Moore Research Center, Inc.

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

MRCI's Scenario Summary

MRCI Logo
MRCI's ScenarioSM Summary

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.
ScenarioSM Summary Dec 31, 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 Dec 29639.00 30622.00 29599.00 30606.00 98% 45 31 28 90% 30622.00 32384.70 30606.00
#TRAN Higher Dec 12450.00 12918.00 12310.00 12507.00 32% 45 32 30 94% 12918.00 13993.83 12507.00
#OEX Higher Dec 348.05 414.42 353.49 409.78 92% 44 29 25 86% 414.42 444.55 409.78
#NQ Higher Dec 12268.25 12925.50 12226.00 12888.25 95% 35 18 17 94% 12925.50 14032.21 12888.25
#QR Higher Dec 1819.80 2013.95 1817.00 2003.95 95% 41 31 30 97% Yes 2150.43 2003.95
#VLE Higher Dec 7459.00 7960.00 7459.00 7913.00 91% 37 31 30 97% 7960.00 8460.19 7913.00
#SSNI Higher Dec 26434 27603 26327 27444 88% 45 32 29 91% Yes 29177 27444
#SP Higher Dec 3621.75 3758.50 3633.50 3756.00 98% 45 33 31 94% 3758.50 3957.66 3756.00
SPH1 Higher Dec 3614.75 3748.75 3596.75 3748.75 100% 38 28 28 100% 3748.75 3943.58 3748.75
NQH1 Higher Dec 12271.75 12918.25 12216.75 12885.50 95% 24 11 10 91% 12918.25 13972.47 12885.50
YMH1 Higher Dec 29526 30526 29318 30497 98% 23 17 15 88% 30526 31920 30497
FVH1 Higher Dec 126~010 126~060 125~204 126~052 96% 32 16 14 88% 126~060 128~075 126~052
EDH1 Higher Dec 99.790 99.835 99.785 99.830 90% 38 20 18 90% 99.835 100.163 99.830
GCG1 Higher Dec 1780.9 1912.0 1778.4 1895.1 87% 45 22 19 86% 1912.0 2070.9 1895.1
SIH1 Higher Dec 2259.3 2763.5 2266.5 2641.2 75% 45 22 20 91% 2763.5 3145.0 2641.2
PLJ1 Higher Dec 970.5 1096.5 932.3 1079.2 89% 45 20 19 95% 1096.5 1247.8 1079.2
PAH1 Higher Dec 2405.90 2476.50 2228.00 2453.80 91% 43 26 23 88% 2476.50 3024.47 2453.80
HGH1 Higher Dec 343.80 364.55 343.90 351.90 39% 45 26 23 88% 364.55 392.02 351.90
CLJ1 Higher Dec 45.74 49.56 44.41 48.69 83% 37 18 18 100% 49.56 54.12 48.69
CLK1 Higher Dec 45.78 49.56 44.49 48.69 83% 37 17 17 100% 49.56 53.94 48.69
CLM1 Higher Dec 45.77 49.49 44.51 48.63 83% 37 17 17 100% 49.49 53.69 48.63
HOJ1 Higher Dec 138.95 151.74 135.55 148.51 80% 41 21 20 95% 151.74 163.30 148.51
HOK1 Higher Dec 139.41 151.60 136.91 148.60 80% 41 19 17 89% 151.60 163.70 148.60
HOM1 Higher Dec 139.99 151.86 136.81 149.05 81% 41 20 17 85% 151.86 163.47 149.05
RBJ1 Higher Dec 139.37 153.02 136.16 152.83 99% 35 20 20 100% 153.02 167.39 152.83
RBK1 Higher Dec 140.76 153.83 138.42 153.56 98% 35 19 19 100% 153.83 168.71 153.56
RBM1 Higher Dec 140.98 153.74 137.87 153.40 98% 35 20 20 100% 153.74 167.20 153.40
NGM1 Lower Dec 2.736 2.804 2.411 2.611 51% 30 17 15 88% 2.411 2.172 2.611
CBJ1 Higher Dec 48.03 52.44 46.84 51.82 89% 31 16 15 94% 52.44 57.69 51.82
CBK1 Higher Dec 48.10 52.40 46.89 51.78 89% 30 14 13 93% 52.40 57.70 51.78
CBM1 Higher Dec 48.14 52.34 46.92 51.66 87% 30 14 13 93% 52.34 57.15 51.66
CH1 Higher Dec 426.00 485.75 414.50 484.00 98% 45 19 16 84% 485.75 516.66 484.00
CK1 Higher Dec 429.00 484.75 418.00 483.25 98% 45 21 18 86% 484.75 517.36 483.25
LCJ1 Higher Dec 116.400 119.900 114.650 119.250 88% 45 28 24 86% 119.900 125.655 119.250
LCM1 Higher Dec 111.530 115.150 109.885 114.700 91% 45 29 28 97% 115.150 118.963 114.700
FCH1 Higher Dec 139.985 143.700 137.250 140.235 46% 45 27 24 89% 143.700 149.998 140.235
FCJ1 Higher Dec 141.080 145.135 138.780 141.780 47% 45 28 25 89% 145.135 151.301 141.780
HEK1 Higher Dec 75.950 77.080 72.750 76.730 92% 19 7 6 86% 77.080 79.981 76.730
HEM1 Higher Dec 81.480 83.130 78.600 82.830 93% 45 22 20 91% 83.130 88.404 82.830
JOH1 Lower Dec 129.00 129.05 116.30 125.50 72% 45 32 27 84% 116.30 103.70 125.50
JOK1 Lower Dec 128.65 128.00 118.40 126.00 79% 45 32 27 84% 118.40 105.19 126.00
LBH1 Higher Dec 596.8 806.8 597.3 716.9 57% 45 28 24 86% 806.8 883.0 716.9
LBK1 Higher Dec 563.4 727.9 563.7 642.5 48% 45 28 25 89% 727.9 780.3 642.5
CTH1 Higher Dec 72.15 78.39 71.07 78.12 96% 45 31 27 87% 78.39 85.22 78.12
CTK1 Higher Dec 73.05 78.95 71.97 78.70 96% 45 31 27 87% 78.95 85.81 78.70
SBN1 Higher Dec 13.31 14.25 13.23 14.19 94% 45 24 21 88% 14.25 15.69 14.19
RRH1 Lower Dec 12.73 12.81 12.30 12.69 77% 34 20 17 85% 12.30 11.18 12.69


