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MRCI's Scenario Summary

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MRCI's ScenarioSM Summary

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.
ScenarioSM Summary Jun 30, 2018
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 695.20 719.05 655.50 711.65 88% 45 25 21 84% 719.05 750.91 711.65
#NDX Higher Jun 414.15 756.40 396.65 487.20 25% 32 14 12 86% 756.40 812.76 487.20
#MID Higher Jun 1946.45 2009.00 1932.55 1951.65 25% 37 22 19 86% 2009.00 2107.99 1951.65
#SSNI Higher Jun 22202 23012 22038 22305 27% 45 27 23 85% 23012 23855 22305
#SP Higher Jun 2705.25 2791.45 2692.00 2718.35 26% 45 26 22 85% 2791.45 2917.21 2718.35
SFU8 Lower Jun 102.46 103.04 100.75 101.55 35% 43 17 15 88% 100.75 96.77 101.55
DXU8 Higher Jun 93.515 95.255 92.760 94.350 64% 32 13 12 92% 95.255 97.576 94.350
CLV8 Higher Jun 66.11 71.29 62.60 70.92 96% 35 16 14 88% 71.29 78.52 70.92
CLX8 Higher Jun 65.80 70.51 62.48 70.16 96% 35 16 15 94% 70.51 77.18 70.16
CLZ8 Higher Jun 65.52 69.86 62.32 69.49 95% 35 16 15 94% 69.86 76.22 69.49
ITCOX8 Higher Jun 76.53 78.85 71.49 78.53 96% 28 13 12 92% 78.85 87.45 78.53
ITCOZ8 Higher Jun 76.15 78.46 71.25 78.13 95% 28 13 12 92% 78.46 86.74 78.13
ITCOF9 Higher Jun 75.78 77.98 71.00 77.70 96% 26 14 12 86% 77.98 85.66 77.70
HOV8 Higher Jun 221.32 223.04 207.89 222.25 95% 38 17 16 94% 223.04 246.49 222.25
HOX8 Higher Jun 221.41 223.54 208.37 222.78 95% 39 18 17 94% 223.54 245.88 222.78
HOZ8 Higher Jun 221.31 223.89 208.74 223.19 95% 39 19 17 89% 223.89 245.63 223.19
RBV8 Higher Jun 201.71 202.57 185.84 201.90 96% 33 16 15 94% 202.57 222.10 201.90
RBX8 Higher Jun 198.60 199.71 183.49 199.11 96% 33 14 13 93% 199.71 217.94 199.11
RBZ8 Higher Jun 196.30 197.86 182.08 197.30 96% 33 14 13 93% 197.86 214.90 197.30
NGV8 Lower Jun 2.948 3.025 2.879 2.908 20% 28 16 14 88% 2.879 2.445 2.908
NGX8 Lower Jun 2.986 3.064 2.919 2.949 21% 28 16 14 88% 2.919 2.582 2.949
NGZ8 Lower Jun 3.086 3.165 3.030 3.055 19% 28 17 15 88% 3.030 2.727 3.055
CBV8 Higher Jun 76.90 79.18 71.76 78.86 96% 28 13 12 92% 79.18 87.97 78.86
CBX8 Higher Jun 76.53 78.85 71.49 78.53 96% 28 13 12 92% 78.85 87.37 78.53
CBZ8 Higher Jun 76.15 78.46 71.25 78.13 95% 28 13 12 92% 78.46 86.66 78.13
SU8 Lower Jun 1027.25 1035.00 853.50 869.25 9% 45 24 23 96% 853.50 772.27 869.25
SX8 Lower Jun 1034.25 1042.00 864.50 880.00 9% 45 25 24 96% 864.50 786.43 880.00
SF9 Lower Jun 1039.75 1047.25 874.00 889.00 9% 45 25 23 92% 874.00 795.36 889.00
BOU8 Lower Jun 31.39 31.79 28.12 29.34 33% 45 24 22 92% 28.12 25.07 29.34
BOV8 Lower Jun 31.54 31.90 28.26 29.47 33% 45 25 23 92% 28.26 25.24 29.47
SMU8 Lower Jun 375.80 377.40 324.60 330.90 12% 45 21 18 86% 324.60 294.51 330.90
SMV8 Lower Jun 374.50 376.40 325.60 330.30 9% 45 23 20 87% 325.60 293.60 330.30
CZ8 Lower Jun 413.75 417.00 360.00 371.25 20% 45 28 24 86% 360.00 318.07 371.25
CH9 Lower Jun 422.50 425.50 369.50 381.25 21% 45 27 24 89% 369.50 330.25 381.25
KWU8 Lower Jun 560.75 574.75 471.50 488.50 16% 42 26 23 88% 471.50 432.99 488.50
KWZ8 Lower Jun 584.50 597.75 495.00 511.50 16% 42 27 23 85% 495.00 454.27 511.50
LCV8 Higher Jun 107.050 110.030 103.500 110.030 100% 45 23 22 96% 110.030 117.206 110.030
LCZ8 Higher Jun 111.780 113.930 108.100 113.700 96% 45 24 23 96% 113.930 120.497 113.700
FCV8 Higher Jun 147.000 150.735 143.280 150.080 91% 45 24 23 96% 150.735 159.429 150.080
FCX8 Higher Jun 147.235 150.330 143.530 149.750 91% 45 25 24 96% 150.330 158.514 149.750
KCU8 Lower Jun 125.90 127.15 114.50 115.10 5% 44 33 29 88% 114.50 101.03 115.10
KCZ8 Lower Jun 129.45 130.60 118.00 118.55 4% 44 33 29 88% 118.00 105.18 118.55
CTZ8 Lower Jun 91.64 94.82 82.94 83.92 8% 45 21 18 86% 82.94 75.37 83.92


