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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 Nov 30, 2020
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 26502.00 30117.00 26691.00 29639.00 86% 45 33 29 88% 30117.00 31710.75 29639.00
#TRAN Higher Nov 11106.00 12773.00 11091.00 12450.00 81% 45 35 31 89% 12773.00 13773.56 12450.00
#OEX Higher Nov 196.93 359.90 196.07 348.05 93% 44 30 26 87% 359.90 392.97 348.05
#NQ Higher Nov 11052.75 12306.50 10957.00 12268.25 97% 35 23 22 96% 12306.50 13360.33 12268.25
#QR Higher Nov 1538.50 1805.20 1540.85 1785.35 92% 41 28 26 93% Yes 1920.04 1785.35
#VLE Higher Nov 6307.00 7627.00 6307.00 7459.00 87% 37 27 25 93% 7627.00 8062.76 7459.00
#SSNI Higher Nov 22977 26834 23097 26434 89% 45 28 24 86% 26834 28238 26434
#SP Higher Nov 3270.00 3644.25 3279.75 3621.75 94% 45 33 29 88% 3644.25 3836.60 3621.75
SPH1 Higher Nov 3254.75 3628.00 3290.75 3614.75 96% 38 27 24 89% 3628.00 3807.52 3614.75
NQH1 Higher Nov 11036.00 12398.00 10934.00 12271.75 91% 24 18 17 94% 12398.00 13352.47 12271.75
YMH1 Higher Nov 26296 30058 26084 29526 87% 23 18 16 89% 30058 31417 29526
TYH1 Higher Nov 137~265 138~300 136~265 138~055 64% 38 20 19 95% 138~300 142~115 138~055
BPH1 Higher Nov 129.69 134.11 128.65 133.56 90% 45 18 16 89% 134.11 138.75 133.56
CDH1 Higher Nov 75.13 77.41 74.84 77.19 91% 44 14 13 93% 77.41 78.76 77.19
EUH1 Higher Nov 116.81 120.36 116.40 119.80 86% 22 9 8 89% 120.36 125.71 119.80
PAH1 Higher Nov 2227.80 2529.70 2211.30 2405.90 61% 42 23 21 91% 2529.70 2939.61 2405.90
HGH1 Higher Nov 305.25 350.50 303.15 343.80 86% 45 23 20 87% 350.50 383.36 343.80
CLH1 Higher Nov 37.00 46.52 35.00 45.65 92% 37 18 16 89% 46.52 52.31 45.65
CLJ1 Higher Nov 37.40 46.53 35.53 45.74 93% 37 18 16 89% 46.53 51.98 45.74
CLK1 Higher Nov 37.76 46.53 36.00 45.78 93% 37 17 15 88% 46.53 52.11 45.78
RBJ1 Higher Nov 116.83 142.33 111.84 139.37 90% 35 19 16 84% 142.33 159.18 139.37
RBK1 Higher Nov 118.58 143.35 114.23 140.76 91% 35 19 16 84% 143.35 160.12 140.76
NGH1 Lower Nov 3.284 3.316 2.596 2.799 28% 30 21 18 86% 2.596 2.105 2.799
NGJ1 Lower Nov 3.017 3.052 2.527 2.701 33% 30 21 18 86% 2.527 2.110 2.701
NGK1 Lower Nov 2.975 3.011 2.542 2.698 33% 30 20 17 85% 2.542 2.169 2.698
CBH1 Higher Nov 38.85 49.00 36.83 47.95 91% 31 16 15 94% 49.00 53.70 47.95
CBJ1 Higher Nov 39.28 49.01 37.36 48.03 92% 31 16 15 94% 49.01 53.61 48.03
CBK1 Higher Nov 39.69 49.01 37.83 48.10 92% 30 15 13 87% 49.01 53.56 48.10
WH1 Lower Nov 600.00 628.75 584.25 585.00 2% 45 24 22 92% 584.25 538.13 585.00
WK1 Lower Nov 600.25 628.25 588.00 588.75 2% 45 26 24 92% 588.00 546.19 588.75
KWK1 Lower Nov 553.75 591.00 548.00 553.00 12% 44 26 22 85% 548.00 508.14 553.00
FCH1 Higher Nov 133.530 140.735 132.100 139.985 91% 45 24 21 88% 140.735 147.507 139.985
FCJ1 Higher Nov 135.050 141.680 133.800 141.080 92% 45 26 23 88% 141.680 148.207 141.080


