MRCI's Scenario Summary

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MRCI's Scenario^SM Summary

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.

Some data provided by Prophetfinance.com

Scenario^SM Summary Jun 30, 2009

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

#UTIL Higher Jun 340.99 360.58 338.37 357.81 88% 39 21 18 86% 360.58 376.28 357.81

SFU9 Lower Jun 93.76 94.53 90.75 92.20 38% 34 16 15 94% 90.75 87.15 92.20

BPU9 Higher Jun 161.32 167.42 157.95 164.63 71% 34 19 16 84% 167.42 173.29 164.63

DXU9 Higher Jun 79.860 81.970 78.830 80.425 51% 23 11 11 100% 81.970 84.028 80.425

PAU9 Higher Jun 237.45 266.85 230.50 250.95 56% 32 12 11 92% 266.85 302.67 250.95

HGU9 Higher Jun 220.35 246.30 212.35 227.20 44% 45 22 20 91% 246.30 267.28 227.20

HGZ9 Higher Jun 220.40 246.80 214.95 228.05 41% 44 22 21 95% 246.80 267.38 228.05

CLV9 Higher Jun 68.20 75.27 67.85 71.60 51% 26 13 13 100% 75.27 82.09 71.60

CLX9 Higher Jun 68.68 75.83 68.78 72.20 49% 26 13 13 100% 75.83 82.45 72.20

CLZ9 Higher Jun 69.20 76.50 69.35 72.71 47% 26 13 13 100% 76.50 82.85 72.71

HOV9 Higher Jun 179.27 197.54 180.00 188.22 47% 29 14 14 100% 197.54 217.40 188.22

HOX9 Higher Jun 182.37 200.05 185.00 191.57 44% 30 14 14 100% 200.05 219.37 191.57

HOZ9 Higher Jun 185.37 204.07 188.06 194.57 41% 30 14 14 100% 204.07 223.22 194.57

RBV9 Higher Jun 175.39 193.00 171.63 180.09 40% 24 12 12 100% 193.00 209.58 180.09

RBX9 Higher Jun 173.75 191.56 170.50 179.33 42% 24 11 11 100% 191.56 207.07 179.33

RBZ9 Higher Jun 173.98 190.95 171.41 180.02 44% 24 11 11 100% 190.95 205.51 180.02

SU9 Lower Jun 1096.50 1135.50 999.00 1030.00 23% 45 21 21 100% 999.00 909.40 1030.00

SX9 Lower Jun 1062.50 1099.50 943.50 981.00 24% 45 22 22 100% 943.50 860.49 981.00

BOU9 Lower Jun 39.38 40.94 34.85 35.39 9% 45 24 21 88% 34.85 31.26 35.39

BOV9 Lower Jun 39.54 41.02 35.00 35.54 9% 45 25 22 88% 35.00 31.44 35.54

BOZ9 Lower Jun 39.88 41.44 35.34 35.90 9% 45 23 20 87% 35.34 31.77 35.90

SMU9 Lower Jun 347.50 371.00 324.00 339.30 33% 45 18 16 89% 324.00 295.69 339.30

SMV9 Lower Jun 331.50 350.00 300.30 314.30 28% 45 21 19 90% 300.30 272.28 314.30

SMZ9 Lower Jun 323.00 341.80 291.50 306.30 29% 45 22 19 86% 291.50 265.00 306.30

CZ9 Lower Jun 459.25 473.50 367.25 367.25 0% 45 26 22 85% 367.25 329.46 367.25

KWU9 Lower Jun 697.75 737.50 562.75 580.00 10% 33 21 18 86% 562.75 519.25 580.00

MWU9 Lower Jun 775.50 802.25 625.50 633.75 5% 28 17 15 88% 625.50 574.84 633.75

MWZ9 Lower Jun 783.25 812.25 638.50 646.25 4% 28 19 16 84% 638.50 588.28 646.25

RRU9 Lower Jun 12.58 13.00 11.91 12.34 39% 22 13 12 92% 11.91 10.99 12.34

RRX9 Lower Jun 12.63 13.00 12.00 12.45 45% 22 14 12 86% 12.00 11.00 12.45

LCV9 Higher Jun 87.700 90.500 85.550 90.180 94% 44 20 19 95% 90.500 96.212 90.180

FCU9 Higher Jun 101.700 102.850 94.900 101.800 87% 37 21 19 90% 102.850 108.694 101.800