Dow Jones Utilities
The #UTIL(Mkt) ended Higher(Cond) for June(Month). Compared to May's 695.20(Prev Close), the market ended June at 711.65(Month Close), that being 88%(Pct Range) off of 655.50(Month Low) to 719.05(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Utilities also closed higher in June than May in 25(Cond Years) of those years. Of those 25, the #UTIL went on to exceed the June high within the next 2 months in 21 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the the #UTIL should exceed 719.05(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 750.91(Average Objective).

NASDAQ 100 Index
The #NDX(Mkt) ended Higher(Cond) for June(Month). Compared to May's 414.15(Prev Close), the market ended June at 487.20(Month Close), that being 25%(Pct Range) off of 396.65(Month Low) to 756.40(Month High).

In comparing the May/June closes for each of the last 32 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in June than May in 14(Cond Years) of those years. Of those 14, the #NDX went on to exceed the June 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 the #NDX should exceed 756.40(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 812.76(Average Objective).

S & P Midcap 400 Index
The #MID(Mkt) ended Higher(Cond) for June(Month). Compared to May's 1946.45(Prev Close), the market ended June at 1951.65(Month Close), that being 25%(Pct Range) off of 1932.55(Month Low) to 2009.00(Month High).

In comparing the May/June closes for each of the last 37 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed higher in June than May in 22(Cond Years) of those years. Of those 22, the #MID went on to exceed the June 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 the #MID should exceed 2009.00(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 2107.99(Average Objective).

Nikkei 225 Index
The #SSNI(Mkt) ended Higher(Cond) for June(Month). Compared to May's 22202(Prev Close), the market ended June at 22305(Month Close), that being 27%(Pct Range) off of 22038(Month Low) to 23012(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in June than May in 27(Cond Years) of those years. Of those 27, the #SSNI went on to exceed the June 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 the #SSNI should exceed 23012(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 23855(Average Objective).

S & P 500 Stock Index
The #SP(Mkt) ended Higher(Cond) for June(Month). Compared to May's 2705.25(Prev Close), the market ended June at 2718.35(Month Close), that being 26%(Pct Range) off of 2692.00(Month Low) to 2791.45(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed higher in June than May in 26(Cond Years) of those years. Of those 26, the #SP went on to exceed the June high within the next 2 months in 22 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the the #SP should exceed 2791.45(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 2917.21(Average Objective).

September Swiss Franc(CME)
The SFU8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 102.46(Prev Close), the market ended June at 101.55(Month Close), that being 35%(Pct Range) off of 100.75(Month Low) to 103.04(Month High).

