Moore Research Center, Inc.

  • Increase font size
  • Default font size
  • Decrease font size
Home MRCI Online
Print
New Windows

MRCI's Scenario Summary

MRCI Logo
MRCI's ScenarioSM Summary

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.
Some data provided by Prophetfinance.com
ScenarioSM Summary Aug 02, 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 Jul 357.81 379.23 342.02 369.47 74% 39 22 20 91% 379.23 394.38 369.47
#NDX Higher Jul 1477.30 1633.00 1394.90 1603.40 88% 23 11 10 91% 1633.00 1732.24 1603.40
#RUT Higher Jul 508.30 563.50 473.55 556.70 92% 30 14 13 93% 563.50 593.62 556.70
#MID Higher Jul 578.15 633.25 539.05 628.05 94% 28 10 10 100% 633.25 659.91 628.05
#VLE Higher Jul 1714.50 1925.70 1592.70 1911.50 96% 26 13 12 92% 1925.70 2003.53 1911.50
#SP Higher Jul 919.30 996.70 869.30 987.50 93% 45 19 18 95% 996.70 1037.48 987.50
SPZ9 Higher Jul 911.30 990.50 861.40 980.00 92% 27 10 10 100% 990.50 1018.14 980.00
USZ9 Higher Jul 117~02 120~00 113~28 117~24 63% 31 16 16 100% 120~00 124~22 117~24
TYZ9 Higher Jul 114~280 117~160 114~025 115~265 51% 27 17 17 100% 117~160 121~022 115~265
EDZ9 Higher Jul 99.095 99.310 99.090 99.290 91% 27 17 17 100% 99.310 99.835 99.290
EDH0 Higher Jul 98.825 99.120 98.815 99.015 66% 27 16 14 88% 99.120 99.849 99.015
SFZ9 Higher Jul 92.33 94.33 91.52 93.73 79% 34 13 12 92% 94.33 99.11 93.73
ADZ9 Higher Jul 79.75 82.80 76.15 82.62 97% 21 9 9 100% 82.80 84.90 82.62
DXZ9 Lower Jul 80.785 81.440 78.615 78.770 5% 23 10 9 90% 78.615 76.440 78.770
CLX9 Higher Jul 72.20 73.91 61.38 72.40 88% 26 17 15 88% 73.91 81.19 72.40
CLZ9 Higher Jul 72.71 74.38 62.21 73.20 90% 26 17 15 88% 74.38 81.36 73.20
CLF0 Higher Jul 73.13 74.66 63.05 73.95 94% 26 17 15 88% 74.66 81.27 73.95
RBX9 Higher Jul 179.33 188.14 150.45 187.95 99% 24 15 13 87% 188.14 209.81 187.95
RBZ9 Higher Jul 180.02 188.31 151.65 187.94 99% 24 15 13 87% 188.31 207.26 187.94
RBF0 Higher Jul 182.13 189.70 156.08 189.60 100% 23 16 14 88% 189.70 207.97 189.60
NGZ9 Lower Jul 5.533 5.590 4.942 5.358 64% 19 9 8 89% 4.942 4.410 5.358
NGF0 Lower Jul 5.837 5.890 5.240 5.643 62% 19 9 8 89% 5.240 4.772 5.643
WZ9 Lower Jul 565.75 580.00 532.75 555.75 49% 45 22 20 91% 532.75 493.41 555.75
WH0 Lower Jul 583.50 597.50 551.50 573.75 48% 45 22 19 86% 551.50 511.69 573.75
KWH0 Lower Jul 613.00 622.00 574.75 592.25 37% 33 16 14 88% 574.75 534.20 592.25
MWZ9 Lower Jul 646.25 653.50 602.00 620.00 35% 28 14 13 93% 602.00 560.23 620.00
LCV9 Higher Jul 90.175 92.150 88.000 90.200 53% 44 26 24 92% 92.150 96.181 90.200
FCV9 Higher Jul 101.550 104.850 100.900 102.530 41% 37 23 20 87% 104.850 109.285 102.530
FCX9 Higher Jul 101.750 104.850 101.050 102.650 42% 37 23 21 91% 104.850 109.544 102.650
LEZ9 Lower Jul 55.700 59.225 51.300 53.235 24% 39 16 14 88% 51.300 47.886 53.235
KCZ9 Higher Jul 122.80 131.05 116.40 131.00 100% 35 11 10 91% 131.05 142.32 131.00


Dow Jones Utilities
The #UTIL(Mkt) ended Higher(Cond) for July(Month). Compared to June's 357.81(Prev Close), the market ended July at 369.47(Month Close), that being 74%(Pct Range) off of 342.02(Month Low) to 379.23(Month High).