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for November(Month). Compared to October's 26502.00(Prev Close), the market ended November at 29639.00(Month Close), that being 86%(Pct Range) off of 26691.00(Month Low) to 30117.00(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 33(Cond Years) of those years. Of those 33, the #DJ went on to exceed the November high within the next 2 months in 29 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the the #DJ should exceed 30117.00(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 29 years) a potential move toward 31710.75(Average Objective).

Dow Jones Transportation
The #TRAN(Mkt) ended Higher(Cond) for November(Month). Compared to October's 11106.00(Prev Close), the market ended November at 12450.00(Month Close), that being 81%(Pct Range) off of 11091.00(Month Low) to 12773.00(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 35(Cond Years) of those years. Of those 35, the #TRAN went on to exceed the November high within the next 2 months in 31 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the the #TRAN should exceed 12773.00(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 31 years) a potential move toward 13773.56(Average Objective).

S & P 100(OEX)
The #OEX(Mkt) ended Higher(Cond) for November(Month). Compared to October's 196.93(Prev Close), the market ended November at 348.05(Month Close), that being 93%(Pct Range) off of 196.07(Month Low) to 359.90(Month High).

In comparing the October/November closes for each of the last 44 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in November than October in 30(Cond Years) of those years. Of those 30, the #OEX went on to exceed the November 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 the #OEX should exceed 359.90(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 26 years) a potential move toward 392.97(Average Objective).

NASDAQ 100 Index
The #NQ(Mkt) ended Higher(Cond) for November(Month). Compared to October's 11052.75(Prev Close), the market ended November at 12268.25(Month Close), that being 97%(Pct Range) off of 10957.00(Month Low) to 12306.50(Month High).

In comparing the October/November closes for each of the last 35 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in November than October in 23(Cond Years) of those years. Of those 23, the #NQ 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 #NQ should exceed 12306.50(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 13360.33(Average Objective).

Russell 2000 Index
The #QR(Mkt) ended Higher(Cond) for November(Month). Compared to October's 1538.50(Prev Close), the market ended November at 1785.35(Month Close), that being 92%(Pct Range) off of 1540.85(Month Low) to 1805.20(Month High).

In comparing the October/November closes for each of the last 41 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in November than October in 28(Cond Years) of those years. Of those 28, the #QR went on to exceed the November high within the next 2 months in 26 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the the #QR should exceed 1805.20(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 26 years) a potential move toward 1920.04(Average Objective).

Value Line Index
The #VLE(Mkt) ended Higher(Cond) for November(Month). Compared to October's 6307.00(Prev Close), the market ended November at 7459.00(Month Close), that being 87%(Pct Range) off of 6307.00(Month Low) to 7627.00(Month High).

In comparing the October/November closes for each of the last 37 years(Total Years), Scenario found that the Value Line Index also closed higher in November than October in 27(Cond Years) of those years. Of those 27, the #VLE went on to exceed the November high within the next 2 months in 25 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the the #VLE should exceed 7627.00(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 25 years) a potential move toward 8062.76(Average Objective).

Nikkei 225 Index
The #SSNI(Mkt) ended Higher(Cond) for November(Month). Compared to October's 22977(Prev Close), the market ended November at 26434(Month Close), that being 89%(Pct Range) off of 23097(Month Low) to 26834(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in November than October in 28(Cond Years) of those years. Of those 28, the #SSNI went on to exceed the November 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 #SSNI should exceed 26834(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 28238(Average Objective).

S & P 500 Stock Index
The #SP(Mkt) ended Higher(Cond) for November(Month). Compared to October's 3270.00(Prev Close), the market ended November at 3621.75(Month Close), that being 94%(Pct Range) off of 3279.75(Month Low) to 3644.25(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 33(Cond Years) of those years. Of those 33, the #SP went on to exceed the November high within the next 2 months in 29 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the the #SP should exceed 3644.25(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 29 years) a potential move toward 3836.60(Average Objective).

