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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 Dec 31, 2019
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 Dec 28051.00 28702.00 27325.00 28538.00 88% 45 30 27 90% 28702.00 30369.16 28538.00
#TRAN Higher Dec 10858.00 10978.00 10456.00 10901.00 85% 45 31 29 94% 10978.00 11932.82 10901.00
#OEX Higher Dec 87.91 141.00 55.87 131.45 89% 43 28 24 86% 141.00 150.10 131.45
#NQ Higher Dec 8403.50 8811.00 8168.75 8733.00 88% 34 17 16 94% 8811.00 9544.00 8733.00
#QR Higher Dec 1624.50 1681.70 1589.75 1670.00 87% 40 30 29 97% Yes 1797.83 1670.00
#MZ Higher Dec 2010.15 2071.85 1969.35 2063.00 91% 13 8 8 100% 2071.85 2176.55 2063.00
#SSNI Higher Dec 23294 24091 23045 23657 59% 45 31 28 90% Yes 25481 23657
#SP Higher Dec 3141.00 3247.95 3070.50 3230.80 90% 45 32 30 94% 3247.95 3419.15 3230.80
SPH0 Higher Dec 3145.80 3253.50 3084.00 3231.10 87% 37 27 27 100% 3253.50 3421.45 3231.10
NQH0 Higher Dec 8438.25 8843.50 8188.25 8752.25 86% 23 10 9 90% 8843.50 9522.73 8752.25
YMH0 Higher Dec 28067 28721 27297 28508 85% 22 16 14 88% 28721 30044 28508
CDH0 Higher Dec 75.33 77.23 75.12 77.09 93% 43 22 19 86% 77.23 78.68 77.09
GCJ0 Higher Dec 1478.1 1534.5 1465.8 1529.3 92% 44 21 18 86% 1534.5 1665.7 1529.3
SIH0 Higher Dec 1710.6 1820.0 1656.5 1792.1 83% 45 21 19 90% 1820.0 2087.7 1792.1
PLJ0 Higher Dec 906.0 990.7 892.5 977.8 87% 45 19 18 95% 990.7 1131.8 977.8
PAH0 Higher Dec 1810.10 1974.60 1785.30 1909.30 66% 42 25 22 88% 1974.60 2378.13 1909.30
HGH0 Higher Dec 266.15 285.65 262.05 279.70 75% 45 25 22 88% 285.65 308.10 279.70
CLJ0 Higher Dec 54.74 61.82 54.88 60.41 80% 36 17 17 100% 61.82 67.55 60.41
CLK0 Higher Dec 54.45 61.33 54.55 59.97 80% 36 16 16 100% 61.33 66.79 59.97
CLM0 Higher Dec 54.10 60.85 54.20 59.44 79% 36 16 16 100% 60.85 66.05 59.44
HOJ0 Higher Dec 185.00 205.32 184.11 199.97 75% 40 20 19 95% 205.32 221.17 199.97
HOK0 Higher Dec 183.75 203.67 183.13 198.42 74% 40 18 16 89% 203.67 220.19 198.42
HOM0 Higher Dec 182.92 202.24 182.25 197.13 74% 40 19 16 84% 202.24 217.91 197.13
RBJ0 Higher Dec 176.89 194.16 174.64 187.92 68% 34 19 19 100% 194.16 212.19 187.92
RBK0 Higher Dec 176.87 193.88 174.85 188.06 69% 34 18 18 100% 193.88 212.52 188.06
RBM0 Higher Dec 175.44 192.09 173.66 186.71 71% 34 19 19 100% 192.09 208.78 186.71
NGK0 Higher Dec 2.148 2.234 2.119 2.188 60% 29 11 10 91% 2.234 2.543 2.188
CBK0 Higher Dec 58.95 66.26 58.70 64.68 79% 29 13 12 92% 66.26 72.98 64.68
CBM0 Higher Dec 58.57 65.64 58.34 64.08 79% 29 13 12 92% 65.64 71.66 64.08
CBN0 Higher Dec 58.19 65.01 58.00 63.46 78% 28 12 11 92% 65.01 70.84 63.46
CK0 Higher Dec 385.75 398.50 377.50 394.75 82% 45 20 17 85% 398.50 426.55 394.75
LCJ0 Higher Dec 126.380 128.550 124.530 127.180 66% 45 27 24 89% 128.550 134.687 127.180
LCM0 Higher Dec 117.730 119.750 116.050 118.900 77% 45 28 27 96% 119.750 123.816 118.900
FCH0 Higher Dec 143.030 146.930 140.550 144.235 58% 45 26 23 88% 146.930 153.543 144.235
FCJ0 Higher Dec 144.985 148.680 142.550 146.750 69% 45 27 24 89% 148.680 155.184 146.750
HEM0 Higher Dec 85.600 90.180 83.930 89.430 88% 45 21 20 95% 90.180 95.874 89.430
JOH0 Lower Dec 101.60 104.80 97.90 99.75 27% 45 32 27 84% 97.90 87.66 99.75
JOK0 Lower Dec 104.35 107.60 100.95 102.55 24% 45 32 27 84% 100.95 90.06 102.55
LBH0 Higher Dec 420.7 434.5 397.7 426.2 77% 45 28 24 86% 434.5 480.2 426.2
LBK0 Higher Dec 413.6 426.7 395.2 416.5 68% 45 28 25 89% 426.7 460.6 416.5
CTH0 Higher Dec 65.36 69.72 64.02 69.05 88% 45 30 26 87% 69.72 75.88 69.05
CTK0 Higher Dec 66.39 70.84 65.12 70.18 88% 45 30 26 87% 70.84 77.09 70.18


