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MRCI's Scenario Summary

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MRCI's ScenarioSM Summary

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.
ScenarioSM Summary Sep 30, 2017
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 Sep 21948.00 22420.00 21710.00 22405.00 98% 45 16 14 88% 22420.00 23627.84 22405.00
#TRAN Higher Sep 9319.00 9935.00 9237.00 9914.00 97% 45 17 17 100% 9935.00 10849.29 9914.00
#OEX Higher Sep 1093.80 1112.20 1081.80 1112.20 100% 41 15 14 93% 1112.20 1175.79 1112.20
#VLE Higher Sep 5510.50 5784.90 5472.60 5778.00 98% 34 17 15 88% 5784.90 6087.68 5778.00
#SSNI Higher Sep 19646 20481 19240 20356 90% 35 13 13 100% 20481 21687 20356
#SP Higher Sep 2471.65 2519.45 2446.55 2519.35 100% 45 19 17 89% 2519.45 2681.85 2519.35
SPZ7 Higher Sep 2468.10 2517.70 2444.00 2516.10 98% 35 15 14 93% 2517.70 2651.56 2516.10
SFZ7 Lower Sep 104.89 106.81 102.90 103.78 23% 42 14 12 86% 102.90 99.20 103.78
EUZ7 Lower Sep 119.70 121.55 117.70 118.65 25% 18 7 7 100% 117.70 113.46 118.65
JYZ7 Lower Sep 91.39 93.60 88.63 89.20 11% 40 18 17 94% 88.63 85.27 89.20
DXZ7 Higher Sep 92.392 93.495 90.795 92.883 77% 31 12 12 100% 93.495 96.606 92.883
PAZ7 Higher Sep 932.25 997.50 898.10 936.85 39% 40 21 18 86% 997.50 1115.90 936.85
CLH8 Higher Sep 49.50 53.34 49.03 52.24 74% 34 18 16 89% 53.34 56.75 52.24
RBF8 Higher Sep 151.65 163.93 147.96 157.79 62% 32 17 16 94% 163.93 173.57 157.79
RBH8 Higher Sep 153.28 165.63 150.00 160.24 66% 31 15 14 93% 165.63 174.74 160.24
NGF8 Lower Sep 3.326 3.450 3.221 3.295 32% 27 13 12 92% 3.221 2.752 3.295
NGG8 Lower Sep 3.321 3.446 3.224 3.299 34% 27 14 13 93% 3.224 2.827 3.299
NGH8 Lower Sep 3.279 3.391 3.184 3.249 31% 27 13 12 92% 3.184 2.818 3.249
BOF8 Lower Sep 35.21 36.20 32.83 32.99 5% 45 26 23 88% 32.83 30.31 32.99
BOH8 Lower Sep 35.42 36.42 33.08 33.23 4% 45 26 23 88% 33.08 30.61 33.23
CZ7 Lower Sep 357.75 362.00 345.50 355.25 59% 45 26 22 85% 345.50 321.00 355.25
CH8 Lower Sep 370.50 374.50 358.00 367.75 59% 45 27 23 85% 358.00 333.18 367.75
KWZ7 Higher Sep 436.25 460.25 426.00 442.75 49% 41 25 22 88% 460.25 489.42 442.75
KWH8 Higher Sep 454.00 477.50 443.50 460.25 49% 41 25 23 92% 477.50 505.69 460.25
RRF8 Lower Sep 13.07 13.25 11.98 12.28 23% 31 15 13 87% 11.98 10.97 12.28
RRH8 Lower Sep 13.20 13.35 12.23 12.45 20% 31 15 13 87% 12.23 11.23 12.45
LCZ7 Higher Sep 109.100 117.730 108.885 115.250 72% 45 24 21 88% 117.730 122.807 115.250
LCG8 Higher Sep 112.350 120.635 112.300 118.635 76% 45 26 24 92% 120.635 125.245 118.635
FCF8 Higher Sep 140.500 154.300 139.950 151.530 81% 40 21 19 90% 154.300 160.632 151.530
LBF8 Higher Sep 380.0 399.3 381.3 392.9 64% 44 13 12 92% 399.3 433.7 392.9
LBH8 Higher Sep 380.9 390.8 379.0 384.5 47% 44 14 14 100% 390.8 418.8 384.5
CTH8 Lower Sep 70.11 74.20 67.30 67.78 7% 45 27 23 85% 67.30 62.67 67.78


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for September(Month). Compared to August's 21948.00(Prev Close), the market ended September at 22405.00(Month Close), that being 98%(Pct Range) off of 21710.00(Month Low) to 22420.00(Month High).

