|
MRCI's ScenarioSM Summary |
|
ScenarioSM Summary Nov 30, 2016 |
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 |
18142.00 |
19225.00 |
17884.00 |
19124.00 |
92% |
45 |
30 |
27 |
90% |
19225.00 |
20223.55 |
19124.00 |
#TRAN |
Higher |
Nov |
8058.00 |
9044.00 |
7959.00 |
8982.00 |
94% |
45 |
32 |
28 |
88% |
9044.00 |
9774.31 |
8982.00 |
#OEX |
Higher |
Nov |
943.85 |
976.05 |
923.70 |
968.85 |
86% |
40 |
26 |
23 |
88% |
976.05 |
1025.05 |
968.85 |
#NDX |
Higher |
Nov |
4801.30 |
4896.60 |
4647.60 |
4810.80 |
66% |
30 |
19 |
18 |
95% |
4896.60 |
5309.20 |
4810.80 |
#RUT |
Higher |
Nov |
1191.40 |
1347.20 |
1156.10 |
1322.35 |
87% |
37 |
24 |
23 |
96% |
1347.20 |
1434.53 |
1322.35 |
#MID |
Higher |
Nov |
1509.45 |
1640.80 |
1475.35 |
1627.50 |
92% |
35 |
24 |
23 |
96% |
1640.80 |
1734.16 |
1627.50 |
#VLE |
Higher |
Nov |
4803.30 |
5231.10 |
4695.00 |
5172.40 |
89% |
33 |
23 |
22 |
96% |
5231.10 |
5533.90 |
5172.40 |
#SP |
Higher |
Nov |
2126.15 |
2214.10 |
2083.80 |
2198.80 |
88% |
45 |
30 |
27 |
90% |
2214.10 |
2326.30 |
2198.80 |
SPH7 |
Higher |
Nov |
2114.60 |
2207.20 |
2073.20 |
2193.70 |
90% |
34 |
24 |
23 |
96% |
2207.20 |
2314.04 |
2193.70 |
JYH7 |
Lower |
Nov |
95.82 |
99.37 |
87.76 |
87.92 |
1% |
40 |
23 |
21 |
91% |
87.76 |
84.69 |
87.92 |
BPH7 |
Higher |
Nov |
122.78 |
127.05 |
122.40 |
125.37 |
64% |
41 |
16 |
14 |
88% |
127.05 |
131.30 |
125.37 |
SIH7 |
Lower |
Nov |
1791.4 |
1912.0 |
1624.5 |
1648.2 |
8% |
45 |
26 |
22 |
85% |
1624.5 |
1499.3 |
1648.2 |
PAH7 |
Higher |
Nov |
619.90 |
775.75 |
618.85 |
772.65 |
98% |
38 |
19 |
17 |
89% |
775.75 |
905.41 |
772.65 |
HGH7 |
Higher |
Nov |
221.55 |
275.30 |
220.90 |
263.30 |
78% |
45 |
21 |
19 |
90% |
275.30 |
302.12 |
263.30 |
HGH7 |
Higher |
Nov |
221.55 |
275.30 |
220.90 |
263.30 |
78% |
45 |
21 |
19 |
90% |
275.30 |
302.12 |
263.30 |
CLH7 |
Higher |
Nov |
48.62 |
51.65 |
44.49 |
51.21 |
94% |
33 |
15 |
13 |
87% |
51.65 |
57.86 |
51.21 |
CLJ7 |
Higher |
Nov |
49.13 |
52.32 |
45.18 |
51.89 |
94% |
33 |
15 |
13 |
87% |
52.32 |
58.14 |
51.89 |
CLK7 |
Higher |
Nov |
49.55 |
52.78 |
45.77 |
52.39 |
94% |
33 |
14 |
12 |
86% |
52.78 |
58.82 |
52.39 |
NGK7 |
Higher |
Nov |
3.062 |
3.261 |
2.731 |
3.217 |
92% |
26 |
7 |
6 |
86% |
3.261 |
3.779 |
3.217 |
CBH7 |
Higher |
Nov |
49.92 |
53.03 |
45.51 |
52.53 |
93% |
27 |
13 |
12 |
92% |
53.03 |
57.46 |
52.53 |
CBH7 |
Higher |
Nov |
49.92 |
53.03 |
45.51 |
52.53 |
93% |
27 |
13 |
12 |
92% |
53.03 |
57.46 |
52.53 |
CBJ7 |
Higher |
Nov |
50.47 |
53.58 |
46.22 |
53.08 |
93% |
27 |
13 |
12 |
92% |
53.58 |
57.89 |
53.08 |
WH7 |
Lower |
Nov |
433.75 |
437.00 |
402.25 |
402.75 |
1% |
45 |
23 |
20 |
87% |
402.25 |
365.29 |
402.75 |
WK7 |
Lower |
Nov |
448.25 |
452.00 |
415.00 |
415.50 |
1% |
45 |
25 |
22 |
88% |
415.00 |
380.70 |
415.50 |
KWH7 |
Lower |
Nov |
432.50 |
439.75 |
409.50 |
410.25 |
2% |
40 |
21 |
18 |
86% |
409.50 |
377.69 |
410.25 |
KWK7 |
Lower |
Nov |
444.75 |
451.50 |
421.25 |
422.00 |
2% |
40 |
23 |
20 |
87% |
421.25 |
389.20 |
422.00 |
RRH7 |
Lower |
Nov |
10.40 |
10.40 |
9.56 |
9.96 |
47% |
30 |
13 |
12 |
92% |
9.56 |
8.86 |
9.96 |
RRK7 |
Lower |
Nov |
10.65 |
10.38 |
9.89 |
10.21 |
64% |
29 |
12 |
11 |
92% |
9.89 |
9.22 |
10.21 |
LCG7 |
Higher |
Nov |
104.135 |
112.530 |
101.450 |
111.950 |
95% |
45 |
27 |
23 |
85% |
112.530 |