KCU9 Lower Jun 139.40 144.80 117.55 119.90 9% 35 28 25 89% 117.55 102.89 119.90

KCZ9 Lower Jun 141.35 146.45 120.50 122.80 9% 35 28 25 89% 120.50 106.66 122.80

SBV9 Higher Jun 16.54 18.09 15.61 17.85 90% 45 20 17 85% 18.09 20.06 17.85

SBH0 Higher Jun 17.27 18.96 16.61 18.83 94% 45 21 18 86% 18.96 20.90 18.83

CTV9 Lower Jun 59.48 61.16 52.91 55.63 33% 45 19 17 89% 52.91 47.67 55.63

CTZ9 Lower Jun 60.85 62.63 54.77 57.48 34% 44 18 16 89% 54.77 50.33 57.48

Dow Jones Utilities: The #UTIL(Mkt) ended Higher(Cond) for June(Month). Compared to May's 340.99(Prev Close), the market ended June at 357.81(Month Close), that being 88%(Pct Range) off of 338.37(Month Low) to 360.58(Month High).

In comparing the May/June closes for each of the last 39 years(Total Years), Scenario found that the Dow Jones Utilities also closed higher in June than May in 21(Cond Years) of those years. Of those 21, the #UTIL went on to exceed the June 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 the #UTIL should exceed 360.58(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 376.28(Average Objective).
September Swiss Franc(CME): The SFU9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 93.76(Prev Close), the market ended June at 92.20(Month Close), that being 38%(Pct Range) off of 90.75(Month Low) to 94.53(Month High).

In comparing the May/June closes for each of the last 34 years(Total Years), Scenario found that the September Swiss Franc(CME) also closed lower in June than May in 16(Cond Years) of those years. Of those 16, SFU went on to penetrate the June 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 SFU should penetrate 90.75(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 87.15(Average Objective).
September British Pound(CME): The BPU9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 161.32(Prev Close), the market ended June at 164.63(Month Close), that being 77%(Pct Range) off of 157.95(Month Low) to 166.58(Month High).

In comparing the May/June closes for each of the last 34 years(Total Years), Scenario found that the September British Pound(CME) also closed higher in June than May in 19(Cond Years) of those years. Of those 19, BPU went on to exceed the June high within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the BPU should exceed 166.58(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 172.45(Average Objective).
September US Dollar Index(ICE): The DXU9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 79.860(Prev Close), the market ended June at 80.115(Month Close), that being 41%(Pct Range) off of 78.830(Month Low) to 81.970(Month High).

In comparing the May/June closes for each of the last 23 years(Total Years), Scenario found that the September US Dollar Index(ICE) also closed higher in June than May in 11(Cond Years) of those years. Of those 11, DXU went on to exceed the June high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the DXU should exceed 81.970(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 84.020(Average Objective).
September Palladium(NYMEX): The PAU9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 237.45(Prev Close), the market ended June at 250.95(Month Close), that being 56%(Pct Range) off of 230.50(Month Low) to 266.85(Month High).

In comparing the May/June closes for each of the last 32 years(Total Years), Scenario found that the September Palladium(NYMEX) also closed higher in June than May in 12(Cond Years) of those years. Of those 12, PAU went on to exceed the June high within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the PAU should exceed 266.85(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 302.67(Average Objective).
September Copper(CMX): The HGU9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 220.35(Prev Close), the market ended June at 227.20(Month Close), that being 44%(Pct Range) off of 212.35(Month Low) to 246.30(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Copper(CMX) also closed higher in June than May in 22(Cond Years) of those years. Of those 22, HGU went on to exceed the June 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 HGU should exceed 246.30(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 267.28(Average Objective).
December Copper(CMX): The HGZ9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 220.40(Prev Close), the market ended June at 228.05(Month Close), that being 41%(Pct Range) off of 214.95(Month Low) to 246.80(Month High).

In comparing the May/June closes for each of the last 44 years(Total Years), Scenario found that the December Copper(CMX) also closed higher in June than May in 22(Cond Years) of those years. Of those 22, HGZ went on to exceed the June high within the next 2 months in 21 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the HGZ should exceed 246.80(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 267.38(Average Objective).
October Crude Oil(NYM): The CLV9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 68.20(Prev Close), the market ended June at 71.76(Month Close), that being 53%(Pct Range) off of 67.85(Month Low) to 75.27(Month High).