In comparing the August/September closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed higher in September than August in 16(Cond Years) of those years. Of those 16, the #DJ went on to exceed the September high within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the the #DJ should exceed 22420.00(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 23627.84(Average Objective).

Dow Jones Transportation
The #TRAN(Mkt) ended Higher(Cond) for September(Month). Compared to August's 9319.00(Prev Close), the market ended September at 9914.00(Month Close), that being 97%(Pct Range) off of 9237.00(Month Low) to 9935.00(Month High).

In comparing the August/September closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Transportation also closed higher in September than August in 17(Cond Years) of those years. Of those 17, the #TRAN went on to exceed the September high within the next 2 months in 17 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #TRAN should exceed 9935.00(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 10849.29(Average Objective).

S & P 100(OEX)
The #OEX(Mkt) ended Higher(Cond) for September(Month). Compared to August's 1093.80(Prev Close), the market ended September at 1112.20(Month Close), that being 100%(Pct Range) off of 1081.80(Month Low) to 1112.20(Month High).

In comparing the August/September closes for each of the last 41 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in September than August in 15(Cond Years) of those years. Of those 15, the #OEX went on to exceed the September high within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the the #OEX should exceed 1112.20(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 1175.79(Average Objective).

Value Line Index
The #VLE(Mkt) ended Higher(Cond) for September(Month). Compared to August's 5510.50(Prev Close), the market ended September at 5778.00(Month Close), that being 98%(Pct Range) off of 5472.60(Month Low) to 5784.90(Month High).

In comparing the August/September closes for each of the last 34 years(Total Years), Scenario found that the Value Line Index also closed higher in September than August in 17(Cond Years) of those years. Of those 17, the #VLE went on to exceed the September 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 #VLE should exceed 5784.90(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 6087.68(Average Objective).

Nikkei 225 Index
The #SSNI(Mkt) ended Higher(Cond) for September(Month). Compared to August's 19646(Prev Close), the market ended September at 20356(Month Close), that being 90%(Pct Range) off of 19240(Month Low) to 20481(Month High).

In comparing the August/September closes for each of the last 35 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in September than August in 13(Cond Years) of those years. Of those 13, the #SSNI went on to exceed the September 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 #SSNI should exceed 20481(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 21687(Average Objective).

S & P 500 Stock Index
The #SP(Mkt) ended Higher(Cond) for September(Month). Compared to August's 2471.65(Prev Close), the market ended September at 2519.35(Month Close), that being 100%(Pct Range) off of 2446.55(Month Low) to 2519.45(Month High).

In comparing the August/September closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed higher in September than August in 19(Cond Years) of those years. Of those 19, the #SP went on to exceed the September high within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the the #SP should exceed 2519.45(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 2681.85(Average Objective).

December S & P 500(CME)
The SPZ7(Mkt) ended Higher(Cond) for September(Month). Compared to August's 2468.10(Prev Close), the market ended September at 2516.10(Month Close), that being 98%(Pct Range) off of 2444.00(Month Low) to 2517.70(Month High).

In comparing the August/September closes for each of the last 35 years(Total Years), Scenario found that the December S & P 500(CME) also closed higher in September than August in 15(Cond Years) of those years. Of those 15, SPZ went on to exceed the September high within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the SPZ should exceed 2517.70(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 2651.56(Average Objective).

December Swiss Franc(CME)
The SFZ7(Mkt) ended Lower(Cond) for September(Month). Compared to August's 104.89(Prev Close), the market ended September at 103.78(Month Close), that being 23%(Pct Range) off of 102.90(Month Low) to 106.81(Month High).

In comparing the August/September closes for each of the last 42 years(Total Years), Scenario found that the December Swiss Franc(CME) also closed lower in September than August in 14(Cond Years) of those years. Of those 14, SFZ went on to penetrate the September 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 SFZ should penetrate 102.90(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 99.20(Average Objective).

December EuroFX(CME)
The EUZ7(Mkt) ended Lower(Cond) for September(Month). Compared to August's 119.70(Prev Close), the market ended September at 118.65(Month Close), that being 25%(Pct Range) off of 117.70(Month Low) to 121.55(Month High).

