20, WH went on to penetrate the July 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 WH should penetrate 506.75(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 463.74(Average Objective).

March Wheat(KCBT)
The KWH6(Mkt) ended Lower(Cond) for July(Month). Compared to June's 639.50(Prev Close), the market ended July at 525.75(Month Close), that being 1%(Pct Range) off of 524.25(Month Low) to 639.50(Month High).

In comparing the June/July closes for each of the last 39 years(Total Years), Scenario found that the March Wheat(KCBT) also closed lower in July than June in 18(Cond Years) of those years. Of those 18, KWH went on to penetrate the July 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 KWH should penetrate 524.25(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 481.47(Average Objective).

October Live Cattle(CME)
The LCV5(Mkt) ended Lower(Cond) for July(Month). Compared to June's 150.700(Prev Close), the market ended July at 145.925(Month Close), that being 23%(Pct Range) off of 143.300(Month Low) to 154.485(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the October Live Cattle(CME) also closed lower in July than June in 15(Cond Years) of those years. Of those 15, LCV went on to penetrate the July low within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the LCV should penetrate 143.300(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 136.566(Average Objective).

February Live Cattle(CME)
The LCG6(Mkt) ended Lower(Cond) for July(Month). Compared to June's 152.030(Prev Close), the market ended July at 147.450(Month Close), that being 13%(Pct Range) off of 146.235(Month Low) to 155.385(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the February Live Cattle(CME) also closed lower in July than June in 14(Cond Years) of those years. Of those 14, LCG went on to penetrate the July 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 LCG should penetrate 146.235(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 139.807(Average Objective).

December Lean Hogs(CME)
The LEZ5(Mkt) ended Lower(Cond) for July(Month). Compared to June's 64.225(Prev Close), the market ended July at 60.450(Month Close), that being 45%(Pct Range) off of 57.050(Month Low) to 64.650(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the December Lean Hogs(CME) also closed lower in July than June in 20(Cond Years) of those years. Of those 20, LEZ went on to penetrate the July low within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the LEZ should penetrate 57.050(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 52.479(Average Objective).

February Lean Hogs(CME)
The LEG6(Mkt) ended Lower(Cond) for July(Month). Compared to June's 67.930(Prev Close), the market ended July at 66.675(Month Close), that being 62%(Pct Range) off of 62.750(Month Low) to 69.100(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the February Lean Hogs(CME) also closed lower in July than June in 18(Cond Years) of those years. Of those 18, LEG went on to penetrate the July 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 LEG should penetrate 62.750(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 58.509(Average Objective).

March Cocoa(ICE)
The CCH6(Mkt) ended Lower(Cond) for July(Month). Compared to June's 3250(Prev Close), the market ended July at 3226(Month Close), that being 29%(Pct Range) off of 3168(Month Low) to 3368(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the March Cocoa(ICE) also closed lower in July than June in 18(Cond Years) of those years. Of those 18, CCH went on to penetrate the July 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 CCH should penetrate 3168(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 2935(Average Objective).

December Cotton(ICE)
The CTZ5(Mkt) ended Lower(Cond) for July(Month). Compared to June's 67.91(Prev Close), the market ended July at 64.21(Month Close), that being 19%(Pct Range) off of 63.27(Month Low) to 68.11(Month High).

In comparing the June/July closes for each of the last 44 years(Total Years), Scenario found that the December Cotton(ICE) also closed lower in July than June in 23(Cond Years) of those years. Of those 23, CTZ went on to penetrate the July low within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the CTZ should penetrate 63.27(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 58.70(Average Objective).
Banner

Newsflash

In 2005 Wheat was trading at a subdued $3.00/bushel. Three years later, the CBOT's soft red had more than quadrupled to $13.00 --- while hard red spring traded in Minneapolis soared to an astonishing $24.00! Now as winter wheat prepares to emerge and spring wheat will soon be planted, all three classes of wheat trade mostly between $4.50 and $5.00.

Look back to 1970: http://www.mrci.com/pdf/w.pdf

Historically Successful Trading Strategies Are Now Available: http://goo.gl/pIYYIg