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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 30, 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
#DJ Higher Nov 33053.00 35969.00 33011.00 35951.00 99% 45 33 30 91% 35969.00 37727.83 35951.00
#TRAN Higher Nov 13896.00 15172.00 13870.00 15019.00 88% 45 34 30 88% 15172.00 16321.30 15019.00
#OEX Higher Nov 1977.30 2169.40 1981.30 2154.65 92% 45 31 28 90% 2169.40 2280.87 2154.65
#NQ Higher Nov 14409.75 16164.75 14443.00 15947.75 87% 38 26 24 92% 16164.75 17501.29 15947.75
#QR Higher Nov 1662.30 1770.60 1649.05 1705.30 46% 44 30 28 93% Yes 1885.71 1705.30
#MZ Higher Nov 2366.40 2574.40 2348.55 2563.60 95% 3 2 2 100% 2574.40 2649.14 2563.60
#VLE Higher Nov 8431.00 9231.00 8374.00 9179.00 94% 40 29 27 93% 9231.00 9783.80 9179.00
#SP Higher Nov 4193.75 4587.75 4197.75 4567.75 95% 45 33 30 91% 4587.75 4817.23 4567.75
YMH4 Higher Nov 33451 36361 33307 36349 100% 26 20 18 90% 36361 37981 36349
USH4 Higher Nov 109~120 117~240 108~180 116~140 86% 45 32 27 84% 117~240 122~058 116~140
TYH4 Higher Nov 106~145 110~155 106~050 109~255 84% 41 23 21 91% 110~155 113~031 109~255
BPH4 Higher Nov 121.64 127.42 121.11 126.33 83% 45 19 17 89% 127.42 131.46 126.33
CDH4 Higher Nov 72.30 73.98 72.12 73.83 92% 45 16 14 88% 73.98 75.34 73.83
EUH4 Higher Nov 106.51 110.70 105.85 109.41 73% 25 11 10 91% 110.70 115.43 109.41
GCG4 Higher Nov 2014.6 2072.7 1955.4 2057.2 87% 45 23 20 87% 2072.7 2202.9 2057.2
HGH4 Higher Nov 368.60 386.45 362.60 385.05 94% 45 23 20 87% 386.45 423.70 385.05
CLG4 Lower Nov 79.96 82.64 72.53 76.05 35% 40 21 18 86% 72.53 60.85 76.05
CLH4 Lower Nov 79.42 82.04 72.62 75.99 36% 40 21 18 86% 72.62 61.29 75.99
CLJ4 Lower Nov 78.93 81.50 72.65 75.85 36% 40 21 18 86% 72.65 61.76 75.85
HOG4 Lower Nov 281.54 292.19 261.63 271.62 33% 44 24 24 100% 261.63 228.19 271.62
HOH4 Lower Nov 276.70 287.07 258.40 267.58 32% 44 23 23 100% 258.40 225.70 267.58
HOJ4 Lower Nov 270.93 280.69 254.42 263.08 33% 43 23 22 96% 254.42 219.78 263.08
RBJ4 Lower Nov 242.37 247.50 228.43 238.27 52% 38 18 16 89% 228.43 199.07 238.27
NGG4 Lower Nov 3.746 3.792 2.724 2.763 4% 33 22 19 86% 2.724 2.138 2.763
NGH4 Lower Nov 3.468 3.520 2.592 2.637 5% 33 23 20 87% 2.592 2.124 2.637
NGJ4 Lower Nov 3.246 3.317 2.558 2.595 5% 33 23 20 87% 2.558 2.160 2.595
KWK4 Lower Nov 649.25 677.25 602.25 647.50 60% 45 27 24 89% 602.25 555.90 647.50
KCH4 Higher Nov 164.90 185.90 157.90 184.70 96% 45 21 18 86% 185.90 207.97 184.70


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for November(Month). Compared to October's 33053.00(Prev Close), the market ended November at 35951.00(Month Close), that being 99%(Pct Range) off of 33011.00(Month Low) to 35969.00(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed higher in November than October in 33(Cond Years) of those years. Of those 33, the #DJ went on to exceed the November high within the next 2 months in 30 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the the #DJ should exceed 35969.00(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 30 years) a potential move toward 37727.83(Average Objective).

Dow Jones Transportation
The #TRAN(Mkt) ended Higher(Cond) for November(Month). Compared to October's 13896.00(Prev Close), the market ended November at 15019.00(Month Close), that being 88%(Pct Range) off of 13870.00(Month Low) to 15172.00(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Transportation also closed higher in November than October in 34(Cond Years) of those years. Of those 34, the #TRAN went on to exceed the November high within the next 2 months in 30 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the the #TRAN should exceed 15172.00(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 30 years) a potential move toward 16321.30(Average Objective).

