|
MRCI's ScenarioSM Summary |
|
ScenarioSM Summary Jan 31, 2007 |
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 |
Jan |
12463.00 |
12657.00 |
12337.00 |
12622.00 |
89% |
45 |
30 |
27 |
90% |
12657.00 |
13318.64 |
12622.00 |
#TRAN |
Higher |
Jan |
4560.20 |
4921.40 |
4564.60 |
4916.80 |
99% |
35 |
22 |
20 |
91% |
4921.40 |
5308.94 |
4916.80 |
#OEX |
Higher |
Jan |
660.40 |
670.00 |
654.35 |
667.00 |
81% |
23 |
15 |
13 |
87% |
670.00 |
702.73 |
667.00 |
#MID |
Higher |
Jan |
804.35 |
834.80 |
796.65 |
833.00 |
95% |
25 |
16 |
15 |
94% |
834.80 |
877.34 |
833.00 |
#VLE |
Higher |
Jan |
2216.70 |
2279.00 |
2185.90 |
2273.70 |
94% |
23 |
15 |
14 |
93% |
2279.00 |
2406.02 |
2273.70 |
#SSNI |
Higher |
Jan |
17226 |
17618 |
16758 |
17383 |
73% |
24 |
15 |
13 |
87% |
17618 |
18799 |
17383 |
#SP |
Higher |
Jan |
1418.30 |
1441.60 |
1403.95 |
1438.25 |
91% |
45 |
28 |
26 |
93% |
1441.60 |
1512.39 |
1438.25 |
SPM7 |
Higher |
Jan |
1441.10 |
1459.40 |
1426.10 |
1456.20 |
90% |
24 |
17 |
15 |
88% |
1459.40 |
1541.94 |
1456.20 |
EDM7 |
Lower |
Jan |
94.770 |
94.915 |
94.635 |
94.655 |
7% |
24 |
10 |
9 |
90% |
94.635 |
94.319 |
94.655 |
EDU7 |
Lower |
Jan |
94.915 |
95.090 |
94.685 |
94.745 |
15% |
24 |
11 |
10 |
91% |
94.685 |
94.285 |
94.745 |
SFM7 |
Lower |
Jan |
83.17 |
83.64 |
80.73 |
81.35 |
21% |
31 |
21 |
19 |
90% |
80.73 |
77.24 |
81.35 |
JYM7 |
Lower |
Jan |
85.82 |
86.15 |
83.56 |
84.36 |
31% |
30 |
20 |
17 |
85% |
83.56 |
80.28 |
84.36 |
PLJ7 |
Higher |
Jan |
1144.3 |
1189.0 |
1112.0 |
1182.3 |
91% |
38 |
21 |
20 |
95% |
1189.0 |
1291.7 |
1182.3 |
NGK7 |
Higher |
Jan |
6.703 |
7.890 |
6.460 |
7.690 |
86% |
16 |
7 |
7 |
100% |
7.890 |
9.206 |
7.690 |
NGM7 |
Higher |
Jan |
6.813 |
7.850 |
6.570 |
7.766 |
93% |
16 |
7 |
7 |
100% |
7.850 |
9.093 |
7.766 |
WK7 |
Lower |
Jan |
508.00 |
501.75 |
458.50 |
481.00 |
52% |
45 |
26 |
23 |
88% |
458.50 |
427.41 |
481.00 |
WN7 |
Lower |
Jan |
497.50 |
501.00 |
460.50 |
488.00 |
68% |
45 |
25 |
22 |
88% |
460.50 |
433.71 |
488.00 |
KWK7 |
Lower |
Jan |
517.00 |
517.50 |
475.50 |
497.50 |
52% |
30 |
14 |
13 |
93% |
475.50 |
454.53 |
497.50 |
KWN7 |
Lower |
Jan |
509.75 |
511.75 |
472.00 |
501.50 |
74% |
30 |
13 |
12 |
92% |
472.00 |
448.48 |
501.50 |
MWH7 |
Lower |
Jan |
518.50 |
512.00 |
469.00 |
495.25 |
61% |
26 |
10 |
10 |
100% |
469.00 |
448.80 |
495.25 |
MWK7 |
Lower |
Jan |
526.00 |
521.00 |
478.25 |
508.00 |
70% |
26 |
13 |
13 |
100% |
478.25 |
460.08 |
508.00 |
OK7 |
Lower |
Jan |
277.00 |
282.50 |
254.50 |
266.75 |
44% |
32 |
19 |
17 |
89% |
254.50 |
231.27 |
266.75 |
ON7 |
Lower |
Jan |
281.00 |
286.00 |
262.00 |
273.75 |
49% |
32 |
20 |
17 |
85% |
262.00 |
241.52 |
273.75 |
RRK7 |
Lower |
Jan |
10.65 |
10.95 |
10.40 |
10.42 |
3% |
20 |
9 |
8 |
89% |
10.40 |
9.23 |
10.42 |
RRN7 |
Lower |
Jan |
10.79 |
11.05 |
10.67 |
10.68 |
3% |
17 |
9 |
8 |
89% |
10.67 |
9.52 |
10.68 |
KCK7 |
Lower |
Jan |
129.20 |
128.50 |
118.50 |
120.90 |
24% |
33 |
18 |
17 |
94% |
118.50 |
109.79 |
120.90 |
KCN7 |
Lower |
Jan |
132.00 |
130.90 |
121.50 |
123.85 |
25% |
33 |
16 |
15 |
94% |
121.50 |
112.54 |
123.85 |
- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 12463.00(Prev Close), the market ended January at 12622.00(Month Close),
that being 89%(Pct Range) off of
12337.00(Month Low) to 12657.00(Month High).