In comparing the May/June closes for each of the last 43 years(Total Years), Scenario found that the September Swiss Franc(CME) also closed lower in June than May in 17(Cond Years) of those years. Of those 17, SFU 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 SFU should penetrate 100.75(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 96.77(Average Objective).

September US Dollar Index(ICE)
The DXU8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 93.515(Prev Close), the market ended June at 94.350(Month Close), that being 64%(Pct Range) off of 92.760(Month Low) to 95.255(Month High).

In comparing the May/June closes for each of the last 32 years(Total Years), Scenario found that the September US Dollar Index(ICE) also closed higher in June than May in 13(Cond Years) of those years. Of those 13, DXU went on to exceed the June 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 DXU should exceed 95.255(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 97.576(Average Objective).

October Crude Oil(NYM)
The CLV8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 66.11(Prev Close), the market ended June at 70.92(Month Close), that being 96%(Pct Range) off of 62.60(Month Low) to 71.29(Month High).

In comparing the May/June closes for each of the last 35 years(Total Years), Scenario found that the October Crude Oil(NYM) also closed higher in June than May in 16(Cond Years) of those years. Of those 16, CLV went on to exceed the June 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 CLV should exceed 71.29(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 78.52(Average Objective).

November Crude Oil(NYM)
The CLX8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 65.80(Prev Close), the market ended June at 70.16(Month Close), that being 96%(Pct Range) off of 62.48(Month Low) to 70.51(Month High).

In comparing the May/June closes for each of the last 35 years(Total Years), Scenario found that the November Crude Oil(NYM) also closed higher in June than May in 16(Cond Years) of those years. Of those 16, CLX went on to exceed the June high within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the CLX should exceed 70.51(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 77.18(Average Objective).

December Crude Oil(NYM)
The CLZ8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 65.52(Prev Close), the market ended June at 69.49(Month Close), that being 95%(Pct Range) off of 62.32(Month Low) to 69.86(Month High).

In comparing the May/June closes for each of the last 35 years(Total Years), Scenario found that the December Crude Oil(NYM) also closed higher in June than May in 16(Cond Years) of those years. Of those 16, CLZ went on to exceed the June high within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the CLZ should exceed 69.86(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 76.22(Average Objective).

November Brent Crude Oil(ICE)
The ITCOX8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 76.53(Prev Close), the market ended June at 78.53(Month Close), that being 96%(Pct Range) off of 71.49(Month Low) to 78.85(Month High).

In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the November Brent Crude Oil(ICE) also closed higher in June than May in 13(Cond Years) of those years. Of those 13, ITCOX went on to exceed the June 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 ITCOX should exceed 78.85(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 87.45(Average Objective).

December Brent Crude Oil(ICE)
The ITCOZ8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 76.15(Prev Close), the market ended June at 78.13(Month Close), that being 95%(Pct Range) off of 71.25(Month Low) to 78.46(Month High).

In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the December Brent Crude Oil(ICE) also closed higher in June than May in 13(Cond Years) of those years. Of those 13, ITCOZ went on to exceed the June 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 ITCOZ should exceed 78.46(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 86.74(Average Objective).

January Brent Crude Oil(ICE)
The ITCOF9(Mkt) ended Higher(Cond) for June(Month). Compared to May's 75.78(Prev Close), the market ended June at 77.70(Month Close), that being 96%(Pct Range) off of 71.00(Month Low) to 77.98(Month High).

In comparing the May/June closes for each of the last 26 years(Total Years), Scenario found that the January Brent Crude Oil(ICE) also closed higher in June than May in 14(Cond Years) of those years. Of those 14, ITCOF went on to exceed the June 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 ITCOF should exceed 77.98(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 85.66(Average Objective).

October NY Harbor ULSD(NYM)
The HOV8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 221.32(Prev Close), the market ended June at 222.25(Month Close), that being 95%(Pct Range) off of 207.89(Month Low) to 223.04(Month High).

In comparing the May/June closes for each of the last 38 years(Total Years), Scenario found that the October NY Harbor ULSD(NYM) also closed higher in June than May in 17(Cond Years) of those years. Of those 17, HOV went on to exceed the June high within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the HOV should exceed 223.04(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 246.49(Average Objective).