S & P 100(OEX)
The #OEX(Mkt) ended Higher(Cond) for November(Month). Compared to October's 1977.30(Prev Close), the market ended November at 2154.65(Month Close), that being 92%(Pct Range) off of 1981.30(Month Low) to 2169.40(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in November than October in 31(Cond Years) of those years. Of those 31, the #OEX went on to exceed the November high within the next 2 months in 28 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the the #OEX should exceed 2169.40(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 28 years) a potential move toward 2280.87(Average Objective).

NASDAQ 100 Index
The #NQ(Mkt) ended Higher(Cond) for November(Month). Compared to October's 14409.75(Prev Close), the market ended November at 15947.75(Month Close), that being 87%(Pct Range) off of 14443.00(Month Low) to 16164.75(Month High).

In comparing the October/November closes for each of the last 38 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in November than October in 26(Cond Years) of those years. Of those 26, the #NQ went on to exceed the November 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 the #NQ should exceed 16164.75(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 17501.29(Average Objective).

Russell 2000 Index
The #QR(Mkt) ended Higher(Cond) for November(Month). Compared to October's 1662.30(Prev Close), the market ended November at 1705.30(Month Close), that being 46%(Pct Range) off of 1649.05(Month Low) to 1770.60(Month High).

In comparing the October/November closes for each of the last 44 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in November than October in 30(Cond Years) of those years. Of those 30, the #QR went on to exceed the November high within the next 2 months in 28 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the the #QR should exceed 1770.60(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 28 years) a potential move toward 1885.71(Average Objective).

S&P MidCap 400 Index
The #MZ(Mkt) ended Higher(Cond) for November(Month). Compared to October's 2366.40(Prev Close), the market ended November at 2563.60(Month Close), that being 95%(Pct Range) off of 2348.55(Month Low) to 2574.40(Month High).

In comparing the October/November closes for each of the last 3 years(Total Years), Scenario found that the S&P MidCap 400 Index also closed higher in November than October in 2(Cond Years) of those years. Of those 2, the #MZ went on to exceed the November high within the next 2 months in 2 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #MZ should exceed 2574.40(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 2 years) a potential move toward 2649.14(Average Objective).

Value Line Index
The #VLE(Mkt) ended Higher(Cond) for November(Month). Compared to October's 8431.00(Prev Close), the market ended November at 9179.00(Month Close), that being 94%(Pct Range) off of 8374.00(Month Low) to 9231.00(Month High).

In comparing the October/November closes for each of the last 40 years(Total Years), Scenario found that the Value Line Index also closed higher in November than October in 29(Cond Years) of those years. Of those 29, the #VLE went on to exceed the November high within the next 2 months in 27 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the the #VLE should exceed 9231.00(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 27 years) a potential move toward 9783.80(Average Objective).

S & P 500 Stock Index
The #SP(Mkt) ended Higher(Cond) for November(Month). Compared to October's 4193.75(Prev Close), the market ended November at 4567.75(Month Close), that being 95%(Pct Range) off of 4197.75(Month Low) to 4587.75(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed higher in November than October in 33(Cond Years) of those years. Of those 33, the #SP went on to exceed the November high within the next 2 months in 30 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the the #SP should exceed 4587.75(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 30 years) a potential move toward 4817.23(Average Objective).

March E-mini DJIA Index(CBOT)
The YMH4(Mkt) ended Higher(Cond) for November(Month). Compared to October's 33451(Prev Close), the market ended November at 36349(Month Close), that being 100%(Pct Range) off of 33307(Month Low) to 36361(Month High).

In comparing the October/November closes for each of the last 26 years(Total Years), Scenario found that the March E-mini DJIA Index(CBOT) also closed higher in November than October in 20(Cond Years) of those years. Of those 20, YMH went on to exceed the November 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 YMH should exceed 36361(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 37981(Average Objective).

March 30-Year T-Bonds(CBOT)
The USH4(Mkt) ended Higher(Cond) for November(Month). Compared to October's 109~120(Prev Close), the market ended November at 116~140(Month Close), that being 86%(Pct Range) off of 108~180(Month Low) to 117~240(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the March 30-Year T-Bonds(CBOT) also closed higher in November than October in 32(Cond Years) of those years. Of those 32, USH went on to exceed the November high within the next 2 months in 27 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the USH should exceed 117~240(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 27 years) a potential move toward 122~058(Average Objective).

March 10-Year T-Notes(CBOT)
The TYH4(Mkt) ended Higher(Cond) for November(Month). Compared to October's 106~145(Prev Close), the market ended November at 109~255(Month Close), that being 84%(Pct Range) off of 106~050(Month Low) to 110~155(Month High).