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for December(Month). Compared to November's 28051.00(Prev Close), the market ended December at 28538.00(Month Close), that being 88%(Pct Range) off of 27325.00(Month Low) to 28702.00(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed higher in December than November in 30(Cond Years) of those years. Of those 30, the #DJ went on to exceed the December 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 28702.00(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 27 years) a potential move toward 30369.16(Average Objective).

Dow Jones Transportation
The #TRAN(Mkt) ended Higher(Cond) for December(Month). Compared to November's 10858.00(Prev Close), the market ended December at 10901.00(Month Close), that being 85%(Pct Range) off of 10456.00(Month Low) to 10978.00(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Transportation also closed higher in December than November in 31(Cond Years) of those years. Of those 31, the #TRAN went on to exceed the December high within the next 2 months in 29 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the the #TRAN should exceed 10978.00(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 29 years) a potential move toward 11932.82(Average Objective).

S & P 100(OEX)
The #OEX(Mkt) ended Higher(Cond) for December(Month). Compared to November's 87.91(Prev Close), the market ended December at 131.45(Month Close), that being 89%(Pct Range) off of 55.87(Month Low) to 141.00(Month High).

In comparing the November/December closes for each of the last 43 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in December than November in 28(Cond Years) of those years. Of those 28, the #OEX went on to exceed the December high within the next 2 months in 24 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the the #OEX should exceed 141.00(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 150.10(Average Objective).

NASDAQ 100 Index
The #NQ(Mkt) ended Higher(Cond) for December(Month). Compared to November's 8403.50(Prev Close), the market ended December at 8733.00(Month Close), that being 88%(Pct Range) off of 8168.75(Month Low) to 8811.00(Month High).

In comparing the November/December closes for each of the last 34 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in December than November in 17(Cond Years) of those years. Of those 17, the #NQ went on to exceed the December 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 the #NQ should exceed 8811.00(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 9544.00(Average Objective).

Russell 2000 Index
The #QR(Mkt) ended Higher(Cond) for December(Month). Compared to November's 1624.50(Prev Close), the market ended December at 1670.00(Month Close), that being 87%(Pct Range) off of 1589.75(Month Low) to 1681.70(Month High).

In comparing the November/December closes for each of the last 40 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in December than November in 30(Cond Years) of those years. Of those 30, the #QR went on to exceed the December high within the next 2 months in 29 years(Action Years) or 97%(Pct) of the time.

Therefore, the historical odds are high that the the #QR should exceed 1681.70(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 29 years) a potential move toward 1797.83(Average Objective).

S&P MidCap 400 Index
The #MZ(Mkt) ended Higher(Cond) for December(Month). Compared to November's 2010.15(Prev Close), the market ended December at 2063.00(Month Close), that being 91%(Pct Range) off of 1969.35(Month Low) to 2071.85(Month High).

