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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 Aug 31, 2024
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 40843.00 41578.00 38499.00 41563.00 100% 45 25 21 84% 41578.00 43099.52 41563.00
#NQ Higher Aug 2978.25 3554.75 1058.50 3190.50 85% 38 22 20 91% 3554.75 3725.66 3190.50
#MZ Lower Aug 3098.15 3120.65 2811.10 3091.50 91% 4 2 2 100% 2811.10 2499.41 3091.50
NQZ4 Higher Aug 3363.25 3876.25 1168.75 3475.00 85% 28 15 14 93% 3876.25 4063.33 3475.00
TYZ4 Higher Aug 112~085 115~190 112~175 113~180 33% 42 28 25 89% 115~190 118~207 113~180
FVZ4 Higher Aug 108~114 110~256 108~190 109~126 36% 36 22 21 95% 110~256 112~165 109~126
TUZ4 Higher Aug 103~042 104~147 103~072 103~246 44% 30 19 18 95% 104~147 105~052 103~246
ADZ4 Higher Aug 65.65 68.44 63.62 67.80 87% 37 15 14 93% 68.44 70.68 67.80
DXZ4 Lower Aug 103.475 103.845 100.085 101.275 32% 38 19 17 89% 100.085 96.800 101.275
PAZ4 Higher Aug 931.20 993.00 820.50 962.80 82% 45 18 16 89% 993.00 1097.80 962.80
NGX4 Lower Aug 2.635 2.829 2.450 2.498 13% 34 16 14 88% 2.450 2.079 2.498
NGZ4 Lower Aug 3.192 3.395 3.019 3.037 5% 34 15 13 87% 3.019 2.624 3.037
SMZ4 Lower Aug 315.70 335.00 298.50 313.00 40% 45 19 17 89% 298.50 279.45 313.00
SMF5 Lower Aug 316.60 335.20 300.40 313.90 39% 45 20 17 85% 300.40 280.39 313.90
HEV4 Higher Aug 75.930 83.000 71.330 82.230 93% 45 20 18 90% 83.000 89.197 82.230
JOX4 Higher Aug 416.60 488.45 411.40 460.30 63% 45 25 21 84% 488.45 543.99 460.30
CTZ4 Higher Aug 68.99 71.36 66.26 69.99 73% 45 19 16 84% 71.36 79.36 69.99
SBH5 Higher Aug 19.31 20.19 17.88 19.66 77% 45 20 18 90% 20.19 22.69 19.66


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for August(Month). Compared to July's 40843.00(Prev Close), the market ended August at 41563.00(Month Close), that being 100%(Pct Range) off of 38499.00(Month Low) to 41578.00(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 41578.00(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 43099.52(Average Objective).

NASDAQ 100 Index
The #NQ(Mkt) ended Higher(Cond) for August(Month). Compared to July's 2978.25(Prev Close), the market ended August at 3190.50(Month Close), that being 85%(Pct Range) off of 1058.50(Month Low) to 3554.75(Month High).

In comparing the July/August closes for each of the last 38 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in August than July in 22(Cond Years) of those years. Of those 22, the #NQ went on to exceed the August 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 the #NQ should exceed 3554.75(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 3725.66(Average Objective).

S&P MidCap 400 Index
The #MZ(Mkt) ended Lower(Cond) for August(Month). Compared to July's 3098.15(Prev Close), the market ended August at 3091.50(Month Close), that being 91%(Pct Range) off of 2811.10(Month Low) to 3120.65(Month High).

In comparing the July/August closes for each of the last 4 years(Total Years), Scenario found that the S&P MidCap 400 Index also closed lower in August than July in 2(Cond Years) of those years. Of those 2, the #MZ went on to penetrate the August low within the next 2 months in 2 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #MZ should penetrate 2811.10(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 2 years) a potential move toward 2499.41(Average Objective).