November NY Harbor ULSD(NYM)
The HOX8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 221.41(Prev Close), the market ended June at 222.78(Month Close), that being 95%(Pct Range) off of 208.37(Month Low) to 223.54(Month High).

In comparing the May/June closes for each of the last 39 years(Total Years), Scenario found that the November NY Harbor ULSD(NYM) also closed higher in June than May in 18(Cond Years) of those years. Of those 18, HOX went on to exceed the June high within the next 2 months in 17 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the HOX should exceed 223.54(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 245.88(Average Objective).

December NY Harbor ULSD(NYM)
The HOZ8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 221.31(Prev Close), the market ended June at 223.19(Month Close), that being 95%(Pct Range) off of 208.74(Month Low) to 223.89(Month High).

In comparing the May/June closes for each of the last 39 years(Total Years), Scenario found that the December NY Harbor ULSD(NYM) also closed higher in June than May in 19(Cond Years) of those years. Of those 19, HOZ went on to exceed the June 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 HOZ should exceed 223.89(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 245.63(Average Objective).

October RBOB Gasoline(NYM)
The RBV8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 201.71(Prev Close), the market ended June at 201.90(Month Close), that being 96%(Pct Range) off of 185.84(Month Low) to 202.57(Month High).

In comparing the May/June closes for each of the last 33 years(Total Years), Scenario found that the October RBOB Gasoline(NYM) also closed higher in June than May in 16(Cond Years) of those years. Of those 16, RBV went on to exceed the June high within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the RBV should exceed 202.57(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 222.10(Average Objective).

November RBOB Gasoline(NYM)
The RBX8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 198.60(Prev Close), the market ended June at 199.11(Month Close), that being 96%(Pct Range) off of 183.49(Month Low) to 199.71(Month High).

In comparing the May/June closes for each of the last 33 years(Total Years), Scenario found that the November RBOB Gasoline(NYM) also closed higher in June than May in 14(Cond Years) of those years. Of those 14, RBX went on to exceed the June 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 RBX should exceed 199.71(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 217.94(Average Objective).

December RBOB Gasoline(NYM)
The RBZ8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 196.30(Prev Close), the market ended June at 197.30(Month Close), that being 96%(Pct Range) off of 182.08(Month Low) to 197.86(Month High).

In comparing the May/June closes for each of the last 33 years(Total Years), Scenario found that the December RBOB Gasoline(NYM) also closed higher in June than May in 14(Cond Years) of those years. Of those 14, RBZ went on to exceed the June 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 RBZ should exceed 197.86(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 214.90(Average Objective).

October Natural Gas(NYM)
The NGV8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 2.948(Prev Close), the market ended June at 2.908(Month Close), that being 20%(Pct Range) off of 2.879(Month Low) to 3.025(Month High).

In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the October Natural Gas(NYM) also closed lower in June than May in 16(Cond Years) of those years. Of those 16, NGV went on to penetrate the June 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 NGV should penetrate 2.879(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 2.445(Average Objective).

November Natural Gas(NYM)
The NGX8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 2.986(Prev Close), the market ended June at 2.949(Month Close), that being 21%(Pct Range) off of 2.919(Month Low) to 3.064(Month High).

In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the November Natural Gas(NYM) also closed lower in June than May in 16(Cond Years) of those years. Of those 16, NGX went on to penetrate the June 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 NGX should penetrate 2.919(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 2.582(Average Objective).

December Natural Gas(NYM)
The NGZ8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 3.086(Prev Close), the market ended June at 3.055(Month Close), that being 19%(Pct Range) off of 3.030(Month Low) to 3.165(Month High).

In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the December Natural Gas(NYM) also closed lower in June than May in 17(Cond Years) of those years. Of those 17, NGZ 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 NGZ should penetrate 3.030(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 2.727(Average Objective).

October Brent Crude Oil(ICE)
The CBV8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 76.90(Prev Close), the market ended June at 78.86(Month Close), that being 96%(Pct Range) off of 71.76(Month Low) to 79.18(Month High).

In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the October Brent Crude Oil(ICE) also closed higher in June than May in 13(Cond Years) of those years. Of those 13, CBV went on to exceed the June 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 CBV should exceed 79.18(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 87.97(Average Objective).

November Brent Crude Oil(ICE)
The CBX8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 76.53(Prev Close), the market ended June at 78.53(Month Close), that being 96%(Pct Range) off of 71.49(Month Low) to 78.85(Month High).

