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 Jan 31, 2025
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 Jan 42544.00 45054.00 41864.00 44545.00 84% 45 27 24 89% 45054.00 47316.78 44545.00
#TRAN Higher Jan 15896.00 16901.00 15732.00 16307.00 49% 45 26 23 88% 16901.00 18146.72 16307.00
#OEX Higher Jan 2890.25 2997.65 2828.00 2951.05 73% 45 28 24 86% 2997.65 3145.03 2951.05
#MZ Higher Jan 3120.95 3265.35 3075.25 3239.05 86% 43 25 23 92% 3265.35 3447.12 3239.05
#VLE Higher Jan 11031.00 11582.00 10844.00 11432.00 80% 41 24 22 92% 11582.00 12249.79 11432.00
#SP Higher Jan 5881.75 6128.00 5774.50 6040.50 75% 45 27 24 89% 6128.00 6460.93 6040.50
ESH5 Higher Jan 5935.75 6162.25 5809.00 6067.25 73% 27 14 12 86% 6162.25 6419.00 6067.25
YMH5 Higher Jan 42873 45227 41967 44698 84% 27 13 11 85% 45227 47003 44698
TUM5 Lower Jan 103~004 103~033 102~192 102~314 76% 22 7 7 100% 102~192 102~003 102~314
EUH5 Higher Jan 103.89 105.58 102.05 103.97 54% 26 9 8 89% 105.58 107.46 103.97
PLJ5 Higher Jan 910.5 1045.6 909.4 1043.7 99% 45 28 25 89% 1045.6 1136.5 1043.7
PAM5 Higher Jan 918.50 1087.00 913.50 1083.00 98% 43 32 28 88% 1087.00 1269.49 1083.00
HGK5 Higher Jan 405.95 449.65 403.85 432.10 62% 45 24 22 92% 449.65 487.22 432.10
CLK5 Higher Jan 70.50 76.57 70.55 71.38 14% 41 22 21 95% 76.57 85.72 71.38
CLM5 Higher Jan 70.17 75.51 70.15 70.78 12% 41 23 22 96% 75.51 83.99 70.78
HOK5 Higher Jan 224.08 247.25 223.79 231.79 34% 45 20 17 85% 247.25 276.15 231.79
RBK5 Higher Jan 222.88 240.34 223.31 228.68 32% 39 25 22 88% 240.34 271.88 228.68
RBM5 Higher Jan 221.22 238.46 221.63 227.34 34% 39 26 22 85% 238.46 270.55 227.34
NGK5 Higher Jan 3.157 3.789 3.035 3.171 18% 34 15 13 87% 3.789 4.298 3.171
NGM5 Higher Jan 3.335 3.964 3.232 3.378 20% 34 16 14 88% 3.964 4.488 3.378
CBM5 Higher Jan 73.56 78.96 73.55 74.24 13% 34 18 17 94% 78.96 88.50 74.24
CBN5 Higher Jan 73.25 78.10 73.02 73.67 13% 33 17 16 94% 78.10 87.36 73.67
SK5 Higher Jan 1022.25 1088.00 996.25 1057.50 67% 45 22 19 86% 1088.00 1162.86 1057.50
SN5 Higher Jan 1034.75 1098.75 1007.75 1072.25 71% 45 22 19 86% 1098.75 1177.59 1072.25
BOK5 Higher Jan 40.69 47.48 39.99 46.52 87% 45 18 16 89% 47.48 52.30 46.52
BON5 Higher Jan 40.94 47.61 40.25 46.70 88% 45 19 16 84% 47.61 51.97 46.70
SMK5 Lower Jan 322.70 328.50 301.20 309.60 31% 45 20 19 95% 301.20 284.18 309.60
SMN5 Lower Jan 327.60 334.00 307.80 317.40 37% 45 22 20 91% 307.80 289.75 317.40
CK5 Higher Jan 465.75 508.00 456.75 493.00 71% 45 24 21 88% 508.00 544.46 493.00
CN5 Higher Jan 468.75 509.25 460.00 496.75 75% 45 23 21 91% 509.25 546.29 496.75
LCJ5 Higher Jan 194.280 207.730 194.450 202.300 59% 45 28 24 86% 207.730 218.615 202.300
LCM5 Higher Jan 189.630 201.650 189.700 196.700 59% 45 27 23 85% 201.650 210.973 196.700
LCQ5 Higher Jan 187.600 197.900 187.050 193.330 58% 45 23 20 87% 197.900 204.013 193.330
FCJ5 Higher Jan 263.550 279.030 263.400 275.130 75% 45 25 22 88% 279.030 291.202 275.130
FCK5 Higher Jan 263.230 277.230 262.730 273.130 72% 45 24 22 92% 277.230 288.925 273.130
FCQ5 Higher Jan 267.380 277.930 265.900 273.900 67% 45 28 25 89% 277.930 288.348 273.900
HEJ5 Higher Jan 86.580 92.750 84.500 90.350 71% 45 25 21 84% 92.750 100.916 90.350
HEK5 Higher Jan 90.980 96.450 89.500 94.530 72% 23 14 13 93% 96.450 103.483 94.530
HEM5 Higher Jan 99.180 104.650 97.950 103.000 75% 45 29 25 86% 104.650 112.797 103.000
CCN5 Higher Jan 10421 11170 9367 10570 67% 45 18 17 94% 11170 12373 10570
CTN5 Lower Jan 70.50 71.45 68.13 68.23 3% 45 22 19 86% 68.13 63.71 68.23
SBN5 Higher Jan 17.50 18.05 16.43 17.54 69% 45 24 21 88% 18.05 20.05 17.54
RRK5 Lower Jan 14.31 15.12 13.86 14.01 11% 38 17 16 94% 13.86 12.47 14.01
RRN5 Lower Jan 14.55 15.20 14.05 14.14 7% 35 18 17 94% 14.05 12.79 14.14