In comparing the June/July closes for each of the last 39 years(Total Years), Scenario found that the Dow Jones Utilities also closed higher in July than June in 22(Cond Years) of those years. Of those 22, the #UTIL went on to exceed the July 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 #UTIL should exceed 379.23(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 394.38(Average Objective).

NASDAQ 100 Index
The #NDX(Mkt) ended Higher(Cond) for July(Month). Compared to June's 1477.30(Prev Close), the market ended July at 1603.40(Month Close), that being 88%(Pct Range) off of 1394.90(Month Low) to 1633.00(Month High).

In comparing the June/July closes for each of the last 23 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in July than June in 11(Cond Years) of those years. Of those 11, the #NDX went on to exceed the July 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 the #NDX should exceed 1633.00(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 1732.24(Average Objective).

Russell 2000 Index
The #RUT(Mkt) ended Higher(Cond) for July(Month). Compared to June's 508.30(Prev Close), the market ended July at 556.70(Month Close), that being 92%(Pct Range) off of 473.55(Month Low) to 563.50(Month High).

In comparing the June/July closes for each of the last 30 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in July than June in 14(Cond Years) of those years. Of those 14, the #RUT went on to exceed the July high within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the the #RUT should exceed 563.50(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 593.62(Average Objective).

S & P Midcap 400 Index
The #MID(Mkt) ended Higher(Cond) for July(Month). Compared to June's 578.15(Prev Close), the market ended July at 628.05(Month Close), that being 94%(Pct Range) off of 539.05(Month Low) to 633.25(Month High).

In comparing the June/July closes for each of the last 28 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed higher in July than June in 10(Cond Years) of those years. Of those 10, the #MID went on to exceed the July high within the next 2 months in 10 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #MID should exceed 633.25(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 659.91(Average Objective).

Value Line Index
The #VLE(Mkt) ended Higher(Cond) for July(Month). Compared to June's 1714.50(Prev Close), the market ended July at 1911.50(Month Close), that being 96%(Pct Range) off of 1592.70(Month Low) to 1925.70(Month High).

In comparing the June/July closes for each of the last 26 years(Total Years), Scenario found that the Value Line Index also closed higher in July than June in 13(Cond Years) of those years. Of those 13, the #VLE went on to exceed the July high within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the the #VLE should exceed 1925.70(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 2003.53(Average Objective).

S & P 500 Stock Index
The #SP(Mkt) ended Higher(Cond) for July(Month). Compared to June's 919.30(Prev Close), the market ended July at 987.50(Month Close), that being 93%(Pct Range) off of 869.30(Month Low) to 996.70(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed higher in July than June in 19(Cond Years) of those years. Of those 19, the #SP went on to exceed the July high within the next 2 months in 18 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the the #SP should exceed 996.70(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 1037.48(Average Objective).

December S & P 500(CME)
The SPZ9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 911.30(Prev Close), the market ended July at 980.00(Month Close), that being 92%(Pct Range) off of 861.40(Month Low) to 990.50(Month High).

In comparing the June/July closes for each of the last 27 years(Total Years), Scenario found that the December S & P 500(CME) also closed higher in July than June in 10(Cond Years) of those years. Of those 10, SPZ went on to exceed the July high within the next 2 months in 10 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the SPZ should exceed 990.50(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 1018.14(Average Objective).

December 30-Year T-Bonds(CBOT)
The USZ9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 117~02(Prev Close), the market ended July at 117~24(Month Close), that being 63%(Pct Range) off of 113~28(Month Low) to 120~00(Month High).

In comparing the June/July closes for each of the last 31 years(Total Years), Scenario found that the December 30-Year T-Bonds(CBOT) also closed higher in July than June in 16(Cond Years) of those years. Of those 16, USZ went on to exceed the July high within the next 2 months in 16 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the USZ should exceed 120~00(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 124~22(Average Objective).