In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the November Brent Crude Oil(ICE) also closed higher in June than May in 13(Cond Years) of those years. Of those 13, CBX went on to exceed the June 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 CBX should exceed 78.85(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 87.37(Average Objective).

December Brent Crude Oil(ICE)
The CBZ8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 76.15(Prev Close), the market ended June at 78.13(Month Close), that being 95%(Pct Range) off of 71.25(Month Low) to 78.46(Month High).

In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the December Brent Crude Oil(ICE) also closed higher in June than May in 13(Cond Years) of those years. Of those 13, CBZ went on to exceed the June 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 CBZ should exceed 78.46(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 86.66(Average Objective).

September Soybeans(CBOT)
The SU8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 1027.25(Prev Close), the market ended June at 869.25(Month Close), that being 9%(Pct Range) off of 853.50(Month Low) to 1035.00(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 24(Cond Years) of those years. Of those 24, SU went on to penetrate the June low within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the SU should penetrate 853.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 772.27(Average Objective).

November Soybeans(CBOT)
The SX8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 1034.25(Prev Close), the market ended June at 880.00(Month Close), that being 9%(Pct Range) off of 864.50(Month Low) to 1042.00(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 25(Cond Years) of those years. Of those 25, SX went on to penetrate the June low within the next 2 months in 24 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the SX should penetrate 864.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 786.43(Average Objective).

January Soybeans(CBOT)
The SF9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 1039.75(Prev Close), the market ended June at 889.00(Month Close), that being 9%(Pct Range) off of 874.00(Month Low) to 1047.25(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the January Soybeans(CBOT) also closed lower in June than May in 25(Cond Years) of those years. Of those 25, SF went on to penetrate the June low within the next 2 months in 23 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the SF should penetrate 874.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 795.36(Average Objective).

September Soybean Oil(CBOT)
The BOU8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 31.39(Prev Close), the market ended June at 29.34(Month Close), that being 33%(Pct Range) off of 28.12(Month Low) to 31.79(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 22 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the BOU should penetrate 28.12(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 25.07(Average Objective).

October Soybean Oil(CBOT)
The BOV8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 31.54(Prev Close), the market ended June at 29.47(Month Close), that being 33%(Pct Range) off of 28.26(Month Low) to 31.90(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 23 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the BOV should penetrate 28.26(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 25.24(Average Objective).

September Soybean Meal(CBOT)
The SMU8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 375.80(Prev Close), the market ended June at 330.90(Month Close), that being 12%(Pct Range) off of 324.60(Month Low) to 377.40(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 21(Cond Years) of those years. Of those 21, SMU 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 SMU should penetrate 324.60(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 294.51(Average Objective).

October Soybean Meal(CBOT)
The SMV8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 374.50(Prev Close), the market ended June at 330.30(Month Close), that being 9%(Pct Range) off of 325.60(Month Low) to 376.40(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 23(Cond Years) of those years. Of those 23, SMV 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 SMV should penetrate 325.60(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 293.60(Average Objective).

December Corn(CBOT)
The CZ8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 413.75(Prev Close), the market ended June at 371.25(Month Close), that being 20%(Pct Range) off of 360.00(Month Low) to 417.00(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 28(Cond Years) of those years. Of those 28, CZ went on to penetrate the June low within the next 2 months in 24 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the CZ should penetrate 360.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 318.07(Average Objective).

March Corn(CBOT)
The CH9(Mkt) ended Lower(Cond) for June(Month). Compared to May's 422.50(Prev Close), the market ended June at 381.25(Month Close), that being 21%(Pct Range) off of 369.50(Month Low) to 425.50(Month High).

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

Therefore, the historical odds are high that the CH should penetrate 369.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 330.25(Average Objective).

September Wheat(KCBT)
The KWU8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 560.75(Prev Close), the market ended June at 488.50(Month Close), that being 16%(Pct Range) off of 471.50(Month Low) to 574.75(Month High).

In comparing the May/June closes for each of the last 42 years(Total Years), Scenario found that the September Wheat(KCBT) also closed lower in June than May in 26(Cond Years) of those years. Of those 26, KWU went on to penetrate the June low within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the KWU should penetrate 471.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 432.99(Average Objective).