March S & P 500(CME)
The SPH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 3254.75(Prev Close), the market ended November at 3614.75(Month Close), that being 96%(Pct Range) off of 3290.75(Month Low) to 3628.00(Month High).

In comparing the October/November closes for each of the last 38 years(Total Years), Scenario found that the March S & P 500(CME) also closed higher in November than October in 27(Cond Years) of those years. Of those 27, SPH went on to exceed the November 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 SPH should exceed 3628.00(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 3807.52(Average Objective).

March NASDAQ 100 E-Mini(CME)
The NQH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 11036.00(Prev Close), the market ended November at 12271.75(Month Close), that being 91%(Pct Range) off of 10934.00(Month Low) to 12398.00(Month High).

In comparing the October/November closes for each of the last 24 years(Total Years), Scenario found that the March NASDAQ 100 E-Mini(CME) also closed higher in November than October in 18(Cond Years) of those years. Of those 18, NQH went on to exceed the November 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 NQH should exceed 12398.00(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 13352.47(Average Objective).

March E-mini DJIA Index(CBOT)
The YMH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 26296(Prev Close), the market ended November at 29526(Month Close), that being 87%(Pct Range) off of 26084(Month Low) to 30058(Month High).

In comparing the October/November closes for each of the last 23 years(Total Years), Scenario found that the March E-mini DJIA Index(CBOT) also closed higher in November than October in 18(Cond Years) of those years. Of those 18, YMH went on to exceed the November 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 YMH should exceed 30058(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 31417(Average Objective).

March 10-Year T-Notes(CBOT)
The TYH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 137~265(Prev Close), the market ended November at 138~055(Month Close), that being 64%(Pct Range) off of 136~265(Month Low) to 138~300(Month High).

In comparing the October/November closes for each of the last 38 years(Total Years), Scenario found that the March 10-Year T-Notes(CBOT) also closed higher in November than October in 20(Cond Years) of those years. Of those 20, TYH went on to exceed the November 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 TYH should exceed 138~300(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 142~115(Average Objective).

March British Pound(CME)
The BPH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 129.69(Prev Close), the market ended November at 133.56(Month Close), that being 90%(Pct Range) off of 128.65(Month Low) to 134.11(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the March British Pound(CME) also closed higher in November than October in 18(Cond Years) of those years. Of those 18, BPH went on to exceed the November 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 BPH should exceed 134.11(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 138.75(Average Objective).

March Canadian Dollar(CME)
The CDH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 75.13(Prev Close), the market ended November at 77.19(Month Close), that being 91%(Pct Range) off of 74.84(Month Low) to 77.41(Month High).

In comparing the October/November closes for each of the last 44 years(Total Years), Scenario found that the March Canadian Dollar(CME) also closed higher in November than October in 14(Cond Years) of those years. Of those 14, CDH went on to exceed the November 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 CDH should exceed 77.41(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 78.76(Average Objective).

March EuroFX(CME)
The EUH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 116.81(Prev Close), the market ended November at 119.80(Month Close), that being 86%(Pct Range) off of 116.40(Month Low) to 120.36(Month High).

In comparing the October/November closes for each of the last 22 years(Total Years), Scenario found that the March EuroFX(CME) also closed higher in November than October in 9(Cond Years) of those years. Of those 9, EUH went on to exceed the November high within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the EUH should exceed 120.36(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 125.71(Average Objective).

March Palladium(NYMEX)
The PAH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 2227.80(Prev Close), the market ended November at 2405.90(Month Close), that being 61%(Pct Range) off of 2211.30(Month Low) to 2529.70(Month High).

In comparing the October/November closes for each of the last 42 years(Total Years), Scenario found that the March Palladium(NYMEX) also closed higher in November than October in 23(Cond Years) of those years. Of those 23, PAH went on to exceed the November high within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the PAH should exceed 2529.70(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 2939.61(Average Objective).

