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 Aug 31, 2021
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 Aug 34935.00 35631.00 34692.00 35361.00 71% 45 25 21 84% 35631.00 36979.52 35361.00
#NQ Higher Aug 14959.75 15620.50 14774.00 15582.50 96% 35 21 19 90% 15620.50 16486.64 15582.50
#QR Higher Aug 2226.25 2281.85 2122.25 2277.15 97% 42 24 21 88% Yes 2386.25 2277.15
#MZ Higher Aug 2703.65 2775.45 2630.50 2753.15 85% 1 1 1 100% 2775.45   2753.15
NQZ1 Higher Aug 14944.25 15664.25 14699.00 15571.25 90% 25 14 13 93% 15664.25 16547.92 15571.25
SMZ1 Lower Aug 353.90 367.20 345.10 345.60 2% 45 18 16 89% 345.10 325.51 345.60
LCZ1 Higher Aug 132.650 138.235 131.500 133.485 29% 45 18 17 94% 138.235 143.928 133.485
LCG2 Higher Aug 137.200 140.550 135.985 137.750 39% 45 17 16 94% 140.550 145.361 137.750
FCF2 Higher Aug 165.150 172.000 164.330 168.985 61% 44 19 17 89% 172.000 177.828 168.985
CTZ1 Higher Aug 89.39 96.71 89.01 92.53 46% 45 17 15 88% 96.71 106.66 92.53
SBH2 Higher Aug 18.43 20.94 18.31 20.55 85% 45 19 18 95% 20.94 23.62 20.55
SBK2 Higher Aug 17.47 20.05 17.46 19.82 91% 45 18 17 94% 20.05 22.53 19.82


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for August(Month). Compared to July's 34935.00(Prev Close), the market ended August at 35361.00(Month Close), that being 71%(Pct Range) off of 34692.00(Month Low) to 35631.00(Month High).

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

Therefore, the historical odds are high that the the #DJ should exceed 35631.00(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 36979.52(Average Objective).

NASDAQ 100 Index
The #NQ(Mkt) ended Higher(Cond) for August(Month). Compared to July's 14959.75(Prev Close), the market ended August at 15582.50(Month Close), that being 96%(Pct Range) off of 14774.00(Month Low) to 15620.50(Month High).

In comparing the July/August closes for each of the last 35 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in August than July in 21(Cond Years) of those years. Of those 21, the #NQ went on to exceed the August 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 the #NQ should exceed 15620.50(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 16486.64(Average Objective).

Russell 2000 Index
The #QR(Mkt) ended Higher(Cond) for August(Month). Compared to July's 2226.25(Prev Close), the market ended August at 2277.15(Month Close), that being 97%(Pct Range) off of 2122.25(Month Low) to 2281.85(Month High).

In comparing the July/August closes for each of the last 42 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in August than July in 24(Cond Years) of those years. Of those 24, the #QR went on to exceed the August 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 the #QR should exceed 2281.85(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 2386.25(Average Objective).

S&P MidCap 400 Index
The #MZ(Mkt) ended Higher(Cond) for August(Month). Compared to July's 2703.65(Prev Close), the market ended August at 2753.15(Month Close), that being 85%(Pct Range) off of 2630.50(Month Low) to 2775.45(Month High).

In comparing the July/August closes for each of the last 1 years(Total Years), Scenario found that the S&P MidCap 400 Index also closed higher in August than July in 1(Cond Years) of those years. Of those 1, the #MZ went on to exceed the August high within the next 2 months in 1 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #MZ should exceed 2775.45(Scenario Objective) by no later than the end of October.

December NASDAQ 100 E-Mini(CME)
The NQZ1(Mkt) ended Higher(Cond) for August(Month). Compared to July's 14944.25(Prev Close), the market ended August at 15571.25(Month Close), that being 90%(Pct Range) off of 14699.00(Month Low) to 15664.25(Month High).

In comparing the July/August closes for each of the last 25 years(Total Years), Scenario found that the December NASDAQ 100 E-Mini(CME) also closed higher in August than July in 14(Cond Years) of those years. Of those 14, NQZ went on to exceed the August 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 NQZ should exceed 15664.25(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 16547.92(Average Objective).