118.762 |
111.950 |
FCH7 |
Higher |
Nov |
112.280 |
124.730 |
112.400 |
124.450 |
98% |
44 |
24 |
21 |
88% |
124.730 |
131.114 |
124.450 |
CTH7 |
Higher |
Nov |
69.37 |
72.75 |
68.30 |
71.58 |
74% |
45 |
22 |
19 |
86% |
72.75 |
80.73 |
71.58 |
CTK7 |
Higher |
Nov |
69.85 |
73.32 |
68.90 |
72.06 |
71% |
45 |
20 |
17 |
85% |
73.32 |
80.66 |
72.06 |
- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 18142.00(Prev Close), the market ended November at 19124.00(Month Close),
that being 92%(Pct Range) off of
17884.00(Month Low) to 19225.00(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 30(Cond Years) of those years.
Of those 30, the #DJ went on to exceed the November 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 19225.00(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 20223.55(Average Objective).
- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 8058.00(Prev Close), the market ended November at 8982.00(Month Close),
that being 94%(Pct Range) off of
7959.00(Month Low) to 9044.00(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 32(Cond Years) of those years.
Of those 32, the #TRAN went on to exceed the November high within the next 2 months in 28 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the the #TRAN should exceed 9044.00(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 9774.31(Average Objective).
- S & P 100(OEX)
- The #OEX(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 943.85(Prev Close), the market ended November at 968.85(Month Close),
that being 86%(Pct Range) off of
923.70(Month Low) to 976.05(Month High).
In comparing the October/November closes for each of the last 40 years(Total Years), Scenario found that the S & P 100(OEX) also closed
higher in November than October in 26(Cond Years) of those years.
Of those 26, the #OEX went on to exceed the November high within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the the #OEX should exceed 976.05(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 1025.05(Average Objective).
- NASDAQ 100 Index
- The #NDX(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 4801.30(Prev Close), the market ended November at 4810.80(Month Close),
that being 66%(Pct Range) off of
4647.60(Month Low) to 4896.60(Month High).
In comparing the October/November closes for each of the last 30 years(Total Years), Scenario found that the NASDAQ 100 Index also closed
higher in November than October in 19(Cond Years) of those years.
Of those 19, the #NDX went on to exceed the November 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 #NDX should exceed 4896.60(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 5309.20(Average Objective).
- Russell 2000 Index
- The #RUT(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 1191.40(Prev Close), the market ended November at 1322.35(Month Close),
that being 87%(Pct Range) off of
1156.10(Month Low) to 1347.20(Month High).
In comparing the October/November closes for each of the last 37 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in November than October in 24(Cond Years) of those years.
Of those 24, the #RUT went on to exceed the November high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the the #RUT should exceed 1347.20(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 1434.53(Average Objective).