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for December(Month). Compared to November's 29639.00(Prev Close), the market ended December at 30606.00(Month Close), that being 98%(Pct Range) off of 29599.00(Month Low) to 30622.00(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 31(Cond Years) of those years. Of those 31, the #DJ 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 #DJ should exceed 30622.00(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 32384.70(Average Objective).

Dow Jones Transportation
The #TRAN(Mkt) ended Higher(Cond) for December(Month). Compared to November's 12450.00(Prev Close), the market ended December at 12507.00(Month Close), that being 32%(Pct Range) off of 12310.00(Month Low) to 12918.00(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 32(Cond Years) of those years. Of those 32, the #TRAN 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 #TRAN should exceed 12918.00(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 13993.83(Average Objective).

S & P 100(OEX)
The #OEX(Mkt) ended Higher(Cond) for December(Month). Compared to November's 348.05(Prev Close), the market ended December at 409.78(Month Close), that being 92%(Pct Range) off of 353.49(Month Low) to 414.42(Month High).

In comparing the November/December closes for each of the last 44 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in December than November in 29(Cond Years) of those years. Of those 29, the #OEX went on to exceed the December high within the next 2 months in 25 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the the #OEX should exceed 414.42(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 444.55(Average Objective).

NASDAQ 100 Index
The #NQ(Mkt) ended Higher(Cond) for December(Month). Compared to November's 12268.25(Prev Close), the market ended December at 12888.25(Month Close), that being 95%(Pct Range) off of 12226.00(Month Low) to 12925.50(Month High).