In comparing the May/June closes for each of the last 26 years(Total Years), Scenario found that the October Crude Oil(NYM) also closed higher in June than May in 13(Cond Years) of those years. Of those 13, CLV went on to exceed the June 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 CLV should exceed 75.27(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 82.11(Average Objective).
November Crude Oil(NYM): The CLX9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 68.68(Prev Close), the market ended June at 72.34(Month Close), that being 50%(Pct Range) off of 68.78(Month Low) to 75.83(Month High).

In comparing the May/June closes for each of the last 26 years(Total Years), Scenario found that the November Crude Oil(NYM) also closed higher in June than May in 13(Cond Years) of those years. Of those 13, CLX went on to exceed the June 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 CLX should exceed 75.83(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 82.47(Average Objective).
December Crude Oil(NYM): The CLZ9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 69.20(Prev Close), the market ended June at 72.70(Month Close), that being 47%(Pct Range) off of 69.35(Month Low) to 76.50(Month High).

In comparing the May/June closes for each of the last 26 years(Total Years), Scenario found that the December Crude Oil(NYM) also closed higher in June than May in 13(Cond Years) of those years. Of those 13, CLZ went on to exceed the June 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 CLZ should exceed 76.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 82.85(Average Objective).
October Heating Oil(NYM): The HOV9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 179.27(Prev Close), the market ended June at 188.77(Month Close), that being 50%(Pct Range) off of 180.00(Month Low) to 197.54(Month High).

In comparing the May/June closes for each of the last 29 years(Total Years), Scenario found that the October Heating Oil(NYM) also closed higher in June than May in 14(Cond Years) of those years. Of those 14, HOV went on to exceed the June 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 HOV should exceed 197.54(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 217.46(Average Objective).
November Heating Oil(NYM): The HOX9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 182.37(Prev Close), the market ended June at 191.70(Month Close), that being 45%(Pct Range) off of 185.00(Month Low) to 200.05(Month High).

In comparing the May/June closes for each of the last 30 years(Total Years), Scenario found that the November Heating Oil(NYM) also closed higher in June than May in 14(Cond Years) of those years. Of those 14, HOX went on to exceed the June 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 HOX should exceed 200.05(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 219.39(Average Objective).
December Heating Oil(NYM): The HOZ9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 185.37(Prev Close), the market ended June at 195.31(Month Close), that being 45%(Pct Range) off of 188.06(Month Low) to 204.07(Month High).

In comparing the May/June closes for each of the last 30 years(Total Years), Scenario found that the December Heating Oil(NYM) also closed higher in June than May in 14(Cond Years) of those years. Of those 14, HOZ went on to exceed the June 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 HOZ should exceed 204.07(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 223.30(Average Objective).
October Gasoline(NYMEX): The RBV9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 175.39(Prev Close), the market ended June at 179.71(Month Close), that being 38%(Pct Range) off of 171.63(Month Low) to 193.00(Month High).

In comparing the May/June closes for each of the last 24 years(Total Years), Scenario found that the October Gasoline(NYMEX) also closed higher in June than May in 12(Cond Years) of those years. Of those 12, RBV went on to exceed the June 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 RBV should exceed 193.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 209.54(Average Objective).
November Gasoline(NYMEX): The RBX9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 173.75(Prev Close), the market ended June at 179.33(Month Close), that being 42%(Pct Range) off of 170.50(Month Low) to 191.56(Month High).

In comparing the May/June closes for each of the last 24 years(Total Years), Scenario found that the November Gasoline(NYMEX) also closed higher in June than May in 11(Cond Years) of those years. Of those 11, RBX went on to exceed the June high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the RBX should exceed 191.56(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 207.07(Average Objective).
December Gasoline(NYMEX): The RBZ9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 173.98(Prev Close), the market ended June at 180.02(Month Close), that being 44%(Pct Range) off of 171.41(Month Low) to 190.95(Month High).