- S & P Midcap 400 Index
- The #MID(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 1509.45(Prev Close), the market ended November at 1627.50(Month Close),
that being 92%(Pct Range) off of
1475.35(Month Low) to 1640.80(Month High).
In comparing the October/November closes for each of the last 35 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed
higher in November than October in 24(Cond Years) of those years.
Of those 24, the #MID went on to exceed the November high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the the #MID should exceed 1640.80(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 1734.16(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 4803.30(Prev Close), the market ended November at 5172.40(Month Close),
that being 89%(Pct Range) off of
4695.00(Month Low) to 5231.10(Month High).
In comparing the October/November closes for each of the last 33 years(Total Years), Scenario found that the Value Line Index also closed
higher in November than October in 23(Cond Years) of those years.
Of those 23, the #VLE went on to exceed the November high within the next 2 months in 22 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the the #VLE should exceed 5231.10(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 5533.90(Average Objective).
- S & P 500 Stock Index
- The #SP(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 2126.15(Prev Close), the market ended November at 2198.80(Month Close),
that being 88%(Pct Range) off of
2083.80(Month Low) to 2214.10(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 30(Cond Years) of those years.
Of those 30, the #SP went on to exceed the November 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 #SP should exceed 2214.10(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 2326.30(Average Objective).
- March S & P 500(CME)
- The SPH7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 2114.60(Prev Close), the market ended November at 2193.70(Month Close),
that being 90%(Pct Range) off of
2073.20(Month Low) to 2207.20(Month High).
In comparing the October/November closes for each of the last 34 years(Total Years), Scenario found that the March S & P 500(CME) also closed
higher in November than October in 24(Cond Years) of those years.
Of those 24, SPH went on to exceed the November high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the SPH should exceed 2207.20(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 2314.04(Average Objective).
- March Japanese Yen(CME)
- The JYH7(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 95.82(Prev Close), the market ended November at 87.92(Month Close),
that being 1%(Pct Range) off of
87.76(Month Low) to 99.37(Month High).
In comparing the October/November closes for each of the last 40 years(Total Years), Scenario found that the March Japanese Yen(CME) also closed
lower in November than October in 23(Cond Years) of those years.
Of those 23, JYH went on to penetrate the November low within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the JYH should penetrate 87.76(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 84.69(Average Objective).
- March British Pound(CME)
- The BPH7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 122.78(Prev Close), the market ended November at 125.37(Month Close),
that being 64%(Pct Range) off of
122.40(Month Low) to 127.05(Month High).
In comparing the October/November closes for each of the last 41 years(Total Years), Scenario found that the March British Pound(CME) also closed
higher in November than October in 16(Cond Years) of those years.
Of those 16, BPH 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 BPH should exceed 127.05(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 131.30(Average Objective).
- March Silver(CMX)
- The SIH7(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 1791.4(Prev Close), the market ended November at 1648.2(Month Close),
that being 8%(Pct Range) off of
1624.5(Month Low) to 1912.0(Month High).
In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the March Silver(CMX) also closed
lower in November than October in 26(Cond Years) of those years.
Of those 26, SIH went on to penetrate the November 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 SIH should penetrate 1624.5(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 1499.3(Average Objective).
- March Palladium(NYMEX)
- The PAH7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 619.90(Prev Close), the market ended November at 772.65(Month Close),
that being 98%(Pct Range) off of
618.85(Month Low) to 775.75(Month High).
In comparing the October/November closes for each of the last 38 years(Total Years), Scenario found that the March Palladium(NYMEX) also closed
higher in November than October in 19(Cond Years) of those years.
Of those 19, PAH 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 PAH should exceed 775.75(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 905.41(Average Objective).
- March Copper(CMX)
- The HGH7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 221.55(Prev Close), the market ended November at 263.30(Month Close),
that being 78%(Pct Range) off of
220.90(Month Low) to 275.30(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 21(Cond Years) of those years.
Of those 21, HGH went on to exceed the November high within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the HGH should exceed 275.30(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 302.12(Average Objective).
- March Copper(CMX)
- The HGH7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 221.55(Prev Close), the market ended November at 263.30(Month Close),
that being 78%(Pct Range) off of
220.90(Month Low) to 275.30(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 21(Cond Years) of those years.