In comparing the November/December closes for each of the last 35 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in December than November in 18(Cond Years) of those years. Of those 18, the #NQ went on to exceed the December 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 the #NQ should exceed 12925.50(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 14032.21(Average Objective).

Russell 2000 Index
The #QR(Mkt) ended Higher(Cond) for December(Month). Compared to November's 1819.80(Prev Close), the market ended December at 2003.95(Month Close), that being 95%(Pct Range) off of 1817.00(Month Low) to 2013.95(Month High).

In comparing the November/December closes for each of the last 41 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in December than November in 31(Cond Years) of those years. Of those 31, the #QR went on to exceed the December high within the next 2 months in 30 years(Action Years) or 97%(Pct) of the time.

Therefore, the historical odds are high that the the #QR should exceed 2013.95(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 2150.43(Average Objective).

Value Line Index
The #VLE(Mkt) ended Higher(Cond) for December(Month). Compared to November's 7459.00(Prev Close), the market ended December at 7913.00(Month Close), that being 91%(Pct Range) off of 7459.00(Month Low) to 7960.00(Month High).

In comparing the November/December closes for each of the last 37 years(Total Years), Scenario found that the Value Line Index also closed higher in December than November in 31(Cond Years) of those years. Of those 31, the #VLE went on to exceed the December high within the next 2 months in 30 years(Action Years) or 97%(Pct) of the time.

Therefore, the historical odds are high that the the #VLE should exceed 7960.00(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 8460.19(Average Objective).

Nikkei 225 Index
The #SSNI(Mkt) ended Higher(Cond) for December(Month). Compared to November's 26434(Prev Close), the market ended December at 27444(Month Close), that being 88%(Pct Range) off of 26327(Month Low) to 27603(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 32(Cond Years) of those years. Of those 32, the #SSNI went on to exceed the December high within the next 2 months in 29 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the the #SSNI should exceed 27603(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 29177(Average Objective).

S & P 500 Stock Index
The #SP(Mkt) ended Higher(Cond) for December(Month). Compared to November's 3621.75(Prev Close), the market ended December at 3756.00(Month Close), that being 98%(Pct Range) off of 3633.50(Month Low) to 3758.50(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 33(Cond Years) of those years. Of those 33, the #SP went on to exceed the December high within the next 2 months in 31 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the the #SP should exceed 3758.50(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 31 years) a potential move toward 3957.66(Average Objective).

March S & P 500(CME)
The SPH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 3614.75(Prev Close), the market ended December at 3748.75(Month Close), that being 100%(Pct Range) off of 3596.75(Month Low) to 3748.75(Month High).

In comparing the November/December closes for each of the last 38 years(Total Years), Scenario found that the March S & P 500(CME) also closed higher in December than November in 28(Cond Years) of those years. Of those 28, SPH went on to exceed the December high within the next 2 months in 28 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the SPH should exceed 3748.75(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 3943.58(Average Objective).

March NASDAQ 100 E-Mini(CME)
The NQH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 12271.75(Prev Close), the market ended December at 12885.50(Month Close), that being 95%(Pct Range) off of 12216.75(Month Low) to 12918.25(Month High).

In comparing the November/December closes for each of the last 24 years(Total Years), Scenario found that the March NASDAQ 100 E-Mini(CME) also closed higher in December than November in 11(Cond Years) of those years. Of those 11, NQH 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 NQH should exceed 12918.25(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 13972.47(Average Objective).

March E-mini DJIA Index(CBOT)
The YMH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 29526(Prev Close), the market ended December at 30497(Month Close), that being 98%(Pct Range) off of 29318(Month Low) to 30526(Month High).

In comparing the November/December closes for each of the last 23 years(Total Years), Scenario found that the March E-mini DJIA Index(CBOT) also closed higher in December than November in 17(Cond Years) of those years. Of those 17, YMH went on to exceed the December 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 YMH should exceed 30526(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 31920(Average Objective).