In comparing the November/December closes for each of the last 13 years(Total Years), Scenario found that the S&P MidCap 400 Index also closed higher in December than November in 8(Cond Years) of those years. Of those 8, the #MZ went on to exceed the December high within the next 2 months in 8 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #MZ should exceed 2071.85(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 2176.55(Average Objective).

Nikkei 225 Index
The #SSNI(Mkt) ended Higher(Cond) for December(Month). Compared to November's 23294(Prev Close), the market ended December at 23657(Month Close), that being 59%(Pct Range) off of 23045(Month Low) to 24091(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in December than November in 31(Cond Years) of those years. Of those 31, the #SSNI went on to exceed the December high within the next 2 months in 28 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the the #SSNI should exceed 24091(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 28 years) a potential move toward 25481(Average Objective).

S & P 500 Stock Index
The #SP(Mkt) ended Higher(Cond) for December(Month). Compared to November's 3141.00(Prev Close), the market ended December at 3230.80(Month Close), that being 90%(Pct Range) off of 3070.50(Month Low) to 3247.95(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed higher in December than November in 32(Cond Years) of those years. Of those 32, the #SP went on to exceed the December high within the next 2 months in 30 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the the #SP should exceed 3247.95(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 30 years) a potential move toward 3419.15(Average Objective).

March S & P 500(CME)
The SPH0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 3145.80(Prev Close), the market ended December at 3231.10(Month Close), that being 87%(Pct Range) off of 3084.00(Month Low) to 3253.50(Month High).

In comparing the November/December closes for each of the last 37 years(Total Years), Scenario found that the March S & P 500(CME) also closed higher in December than November in 27(Cond Years) of those years. Of those 27, SPH went on to exceed the December high within the next 2 months in 27 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the SPH should exceed 3253.50(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 27 years) a potential move toward 3421.45(Average Objective).

March NASDAQ 100 E-Mini(CME)
The NQH0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 8438.25(Prev Close), the market ended December at 8752.25(Month Close), that being 86%(Pct Range) off of 8188.25(Month Low) to 8843.50(Month High).

In comparing the November/December closes for each of the last 23 years(Total Years), Scenario found that the March NASDAQ 100 E-Mini(CME) also closed higher in December than November in 10(Cond Years) of those years. Of those 10, NQH went on to exceed the December high within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the NQH should exceed 8843.50(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 9522.73(Average Objective).

March E-mini DJIA Index(CBOT)
The YMH0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 28067(Prev Close), the market ended December at 28508(Month Close), that being 85%(Pct Range) off of 27297(Month Low) to 28721(Month High).

In comparing the November/December closes for each of the last 22 years(Total Years), Scenario found that the March E-mini DJIA Index(CBOT) also closed higher in December than November in 16(Cond Years) of those years. Of those 16, YMH went on to exceed the December 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 YMH should exceed 28721(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 30044(Average Objective).

March Canadian Dollar(CME)
The CDH0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 75.33(Prev Close), the market ended December at 77.09(Month Close), that being 93%(Pct Range) off of 75.12(Month Low) to 77.23(Month High).

In comparing the November/December closes for each of the last 43 years(Total Years), Scenario found that the March Canadian Dollar(CME) also closed higher in December than November in 22(Cond Years) of those years. Of those 22, CDH went on to exceed the December 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 CDH should exceed 77.23(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 78.68(Average Objective).

April Gold(CMX)
The GCJ0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 1478.1(Prev Close), the market ended December at 1529.3(Month Close), that being 92%(Pct Range) off of 1465.8(Month Low) to 1534.5(Month High).

In comparing the November/December closes for each of the last 44 years(Total Years), Scenario found that the April Gold(CMX) also closed higher in December than November in 21(Cond Years) of those years. Of those 21, GCJ went on to exceed the December high within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the GCJ should exceed 1534.5(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 1665.7(Average Objective).

March Silver(CMX)
The SIH0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 1710.6(Prev Close), the market ended December at 1792.1(Month Close), that being 83%(Pct Range) off of 1656.5(Month Low) to 1820.0(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the March Silver(CMX) also closed higher in December than November in 21(Cond Years) of those years. Of those 21, SIH went on to exceed the December 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 SIH should exceed 1820.0(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 2087.7(Average Objective).