December 10-Year T-Notes(CBOT)
The TYZ9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 114~280(Prev Close), the market ended July at 115~265(Month Close), that being 51%(Pct Range) off of 114~025(Month Low) to 117~160(Month High).

In comparing the June/July closes for each of the last 27 years(Total Years), Scenario found that the December 10-Year T-Notes(CBOT) also closed higher in July than June in 17(Cond Years) of those years. Of those 17, TYZ went on to exceed the July high within the next 2 months in 17 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the TYZ should exceed 117~160(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 121~022(Average Objective).

December Eurodollars(CME)
The EDZ9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 99.095(Prev Close), the market ended July at 99.290(Month Close), that being 91%(Pct Range) off of 99.090(Month Low) to 99.310(Month High).

In comparing the June/July closes for each of the last 27 years(Total Years), Scenario found that the December Eurodollars(CME) also closed higher in July than June in 17(Cond Years) of those years. Of those 17, EDZ went on to exceed the July high within the next 2 months in 17 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the EDZ should exceed 99.310(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 99.835(Average Objective).

March Eurodollars(CME)
The EDH0(Mkt) ended Higher(Cond) for July(Month). Compared to June's 98.825(Prev Close), the market ended July at 99.015(Month Close), that being 66%(Pct Range) off of 98.815(Month Low) to 99.120(Month High).

In comparing the June/July closes for each of the last 27 years(Total Years), Scenario found that the March Eurodollars(CME) also closed higher in July than June in 16(Cond Years) of those years. Of those 16, EDH went on to exceed the July 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 EDH should exceed 99.120(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 99.849(Average Objective).

December Swiss Franc(CME)
The SFZ9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 92.33(Prev Close), the market ended July at 93.73(Month Close), that being 79%(Pct Range) off of 91.52(Month Low) to 94.33(Month High).

In comparing the June/July closes for each of the last 34 years(Total Years), Scenario found that the December Swiss Franc(CME) also closed higher in July than June in 13(Cond Years) of those years. Of those 13, SFZ went on to exceed the July high within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the SFZ should exceed 94.33(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 99.11(Average Objective).

December Australian Dollar(CME)
The ADZ9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 79.75(Prev Close), the market ended July at 82.62(Month Close), that being 97%(Pct Range) off of 76.15(Month Low) to 82.80(Month High).

In comparing the June/July closes for each of the last 21 years(Total Years), Scenario found that the December Australian Dollar(CME) also closed higher in July than June in 9(Cond Years) of those years. Of those 9, ADZ went on to exceed the July high within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the ADZ should exceed 82.80(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 84.90(Average Objective).

December US Dollar Index(ICE)
The DXZ9(Mkt) ended Lower(Cond) for July(Month). Compared to June's 80.785(Prev Close), the market ended July at 78.770(Month Close), that being 5%(Pct Range) off of 78.615(Month Low) to 81.440(Month High).

In comparing the June/July closes for each of the last 23 years(Total Years), Scenario found that the December US Dollar Index(ICE) also closed lower in July than June in 10(Cond Years) of those years. Of those 10, DXZ went on to penetrate the July 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 DXZ should penetrate 78.615(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 76.440(Average Objective).

November Crude Oil(NYM)
The CLX9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 72.20(Prev Close), the market ended July at 72.40(Month Close), that being 88%(Pct Range) off of 61.38(Month Low) to 73.91(Month High).

In comparing the June/July closes for each of the last 26 years(Total Years), Scenario found that the November Crude Oil(NYM) also closed higher in July than June in 17(Cond Years) of those years. Of those 17, CLX went on to exceed the July 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 CLX should exceed 73.91(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 81.19(Average Objective).

December Crude Oil(NYM)
The CLZ9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 72.71(Prev Close), the market ended July at 73.20(Month Close), that being 90%(Pct Range) off of 62.21(Month Low) to 74.38(Month High).

In comparing the June/July closes for each of the last 26 years(Total Years), Scenario found that the December Crude Oil(NYM) also closed higher in July than June in 17(Cond Years) of those years. Of those 17, CLZ went on to exceed the July 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 CLZ should exceed 74.38(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 81.36(Average Objective).