In comparing the August/September closes for each of the last 18 years(Total Years), Scenario found that the December EuroFX(CME) also closed lower in September than August in 7(Cond Years) of those years. Of those 7, EUZ went on to penetrate the September low within the next 2 months in 7 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the EUZ should penetrate 117.70(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 113.46(Average Objective).

December Japanese Yen(CME)
The JYZ7(Mkt) ended Lower(Cond) for September(Month). Compared to August's 91.39(Prev Close), the market ended September at 89.20(Month Close), that being 11%(Pct Range) off of 88.63(Month Low) to 93.60(Month High).

In comparing the August/September closes for each of the last 40 years(Total Years), Scenario found that the December Japanese Yen(CME) also closed lower in September than August in 18(Cond Years) of those years. Of those 18, JYZ went on to penetrate the September low within the next 2 months in 17 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the JYZ should penetrate 88.63(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 85.27(Average Objective).

December US Dollar Index(ICE)
The DXZ7(Mkt) ended Higher(Cond) for September(Month). Compared to August's 92.392(Prev Close), the market ended September at 92.883(Month Close), that being 77%(Pct Range) off of 90.795(Month Low) to 93.495(Month High).

In comparing the August/September closes for each of the last 31 years(Total Years), Scenario found that the December US Dollar Index(ICE) also closed higher in September than August in 12(Cond Years) of those years. Of those 12, DXZ went on to exceed the September high within the next 2 months in 12 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the DXZ should exceed 93.495(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 96.606(Average Objective).

December Palladium(NYMEX)
The PAZ7(Mkt) ended Higher(Cond) for September(Month). Compared to August's 932.25(Prev Close), the market ended September at 936.85(Month Close), that being 39%(Pct Range) off of 898.10(Month Low) to 997.50(Month High).

In comparing the August/September closes for each of the last 40 years(Total Years), Scenario found that the December Palladium(NYMEX) also closed higher in September than August in 21(Cond Years) of those years. Of those 21, PAZ went on to exceed the September high within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the PAZ should exceed 997.50(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 1115.90(Average Objective).

March Crude Oil(NYM)
The CLH8(Mkt) ended Higher(Cond) for September(Month). Compared to August's 49.50(Prev Close), the market ended September at 52.24(Month Close), that being 74%(Pct Range) off of 49.03(Month Low) to 53.34(Month High).

In comparing the August/September closes for each of the last 34 years(Total Years), Scenario found that the March Crude Oil(NYM) also closed higher in September than August in 18(Cond Years) of those years. Of those 18, CLH went on to exceed the September 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 CLH should exceed 53.34(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 56.75(Average Objective).

January RBOB Gasoline(NYM)
The RBF8(Mkt) ended Higher(Cond) for September(Month). Compared to August's 151.65(Prev Close), the market ended September at 157.79(Month Close), that being 62%(Pct Range) off of 147.96(Month Low) to 163.93(Month High).

In comparing the August/September closes for each of the last 32 years(Total Years), Scenario found that the January RBOB Gasoline(NYM) also closed higher in September than August in 17(Cond Years) of those years. Of those 17, RBF went on to exceed the September high within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the RBF should exceed 163.93(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 173.57(Average Objective).

March RBOB Gasoline(NYM)
The RBH8(Mkt) ended Higher(Cond) for September(Month). Compared to August's 153.28(Prev Close), the market ended September at 160.24(Month Close), that being 66%(Pct Range) off of 150.00(Month Low) to 165.63(Month High).

In comparing the August/September closes for each of the last 31 years(Total Years), Scenario found that the March RBOB Gasoline(NYM) also closed higher in September than August in 15(Cond Years) of those years. Of those 15, RBH went on to exceed the September high within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the RBH should exceed 165.63(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 174.74(Average Objective).

January Natural Gas(NYM)
The NGF8(Mkt) ended Lower(Cond) for September(Month). Compared to August's 3.326(Prev Close), the market ended September at 3.295(Month Close), that being 32%(Pct Range) off of 3.221(Month Low) to 3.450(Month High).

In comparing the August/September closes for each of the last 27 years(Total Years), Scenario found that the January Natural Gas(NYM) also closed lower in September than August in 13(Cond Years) of those years. Of those 13, NGF went on to penetrate the September low within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the NGF should penetrate 3.221(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 2.752(Average Objective).

February Natural Gas(NYM)
The NGG8(Mkt) ended Lower(Cond) for September(Month). Compared to August's 3.321(Prev Close), the market ended September at 3.299(Month Close), that being 34%(Pct Range) off of 3.224(Month Low) to 3.446(Month High).