December Soybean Meal(CBOT)
The SMZ1(Mkt) ended Lower(Cond) for August(Month). Compared to July's 353.90(Prev Close), the market ended August at 345.60(Month Close), that being 2%(Pct Range) off of 345.10(Month Low) to 367.20(Month High).

In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the December Soybean Meal(CBOT) also closed lower in August than July in 18(Cond Years) of those years. Of those 18, SMZ went on to penetrate the August low within the next 2 months in 16 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the SMZ should penetrate 345.10(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 325.51(Average Objective).

December Live Cattle(CME)
The LCZ1(Mkt) ended Higher(Cond) for August(Month). Compared to July's 132.650(Prev Close), the market ended August at 133.485(Month Close), that being 29%(Pct Range) off of 131.500(Month Low) to 138.235(Month High).

In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the December Live Cattle(CME) also closed higher in August than July in 18(Cond Years) of those years. Of those 18, LCZ went on to exceed the August 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 LCZ should exceed 138.235(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 143.928(Average Objective).

February Live Cattle(CME)
The LCG2(Mkt) ended Higher(Cond) for August(Month). Compared to July's 137.200(Prev Close), the market ended August at 137.750(Month Close), that being 39%(Pct Range) off of 135.985(Month Low) to 140.550(Month High).

In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the February Live Cattle(CME) also closed higher in August than July in 17(Cond Years) of those years. Of those 17, LCG went on to exceed the August 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 LCG should exceed 140.550(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 145.361(Average Objective).

January Feeder Cattle(CME)
The FCF2(Mkt) ended Higher(Cond) for August(Month). Compared to July's 165.150(Prev Close), the market ended August at 168.985(Month Close), that being 61%(Pct Range) off of 164.330(Month Low) to 172.000(Month High).

In comparing the July/August closes for each of the last 44 years(Total Years), Scenario found that the January Feeder Cattle(CME) also closed higher in August than July in 19(Cond Years) of those years. Of those 19, FCF went on to exceed the August 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 FCF should exceed 172.000(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 177.828(Average Objective).

December Cotton(ICE)
The CTZ1(Mkt) ended Higher(Cond) for August(Month). Compared to July's 89.39(Prev Close), the market ended August at 92.53(Month Close), that being 46%(Pct Range) off of 89.01(Month Low) to 96.71(Month High).

In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the December Cotton(ICE) also closed higher in August than July in 17(Cond Years) of those years. Of those 17, CTZ went on to exceed the August 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 CTZ should exceed 96.71(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 106.66(Average Objective).

March Sugar #11(ICE)
The SBH2(Mkt) ended Higher(Cond) for August(Month). Compared to July's 18.43(Prev Close), the market ended August at 20.55(Month Close), that being 85%(Pct Range) off of 18.31(Month Low) to 20.94(Month High).

In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the March Sugar #11(ICE) also closed higher in August than July in 19(Cond Years) of those years. Of those 19, SBH went on to exceed the August 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 SBH should exceed 20.94(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 23.62(Average Objective).

May Sugar #11(ICE)
The SBK2(Mkt) ended Higher(Cond) for August(Month). Compared to July's 17.47(Prev Close), the market ended August at 19.82(Month Close), that being 91%(Pct Range) off of 17.46(Month Low) to 20.05(Month High).

In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the May Sugar #11(ICE) also closed higher in August than July in 18(Cond Years) of those years. Of those 18, SBK went on to exceed the August 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 SBK should exceed 20.05(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 22.53(Average Objective).
Banner

Login

Newsflash

Quotes and Charts! https://www.mrci.com/ohlc/ohlc-all.php

MRCI is delighted to provide our new Futures SuperCharts via End-of-Day Commodity Quotes pages.

There are now links not only to the Nearby Weekly and Monthly charts for each particular commodity but also to the daily Superchart for each delivery month --- over which you can even hover!

No more toggling from one section to another.  Now MRCI's tables of daily OHLC, volume, and open interest data offer you immediate access to the relevant charts

--- all in one place and at your fingertips.  Try it --- you'll like it!

Learn more: https://www.mrci.com/tutorials/supercharts.pdf