In comparing the May/June closes for each of the last 24 years(Total Years), Scenario found that the December Gasoline(NYMEX) also closed higher in June than May in 11(Cond Years) of those years. Of those 11, RBZ went on to exceed the June high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the RBZ should exceed 190.95(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 205.51(Average Objective).
September Soybeans(CBOT): The SU9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 1096.50(Prev Close), the market ended June at 1030.00(Month Close), that being 11%(Pct Range) off of 999.00(Month Low) to 1287.50(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Soybeans(CBOT) also closed lower in June than May in 21(Cond Years) of those years. Of those 21, SU went on to penetrate the June low within the next 2 months in 21 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the SU should penetrate 999.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 909.40(Average Objective).
November Soybeans(CBOT): The SX9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 1062.50(Prev Close), the market ended June at 981.00(Month Close), that being 13%(Pct Range) off of 943.50(Month Low) to 1226.25(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed lower in June than May in 22(Cond Years) of those years. Of those 22, SX went on to penetrate the June low within the next 2 months in 22 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the SX should penetrate 943.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 860.49(Average Objective).
September Soybean Oil(CBOT): The BOU9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 39.38(Prev Close), the market ended June at 35.39(Month Close), that being 9%(Pct Range) off of 34.85(Month Low) to 40.94(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Soybean Oil(CBOT) also closed lower in June than May in 24(Cond Years) of those years. Of those 24, BOU went on to penetrate the June low within the next 2 months in 21 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the BOU should penetrate 34.85(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 31.26(Average Objective).
October Soybean Oil(CBOT): The BOV9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 39.54(Prev Close), the market ended June at 35.54(Month Close), that being 9%(Pct Range) off of 35.00(Month Low) to 41.02(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Soybean Oil(CBOT) also closed lower in June than May in 25(Cond Years) of those years. Of those 25, BOV went on to penetrate the June 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 BOV should penetrate 35.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 31.44(Average Objective).
December Soybean Oil(CBOT): The BOZ9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 39.88(Prev Close), the market ended June at 35.90(Month Close), that being 9%(Pct Range) off of 35.34(Month Low) to 41.44(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Soybean Oil(CBOT) also closed lower in June than May in 23(Cond Years) of those years. Of those 23, BOZ went on to penetrate the June 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 BOZ should penetrate 35.34(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 31.77(Average Objective).
September Soybean Meal(CBOT): The SMU9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 347.50(Prev Close), the market ended June at 339.30(Month Close), that being 31%(Pct Range) off of 324.80(Month Low) to 371.00(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Soybean Meal(CBOT) also closed lower in June than May in 18(Cond Years) of those years. Of those 18, SMU went on to penetrate the June 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 SMU should penetrate 324.80(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 296.49(Average Objective).
October Soybean Meal(CBOT): The SMV9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 331.50(Prev Close), the market ended June at 314.30(Month Close), that being 28%(Pct Range) off of 300.30(Month Low) to 350.00(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Soybean Meal(CBOT) also closed lower in June than May in 21(Cond Years) of those years. Of those 21, SMV went on to penetrate the June 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 SMV should penetrate 300.30(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 272.28(Average Objective).
December Soybean Meal(CBOT): The SMZ9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 323.00(Prev Close), the market ended June at 306.30(Month Close), that being 29%(Pct Range) off of 291.50(Month Low) to 341.80(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Soybean Meal(CBOT) also closed lower in June than May in 22(Cond Years) of those years. Of those 22, SMZ went on to penetrate the June 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 SMZ should penetrate 291.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 265.00(Average Objective).
December Corn(CBOT): The CZ9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 459.25(Prev Close), the market ended June at 367.25(Month Close), that being 0%(Pct Range) off of 367.25(Month Low) to 473.50(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Corn(CBOT) also closed lower in June than May in 26(Cond Years) of those years. Of those 26, CZ went on to penetrate the June 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 367.25(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 329.46(Average Objective).
September Wheat(KCBT): The KWU9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 697.75(Prev Close), the market ended June at 580.00(Month Close), that being 9%(Pct Range) off of 563.50(Month Low) to 737.50(Month High).

In comparing the May/June closes for each of the last 33 years(Total Years), Scenario found that the September Wheat(KCBT) also closed lower in June than May in 21(Cond Years) of those years. Of those 21, KWU went on to penetrate the June 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 KWU should penetrate 563.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 520.00(Average Objective).
September Wheat(MGE): The MWU9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 775.50(Prev Close), the market ended June at 656.50(Month Close), that being 1%(Pct Range) off of 655.25(Month Low) to 802.25(Month High).

In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the September Wheat(MGE) also closed lower in June than May in 17(Cond Years) of those years. Of those 17, MWU went on to penetrate the June low within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the MWU should penetrate 655.25(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 602.77(Average Objective).
December Wheat(MGE): The MWZ9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 783.25(Prev Close), the market ended June at 668.25(Month Close), that being 1%(Pct Range) off of 666.50(Month Low) to 812.25(Month High).