March 5-Year T-Notes(CBOT)
The FVH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 126~010(Prev Close), the market ended December at 126~052(Month Close), that being 96%(Pct Range) off of 125~204(Month Low) to 126~060(Month High).

In comparing the November/December closes for each of the last 32 years(Total Years), Scenario found that the March 5-Year T-Notes(CBOT) also closed higher in December than November in 16(Cond Years) of those years. Of those 16, FVH 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 FVH should exceed 126~060(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 128~075(Average Objective).

March Eurodollars(CME)
The EDH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 99.790(Prev Close), the market ended December at 99.830(Month Close), that being 90%(Pct Range) off of 99.785(Month Low) to 99.835(Month High).

In comparing the November/December closes for each of the last 38 years(Total Years), Scenario found that the March Eurodollars(CME) also closed higher in December than November in 20(Cond Years) of those years. Of those 20, EDH went on to exceed the December high within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the EDH should exceed 99.835(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 100.163(Average Objective).

February Gold(CMX)
The GCG1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 1780.9(Prev Close), the market ended December at 1895.1(Month Close), that being 87%(Pct Range) off of 1778.4(Month Low) to 1912.0(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the February Gold(CMX) also closed higher in December than November in 22(Cond Years) of those years. Of those 22, GCG 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 GCG should exceed 1912.0(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 2070.9(Average Objective).

March Silver(CMX)
The SIH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 2259.3(Prev Close), the market ended December at 2641.2(Month Close), that being 75%(Pct Range) off of 2266.5(Month Low) to 2763.5(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 22(Cond Years) of those years. Of those 22, SIH went on to exceed the December high within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the SIH should exceed 2763.5(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 3145.0(Average Objective).

April Platinum(NYMEX)
The PLJ1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 970.5(Prev Close), the market ended December at 1079.2(Month Close), that being 89%(Pct Range) off of 932.3(Month Low) to 1096.5(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 20(Cond Years) of those years. Of those 20, PLJ 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 PLJ should exceed 1096.5(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 1247.8(Average Objective).

March Palladium(NYMEX)
The PAH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 2405.90(Prev Close), the market ended December at 2453.80(Month Close), that being 91%(Pct Range) off of 2228.00(Month Low) to 2476.50(Month High).

In comparing the November/December closes for each of the last 43 years(Total Years), Scenario found that the March Palladium(NYMEX) also closed higher in December than November in 26(Cond Years) of those years. Of those 26, PAH 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 PAH should exceed 2476.50(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 3024.47(Average Objective).

March Copper(CMX)
The HGH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 343.80(Prev Close), the market ended December at 351.90(Month Close), that being 39%(Pct Range) off of 343.90(Month Low) to 364.55(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 26(Cond Years) of those years. Of those 26, HGH 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 HGH should exceed 364.55(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 392.02(Average Objective).

April Crude Oil(NYM)
The CLJ1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 45.74(Prev Close), the market ended December at 48.69(Month Close), that being 83%(Pct Range) off of 44.41(Month Low) to 49.56(Month High).

In comparing the November/December closes for each of the last 37 years(Total Years), Scenario found that the April Crude Oil(NYM) also closed higher in December than November in 18(Cond Years) of those years. Of those 18, CLJ 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 CLJ should exceed 49.56(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 54.12(Average Objective).

May Crude Oil(NYM)
The CLK1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 45.78(Prev Close), the market ended December at 48.69(Month Close), that being 83%(Pct Range) off of 44.49(Month Low) to 49.56(Month High).

In comparing the November/December closes for each of the last 37 years(Total Years), Scenario found that the May Crude Oil(NYM) also closed higher in December than November in 17(Cond Years) of those years. Of those 17, CLK 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 CLK should exceed 49.56(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 53.94(Average Objective).

June Crude Oil(NYM)
The CLM1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 45.77(Prev Close), the market ended December at 48.63(Month Close), that being 83%(Pct Range) off of 44.51(Month Low) to 49.49(Month High).

