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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 Nov 01, 2023
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
TUH4 Lower Oct 101~241 101~306 101~080 101~175 42% 19 8 7 88% 101~080 100~276 101~175
EUH4 Lower Oct 106.63 107.67 105.32 106.51 51% 24 13 11 85% 105.32 102.55 106.51
JYH4 Lower Oct 68.83 69.69 67.45 67.50 2% 45 27 23 85% 67.45 64.76 67.50
CLF4 Lower Oct 86.98 88.37 78.93 80.50 17% 40 21 20 95% 78.93 68.86 80.50
CLG4 Lower Oct 85.27 86.93 77.86 79.96 23% 40 20 19 95% 77.86 67.32 79.96
CLH4 Lower Oct 83.88 85.71 76.93 79.42 28% 40 20 19 95% 76.93 66.90 79.42
HOF4 Lower Oct 306.56 310.78 272.64 285.61 34% 44 27 23 85% 272.64 234.54 285.61
HOG4 Lower Oct 300.39 304.29 269.48 281.54 35% 44 25 21 84% 269.48 230.51 281.54
HOH4 Lower Oct 293.52 297.11 265.09 276.70 36% 44 22 19 86% 265.09 225.87 276.70
RBG4 Lower Oct 231.84 236.05 212.20 221.57 39% 38 19 16 84% 212.20 181.73 221.57
RBH4 Lower Oct 232.63 236.79 213.50 222.79 40% 38 19 16 84% 213.50 184.85 222.79
CBG4 Lower Oct 88.82 91.04 81.26 84.45 33% 34 16 15 94% 81.26 68.59 84.45
CBH4 Lower Oct 87.67 89.99 80.49 83.89 36% 34 17 16 94% 80.49 67.84 83.89
CBJ4 Lower Oct 86.75 89.08 79.90 83.41 38% 33 18 16 89% 79.90 67.60 83.41
JOK4 Higher Oct 319.50 383.10 319.40 362.35 67% 45 20 17 85% 383.10 415.14 362.35
CCH4 Higher Oct 3428 3907 3400 3847 88% 45 15 13 87% 3907 4209 3847
CCK4 Higher Oct 3406 3883 3378 3825 89% 45 15 14 93% 3883 4183 3825


March 2 Year T-Notes(CBOT)
The TUH4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 101~241(Prev Close), the market ended October at 101~175(Month Close), that being 42%(Pct Range) off of 101~080(Month Low) to 101~306(Month High).

In comparing the September/October closes for each of the last 19 years(Total Years), Scenario found that the March 2 Year T-Notes(CBOT) also closed lower in October than September in 8(Cond Years) of those years. Of those 8, TUH went on to penetrate the October low within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the TUH should penetrate 101~080(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 100~276(Average Objective).

March EuroFX(CME)
The EUH4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 106.63(Prev Close), the market ended October at 106.51(Month Close), that being 51%(Pct Range) off of 105.32(Month Low) to 107.67(Month High).

In comparing the September/October closes for each of the last 24 years(Total Years), Scenario found that the March EuroFX(CME) also closed lower in October than September in 13(Cond Years) of those years. Of those 13, EUH went on to penetrate the October 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 EUH should penetrate 105.32(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 102.55(Average Objective).

March Japanese Yen(CME)
The JYH4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 68.83(Prev Close), the market ended October at 67.50(Month Close), that being 2%(Pct Range) off of 67.45(Month Low) to 69.69(Month High).

In comparing the September/October closes for each of the last 45 years(Total Years), Scenario found that the March Japanese Yen(CME) also closed lower in October than September in 27(Cond Years) of those years. Of those 27, JYH went on to penetrate the October 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 JYH should penetrate 67.45(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 64.76(Average Objective).

January Crude Oil(NYM)
The CLF4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 86.98(Prev Close), the market ended October at 80.50(Month Close), that being 17%(Pct Range) off of 78.93(Month Low) to 88.37(Month High).

In comparing the September/October closes for each of the last 40 years(Total Years), Scenario found that the January Crude Oil(NYM) also closed lower in October than September in 21(Cond Years) of those years. Of those 21, CLF went on to penetrate the October low within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the CLF should penetrate 78.93(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 68.86(Average Objective).

February Crude Oil(NYM)
The CLG4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 85.27(Prev Close), the market ended October at 79.96(Month Close), that being 23%(Pct Range) off of 77.86(Month Low) to 86.93(Month High).

In comparing the September/October closes for each of the last 40 years(Total Years), Scenario found that the February Crude Oil(NYM) also closed lower in October than September in 20(Cond Years) of those years. Of those 20, CLG went on to penetrate the October 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 CLG should penetrate 77.86(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 67.32(Average Objective).

March Crude Oil(NYM)
The CLH4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 83.88(Prev Close), the market ended October at 79.42(Month Close), that being 28%(Pct Range) off of 76.93(Month Low) to 85.71(Month High).

In comparing the September/October closes for each of the last 40 years(Total Years), Scenario found that the March Crude Oil(NYM) also closed lower in October than September in 20(Cond Years) of those years. Of those 20, CLH went on to penetrate the October 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 CLH should penetrate 76.93(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 66.90(Average Objective).

January NY Harbor ULSD(NYM)
The HOF4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 306.56(Prev Close), the market ended October at 285.61(Month Close), that being 34%(Pct Range) off of 272.64(Month Low) to 310.78(Month High).