April Platinum(NYMEX)
The PLJ0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 906.0(Prev Close), the market ended December at 977.8(Month Close), that being 87%(Pct Range) off of 892.5(Month Low) to 990.7(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the April Platinum(NYMEX) also closed higher in December than November in 19(Cond Years) of those years. Of those 19, PLJ went on to exceed the December 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 PLJ should exceed 990.7(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 1131.8(Average Objective).

March Palladium(NYMEX)
The PAH0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 1810.10(Prev Close), the market ended December at 1909.30(Month Close), that being 66%(Pct Range) off of 1785.30(Month Low) to 1974.60(Month High).

In comparing the November/December closes for each of the last 42 years(Total Years), Scenario found that the March Palladium(NYMEX) also closed higher in December than November in 25(Cond Years) of those years. Of those 25, PAH went on to exceed the December high within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the PAH should exceed 1974.60(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 2378.13(Average Objective).

March Copper(CMX)
The HGH0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 266.15(Prev Close), the market ended December at 279.70(Month Close), that being 75%(Pct Range) off of 262.05(Month Low) to 285.65(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the March Copper(CMX) also closed higher in December than November in 25(Cond Years) of those years. Of those 25, HGH went on to exceed the December high within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the HGH should exceed 285.65(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 308.10(Average Objective).

April Crude Oil(NYM)
The CLJ0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 54.74(Prev Close), the market ended December at 60.41(Month Close), that being 80%(Pct Range) off of 54.88(Month Low) to 61.82(Month High).

In comparing the November/December closes for each of the last 36 years(Total Years), Scenario found that the April Crude Oil(NYM) also closed higher in December than November in 17(Cond Years) of those years. Of those 17, CLJ went on to exceed the December 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 CLJ should exceed 61.82(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 67.55(Average Objective).

May Crude Oil(NYM)
The CLK0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 54.45(Prev Close), the market ended December at 59.97(Month Close), that being 80%(Pct Range) off of 54.55(Month Low) to 61.33(Month High).

In comparing the November/December closes for each of the last 36 years(Total Years), Scenario found that the May Crude Oil(NYM) also closed higher in December than November in 16(Cond Years) of those years. Of those 16, CLK went on to exceed the December 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 CLK should exceed 61.33(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 66.79(Average Objective).

June Crude Oil(NYM)
The CLM0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 54.10(Prev Close), the market ended December at 59.44(Month Close), that being 79%(Pct Range) off of 54.20(Month Low) to 60.85(Month High).

In comparing the November/December closes for each of the last 36 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed higher in December than November in 16(Cond Years) of those years. Of those 16, CLM went on to exceed the December 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 CLM should exceed 60.85(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 66.05(Average Objective).

April NY Harbor ULSD(NYM)
The HOJ0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 185.00(Prev Close), the market ended December at 199.97(Month Close), that being 75%(Pct Range) off of 184.11(Month Low) to 205.32(Month High).

In comparing the November/December closes for each of the last 40 years(Total Years), Scenario found that the April NY Harbor ULSD(NYM) also closed higher in December than November in 20(Cond Years) of those years. Of those 20, HOJ went on to exceed the December high within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the HOJ should exceed 205.32(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 221.17(Average Objective).

May NY Harbor ULSD(NYM)
The HOK0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 183.75(Prev Close), the market ended December at 198.42(Month Close), that being 74%(Pct Range) off of 183.13(Month Low) to 203.67(Month High).

In comparing the November/December closes for each of the last 40 years(Total Years), Scenario found that the May NY Harbor ULSD(NYM) also closed higher in December than November in 18(Cond Years) of those years. Of those 18, HOK went on to exceed the December high within the next 2 months in 16 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the HOK should exceed 203.67(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 220.19(Average Objective).

June NY Harbor ULSD(NYM)
The HOM0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 182.92(Prev Close), the market ended December at 197.13(Month Close), that being 74%(Pct Range) off of 182.25(Month Low) to 202.24(Month High).

In comparing the November/December closes for each of the last 40 years(Total Years), Scenario found that the June NY Harbor ULSD(NYM) also closed higher in December than November in 19(Cond Years) of those years. Of those 19, HOM went on to exceed the December high within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the HOM should exceed 202.24(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 217.91(Average Objective).

April RBOB Gasoline(NYM)
The RBJ0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 176.89(Prev Close), the market ended December at 187.92(Month Close), that being 68%(Pct Range) off of 174.64(Month Low) to 194.16(Month High).