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for January(Month). Compared to December's 42544.00(Prev Close), the market ended January at 44545.00(Month Close), that being 84%(Pct Range) off of 41864.00(Month Low) to 45054.00(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed higher in January than December in 27(Cond Years) of those years. Of those 27, the #DJ went on to exceed the January 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 the #DJ should exceed 45054.00(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 47316.78(Average Objective).

Dow Jones Transportation
The #TRAN(Mkt) ended Higher(Cond) for January(Month). Compared to December's 15896.00(Prev Close), the market ended January at 16307.00(Month Close), that being 49%(Pct Range) off of 15732.00(Month Low) to 16901.00(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Transportation also closed higher in January than December in 26(Cond Years) of those years. Of those 26, the #TRAN went on to exceed the January 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 the #TRAN should exceed 16901.00(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 18146.72(Average Objective).

S & P 100(OEX)
The #OEX(Mkt) ended Higher(Cond) for January(Month). Compared to December's 2890.25(Prev Close), the market ended January at 2951.05(Month Close), that being 73%(Pct Range) off of 2828.00(Month Low) to 2997.65(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in January than December in 28(Cond Years) of those years. Of those 28, the #OEX went on to exceed the January high within the next 2 months in 24 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the the #OEX should exceed 2997.65(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 3145.03(Average Objective).

S&P MidCap 400 Index
The #MZ(Mkt) ended Higher(Cond) for January(Month). Compared to December's 3120.95(Prev Close), the market ended January at 3239.05(Month Close), that being 86%(Pct Range) off of 3075.25(Month Low) to 3265.35(Month High).

In comparing the December/January closes for each of the last 43 years(Total Years), Scenario found that the S&P MidCap 400 Index also closed higher in January than December in 25(Cond Years) of those years. Of those 25, the #MZ went on to exceed the January high within the next 2 months in 23 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the the #MZ should exceed 3265.35(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 3447.12(Average Objective).