January Crude Oil(NYM)
The CLF0(Mkt) ended Higher(Cond) for July(Month). Compared to June's 73.13(Prev Close), the market ended July at 73.95(Month Close), that being 94%(Pct Range) off of 63.05(Month Low) to 74.66(Month High).

In comparing the June/July closes for each of the last 26 years(Total Years), Scenario found that the January Crude Oil(NYM) also closed higher in July than June in 17(Cond Years) of those years. Of those 17, CLF went on to exceed the July 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 CLF should exceed 74.66(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 81.27(Average Objective).

November Gasoline(NYMEX)
The RBX9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 179.33(Prev Close), the market ended July at 187.95(Month Close), that being 99%(Pct Range) off of 150.45(Month Low) to 188.14(Month High).

In comparing the June/July closes for each of the last 24 years(Total Years), Scenario found that the November Gasoline(NYMEX) also closed higher in July than June in 15(Cond Years) of those years. Of those 15, RBX went on to exceed the July 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 RBX should exceed 188.14(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 209.81(Average Objective).

December Gasoline(NYMEX)
The RBZ9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 180.02(Prev Close), the market ended July at 187.94(Month Close), that being 99%(Pct Range) off of 151.65(Month Low) to 188.31(Month High).

In comparing the June/July closes for each of the last 24 years(Total Years), Scenario found that the December Gasoline(NYMEX) also closed higher in July than June in 15(Cond Years) of those years. Of those 15, RBZ went on to exceed the July 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 RBZ should exceed 188.31(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 207.26(Average Objective).

January Gasoline(NYMEX)
The RBF0(Mkt) ended Higher(Cond) for July(Month). Compared to June's 182.13(Prev Close), the market ended July at 189.60(Month Close), that being 100%(Pct Range) off of 156.08(Month Low) to 189.70(Month High).

In comparing the June/July closes for each of the last 23 years(Total Years), Scenario found that the January Gasoline(NYMEX) also closed higher in July than June in 16(Cond Years) of those years. Of those 16, RBF went on to exceed the July 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 RBF should exceed 189.70(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 207.97(Average Objective).

December Natural Gas(NYM)
The NGZ9(Mkt) ended Lower(Cond) for July(Month). Compared to June's 5.533(Prev Close), the market ended July at 5.358(Month Close), that being 64%(Pct Range) off of 4.942(Month Low) to 5.590(Month High).

In comparing the June/July closes for each of the last 19 years(Total Years), Scenario found that the December Natural Gas(NYM) also closed lower in July than June in 9(Cond Years) of those years. Of those 9, NGZ went on to penetrate the July 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 NGZ should penetrate 4.942(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 4.410(Average Objective).

January Natural Gas(NYM)
The NGF0(Mkt) ended Lower(Cond) for July(Month). Compared to June's 5.837(Prev Close), the market ended July at 5.643(Month Close), that being 62%(Pct Range) off of 5.240(Month Low) to 5.890(Month High).

In comparing the June/July closes for each of the last 19 years(Total Years), Scenario found that the January Natural Gas(NYM) also closed lower in July than June in 9(Cond Years) of those years. Of those 9, NGF went on to penetrate the July 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 NGF should penetrate 5.240(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 4.772(Average Objective).

December Wheat(CBOT)
The WZ9(Mkt) ended Lower(Cond) for July(Month). Compared to June's 565.75(Prev Close), the market ended July at 555.75(Month Close), that being 49%(Pct Range) off of 532.75(Month Low) to 580.00(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the December Wheat(CBOT) also closed lower in July than June in 22(Cond Years) of those years. Of those 22, WZ went on to penetrate the July low within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the WZ should penetrate 532.75(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 493.41(Average Objective).

March Wheat(CBOT)
The WH0(Mkt) ended Lower(Cond) for July(Month). Compared to June's 583.50(Prev Close), the market ended July at 573.75(Month Close), that being 48%(Pct Range) off of 551.50(Month Low) to 597.50(Month High).

In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the March Wheat(CBOT) also closed lower in July than June in 22(Cond Years) of those years. Of those 22, WH went on to penetrate the July 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 WH should penetrate 551.50(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 511.69(Average Objective).