In comparing the September/October closes for each of the last 44 years(Total Years), Scenario found that the January NY Harbor ULSD(NYM) also closed lower in October than September in 27(Cond Years) of those years. Of those 27, HOF went on to penetrate the October 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 HOF should penetrate 272.64(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 234.54(Average Objective).

February NY Harbor ULSD(NYM)
The HOG4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 300.39(Prev Close), the market ended October at 281.54(Month Close), that being 35%(Pct Range) off of 269.48(Month Low) to 304.29(Month High).

In comparing the September/October closes for each of the last 44 years(Total Years), Scenario found that the February NY Harbor ULSD(NYM) also closed lower in October than September in 25(Cond Years) of those years. Of those 25, HOG went on to penetrate the October low within the next 2 months in 21 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the HOG should penetrate 269.48(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 230.51(Average Objective).

March NY Harbor ULSD(NYM)
The HOH4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 293.52(Prev Close), the market ended October at 276.70(Month Close), that being 36%(Pct Range) off of 265.09(Month Low) to 297.11(Month High).

In comparing the September/October closes for each of the last 44 years(Total Years), Scenario found that the March NY Harbor ULSD(NYM) also closed lower in October than September in 22(Cond Years) of those years. Of those 22, HOH went on to penetrate the October 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 HOH should penetrate 265.09(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 225.87(Average Objective).

February RBOB Gasoline(NYM)
The RBG4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 231.84(Prev Close), the market ended October at 221.57(Month Close), that being 39%(Pct Range) off of 212.20(Month Low) to 236.05(Month High).

In comparing the September/October closes for each of the last 38 years(Total Years), Scenario found that the February RBOB Gasoline(NYM) also closed lower in October than September in 19(Cond Years) of those years. Of those 19, RBG went on to penetrate the October low within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the RBG should penetrate 212.20(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 181.73(Average Objective).

March RBOB Gasoline(NYM)
The RBH4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 232.63(Prev Close), the market ended October at 222.79(Month Close), that being 40%(Pct Range) off of 213.50(Month Low) to 236.79(Month High).

In comparing the September/October closes for each of the last 38 years(Total Years), Scenario found that the March RBOB Gasoline(NYM) also closed lower in October than September in 19(Cond Years) of those years. Of those 19, RBH went on to penetrate the October low within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the RBH should penetrate 213.50(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 184.85(Average Objective).

February Brent Crude Oil(ICE)
The CBG4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 88.82(Prev Close), the market ended October at 84.45(Month Close), that being 33%(Pct Range) off of 81.26(Month Low) to 91.04(Month High).

In comparing the September/October closes for each of the last 34 years(Total Years), Scenario found that the February Brent Crude Oil(ICE) also closed lower in October than September in 16(Cond Years) of those years. Of those 16, CBG went on to penetrate the October low within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the CBG should penetrate 81.26(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 68.59(Average Objective).

March Brent Crude Oil(ICE)
The CBH4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 87.67(Prev Close), the market ended October at 83.89(Month Close), that being 36%(Pct Range) off of 80.49(Month Low) to 89.99(Month High).

In comparing the September/October closes for each of the last 34 years(Total Years), Scenario found that the March Brent Crude Oil(ICE) also closed lower in October than September in 17(Cond Years) of those years. Of those 17, CBH went on to penetrate the October low within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the CBH should penetrate 80.49(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 67.84(Average Objective).

April Brent Crude Oil(ICE)
The CBJ4(Mkt) ended Lower(Cond) for October(Month). Compared to September's 86.75(Prev Close), the market ended October at 83.41(Month Close), that being 38%(Pct Range) off of 79.90(Month Low) to 89.08(Month High).

In comparing the September/October closes for each of the last 33 years(Total Years), Scenario found that the April Brent Crude Oil(ICE) also closed lower in October than September in 18(Cond Years) of those years. Of those 18, CBJ went on to penetrate the October 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 CBJ should penetrate 79.90(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 67.60(Average Objective).

May Orange Juice(ICE)
The JOK4(Mkt) ended Higher(Cond) for October(Month). Compared to September's 319.50(Prev Close), the market ended October at 362.35(Month Close), that being 67%(Pct Range) off of 319.40(Month Low) to 383.10(Month High).

In comparing the September/October closes for each of the last 45 years(Total Years), Scenario found that the May Orange Juice(ICE) also closed higher in October than September in 20(Cond Years) of those years. Of those 20, JOK went on to exceed the October high within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the JOK should exceed 383.10(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 415.14(Average Objective).

March Cocoa(ICE)
The CCH4(Mkt) ended Higher(Cond) for October(Month). Compared to September's 3428(Prev Close), the market ended October at 3847(Month Close), that being 88%(Pct Range) off of 3400(Month Low) to 3907(Month High).

In comparing the September/October closes for each of the last 45 years(Total Years), Scenario found that the March Cocoa(ICE) also closed higher in October than September in 15(Cond Years) of those years. Of those 15, CCH went on to exceed the October high within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the CCH should exceed 3907(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 4209(Average Objective).

May Cocoa(ICE)
The CCK4(Mkt) ended Higher(Cond) for October(Month). Compared to September's 3406(Prev Close), the market ended October at 3825(Month Close), that being 89%(Pct Range) off of 3378(Month Low) to 3883(Month High).

In comparing the September/October closes for each of the last 45 years(Total Years), Scenario found that the May Cocoa(ICE) also closed higher in October than September in 15(Cond Years) of those years. Of those 15, CCK went on to exceed the October 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 CCK should exceed 3883(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 4183(Average Objective).
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