In comparing the November/December closes for each of the last 34 years(Total Years), Scenario found that the April RBOB Gasoline(NYM) also closed higher in December than November in 19(Cond Years) of those years. Of those 19, RBJ went on to exceed the December high within the next 2 months in 19 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the RBJ should exceed 194.16(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 212.19(Average Objective).

May RBOB Gasoline(NYM)
The RBK0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 176.87(Prev Close), the market ended December at 188.06(Month Close), that being 69%(Pct Range) off of 174.85(Month Low) to 193.88(Month High).

In comparing the November/December closes for each of the last 34 years(Total Years), Scenario found that the May RBOB Gasoline(NYM) also closed higher in December than November in 18(Cond Years) of those years. Of those 18, RBK went on to exceed the December high within the next 2 months in 18 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the RBK should exceed 193.88(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 212.52(Average Objective).

June RBOB Gasoline(NYM)
The RBM0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 175.44(Prev Close), the market ended December at 186.71(Month Close), that being 71%(Pct Range) off of 173.66(Month Low) to 192.09(Month High).

In comparing the November/December closes for each of the last 34 years(Total Years), Scenario found that the June RBOB Gasoline(NYM) also closed higher in December than November in 19(Cond Years) of those years. Of those 19, RBM went on to exceed the December high within the next 2 months in 19 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the RBM should exceed 192.09(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 208.78(Average Objective).

May Natural Gas(NYM)
The NGK0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 2.148(Prev Close), the market ended December at 2.188(Month Close), that being 60%(Pct Range) off of 2.119(Month Low) to 2.234(Month High).

In comparing the November/December closes for each of the last 29 years(Total Years), Scenario found that the May Natural Gas(NYM) also closed higher in December than November in 11(Cond Years) of those years. Of those 11, NGK went on to exceed the December 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 NGK should exceed 2.234(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 2.543(Average Objective).

May Brent Crude Oil(ICE)
The CBK0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 58.95(Prev Close), the market ended December at 64.68(Month Close), that being 79%(Pct Range) off of 58.70(Month Low) to 66.26(Month High).

In comparing the November/December closes for each of the last 29 years(Total Years), Scenario found that the May Brent Crude Oil(ICE) also closed higher in December than November in 13(Cond Years) of those years. Of those 13, CBK went on to exceed the December 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 CBK should exceed 66.26(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 72.98(Average Objective).

June Brent Crude Oil(ICE)
The CBM0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 58.57(Prev Close), the market ended December at 64.08(Month Close), that being 79%(Pct Range) off of 58.34(Month Low) to 65.64(Month High).

In comparing the November/December closes for each of the last 29 years(Total Years), Scenario found that the June Brent Crude Oil(ICE) also closed higher in December than November in 13(Cond Years) of those years. Of those 13, CBM went on to exceed the December 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 CBM should exceed 65.64(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 71.66(Average Objective).

July Brent Crude Oil(ICE)
The CBN0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 58.19(Prev Close), the market ended December at 63.46(Month Close), that being 78%(Pct Range) off of 58.00(Month Low) to 65.01(Month High).

In comparing the November/December closes for each of the last 28 years(Total Years), Scenario found that the July Brent Crude Oil(ICE) also closed higher in December than November in 12(Cond Years) of those years. Of those 12, CBN went on to exceed the December high within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the CBN should exceed 65.01(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 70.84(Average Objective).

May Corn(CBOT)
The CK0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 385.75(Prev Close), the market ended December at 394.75(Month Close), that being 82%(Pct Range) off of 377.50(Month Low) to 398.50(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the May Corn(CBOT) also closed higher in December than November in 20(Cond Years) of those years. Of those 20, CK went on to exceed the December 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 CK should exceed 398.50(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 426.55(Average Objective).

April Live Cattle(CME)
The LCJ0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 126.380(Prev Close), the market ended December at 127.180(Month Close), that being 66%(Pct Range) off of 124.530(Month Low) to 128.550(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the April Live Cattle(CME) also closed higher in December than November in 27(Cond Years) of those years. Of those 27, LCJ went on to exceed the December high within the next 2 months in 24 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the LCJ should exceed 128.550(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 134.687(Average Objective).