March Wheat(KCBT)
The KWH0(Mkt) ended Lower(Cond) for July(Month). Compared to June's 613.00(Prev Close), the market ended July at 592.25(Month Close), that being 37%(Pct Range) off of 574.75(Month Low) to 622.00(Month High).

In comparing the June/July closes for each of the last 33 years(Total Years), Scenario found that the March Wheat(KCBT) also closed lower in July than June in 16(Cond Years) of those years. Of those 16, KWH went on to penetrate the July low within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the KWH should penetrate 574.75(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 534.20(Average Objective).

December Wheat(MGE)
The MWZ9(Mkt) ended Lower(Cond) for July(Month). Compared to June's 646.25(Prev Close), the market ended July at 620.00(Month Close), that being 35%(Pct Range) off of 602.00(Month Low) to 653.50(Month High).

In comparing the June/July closes for each of the last 28 years(Total Years), Scenario found that the December Wheat(MGE) also closed lower in July than June in 14(Cond Years) of those years. Of those 14, MWZ went on to penetrate the July 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 MWZ should penetrate 602.00(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 560.23(Average Objective).

October Live Cattle(CME)
The LCV9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 90.175(Prev Close), the market ended July at 90.200(Month Close), that being 53%(Pct Range) off of 88.000(Month Low) to 92.150(Month High).

In comparing the June/July closes for each of the last 44 years(Total Years), Scenario found that the October Live Cattle(CME) also closed higher in July than June in 26(Cond Years) of those years. Of those 26, LCV went on to exceed the July 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 LCV should exceed 92.150(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 96.181(Average Objective).

October Feeder Cattle(CME)
The FCV9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 101.550(Prev Close), the market ended July at 102.530(Month Close), that being 41%(Pct Range) off of 100.900(Month Low) to 104.850(Month High).

In comparing the June/July closes for each of the last 37 years(Total Years), Scenario found that the October Feeder Cattle(CME) also closed higher in July than June in 23(Cond Years) of those years. Of those 23, FCV went on to exceed the July 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 FCV should exceed 104.850(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 109.285(Average Objective).

November Feeder Cattle(CME)
The FCX9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 101.750(Prev Close), the market ended July at 102.650(Month Close), that being 42%(Pct Range) off of 101.050(Month Low) to 104.850(Month High).

In comparing the June/July closes for each of the last 37 years(Total Years), Scenario found that the November Feeder Cattle(CME) also closed higher in July than June in 23(Cond Years) of those years. Of those 23, FCX went on to exceed the July 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 FCX should exceed 104.850(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 109.544(Average Objective).

December Lean Hogs(CME)
The LEZ9(Mkt) ended Lower(Cond) for July(Month). Compared to June's 55.700(Prev Close), the market ended July at 53.235(Month Close), that being 24%(Pct Range) off of 51.300(Month Low) to 59.225(Month High).

In comparing the June/July closes for each of the last 39 years(Total Years), Scenario found that the December Lean Hogs(CME) also closed lower in July than June in 16(Cond Years) of those years. Of those 16, LEZ went on to penetrate the July low within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the LEZ should penetrate 51.300(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 47.886(Average Objective).

December Coffee "C"(ICE)
The KCZ9(Mkt) ended Higher(Cond) for July(Month). Compared to June's 122.80(Prev Close), the market ended July at 131.00(Month Close), that being 100%(Pct Range) off of 116.40(Month Low) to 131.05(Month High).

In comparing the June/July closes for each of the last 35 years(Total Years), Scenario found that the December Coffee "C"(ICE) also closed higher in July than June in 11(Cond Years) of those years. Of those 11, KCZ went on to exceed the July 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 KCZ should exceed 131.05(Scenario Objective) by no later than the end of September. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 142.32(Average Objective).
Banner

Login

Newsflash

Let MRCI introduce you to our brand new Futures Highlight!

The focus on a single market each month can provide you more in-depth knowledge of how it trades. What if you knew such things as ...
(1) average daily ranges by day of week
(2)  how often it tends to close higher/lower by day of week
(3)  how often it tends to gap up/down
(4)  historical summary of daily % of price change

FREE for a limited time!!!