In comparing the November/December closes for each of the last 37 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed higher in December than November in 17(Cond Years) of those years. Of those 17, CLM 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 CLM should exceed 49.49(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 53.69(Average Objective).

April NY Harbor ULSD(NYM)
The HOJ1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 138.95(Prev Close), the market ended December at 148.51(Month Close), that being 80%(Pct Range) off of 135.55(Month Low) to 151.74(Month High).

In comparing the November/December closes for each of the last 41 years(Total Years), Scenario found that the April NY Harbor ULSD(NYM) also closed higher in December than November in 21(Cond Years) of those years. Of those 21, HOJ 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 HOJ should exceed 151.74(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 163.30(Average Objective).

May NY Harbor ULSD(NYM)
The HOK1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 139.41(Prev Close), the market ended December at 148.60(Month Close), that being 80%(Pct Range) off of 136.91(Month Low) to 151.60(Month High).

In comparing the November/December closes for each of the last 41 years(Total Years), Scenario found that the May NY Harbor ULSD(NYM) also closed higher in December than November in 19(Cond Years) of those years. Of those 19, HOK went on to exceed the December 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 HOK should exceed 151.60(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 163.70(Average Objective).

June NY Harbor ULSD(NYM)
The HOM1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 139.99(Prev Close), the market ended December at 149.05(Month Close), that being 81%(Pct Range) off of 136.81(Month Low) to 151.86(Month High).

In comparing the November/December closes for each of the last 41 years(Total Years), Scenario found that the June NY Harbor ULSD(NYM) also closed higher in December than November in 20(Cond Years) of those years. Of those 20, HOM 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 HOM should exceed 151.86(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 163.47(Average Objective).

April RBOB Gasoline(NYM)
The RBJ1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 139.37(Prev Close), the market ended December at 152.83(Month Close), that being 99%(Pct Range) off of 136.16(Month Low) to 153.02(Month High).

In comparing the November/December closes for each of the last 35 years(Total Years), Scenario found that the April RBOB Gasoline(NYM) also closed higher in December than November in 20(Cond Years) of those years. Of those 20, RBJ went on to exceed the December high within the next 2 months in 20 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the RBJ should exceed 153.02(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 167.39(Average Objective).

May RBOB Gasoline(NYM)
The RBK1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 140.76(Prev Close), the market ended December at 153.56(Month Close), that being 98%(Pct Range) off of 138.42(Month Low) to 153.83(Month High).

In comparing the November/December closes for each of the last 35 years(Total Years), Scenario found that the May RBOB Gasoline(NYM) also closed higher in December than November in 19(Cond Years) of those years. Of those 19, RBK 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 RBK should exceed 153.83(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 168.71(Average Objective).

June RBOB Gasoline(NYM)
The RBM1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 140.98(Prev Close), the market ended December at 153.40(Month Close), that being 98%(Pct Range) off of 137.87(Month Low) to 153.74(Month High).

In comparing the November/December closes for each of the last 35 years(Total Years), Scenario found that the June RBOB Gasoline(NYM) also closed higher in December than November in 20(Cond Years) of those years. Of those 20, RBM went on to exceed the December high within the next 2 months in 20 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the RBM should exceed 153.74(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 167.20(Average Objective).

June Natural Gas(NYM)
The NGM1(Mkt) ended Lower(Cond) for December(Month). Compared to November's 2.736(Prev Close), the market ended December at 2.611(Month Close), that being 51%(Pct Range) off of 2.411(Month Low) to 2.804(Month High).

In comparing the November/December closes for each of the last 30 years(Total Years), Scenario found that the June Natural Gas(NYM) also closed lower in December than November in 17(Cond Years) of those years. Of those 17, NGM went on to penetrate the December 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 NGM should penetrate 2.411(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 2.172(Average Objective).

April Brent Crude Oil(ICE)
The CBJ1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 48.03(Prev Close), the market ended December at 51.82(Month Close), that being 89%(Pct Range) off of 46.84(Month Low) to 52.44(Month High).