In comparing the August/September closes for each of the last 27 years(Total Years), Scenario found that the February Natural Gas(NYM) also closed lower in September than August in 14(Cond Years) of those years. Of those 14, NGG went on to penetrate the September 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 NGG should penetrate 3.224(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 2.827(Average Objective).

March Natural Gas(NYM)
The NGH8(Mkt) ended Lower(Cond) for September(Month). Compared to August's 3.279(Prev Close), the market ended September at 3.249(Month Close), that being 31%(Pct Range) off of 3.184(Month Low) to 3.391(Month High).

In comparing the August/September closes for each of the last 27 years(Total Years), Scenario found that the March Natural Gas(NYM) also closed lower in September than August in 13(Cond Years) of those years. Of those 13, NGH went on to penetrate the September low within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the NGH should penetrate 3.184(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 2.818(Average Objective).

January Soybean Oil(CBOT)
The BOF8(Mkt) ended Lower(Cond) for September(Month). Compared to August's 35.21(Prev Close), the market ended September at 32.99(Month Close), that being 5%(Pct Range) off of 32.83(Month Low) to 36.20(Month High).

In comparing the August/September closes for each of the last 45 years(Total Years), Scenario found that the January Soybean Oil(CBOT) also closed lower in September than August in 26(Cond Years) of those years. Of those 26, BOF went on to penetrate the September low within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the BOF should penetrate 32.83(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 30.31(Average Objective).

March Soybean Oil(CBOT)
The BOH8(Mkt) ended Lower(Cond) for September(Month). Compared to August's 35.42(Prev Close), the market ended September at 33.23(Month Close), that being 4%(Pct Range) off of 33.08(Month Low) to 36.42(Month High).

In comparing the August/September closes for each of the last 45 years(Total Years), Scenario found that the March Soybean Oil(CBOT) also closed lower in September than August in 26(Cond Years) of those years. Of those 26, BOH went on to penetrate the September low within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the BOH should penetrate 33.08(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 30.61(Average Objective).

December Corn(CBOT)
The CZ7(Mkt) ended Lower(Cond) for September(Month). Compared to August's 357.75(Prev Close), the market ended September at 355.25(Month Close), that being 59%(Pct Range) off of 345.50(Month Low) to 362.00(Month High).

In comparing the August/September closes for each of the last 45 years(Total Years), Scenario found that the December Corn(CBOT) also closed lower in September than August in 26(Cond Years) of those years. Of those 26, CZ went on to penetrate the September 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 345.50(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 321.00(Average Objective).

March Corn(CBOT)
The CH8(Mkt) ended Lower(Cond) for September(Month). Compared to August's 370.50(Prev Close), the market ended September at 367.75(Month Close), that being 59%(Pct Range) off of 358.00(Month Low) to 374.50(Month High).

In comparing the August/September closes for each of the last 45 years(Total Years), Scenario found that the March Corn(CBOT) also closed lower in September than August in 27(Cond Years) of those years. Of those 27, CH went on to penetrate the September low within the next 2 months in 23 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the CH should penetrate 358.00(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 333.18(Average Objective).

December Wheat(KCBT)
The KWZ7(Mkt) ended Higher(Cond) for September(Month). Compared to August's 436.25(Prev Close), the market ended September at 442.75(Month Close), that being 49%(Pct Range) off of 426.00(Month Low) to 460.25(Month High).

In comparing the August/September closes for each of the last 41 years(Total Years), Scenario found that the December Wheat(KCBT) also closed higher in September than August in 25(Cond Years) of those years. Of those 25, KWZ went on to exceed the September high within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the KWZ should exceed 460.25(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 489.42(Average Objective).

March Wheat(KCBT)
The KWH8(Mkt) ended Higher(Cond) for September(Month). Compared to August's 454.00(Prev Close), the market ended September at 460.25(Month Close), that being 49%(Pct Range) off of 443.50(Month Low) to 477.50(Month High).

In comparing the August/September closes for each of the last 41 years(Total Years), Scenario found that the March Wheat(KCBT) also closed higher in September than August in 25(Cond Years) of those years. Of those 25, KWH went on to exceed the September high within the next 2 months in 23 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the KWH should exceed 477.50(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 505.69(Average Objective).