In comparing the October/November closes for each of the last 41 years(Total Years), Scenario found that the March 10-Year T-Notes(CBOT) also closed higher in November than October in 23(Cond Years) of those years. Of those 23, TYH went on to exceed the November high within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the TYH should exceed 110~155(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 113~031(Average Objective).

March British Pound(CME)
The BPH4(Mkt) ended Higher(Cond) for November(Month). Compared to October's 121.64(Prev Close), the market ended November at 126.33(Month Close), that being 83%(Pct Range) off of 121.11(Month Low) to 127.42(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the March British Pound(CME) also closed higher in November than October in 19(Cond Years) of those years. Of those 19, BPH went on to exceed the November 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 BPH should exceed 127.42(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 131.46(Average Objective).

March Canadian Dollar(CME)
The CDH4(Mkt) ended Higher(Cond) for November(Month). Compared to October's 72.30(Prev Close), the market ended November at 73.83(Month Close), that being 92%(Pct Range) off of 72.12(Month Low) to 73.98(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the March Canadian Dollar(CME) also closed higher in November than October in 16(Cond Years) of those years. Of those 16, CDH went on to exceed the November 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 CDH should exceed 73.98(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 75.34(Average Objective).

March EuroFX(CME)
The EUH4(Mkt) ended Higher(Cond) for November(Month). Compared to October's 106.51(Prev Close), the market ended November at 109.41(Month Close), that being 73%(Pct Range) off of 105.85(Month Low) to 110.70(Month High).

In comparing the October/November closes for each of the last 25 years(Total Years), Scenario found that the March EuroFX(CME) also closed higher in November than October in 11(Cond Years) of those years. Of those 11, EUH went on to exceed the November high within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the EUH should exceed 110.70(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 115.43(Average Objective).

February Gold(CMX)
The GCG4(Mkt) ended Higher(Cond) for November(Month). Compared to October's 2014.6(Prev Close), the market ended November at 2057.2(Month Close), that being 87%(Pct Range) off of 1955.4(Month Low) to 2072.7(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the February Gold(CMX) also closed higher in November than October in 23(Cond Years) of those years. Of those 23, GCG went on to exceed the November high within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the GCG should exceed 2072.7(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 2202.9(Average Objective).

March Copper(CMX)
The HGH4(Mkt) ended Higher(Cond) for November(Month). Compared to October's 368.60(Prev Close), the market ended November at 385.05(Month Close), that being 94%(Pct Range) off of 362.60(Month Low) to 386.45(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the March Copper(CMX) also closed higher in November than October in 23(Cond Years) of those years. Of those 23, HGH went on to exceed the November high within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the HGH should exceed 386.45(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 423.70(Average Objective).

February Crude Oil(NYM)
The CLG4(Mkt) ended Lower(Cond) for November(Month). Compared to October's 79.96(Prev Close), the market ended November at 76.05(Month Close), that being 35%(Pct Range) off of 72.53(Month Low) to 82.64(Month High).

In comparing the October/November closes for each of the last 40 years(Total Years), Scenario found that the February Crude Oil(NYM) also closed lower in November than October in 21(Cond Years) of those years. Of those 21, CLG went on to penetrate the November 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 CLG should penetrate 72.53(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 60.85(Average Objective).

March Crude Oil(NYM)
The CLH4(Mkt) ended Lower(Cond) for November(Month). Compared to October's 79.42(Prev Close), the market ended November at 75.99(Month Close), that being 36%(Pct Range) off of 72.62(Month Low) to 82.04(Month High).

In comparing the October/November closes for each of the last 40 years(Total Years), Scenario found that the March Crude Oil(NYM) also closed lower in November than October in 21(Cond Years) of those years. Of those 21, CLH went on to penetrate the November 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 CLH should penetrate 72.62(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 61.29(Average Objective).

April Crude Oil(NYM)
The CLJ4(Mkt) ended Lower(Cond) for November(Month). Compared to October's 78.93(Prev Close), the market ended November at 75.85(Month Close), that being 36%(Pct Range) off of 72.65(Month Low) to 81.50(Month High).

In comparing the October/November closes for each of the last 40 years(Total Years), Scenario found that the April Crude Oil(NYM) also closed lower in November than October in 21(Cond Years) of those years. Of those 21, CLJ went on to penetrate the November 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 CLJ should penetrate 72.65(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 61.76(Average Objective).

February NY Harbor ULSD(NYM)
The HOG4(Mkt) ended Lower(Cond) for November(Month). Compared to October's 281.54(Prev Close), the market ended November at 271.62(Month Close), that being 33%(Pct Range) off of 261.63(Month Low) to 292.19(Month High).