In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed
higher in January than December in 30(Cond Years) of those years.
Of those 30, the #DJ went on to exceed the January high within the next 2 months in 27 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 12657.00(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 27 years) a potential move
toward 13318.64(Average Objective).
- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 4560.20(Prev Close), the market ended January at 4916.80(Month Close),
that being 99%(Pct Range) off of
4564.60(Month Low) to 4921.40(Month High).
In comparing the December/January closes for each of the last 35 years(Total Years), Scenario found that the Dow Jones Transportation also closed
higher in January than December in 22(Cond Years) of those years.
Of those 22, the #TRAN went on to exceed the January high within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the the #TRAN should exceed 4921.40(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 5308.94(Average Objective).
- S & P 100(OEX)
- The #OEX(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 660.40(Prev Close), the market ended January at 667.00(Month Close),
that being 81%(Pct Range) off of
654.35(Month Low) to 670.00(Month High).
In comparing the December/January closes for each of the last 23 years(Total Years), Scenario found that the S & P 100(OEX) also closed
higher in January than December in 15(Cond Years) of those years.
Of those 15, the #OEX went on to exceed the January 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 the #OEX should exceed 670.00(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 702.73(Average Objective).
- S & P Midcap 400 Index
- The #MID(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 804.35(Prev Close), the market ended January at 833.00(Month Close),
that being 95%(Pct Range) off of
796.65(Month Low) to 834.80(Month High).
In comparing the December/January closes for each of the last 25 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed
higher in January than December in 16(Cond Years) of those years.
Of those 16, the #MID went on to exceed the January high within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the the #MID should exceed 834.80(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 877.34(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 2216.70(Prev Close), the market ended January at 2273.70(Month Close),
that being 94%(Pct Range) off of
2185.90(Month Low) to 2279.00(Month High).
In comparing the December/January closes for each of the last 23 years(Total Years), Scenario found that the Value Line Index also closed
higher in January than December in 15(Cond Years) of those years.
Of those 15, the #VLE went on to exceed the January 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 #VLE should exceed 2279.00(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 2406.02(Average Objective).
- Nikkei 225 Index
- The #SSNI(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 17226(Prev Close), the market ended January at 17383(Month Close),
that being 73%(Pct Range) off of
16758(Month Low) to 17618(Month High).
In comparing the December/January closes for each of the last 24 years(Total Years), Scenario found that the Nikkei 225 Index also closed
higher in January than December in 15(Cond Years) of those years.
Of those 15, the #SSNI went on to exceed the January 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 the #SSNI should exceed 17618(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 18799(Average Objective).
- S & P 500 Stock Index
- The #SP(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 1418.30(Prev Close), the market ended January at 1438.25(Month Close),
that being 91%(Pct Range) off of
1403.95(Month Low) to 1441.60(Month High).
In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed
higher in January than December in 28(Cond Years) of those years.
Of those 28, the #SP went on to exceed the January high within the next 2 months in 26 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the the #SP should exceed 1441.60(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 26 years) a potential move
toward 1512.39(Average Objective).
- June S & P 500(CME)
- The SPM7(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 1441.10(Prev Close), the market ended January at 1456.20(Month Close),
that being 90%(Pct Range) off of
1426.10(Month Low) to 1459.40(Month High).
In comparing the December/January closes for each of the last 24 years(Total Years), Scenario found that the June S & P 500(CME) also closed
higher in January than December in 17(Cond Years) of those years.
Of those 17, SPM went on to exceed the January 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 SPM should exceed 1459.40(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 1541.94(Average Objective).
- June Eurodollars(CME)
- The EDM7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 94.770(Prev Close), the market ended January at 94.655(Month Close),
that being 7%(Pct Range) off of
94.635(Month Low) to 94.915(Month High).