March Copper(CMX)
The HGH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 305.25(Prev Close), the market ended November at 343.80(Month Close), that being 86%(Pct Range) off of 303.15(Month Low) to 350.50(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 23(Cond Years) of those years. Of those 23, HGH went on to exceed the November high within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the HGH should exceed 350.50(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 383.36(Average Objective).

March Crude Oil(NYM)
The CLH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 37.00(Prev Close), the market ended November at 45.65(Month Close), that being 92%(Pct Range) off of 35.00(Month Low) to 46.52(Month High).

In comparing the October/November closes for each of the last 37 years(Total Years), Scenario found that the March Crude Oil(NYM) also closed higher in November than October in 18(Cond Years) of those years. Of those 18, CLH went on to exceed the November 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 CLH should exceed 46.52(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 52.31(Average Objective).

April Crude Oil(NYM)
The CLJ1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 37.40(Prev Close), the market ended November at 45.74(Month Close), that being 93%(Pct Range) off of 35.53(Month Low) to 46.53(Month High).

In comparing the October/November closes for each of the last 37 years(Total Years), Scenario found that the April Crude Oil(NYM) also closed higher in November than October in 18(Cond Years) of those years. Of those 18, CLJ went on to exceed the November 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 CLJ should exceed 46.53(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 51.98(Average Objective).

May Crude Oil(NYM)
The CLK1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 37.76(Prev Close), the market ended November at 45.78(Month Close), that being 93%(Pct Range) off of 36.00(Month Low) to 46.53(Month High).

In comparing the October/November closes for each of the last 37 years(Total Years), Scenario found that the May Crude Oil(NYM) also closed higher in November than October in 17(Cond Years) of those years. Of those 17, CLK went on to exceed the November high within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CLK should exceed 46.53(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 52.11(Average Objective).

April RBOB Gasoline(NYM)
The RBJ1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 116.83(Prev Close), the market ended November at 139.37(Month Close), that being 90%(Pct Range) off of 111.84(Month Low) to 142.33(Month High).

In comparing the October/November closes for each of the last 35 years(Total Years), Scenario found that the April RBOB Gasoline(NYM) also closed higher in November than October in 19(Cond Years) of those years. Of those 19, RBJ went on to exceed the November 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 RBJ should exceed 142.33(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 159.18(Average Objective).

May RBOB Gasoline(NYM)
The RBK1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 118.58(Prev Close), the market ended November at 140.76(Month Close), that being 91%(Pct Range) off of 114.23(Month Low) to 143.35(Month High).

In comparing the October/November closes for each of the last 35 years(Total Years), Scenario found that the May RBOB Gasoline(NYM) also closed higher in November than October in 19(Cond Years) of those years. Of those 19, RBK went on to exceed the November 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 RBK should exceed 143.35(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 160.12(Average Objective).

March Natural Gas(NYM)
The NGH1(Mkt) ended Lower(Cond) for November(Month). Compared to October's 3.284(Prev Close), the market ended November at 2.799(Month Close), that being 28%(Pct Range) off of 2.596(Month Low) to 3.316(Month High).

In comparing the October/November closes for each of the last 30 years(Total Years), Scenario found that the March Natural Gas(NYM) also closed lower in November than October in 21(Cond Years) of those years. Of those 21, NGH 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 NGH should penetrate 2.596(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 2.105(Average Objective).

April Natural Gas(NYM)
The NGJ1(Mkt) ended Lower(Cond) for November(Month). Compared to October's 3.017(Prev Close), the market ended November at 2.701(Month Close), that being 33%(Pct Range) off of 2.527(Month Low) to 3.052(Month High).

In comparing the October/November closes for each of the last 30 years(Total Years), Scenario found that the April Natural Gas(NYM) also closed lower in November than October in 21(Cond Years) of those years. Of those 21, NGJ 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 NGJ should penetrate 2.527(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 2.110(Average Objective).

May Natural Gas(NYM)
The NGK1(Mkt) ended Lower(Cond) for November(Month). Compared to October's 2.975(Prev Close), the market ended November at 2.698(Month Close), that being 33%(Pct Range) off of 2.542(Month Low) to 3.011(Month High).