December Wheat(KCBT)
The KWZ8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 584.50(Prev Close), the market ended June at 511.50(Month Close), that being 16%(Pct Range) off of 495.00(Month Low) to 597.75(Month High).

In comparing the May/June closes for each of the last 42 years(Total Years), Scenario found that the December Wheat(KCBT) also closed lower in June than May in 27(Cond Years) of those years. Of those 27, KWZ went on to penetrate the June low within the next 2 months in 23 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the KWZ should penetrate 495.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 454.27(Average Objective).

October Live Cattle(CME)
The LCV8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 107.050(Prev Close), the market ended June at 110.030(Month Close), that being 100%(Pct Range) off of 103.500(Month Low) to 110.030(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Live Cattle(CME) also closed higher in June than May in 23(Cond Years) of those years. Of those 23, LCV went on to exceed the June 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 LCV should exceed 110.030(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 117.206(Average Objective).

December Live Cattle(CME)
The LCZ8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 111.780(Prev Close), the market ended June at 113.700(Month Close), that being 96%(Pct Range) off of 108.100(Month Low) to 113.930(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Live Cattle(CME) also closed higher in June than May in 24(Cond Years) of those years. Of those 24, LCZ went on to exceed the June 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 LCZ should exceed 113.930(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 120.497(Average Objective).

October Feeder Cattle(CME)
The FCV8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 147.000(Prev Close), the market ended June at 150.080(Month Close), that being 91%(Pct Range) off of 143.280(Month Low) to 150.735(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Feeder Cattle(CME) also closed higher in June than May in 24(Cond Years) of those years. Of those 24, FCV went on to exceed the June 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 FCV should exceed 150.735(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 159.429(Average Objective).

November Feeder Cattle(CME)
The FCX8(Mkt) ended Higher(Cond) for June(Month). Compared to May's 147.235(Prev Close), the market ended June at 149.750(Month Close), that being 91%(Pct Range) off of 143.530(Month Low) to 150.330(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the November Feeder Cattle(CME) also closed higher in June than May in 25(Cond Years) of those years. Of those 25, FCX went on to exceed the June high within the next 2 months in 24 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the FCX should exceed 150.330(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 158.514(Average Objective).

September Coffee "C"(ICE)
The KCU8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 125.90(Prev Close), the market ended June at 115.10(Month Close), that being 5%(Pct Range) off of 114.50(Month Low) to 127.15(Month High).

In comparing the May/June closes for each of the last 44 years(Total Years), Scenario found that the September Coffee "C"(ICE) also closed lower in June than May in 33(Cond Years) of those years. Of those 33, KCU went on to penetrate the June low within the next 2 months in 29 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the KCU should penetrate 114.50(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 29 years) a potential move toward 101.03(Average Objective).

December Coffee "C"(ICE)
The KCZ8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 129.45(Prev Close), the market ended June at 118.55(Month Close), that being 4%(Pct Range) off of 118.00(Month Low) to 130.60(Month High).

In comparing the May/June closes for each of the last 44 years(Total Years), Scenario found that the December Coffee "C"(ICE) also closed lower in June than May in 33(Cond Years) of those years. Of those 33, KCZ went on to penetrate the June low within the next 2 months in 29 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the KCZ should penetrate 118.00(Scenario Objective) by no later than the end of August. If it does so, Scenario would further project (based on normalizing those previous 29 years) a potential move toward 105.18(Average Objective).

December Cotton(ICE)
The CTZ8(Mkt) ended Lower(Cond) for June(Month). Compared to May's 91.64(Prev Close), the market ended June at 83.92(Month Close), that being 8%(Pct Range) off of 82.94(Month Low) to 94.82(Month High).

In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Cotton(ICE) also closed lower in June than May in 21(Cond Years) of those years. Of those 21, CTZ 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 CTZ should penetrate 82.94(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 75.37(Average Objective).
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Newsflash

As soybean planting gets underway, there will be plenty of price movement. What kind of trading opportunities do soybeans and its products, soymeal and soyoil, normally offer now and throughout the year?
MRCI's newly released 2023 Historical Soy Complex special report illustrates seasonal patterns and historically reliable trading strategies!