In comparing the December/January closes for each of the last 24 years(Total Years), Scenario found that the June Eurodollars(CME) also closed
lower in January than December in 10(Cond Years) of those years.
Of those 10, EDM went on to penetrate the January low within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the EDM should penetrate 94.635(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 94.319(Average Objective).
- September Eurodollars(CME)
- The EDU7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 94.915(Prev Close), the market ended January at 94.745(Month Close),
that being 15%(Pct Range) off of
94.685(Month Low) to 95.090(Month High).
In comparing the December/January closes for each of the last 24 years(Total Years), Scenario found that the September Eurodollars(CME) also closed
lower in January than December in 11(Cond Years) of those years.
Of those 11, EDU went on to penetrate the January 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 EDU should penetrate 94.685(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 94.285(Average Objective).
- June Swiss Franc(CME)
- The SFM7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 83.17(Prev Close), the market ended January at 81.35(Month Close),
that being 21%(Pct Range) off of
80.73(Month Low) to 83.64(Month High).
In comparing the December/January closes for each of the last 31 years(Total Years), Scenario found that the June Swiss Franc(CME) also closed
lower in January than December in 21(Cond Years) of those years.
Of those 21, SFM went on to penetrate the January low within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the SFM should penetrate 80.73(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 77.24(Average Objective).
- June Japanese Yen(CME)
- The JYM7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 85.82(Prev Close), the market ended January at 84.36(Month Close),
that being 31%(Pct Range) off of
83.56(Month Low) to 86.15(Month High).
In comparing the December/January closes for each of the last 30 years(Total Years), Scenario found that the June Japanese Yen(CME) also closed
lower in January than December in 20(Cond Years) of those years.
Of those 20, JYM went on to penetrate the January 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 JYM should penetrate 83.56(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 80.28(Average Objective).
- April Platinum(NYM)
- The PLJ7(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 1144.3(Prev Close), the market ended January at 1182.3(Month Close),
that being 91%(Pct Range) off of
1112.0(Month Low) to 1189.0(Month High).
In comparing the December/January closes for each of the last 38 years(Total Years), Scenario found that the April Platinum(NYM) also closed
higher in January than December in 21(Cond Years) of those years.
Of those 21, PLJ went on to exceed the January 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 PLJ should exceed 1189.0(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 1291.7(Average Objective).
- May Natural Gas(NYM)
- The NGK7(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 6.703(Prev Close), the market ended January at 7.690(Month Close),
that being 86%(Pct Range) off of
6.460(Month Low) to 7.890(Month High).
In comparing the December/January closes for each of the last 16 years(Total Years), Scenario found that the May Natural Gas(NYM) also closed
higher in January than December in 7(Cond Years) of those years.
Of those 7, NGK went on to exceed the January high within the next 2 months in 7 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NGK should exceed 7.890(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 9.206(Average Objective).
- June Natural Gas(NYM)
- The NGM7(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 6.813(Prev Close), the market ended January at 7.766(Month Close),
that being 93%(Pct Range) off of
6.570(Month Low) to 7.850(Month High).
In comparing the December/January closes for each of the last 16 years(Total Years), Scenario found that the June Natural Gas(NYM) also closed
higher in January than December in 7(Cond Years) of those years.
Of those 7, NGM went on to exceed the January high within the next 2 months in 7 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NGM should exceed 7.850(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 9.093(Average Objective).
- May Wheat(CBOT)
- The WK7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 508.00(Prev Close), the market ended January at 481.00(Month Close),
that being 52%(Pct Range) off of
458.50(Month Low) to 501.75(Month High).
In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the May Wheat(CBOT) also closed
lower in January than December in 26(Cond Years) of those years.
Of those 26, WK went on to penetrate the January 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 WK should penetrate 458.50(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 427.41(Average Objective).
- July Wheat(CBOT)
- The WN7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 497.50(Prev Close), the market ended January at 488.00(Month Close),
that being 68%(Pct Range) off of
460.50(Month Low) to 501.00(Month High).
In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the July Wheat(CBOT) also closed
lower in January than December in 25(Cond Years) of those years.
Of those 25, WN went on to penetrate the January low within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the WN should penetrate 460.50(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 433.71(Average Objective).
- May Wheat(KCBT)
- The KWK7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 517.00(Prev Close), the market ended January at 497.50(Month Close),
that being 52%(Pct Range) off of
475.50(Month Low) to 517.50(Month High).
In comparing the December/January closes for each of the last 30 years(Total Years), Scenario found that the May Wheat(KCBT) also closed
lower in January than December in 14(Cond Years) of those years.