In comparing the October/November closes for each of the last 30 years(Total Years), Scenario found that the May Natural Gas(NYM) also closed lower in November than October in 20(Cond Years) of those years. Of those 20, NGK went on to penetrate the November low within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the NGK should penetrate 2.542(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 2.169(Average Objective).

March Brent Crude Oil(ICE)
The CBH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 38.85(Prev Close), the market ended November at 47.95(Month Close), that being 91%(Pct Range) off of 36.83(Month Low) to 49.00(Month High).

In comparing the October/November closes for each of the last 31 years(Total Years), Scenario found that the March Brent Crude Oil(ICE) also closed higher in November than October in 16(Cond Years) of those years. Of those 16, CBH went on to exceed the November 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 CBH should exceed 49.00(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 53.70(Average Objective).

April Brent Crude Oil(ICE)
The CBJ1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 39.28(Prev Close), the market ended November at 48.03(Month Close), that being 92%(Pct Range) off of 37.36(Month Low) to 49.01(Month High).

In comparing the October/November closes for each of the last 31 years(Total Years), Scenario found that the April Brent Crude Oil(ICE) also closed higher in November than October in 16(Cond Years) of those years. Of those 16, CBJ went on to exceed the November 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 CBJ should exceed 49.01(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 53.61(Average Objective).

May Brent Crude Oil(ICE)
The CBK1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 39.69(Prev Close), the market ended November at 48.10(Month Close), that being 92%(Pct Range) off of 37.83(Month Low) to 49.01(Month High).

In comparing the October/November closes for each of the last 30 years(Total Years), Scenario found that the May Brent Crude Oil(ICE) also closed higher in November than October in 15(Cond Years) of those years. Of those 15, CBK 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 CBK should exceed 49.01(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 53.56(Average Objective).

March Wheat(CBOT)
The WH1(Mkt) ended Lower(Cond) for November(Month). Compared to October's 600.00(Prev Close), the market ended November at 585.00(Month Close), that being 2%(Pct Range) off of 584.25(Month Low) to 628.75(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 24(Cond Years) of those years. Of those 24, WH went on to penetrate the November 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 WH should penetrate 584.25(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 538.13(Average Objective).

May Wheat(CBOT)
The WK1(Mkt) ended Lower(Cond) for November(Month). Compared to October's 600.25(Prev Close), the market ended November at 588.75(Month Close), that being 2%(Pct Range) off of 588.00(Month Low) to 628.25(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 26(Cond Years) of those years. Of those 26, WK went on to penetrate the November low within the next 2 months in 24 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the WK should penetrate 588.00(Scenario Objective) by no later than the end of February. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 546.19(Average Objective).

May Wheat(KCBT)
The KWK1(Mkt) ended Lower(Cond) for November(Month). Compared to October's 553.75(Prev Close), the market ended November at 553.00(Month Close), that being 12%(Pct Range) off of 548.00(Month Low) to 591.00(Month High).

In comparing the October/November closes for each of the last 44 years(Total Years), Scenario found that the May Wheat(KCBT) also closed lower in November than October in 26(Cond Years) of those years. Of those 26, KWK 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 KWK should penetrate 548.00(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 508.14(Average Objective).

March Feeder Cattle(CME)
The FCH1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 133.530(Prev Close), the market ended November at 139.985(Month Close), that being 91%(Pct Range) off of 132.100(Month Low) to 140.735(Month High).

In comparing the October/November closes for each of the last 45 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 140.735(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 147.507(Average Objective).

April Feeder Cattle(CME)
The FCJ1(Mkt) ended Higher(Cond) for November(Month). Compared to October's 135.050(Prev Close), the market ended November at 141.080(Month Close), that being 92%(Pct Range) off of 133.800(Month Low) to 141.680(Month High).

In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the April Feeder Cattle(CME) also closed higher in November than October in 26(Cond Years) of those years. Of those 26, FCJ 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 FCJ should exceed 141.680(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 148.207(Average Objective).
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