In comparing the October/November closes for each of the last 44 years(Total Years), Scenario found that the February NY Harbor ULSD(NYM) also closed lower in November than October in 24(Cond Years) of those years. Of those 24, HOG went on to penetrate the November low within the next 2 months in 24 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HOG should penetrate 261.63(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 228.19(Average Objective).

March NY Harbor ULSD(NYM)
The HOH4(Mkt) ended Lower(Cond) for November(Month). Compared to October's 276.70(Prev Close), the market ended November at 267.58(Month Close), that being 32%(Pct Range) off of 258.40(Month Low) to 287.07(Month High).

In comparing the October/November closes for each of the last 44 years(Total Years), Scenario found that the March NY Harbor ULSD(NYM) also closed lower in November than October in 23(Cond Years) of those years. Of those 23, HOH went on to penetrate the November low within the next 2 months in 23 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HOH should penetrate 258.40(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 225.70(Average Objective).

April NY Harbor ULSD(NYM)
The HOJ4(Mkt) ended Lower(Cond) for November(Month). Compared to October's 270.93(Prev Close), the market ended November at 263.08(Month Close), that being 33%(Pct Range) off of 254.42(Month Low) to 280.69(Month High).

In comparing the October/November closes for each of the last 43 years(Total Years), Scenario found that the April NY Harbor ULSD(NYM) also closed lower in November than October in 23(Cond Years) of those years. Of those 23, HOJ went on to penetrate the November 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 HOJ should penetrate 254.42(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 219.78(Average Objective).

April RBOB Gasoline(NYM)
The RBJ4(Mkt) ended Lower(Cond) for November(Month). Compared to October's 242.37(Prev Close), the market ended November at 238.27(Month Close), that being 52%(Pct Range) off of 228.43(Month Low) to 247.50(Month High).

In comparing the October/November closes for each of the last 38 years(Total Years), Scenario found that the April RBOB Gasoline(NYM) also closed lower in November than October in 18(Cond Years) of those years. Of those 18, RBJ went on to penetrate the November 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 RBJ should penetrate 228.43(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 199.07(Average Objective).

February Natural Gas(NYM)
The NGG4(Mkt) ended Lower(Cond) for November(Month). Compared to October's 3.746(Prev Close), the market ended November at 2.763(Month Close), that being 4%(Pct Range) off of 2.724(Month Low) to 3.792(Month High).

In comparing the October/November closes for each of the last 33 years(Total Years), Scenario found that the February Natural Gas(NYM) also closed lower in November than October in 22(Cond Years) of those years. Of those 22, NGG went on to penetrate the November 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 NGG should penetrate 2.724(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 2.138(Average Objective).

March Natural Gas(NYM)
The NGH4(Mkt) ended Lower(Cond) for November(Month). Compared to October's 3.468(Prev Close), the market ended November at 2.637(Month Close), that being 5%(Pct Range) off of 2.592(Month Low) to 3.520(Month High).

In comparing the October/November closes for each of the last 33 years(Total Years), Scenario found that the March Natural Gas(NYM) also closed lower in November than October in 23(Cond Years) of those years. Of those 23, NGH went on to penetrate the November 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 NGH should penetrate 2.592(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 2.124(Average Objective).

April Natural Gas(NYM)
The NGJ4(Mkt) ended Lower(Cond) for November(Month). Compared to October's 3.246(Prev Close), the market ended November at 2.595(Month Close), that being 5%(Pct Range) off of 2.558(Month Low) to 3.317(Month High).

In comparing the October/November closes for each of the last 33 years(Total Years), Scenario found that the April Natural Gas(NYM) also closed lower in November than October in 23(Cond Years) of those years. Of those 23, NGJ went on to penetrate the November 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 NGJ should penetrate 2.558(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 2.160(Average Objective).

May Wheat(KCBT)
The KWK4(Mkt) ended Lower(Cond) for November(Month). Compared to October's 649.25(Prev Close), the market ended November at 647.50(Month Close), that being 60%(Pct Range) off of 602.25(Month Low) to 677.25(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the May Wheat(KCBT) also closed lower in November than October in 27(Cond Years) of those years. Of those 27, KWK went on to penetrate the November low within the next 2 months in 24 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the KWK should penetrate 602.25(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 555.90(Average Objective).

March Coffee "C"(ICE)
The KCH4(Mkt) ended Higher(Cond) for November(Month). Compared to October's 164.90(Prev Close), the market ended November at 184.70(Month Close), that being 96%(Pct Range) off of 157.90(Month Low) to 185.90(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the March Coffee "C"(ICE) also closed higher in November than October in 21(Cond Years) of those years. Of those 21, KCH went on to exceed the November 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 KCH should exceed 185.90(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 207.97(Average Objective).
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