Value Line Index
The #VLE(Mkt) ended Higher(Cond) for January(Month). Compared to December's 11031.00(Prev Close), the market ended January at 11432.00(Month Close), that being 80%(Pct Range) off of 10844.00(Month Low) to 11582.00(Month High).

In comparing the December/January closes for each of the last 41 years(Total Years), Scenario found that the Value Line Index also closed higher in January than December in 24(Cond Years) of those years. Of those 24, the #VLE went on to exceed the January high within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the the #VLE should exceed 11582.00(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 12249.79(Average Objective).

S & P 500 Stock Index
The #SP(Mkt) ended Higher(Cond) for January(Month). Compared to December's 5881.75(Prev Close), the market ended January at 6040.50(Month Close), that being 75%(Pct Range) off of 5774.50(Month Low) to 6128.00(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed higher in January than December in 27(Cond Years) of those years. Of those 27, the #SP went on to exceed the January 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 the #SP should exceed 6128.00(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 6460.93(Average Objective).

March S & P 500 E-Mini(CME)
The ESH5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 5935.75(Prev Close), the market ended January at 6067.25(Month Close), that being 73%(Pct Range) off of 5809.00(Month Low) to 6162.25(Month High).

In comparing the December/January closes for each of the last 27 years(Total Years), Scenario found that the March S & P 500 E-Mini(CME) also closed higher in January than December in 14(Cond Years) of those years. Of those 14, ESH went on to exceed the January high within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the ESH should exceed 6162.25(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 6419.00(Average Objective).

March E-mini DJIA Index(CBOT)
The YMH5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 42873(Prev Close), the market ended January at 44698(Month Close), that being 84%(Pct Range) off of 41967(Month Low) to 45227(Month High).

In comparing the December/January closes for each of the last 27 years(Total Years), Scenario found that the March E-mini DJIA Index(CBOT) also closed higher in January than December in 13(Cond Years) of those years. Of those 13, YMH went on to exceed the January high within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the YMH should exceed 45227(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 47003(Average Objective).

June 2 Year T-Notes(CBOT)
The TUM5(Mkt) ended Lower(Cond) for January(Month). Compared to December's 103~004(Prev Close), the market ended January at 102~314(Month Close), that being 76%(Pct Range) off of 102~192(Month Low) to 103~033(Month High).

In comparing the December/January closes for each of the last 22 years(Total Years), Scenario found that the June 2 Year T-Notes(CBOT) also closed lower in January than December in 7(Cond Years) of those years. Of those 7, TUM went on to penetrate the January low within the next 2 months in 7 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the TUM should penetrate 102~192(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 102~003(Average Objective).

March EuroFX(CME)
The EUH5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 103.89(Prev Close), the market ended January at 103.97(Month Close), that being 54%(Pct Range) off of 102.05(Month Low) to 105.58(Month High).

In comparing the December/January closes for each of the last 26 years(Total Years), Scenario found that the March EuroFX(CME) also closed higher in January than December in 9(Cond Years) of those years. Of those 9, EUH went on to exceed the January 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 105.58(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 107.46(Average Objective).

April Platinum(NYMEX)
The PLJ5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 910.5(Prev Close), the market ended January at 1043.7(Month Close), that being 99%(Pct Range) off of 909.4(Month Low) to 1045.6(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the April Platinum(NYMEX) also closed higher in January than December in 28(Cond Years) of those years. Of those 28, PLJ went on to exceed the January 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 PLJ should exceed 1045.6(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 1136.5(Average Objective).

June Palladium(NYMEX)
The PAM5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 918.50(Prev Close), the market ended January at 1083.00(Month Close), that being 98%(Pct Range) off of 913.50(Month Low) to 1087.00(Month High).

In comparing the December/January closes for each of the last 43 years(Total Years), Scenario found that the June Palladium(NYMEX) also closed higher in January than December in 32(Cond Years) of those years. Of those 32, PAM went on to exceed the January high within the next 2 months in 28 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the PAM should exceed 1087.00(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 1269.49(Average Objective).