Of those 21, HGH went on to exceed the November high within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the HGH should exceed 275.30(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 302.12(Average Objective).
- March Crude Oil(NYM)
- The CLH7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 48.62(Prev Close), the market ended November at 51.21(Month Close),
that being 94%(Pct Range) off of
44.49(Month Low) to 51.65(Month High).
In comparing the October/November closes for each of the last 33 years(Total Years), Scenario found that the March Crude Oil(NYM) also closed
higher in November than October in 15(Cond Years) of those years.
Of those 15, CLH went on to exceed the November 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 CLH should exceed 51.65(Scenario Objective) by no later than the end of February.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 57.86(Average Objective).
- April Crude Oil(NYM)
- The CLJ7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 49.13(Prev Close), the market ended November at 51.89(Month Close),
that being 94%(Pct Range) off of
45.18(Month Low) to 52.32(Month High).
In comparing the October/November closes for each of the last 33 years(Total Years), Scenario found that the April Crude Oil(NYM) also closed
higher in November than October in 15(Cond Years) of those years.
Of those 15, CLJ went on to exceed the November 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 CLJ should exceed 52.32(Scenario Objective) by no later than the end of February.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 58.14(Average Objective).
- May Crude Oil(NYM)
- The CLK7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 49.55(Prev Close), the market ended November at 52.39(Month Close),
that being 94%(Pct Range) off of
45.77(Month Low) to 52.78(Month High).
In comparing the October/November closes for each of the last 33 years(Total Years), Scenario found that the May Crude Oil(NYM) also closed
higher in November than October in 14(Cond Years) of those years.
Of those 14, CLK went on to exceed the November high within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the CLK should exceed 52.78(Scenario Objective) by no later than the end of February.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 58.82(Average Objective).
- May Natural Gas(NYM)
- The NGK7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 3.062(Prev Close), the market ended November at 3.217(Month Close),
that being 92%(Pct Range) off of
2.731(Month Low) to 3.261(Month High).
In comparing the October/November closes for each of the last 26 years(Total Years), Scenario found that the May Natural Gas(NYM) also closed
higher in November than October in 7(Cond Years) of those years.
Of those 7, NGK went on to exceed the November high within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the NGK should exceed 3.261(Scenario Objective) by no later than the end of February.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 3.779(Average Objective).
- March Brent Crude Oil(ICE)
- The CBH7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 49.92(Prev Close), the market ended November at 52.53(Month Close),
that being 93%(Pct Range) off of
45.51(Month Low) to 53.03(Month High).
In comparing the October/November closes for each of the last 27 years(Total Years), Scenario found that the March Brent Crude Oil(ICE) also closed
higher in November than October in 13(Cond Years) of those years.
Of those 13, CBH went on to exceed the November 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 CBH should exceed 53.03(Scenario Objective) by no later than the end of February.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 57.46(Average Objective).
- March Brent Crude Oil(ICE)
- The CBH7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 49.92(Prev Close), the market ended November at 52.53(Month Close),
that being 93%(Pct Range) off of
45.51(Month Low) to 53.03(Month High).
In comparing the October/November closes for each of the last 27 years(Total Years), Scenario found that the March Brent Crude Oil(ICE) also closed
higher in November than October in 13(Cond Years) of those years.
Of those 13, CBH went on to exceed the November 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 CBH should exceed 53.03(Scenario Objective) by no later than the end of February.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 57.46(Average Objective).
- April Brent Crude Oil(ICE)
- The CBJ7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 50.47(Prev Close), the market ended November at 53.08(Month Close),
that being 93%(Pct Range) off of
46.22(Month Low) to 53.58(Month High).
In comparing the October/November closes for each of the last 27 years(Total Years), Scenario found that the April Brent Crude Oil(ICE) also closed
higher in November than October in 13(Cond Years) of those years.
Of those 13, CBJ went on to exceed the November 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 CBJ should exceed 53.58(Scenario Objective) by no later than the end of February.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 57.89(Average Objective).
- March Wheat(CBOT)
- The WH7(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 433.75(Prev Close), the market ended November at 402.75(Month Close),
that being 1%(Pct Range) off of
402.25(Month Low) to 437.00(Month High).
In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the March Wheat(CBOT) also closed
lower in November than October in 23(Cond Years) of those years.
Of those 23, WH 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 WH should penetrate 402.25(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 365.29(Average Objective).