In comparing the November/December closes for each of the last 31 years(Total Years), Scenario found that the April Brent Crude Oil(ICE) also closed higher in December than November in 16(Cond Years) of those years. Of those 16, CBJ went on to exceed the December 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 52.44(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 57.69(Average Objective).

May Brent Crude Oil(ICE)
The CBK1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 48.10(Prev Close), the market ended December at 51.78(Month Close), that being 89%(Pct Range) off of 46.89(Month Low) to 52.40(Month High).

In comparing the November/December closes for each of the last 30 years(Total Years), Scenario found that the May Brent Crude Oil(ICE) also closed higher in December than November in 14(Cond Years) of those years. Of those 14, CBK went on to exceed the December 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 CBK should exceed 52.40(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 57.70(Average Objective).

June Brent Crude Oil(ICE)
The CBM1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 48.14(Prev Close), the market ended December at 51.66(Month Close), that being 87%(Pct Range) off of 46.92(Month Low) to 52.34(Month High).

In comparing the November/December closes for each of the last 30 years(Total Years), Scenario found that the June Brent Crude Oil(ICE) also closed higher in December than November in 14(Cond Years) of those years. Of those 14, CBM went on to exceed the December 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 CBM should exceed 52.34(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 57.15(Average Objective).

March Corn(CBOT)
The CH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 426.00(Prev Close), the market ended December at 484.00(Month Close), that being 98%(Pct Range) off of 414.50(Month Low) to 485.75(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the March Corn(CBOT) also closed higher in December than November in 19(Cond Years) of those years. Of those 19, CH 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 CH should exceed 485.75(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 516.66(Average Objective).

May Corn(CBOT)
The CK1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 429.00(Prev Close), the market ended December at 483.25(Month Close), that being 98%(Pct Range) off of 418.00(Month Low) to 484.75(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 21(Cond Years) of those years. Of those 21, CK 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 CK should exceed 484.75(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 517.36(Average Objective).

April Live Cattle(CME)
The LCJ1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 116.400(Prev Close), the market ended December at 119.250(Month Close), that being 88%(Pct Range) off of 114.650(Month Low) to 119.900(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 28(Cond Years) of those years. Of those 28, LCJ 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 LCJ should exceed 119.900(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 125.655(Average Objective).

June Live Cattle(CME)
The LCM1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 111.530(Prev Close), the market ended December at 114.700(Month Close), that being 91%(Pct Range) off of 109.885(Month Low) to 115.150(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 29(Cond Years) of those years. Of those 29, LCM went on to exceed the December high within the next 2 months in 28 years(Action Years) or 97%(Pct) of the time.

Therefore, the historical odds are high that the LCM should exceed 115.150(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 118.963(Average Objective).

March Feeder Cattle(CME)
The FCH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 139.985(Prev Close), the market ended December at 140.235(Month Close), that being 46%(Pct Range) off of 137.250(Month Low) to 143.700(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 27(Cond Years) of those years. Of those 27, FCH 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 FCH should exceed 143.700(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 149.998(Average Objective).

April Feeder Cattle(CME)
The FCJ1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 141.080(Prev Close), the market ended December at 141.780(Month Close), that being 47%(Pct Range) off of 138.780(Month Low) to 145.135(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 28(Cond Years) of those years. Of those 28, FCJ 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 FCJ should exceed 145.135(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 151.301(Average Objective).

May Lean Hogs(CME)
The HEK1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 75.950(Prev Close), the market ended December at 76.730(Month Close), that being 92%(Pct Range) off of 72.750(Month Low) to 77.080(Month High).

In comparing the November/December closes for each of the last 19 years(Total Years), Scenario found that the May Lean Hogs(CME) also closed higher in December than November in 7(Cond Years) of those years. Of those 7, HEK went on to exceed the December high within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the HEK should exceed 77.080(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 79.981(Average Objective).