June Live Cattle(CME)
The LCM0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 117.730(Prev Close), the market ended December at 118.900(Month Close), that being 77%(Pct Range) off of 116.050(Month Low) to 119.750(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the June Live Cattle(CME) also closed higher in December than November in 28(Cond Years) of those years. Of those 28, LCM went on to exceed the December high within the next 2 months in 27 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the LCM should exceed 119.750(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 27 years) a potential move toward 123.816(Average Objective).

March Feeder Cattle(CME)
The FCH0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 143.030(Prev Close), the market ended December at 144.235(Month Close), that being 58%(Pct Range) off of 140.550(Month Low) to 146.930(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the March Feeder Cattle(CME) also closed higher in December than November in 26(Cond Years) of those years. Of those 26, FCH went on to exceed the December 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 FCH should exceed 146.930(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 153.543(Average Objective).

April Feeder Cattle(CME)
The FCJ0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 144.985(Prev Close), the market ended December at 146.750(Month Close), that being 69%(Pct Range) off of 142.550(Month Low) to 148.680(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the April Feeder Cattle(CME) also closed higher in December than November in 27(Cond Years) of those years. Of those 27, FCJ went on to exceed the December high within the next 2 months in 24 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the FCJ should exceed 148.680(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 155.184(Average Objective).

June Lean Hogs(CME)
The HEM0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 85.600(Prev Close), the market ended December at 89.430(Month Close), that being 88%(Pct Range) off of 83.930(Month Low) to 90.180(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed higher in December than November in 21(Cond Years) of those years. Of those 21, HEM went on to exceed the December high within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the HEM should exceed 90.180(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 95.874(Average Objective).

March Orange Juice(ICE)
The JOH0(Mkt) ended Lower(Cond) for December(Month). Compared to November's 101.60(Prev Close), the market ended December at 99.75(Month Close), that being 27%(Pct Range) off of 97.90(Month Low) to 104.80(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the March Orange Juice(ICE) also closed lower in December than November in 32(Cond Years) of those years. Of those 32, JOH went on to penetrate the December low within the next 2 months in 27 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the JOH should penetrate 97.90(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 27 years) a potential move toward 87.66(Average Objective).

May Orange Juice(ICE)
The JOK0(Mkt) ended Lower(Cond) for December(Month). Compared to November's 104.35(Prev Close), the market ended December at 102.55(Month Close), that being 24%(Pct Range) off of 100.95(Month Low) to 107.60(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the May Orange Juice(ICE) also closed lower in December than November in 32(Cond Years) of those years. Of those 32, JOK went on to penetrate the December low within the next 2 months in 27 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the JOK should penetrate 100.95(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 27 years) a potential move toward 90.06(Average Objective).

March Lumber(CME)
The LBH0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 420.7(Prev Close), the market ended December at 426.2(Month Close), that being 77%(Pct Range) off of 397.7(Month Low) to 434.5(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the March Lumber(CME) also closed higher in December than November in 28(Cond Years) of those years. Of those 28, LBH went on to exceed the December high within the next 2 months in 24 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the LBH should exceed 434.5(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 480.2(Average Objective).

May Lumber(CME)
The LBK0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 413.6(Prev Close), the market ended December at 416.5(Month Close), that being 68%(Pct Range) off of 395.2(Month Low) to 426.7(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the May Lumber(CME) also closed higher in December than November in 28(Cond Years) of those years. Of those 28, LBK went on to exceed the December high within the next 2 months in 25 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the LBK should exceed 426.7(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 25 years) a potential move toward 460.6(Average Objective).

March Cotton(ICE)
The CTH0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 65.36(Prev Close), the market ended December at 69.05(Month Close), that being 88%(Pct Range) off of 64.02(Month Low) to 69.72(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the March Cotton(ICE) also closed higher in December than November in 30(Cond Years) of those years. Of those 30, CTH went on to exceed the December high within the next 2 months in 26 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the CTH should exceed 69.72(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 26 years) a potential move toward 75.88(Average Objective).

May Cotton(ICE)
The CTK0(Mkt) ended Higher(Cond) for December(Month). Compared to November's 66.39(Prev Close), the market ended December at 70.18(Month Close), that being 88%(Pct Range) off of 65.12(Month Low) to 70.84(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the May Cotton(ICE) also closed higher in December than November in 30(Cond Years) of those years. Of those 30, CTK went on to exceed the December high within the next 2 months in 26 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the CTK should exceed 70.84(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 26 years) a potential move toward 77.09(Average Objective).
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