December NASDAQ 100 E-Mini(CME)
The NQZ4(Mkt) ended Higher(Cond) for August(Month). Compared to July's 3363.25(Prev Close), the market ended August at 3475.00(Month Close), that being 85%(Pct Range) off of 1168.75(Month Low) to 3876.25(Month High).

In comparing the July/August closes for each of the last 28 years(Total Years), Scenario found that the December NASDAQ 100 E-Mini(CME) also closed higher in August than July in 15(Cond Years) of those years. Of those 15, NQZ went on to exceed the August high within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the NQZ should exceed 3876.25(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 4063.33(Average Objective).

December 10-Year T-Notes(CBOT)
The TYZ4(Mkt) ended Higher(Cond) for August(Month). Compared to July's 112~085(Prev Close), the market ended August at 113~180(Month Close), that being 33%(Pct Range) off of 112~175(Month Low) to 115~190(Month High).

In comparing the July/August closes for each of the last 42 years(Total Years), Scenario found that the December 10-Year T-Notes(CBOT) also closed higher in August than July in 28(Cond Years) of those years. Of those 28, TYZ went on to exceed the August 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 TYZ should exceed 115~190(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 25 years) a potential move toward 118~207(Average Objective).

December 5-Year T-Notes(CBOT)
The FVZ4(Mkt) ended Higher(Cond) for August(Month). Compared to July's 108~114(Prev Close), the market ended August at 109~126(Month Close), that being 36%(Pct Range) off of 108~190(Month Low) to 110~256(Month High).

In comparing the July/August closes for each of the last 36 years(Total Years), Scenario found that the December 5-Year T-Notes(CBOT) also closed higher in August than July in 22(Cond Years) of those years. Of those 22, FVZ went on to exceed the August high within the next 2 months in 21 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the FVZ should exceed 110~256(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 112~165(Average Objective).

December 2 Year T-Notes(CBOT)
The TUZ4(Mkt) ended Higher(Cond) for August(Month). Compared to July's 103~042(Prev Close), the market ended August at 103~246(Month Close), that being 44%(Pct Range) off of 103~072(Month Low) to 104~147(Month High).

In comparing the July/August closes for each of the last 30 years(Total Years), Scenario found that the December 2 Year T-Notes(CBOT) also closed higher in August than July in 19(Cond Years) of those years. Of those 19, TUZ 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 TUZ should exceed 104~147(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 105~052(Average Objective).

December Australian Dollar(CME)
The ADZ4(Mkt) ended Higher(Cond) for August(Month). Compared to July's 65.65(Prev Close), the market ended August at 67.80(Month Close), that being 87%(Pct Range) off of 63.62(Month Low) to 68.44(Month High).

In comparing the July/August closes for each of the last 37 years(Total Years), Scenario found that the December Australian Dollar(CME) also closed higher in August than July in 15(Cond Years) of those years. Of those 15, ADZ went on to exceed the August high within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the ADZ should exceed 68.44(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 70.68(Average Objective).

December US Dollar Index(ICE)
The DXZ4(Mkt) ended Lower(Cond) for August(Month). Compared to July's 103.475(Prev Close), the market ended August at 101.275(Month Close), that being 32%(Pct Range) off of 100.085(Month Low) to 103.845(Month High).

In comparing the July/August closes for each of the last 38 years(Total Years), Scenario found that the December US Dollar Index(ICE) also closed lower in August than July in 19(Cond Years) of those years. Of those 19, DXZ went on to penetrate the August low within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the DXZ should penetrate 100.085(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 96.800(Average Objective).

December Palladium(NYMEX)
The PAZ4(Mkt) ended Higher(Cond) for August(Month). Compared to July's 931.20(Prev Close), the market ended August at 962.80(Month Close), that being 82%(Pct Range) off of 820.50(Month Low) to 993.00(Month High).

In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the December Palladium(NYMEX) also closed higher in August than July in 18(Cond Years) of those years. Of those 18, PAZ went on to exceed the August 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 PAZ should exceed 993.00(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 1097.80(Average Objective).