June Lean Hogs(CME)
The HEM1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 81.480(Prev Close), the market ended December at 82.830(Month Close), that being 93%(Pct Range) off of 78.600(Month Low) to 83.130(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 22(Cond Years) of those years. Of those 22, HEM went on to exceed the December high within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the HEM should exceed 83.130(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 88.404(Average Objective).

March Orange Juice(ICE)
The JOH1(Mkt) ended Lower(Cond) for December(Month). Compared to November's 129.00(Prev Close), the market ended December at 125.50(Month Close), that being 72%(Pct Range) off of 116.30(Month Low) to 129.05(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 116.30(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 103.70(Average Objective).

May Orange Juice(ICE)
The JOK1(Mkt) ended Lower(Cond) for December(Month). Compared to November's 128.65(Prev Close), the market ended December at 126.00(Month Close), that being 79%(Pct Range) off of 118.40(Month Low) to 128.00(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 118.40(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 105.19(Average Objective).

March Lumber(CME)
The LBH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 596.8(Prev Close), the market ended December at 716.9(Month Close), that being 57%(Pct Range) off of 597.3(Month Low) to 806.8(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 806.8(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 883.0(Average Objective).

May Lumber(CME)
The LBK1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 563.4(Prev Close), the market ended December at 642.5(Month Close), that being 48%(Pct Range) off of 563.7(Month Low) to 727.9(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 727.9(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 780.3(Average Objective).

March Cotton(ICE)
The CTH1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 72.15(Prev Close), the market ended December at 78.12(Month Close), that being 96%(Pct Range) off of 71.07(Month Low) to 78.39(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 31(Cond Years) of those years. Of those 31, CTH went on to exceed the December high within the next 2 months in 27 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the CTH should exceed 78.39(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 85.22(Average Objective).

May Cotton(ICE)
The CTK1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 73.05(Prev Close), the market ended December at 78.70(Month Close), that being 96%(Pct Range) off of 71.97(Month Low) to 78.95(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 31(Cond Years) of those years. Of those 31, CTK went on to exceed the December high within the next 2 months in 27 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the CTK should exceed 78.95(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 85.81(Average Objective).

July Sugar #11(ICE)
The SBN1(Mkt) ended Higher(Cond) for December(Month). Compared to November's 13.31(Prev Close), the market ended December at 14.19(Month Close), that being 94%(Pct Range) off of 13.23(Month Low) to 14.25(Month High).

In comparing the November/December closes for each of the last 45 years(Total Years), Scenario found that the July Sugar #11(ICE) also closed higher in December than November in 24(Cond Years) of those years. Of those 24, SBN went on to exceed the December 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 SBN should exceed 14.25(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 15.69(Average Objective).

March Rough Rice(CBOT)
The RRH1(Mkt) ended Lower(Cond) for December(Month). Compared to November's 12.73(Prev Close), the market ended December at 12.69(Month Close), that being 77%(Pct Range) off of 12.30(Month Low) to 12.81(Month High).

In comparing the November/December closes for each of the last 34 years(Total Years), Scenario found that the March Rough Rice(CBOT) also closed lower in December than November in 20(Cond Years) of those years. Of those 20, RRH went on to penetrate the December 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 RRH should penetrate 12.30(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 11.18(Average Objective).
Banner

Login

Newsflash

The world will still run for decades on fossil-fuel energy --- crude oil, gasoline, heating oil, natural gas.  Buy 'em?  Sell 'em?  When?  Just since 2008, crude oil traded at $147/barrel, collapsed to -$40.32/barrel in 2020, ran to higher than $130 in early 2022, and the traded less than half that in May!

MRCI's newest special report is complete with seasonal patterns & weekly charts: for each delivery month and several spreads against each; for product spreads; for cash & basis; and for 3/2/1 and 2/1/1 crack spreads.  Better yet, this 284-page volume presents 190 seasonal & spread strategies to anticipate throughout the next 12-months. Order your copy today! https://www.mrci.com/products/energy