January Rough Rice(CBOT)
The RRF8(Mkt) ended Lower(Cond) for September(Month). Compared to August's 13.07(Prev Close), the market ended September at 12.28(Month Close), that being 23%(Pct Range) off of 11.98(Month Low) to 13.25(Month High).

In comparing the August/September closes for each of the last 31 years(Total Years), Scenario found that the January Rough Rice(CBOT) also closed lower in September than August in 15(Cond Years) of those years. Of those 15, RRF went on to penetrate the September 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 RRF should penetrate 11.98(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 10.97(Average Objective).

March Rough Rice(CBOT)
The RRH8(Mkt) ended Lower(Cond) for September(Month). Compared to August's 13.20(Prev Close), the market ended September at 12.45(Month Close), that being 20%(Pct Range) off of 12.23(Month Low) to 13.35(Month High).

In comparing the August/September closes for each of the last 31 years(Total Years), Scenario found that the March Rough Rice(CBOT) also closed lower in September than August in 15(Cond Years) of those years. Of those 15, RRH went on to penetrate the September 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 RRH should penetrate 12.23(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 11.23(Average Objective).

December Live Cattle(CME)
The LCZ7(Mkt) ended Higher(Cond) for September(Month). Compared to August's 109.100(Prev Close), the market ended September at 115.250(Month Close), that being 72%(Pct Range) off of 108.885(Month Low) to 117.730(Month High).

In comparing the August/September closes for each of the last 45 years(Total Years), Scenario found that the December Live Cattle(CME) also closed higher in September than August in 24(Cond Years) of those years. Of those 24, LCZ went on to exceed the September high within the next 2 months in 21 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the LCZ should exceed 117.730(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 122.807(Average Objective).

February Live Cattle(CME)
The LCG8(Mkt) ended Higher(Cond) for September(Month). Compared to August's 112.350(Prev Close), the market ended September at 118.635(Month Close), that being 76%(Pct Range) off of 112.300(Month Low) to 120.635(Month High).

In comparing the August/September closes for each of the last 45 years(Total Years), Scenario found that the February Live Cattle(CME) also closed higher in September than August in 26(Cond Years) of those years. Of those 26, LCG went on to exceed the September high within the next 2 months in 24 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the LCG should exceed 120.635(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 125.245(Average Objective).

January Feeder Cattle(CME)
The FCF8(Mkt) ended Higher(Cond) for September(Month). Compared to August's 140.500(Prev Close), the market ended September at 151.530(Month Close), that being 81%(Pct Range) off of 139.950(Month Low) to 154.300(Month High).

In comparing the August/September closes for each of the last 40 years(Total Years), Scenario found that the January Feeder Cattle(CME) also closed higher in September than August in 21(Cond Years) of those years. Of those 21, FCF went on to exceed the September high within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the FCF should exceed 154.300(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 160.632(Average Objective).

January Lumber(CME)
The LBF8(Mkt) ended Higher(Cond) for September(Month). Compared to August's 380.0(Prev Close), the market ended September at 392.9(Month Close), that being 64%(Pct Range) off of 381.3(Month Low) to 399.3(Month High).

In comparing the August/September closes for each of the last 44 years(Total Years), Scenario found that the January Lumber(CME) also closed higher in September than August in 13(Cond Years) of those years. Of those 13, LBF went on to exceed the September high within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the LBF should exceed 399.3(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 433.7(Average Objective).

March Lumber(CME)
The LBH8(Mkt) ended Higher(Cond) for September(Month). Compared to August's 380.9(Prev Close), the market ended September at 384.5(Month Close), that being 47%(Pct Range) off of 379.0(Month Low) to 390.8(Month High).

In comparing the August/September closes for each of the last 44 years(Total Years), Scenario found that the March Lumber(CME) also closed higher in September than August in 14(Cond Years) of those years. Of those 14, LBH went on to exceed the September 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 LBH should exceed 390.8(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 418.8(Average Objective).

March Cotton(ICE)
The CTH8(Mkt) ended Lower(Cond) for September(Month). Compared to August's 70.11(Prev Close), the market ended September at 67.78(Month Close), that being 7%(Pct Range) off of 67.30(Month Low) to 74.20(Month High).

In comparing the August/September closes for each of the last 45 years(Total Years), Scenario found that the March Cotton(ICE) also closed lower in September than August in 27(Cond Years) of those years. Of those 27, CTH went on to penetrate the September low within the next 2 months in 23 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the CTH should penetrate 67.30(Scenario Objective) by no later than the end of November. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 62.67(Average Objective).
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