November Natural Gas(NYM)
The NGX4(Mkt) ended Lower(Cond) for August(Month). Compared to July's 2.635(Prev Close), the market ended August at 2.498(Month Close), that being 13%(Pct Range) off of 2.450(Month Low) to 2.829(Month High).

In comparing the July/August closes for each of the last 34 years(Total Years), Scenario found that the November Natural Gas(NYM) also closed lower in August than July in 16(Cond Years) of those years. Of those 16, NGX went on to penetrate the August low within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the NGX should penetrate 2.450(Scenario Objective) by no later than the end of October. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 2.079(Average Objective).

December Natural Gas(NYM)
The NGZ4(Mkt) ended Lower(Cond) for August(Month). Compared to July's 3.192(Prev Close), the market ended August at 3.037(Month Close), that being 5%(Pct Range) off of 3.019(Month Low) to 3.395(Month High).

In comparing the July/August closes for each of the last 34 years(Total Years), Scenario found that the December Natural Gas(NYM) also closed lower in August than July in 15(Cond Years) of those years. Of those 15, NGZ went on to penetrate the August low within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the NGZ should penetrate 3.019(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 2.624(Average Objective).

December Soybean Meal(CBOT)
The SMZ4(Mkt) ended Lower(Cond) for August(Month). Compared to July's 315.70(Prev Close), the market ended August at 313.00(Month Close), that being 40%(Pct Range) off of 298.50(Month Low) to 335.00(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 19(Cond Years) of those years. Of those 19, SMZ went on to penetrate the August low within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the SMZ should penetrate 298.50(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 279.45(Average Objective).

January Soybean Meal(CBOT)
The SMF5(Mkt) ended Lower(Cond) for August(Month). Compared to July's 316.60(Prev Close), the market ended August at 313.90(Month Close), that being 39%(Pct Range) off of 300.40(Month Low) to 335.20(Month High).

In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the January Soybean Meal(CBOT) also closed lower in August than July in 20(Cond Years) of those years. Of those 20, SMF went on to penetrate the August 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 SMF should penetrate 300.40(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 280.39(Average Objective).

October Lean Hogs(CME)
The HEV4(Mkt) ended Higher(Cond) for August(Month). Compared to July's 75.930(Prev Close), the market ended August at 82.230(Month Close), that being 93%(Pct Range) off of 71.330(Month Low) to 83.000(Month High).

In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the October Lean Hogs(CME) also closed higher in August than July in 20(Cond Years) of those years. Of those 20, HEV went on to exceed the August 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 HEV should exceed 83.000(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 89.197(Average Objective).

November Orange Juice(ICE)
The JOX4(Mkt) ended Higher(Cond) for August(Month). Compared to July's 416.60(Prev Close), the market ended August at 460.30(Month Close), that being 63%(Pct Range) off of 411.40(Month Low) to 488.45(Month High).

In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the November Orange Juice(ICE) also closed higher in August than July in 25(Cond Years) of those years. Of those 25, JOX 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 JOX should exceed 488.45(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 543.99(Average Objective).

December Cotton(ICE)
The CTZ4(Mkt) ended Higher(Cond) for August(Month). Compared to July's 68.99(Prev Close), the market ended August at 69.99(Month Close), that being 73%(Pct Range) off of 66.26(Month Low) to 71.36(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 19(Cond Years) of those years. Of those 19, CTZ went on to exceed the August 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 CTZ should exceed 71.36(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 79.36(Average Objective).

March Sugar #11(ICE)
The SBH5(Mkt) ended Higher(Cond) for August(Month). Compared to July's 19.31(Prev Close), the market ended August at 19.66(Month Close), that being 77%(Pct Range) off of 17.88(Month Low) to 20.19(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 20(Cond Years) of those years. Of those 20, SBH went on to exceed the August 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 SBH should exceed 20.19(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 22.69(Average Objective).
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