In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the December Wheat(MGE) also closed lower in June than May in 19(Cond Years) of those years. Of those 19, MWZ went on to penetrate the June 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 MWZ should penetrate 666.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 614.57(Average Objective).
September Rough Rice(CBOT): The RRU9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 12.58(Prev Close), the market ended June at 12.34(Month Close), that being 39%(Pct Range) off of 11.91(Month Low) to 13.00(Month High).

In comparing the May/June closes for each of the last 22 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed lower in June than May in 13(Cond Years) of those years. Of those 13, RRU went on to penetrate the June 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 RRU should penetrate 11.91(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 10.99(Average Objective).
November Rough Rice(CBOT): The RRX9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 12.63(Prev Close), the market ended June at 12.45(Month Close), that being 45%(Pct Range) off of 12.00(Month Low) to 13.00(Month High).

In comparing the May/June closes for each of the last 22 years(Total Years), Scenario found that the November Rough Rice(CBOT) also closed lower in June than May in 14(Cond Years) of those years. Of those 14, RRX went on to penetrate the June 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 RRX should penetrate 12.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 11.00(Average Objective).
October Live Cattle(CME): The LCV9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 87.700(Prev Close), the market ended June at 90.150(Month Close), that being 93%(Pct Range) off of 85.550(Month Low) to 90.500(Month High).

In comparing the May/June closes for each of the last 44 years(Total Years), Scenario found that the October Live Cattle(CME) also closed higher in June than May in 20(Cond Years) of those years. Of those 20, LCV went on to exceed the June high within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the LCV should exceed 90.500(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 96.211(Average Objective).
September Coffee "C"(ICE): The KCU9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 139.40(Prev Close), the market ended June at 120.25(Month Close), that being 10%(Pct Range) off of 117.55(Month Low) to 144.80(Month High).

In comparing the May/June closes for each of the last 35 years(Total Years), Scenario found that the September Coffee "C"(ICE) also closed lower in June than May in 28(Cond Years) of those years. Of those 28, KCU went on to penetrate the June low within the next 2 months in 25 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the KCU should penetrate 117.55(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 25 years) a potential move toward 102.85(Average Objective).
December Coffee "C"(ICE): The KCZ9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 141.35(Prev Close), the market ended June at 123.10(Month Close), that being 10%(Pct Range) off of 120.50(Month Low) to 146.45(Month High).

In comparing the May/June closes for each of the last 35 years(Total Years), Scenario found that the December Coffee "C"(ICE) also closed lower in June than May in 28(Cond Years) of those years. Of those 28, KCZ went on to penetrate the June low within the next 2 months in 25 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the KCZ should penetrate 120.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 25 years) a potential move toward 106.63(Average Objective).
October Sugar #11(ICE): The SBV9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 16.54(Prev Close), the market ended June at 17.90(Month Close), that being 97%(Pct Range) off of 15.61(Month Low) to 17.97(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Sugar #11(ICE) also closed higher in June than May in 20(Cond Years) of those years. Of those 20, SBV went on to exceed the June 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 SBV should exceed 17.97(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 19.95(Average Objective).
March Sugar #11(ICE): The SBH0(Mkt) ended Higher(Cond) for June(Month). Compared to May's 17.27(Prev Close), the market ended June at 18.80(Month Close), that being 98%(Pct Range) off of 16.61(Month Low) to 18.85(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the March Sugar #11(ICE) also closed higher in June than May in 21(Cond Years) of those years. Of those 21, SBH went on to exceed the June 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 SBH should exceed 18.85(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 20.79(Average Objective).
October Cotton(ICE): The CTV9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 59.48(Prev Close), the market ended June at 55.00(Month Close), that being 25%(Pct Range) off of 52.91(Month Low) to 61.16(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Cotton(ICE) also closed lower in June than May in 19(Cond Years) of those years. Of those 19, CTV went on to penetrate the June 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 CTV should penetrate 52.91(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 47.73(Average Objective).
December Cotton(ICE): The CTZ9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 60.85(Prev Close), the market ended June at 56.97(Month Close), that being 28%(Pct Range) off of 54.77(Month Low) to 62.63(Month High).

In comparing the May/June closes for each of the last 44 years(Total Years), Scenario found that the December Cotton(ICE) also closed lower in June than May in 18(Cond Years) of those years. Of those 18, CTZ went on to penetrate the June 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 CTZ should penetrate 54.77(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 50.37(Average Objective).

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