- May Wheat(CBOT)
- The WK7(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 448.25(Prev Close), the market ended November at 415.50(Month Close),
that being 1%(Pct Range) off of
415.00(Month Low) to 452.00(Month High).
In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the May Wheat(CBOT) also closed
lower in November than October in 25(Cond Years) of those years.
Of those 25, WK went on to penetrate the November 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 WK should penetrate 415.00(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 380.70(Average Objective).
- March Wheat(KCBT)
- The KWH7(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 432.50(Prev Close), the market ended November at 410.25(Month Close),
that being 2%(Pct Range) off of
409.50(Month Low) to 439.75(Month High).
In comparing the October/November closes for each of the last 40 years(Total Years), Scenario found that the March Wheat(KCBT) also closed
lower in November than October in 21(Cond Years) of those years.
Of those 21, KWH 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 KWH should penetrate 409.50(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 377.69(Average Objective).
- May Wheat(KCBT)
- The KWK7(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 444.75(Prev Close), the market ended November at 422.00(Month Close),
that being 2%(Pct Range) off of
421.25(Month Low) to 451.50(Month High).
In comparing the October/November closes for each of the last 40 years(Total Years), Scenario found that the May Wheat(KCBT) also closed
lower in November than October in 23(Cond Years) of those years.
Of those 23, KWK 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 KWK should penetrate 421.25(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 389.20(Average Objective).
- March Rough Rice(CBOT)
- The RRH7(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 10.40(Prev Close), the market ended November at 9.96(Month Close),
that being 47%(Pct Range) off of
9.56(Month Low) to 10.40(Month High).
In comparing the October/November closes for each of the last 30 years(Total Years), Scenario found that the March Rough Rice(CBOT) also closed
lower in November than October in 13(Cond Years) of those years.
Of those 13, RRH went on to penetrate the November 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 RRH should penetrate 9.56(Scenario Objective) by no later than the end of February.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 8.86(Average Objective).
- May Rough Rice(CBOT)
- The RRK7(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 10.65(Prev Close), the market ended November at 10.21(Month Close),
that being 64%(Pct Range) off of
9.89(Month Low) to 10.38(Month High).
In comparing the October/November closes for each of the last 29 years(Total Years), Scenario found that the May Rough Rice(CBOT) also closed
lower in November than October in 12(Cond Years) of those years.
Of those 12, RRK went on to penetrate the November low within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the RRK should penetrate 9.89(Scenario Objective) by no later than the end of February.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 9.22(Average Objective).
- February Live Cattle(CME)
- The LCG7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 104.135(Prev Close), the market ended November at 111.950(Month Close),
that being 95%(Pct Range) off of
101.450(Month Low) to 112.530(Month High).
In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the February Live Cattle(CME) also closed
higher in November than October in 27(Cond Years) of those years.
Of those 27, LCG went on to exceed the November high within the next 2 months in 23 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the LCG should exceed 112.530(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 118.762(Average Objective).
- March Feeder Cattle(CME)
- The FCH7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 112.280(Prev Close), the market ended November at 124.450(Month Close),
that being 98%(Pct Range) off of
112.400(Month Low) to 124.730(Month High).
In comparing the October/November closes for each of the last 44 years(Total Years), Scenario found that the March Feeder Cattle(CME) also closed
higher in November than October in 24(Cond Years) of those years.
Of those 24, FCH went on to exceed the November high within the next 2 months in 21 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the FCH should exceed 124.730(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 131.114(Average Objective).
- March Cotton(ICE)
- The CTH7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 69.37(Prev Close), the market ended November at 71.58(Month Close),
that being 74%(Pct Range) off of
68.30(Month Low) to 72.75(Month High).
In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the March Cotton(ICE) also closed
higher in November than October in 22(Cond Years) of those years.
Of those 22, CTH went on to exceed the November high within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the CTH should exceed 72.75(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 80.73(Average Objective).
- May Cotton(ICE)
- The CTK7(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 69.85(Prev Close), the market ended November at 72.06(Month Close),
that being 71%(Pct Range) off of
68.90(Month Low) to 73.32(Month High).
In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the May Cotton(ICE) also closed
higher in November than October in 20(Cond Years) of those years.
Of those 20, CTK went on to exceed the November 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 CTK should exceed 73.32(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 80.66(Average Objective).
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