Of those 14, KWK went on to penetrate the January 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 KWK should penetrate 475.50(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 454.53(Average Objective).
- July Wheat(KCBT)
- The KWN7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 509.75(Prev Close), the market ended January at 501.50(Month Close),
that being 74%(Pct Range) off of
472.00(Month Low) to 511.75(Month High).
In comparing the December/January closes for each of the last 30 years(Total Years), Scenario found that the July Wheat(KCBT) also closed
lower in January than December in 13(Cond Years) of those years.
Of those 13, KWN went on to penetrate the January 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 KWN should penetrate 472.00(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 448.48(Average Objective).
- March Wheat(MGE)
- The MWH7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 518.50(Prev Close), the market ended January at 495.25(Month Close),
that being 61%(Pct Range) off of
469.00(Month Low) to 512.00(Month High).
In comparing the December/January closes for each of the last 26 years(Total Years), Scenario found that the March Wheat(MGE) also closed
lower in January than December in 10(Cond Years) of those years.
Of those 10, MWH went on to penetrate the January low within the next 2 months in 10 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the MWH should penetrate 469.00(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 448.80(Average Objective).
- May Wheat(MGE)
- The MWK7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 526.00(Prev Close), the market ended January at 508.00(Month Close),
that being 70%(Pct Range) off of
478.25(Month Low) to 521.00(Month High).
In comparing the December/January closes for each of the last 26 years(Total Years), Scenario found that the May Wheat(MGE) also closed
lower in January than December in 13(Cond Years) of those years.
Of those 13, MWK went on to penetrate the January low within the next 2 months in 13 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the MWK should penetrate 478.25(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 460.08(Average Objective).
- May Oats(CBOT)
- The OK7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 277.00(Prev Close), the market ended January at 266.75(Month Close),
that being 44%(Pct Range) off of
254.50(Month Low) to 282.50(Month High).
In comparing the December/January closes for each of the last 32 years(Total Years), Scenario found that the May Oats(CBOT) also closed
lower in January than December in 19(Cond Years) of those years.
Of those 19, OK went on to penetrate the January low within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the OK should penetrate 254.50(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 231.27(Average Objective).
- July Oats(CBOT)
- The ON7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 281.00(Prev Close), the market ended January at 273.75(Month Close),
that being 49%(Pct Range) off of
262.00(Month Low) to 286.00(Month High).
In comparing the December/January closes for each of the last 32 years(Total Years), Scenario found that the July Oats(CBOT) also closed
lower in January than December in 20(Cond Years) of those years.
Of those 20, ON went on to penetrate the January 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 ON should penetrate 262.00(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 241.52(Average Objective).
- May Rough Rice(CBOT)
- The RRK7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 10.65(Prev Close), the market ended January at 10.42(Month Close),
that being 3%(Pct Range) off of
10.40(Month Low) to 10.95(Month High).
In comparing the December/January closes for each of the last 20 years(Total Years), Scenario found that the May Rough Rice(CBOT) also closed
lower in January than December in 9(Cond Years) of those years.
Of those 9, RRK went on to penetrate the January low within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the RRK should penetrate 10.40(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 9.23(Average Objective).
- July Rough Rice(CBOT)
- The RRN7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 10.79(Prev Close), the market ended January at 10.68(Month Close),
that being 3%(Pct Range) off of
10.67(Month Low) to 11.05(Month High).
In comparing the December/January closes for each of the last 17 years(Total Years), Scenario found that the July Rough Rice(CBOT) also closed
lower in January than December in 9(Cond Years) of those years.
Of those 9, RRN went on to penetrate the January low within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the RRN should penetrate 10.67(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 9.52(Average Objective).
- May Coffee "C"(NYBOT)
- The KCK7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 129.20(Prev Close), the market ended January at 120.90(Month Close),
that being 24%(Pct Range) off of
118.50(Month Low) to 128.50(Month High).
In comparing the December/January closes for each of the last 33 years(Total Years), Scenario found that the May Coffee "C"(NYBOT) also closed
lower in January than December in 18(Cond Years) of those years.
Of those 18, KCK went on to penetrate the January 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 KCK should penetrate 118.50(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 109.79(Average Objective).
- July Coffee "C"(NYBOT)
- The KCN7(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 132.00(Prev Close), the market ended January at 123.85(Month Close),
that being 25%(Pct Range) off of
121.50(Month Low) to 130.90(Month High).
In comparing the December/January closes for each of the last 33 years(Total Years), Scenario found that the July Coffee "C"(NYBOT) also closed
lower in January than December in 16(Cond Years) of those years.
Of those 16, KCN went on to penetrate the January 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 KCN should penetrate 121.50(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 112.54(Average Objective).
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