May Copper(CMX)
The HGK5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 405.95(Prev Close), the market ended January at 432.10(Month Close), that being 62%(Pct Range) off of 403.85(Month Low) to 449.65(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the May Copper(CMX) also closed higher in January than December in 24(Cond Years) of those years. Of those 24, HGK went on to exceed the January high within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the HGK should exceed 449.65(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 487.22(Average Objective).

May Crude Oil(NYM)
The CLK5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 70.50(Prev Close), the market ended January at 71.38(Month Close), that being 14%(Pct Range) off of 70.55(Month Low) to 76.57(Month High).

In comparing the December/January closes for each of the last 41 years(Total Years), Scenario found that the May Crude Oil(NYM) also closed higher in January than December in 22(Cond Years) of those years. Of those 22, CLK went on to exceed the January 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 CLK should exceed 76.57(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 85.72(Average Objective).

June Crude Oil(NYM)
The CLM5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 70.17(Prev Close), the market ended January at 70.78(Month Close), that being 12%(Pct Range) off of 70.15(Month Low) to 75.51(Month High).

In comparing the December/January closes for each of the last 41 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed higher in January than December in 23(Cond Years) of those years. Of those 23, CLM went on to exceed the January 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 CLM should exceed 75.51(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 83.99(Average Objective).

May NY Harbor ULSD(NYM)
The HOK5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 224.08(Prev Close), the market ended January at 231.79(Month Close), that being 34%(Pct Range) off of 223.79(Month Low) to 247.25(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the May NY Harbor ULSD(NYM) also closed higher in January than December in 20(Cond Years) of those years. Of those 20, HOK went on to exceed the January 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 HOK should exceed 247.25(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 276.15(Average Objective).

May RBOB Gasoline(NYM)
The RBK5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 222.88(Prev Close), the market ended January at 228.68(Month Close), that being 32%(Pct Range) off of 223.31(Month Low) to 240.34(Month High).

In comparing the December/January closes for each of the last 39 years(Total Years), Scenario found that the May RBOB Gasoline(NYM) also closed higher in January than December in 25(Cond Years) of those years. Of those 25, RBK went on to exceed the January high within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the RBK should exceed 240.34(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 271.88(Average Objective).

June RBOB Gasoline(NYM)
The RBM5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 221.22(Prev Close), the market ended January at 227.34(Month Close), that being 34%(Pct Range) off of 221.63(Month Low) to 238.46(Month High).

In comparing the December/January closes for each of the last 39 years(Total Years), Scenario found that the June RBOB Gasoline(NYM) also closed higher in January than December in 26(Cond Years) of those years. Of those 26, RBM went on to exceed the January high within the next 2 months in 22 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the RBM should exceed 238.46(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 270.55(Average Objective).

May Natural Gas(NYM)
The NGK5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 3.157(Prev Close), the market ended January at 3.171(Month Close), that being 18%(Pct Range) off of 3.035(Month Low) to 3.789(Month High).

In comparing the December/January closes for each of the last 34 years(Total Years), Scenario found that the May Natural Gas(NYM) also closed higher in January than December in 15(Cond Years) of those years. Of those 15, NGK went on to exceed the January 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 NGK should exceed 3.789(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 4.298(Average Objective).

June Natural Gas(NYM)
The NGM5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 3.335(Prev Close), the market ended January at 3.378(Month Close), that being 20%(Pct Range) off of 3.232(Month Low) to 3.964(Month High).

In comparing the December/January closes for each of the last 34 years(Total Years), Scenario found that the June Natural Gas(NYM) also closed higher in January than December in 16(Cond Years) of those years. Of those 16, NGM went on to exceed the January 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 NGM should exceed 3.964(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 4.488(Average Objective).

June Brent Crude Oil(ICE)
The CBM5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 73.56(Prev Close), the market ended January at 74.24(Month Close), that being 13%(Pct Range) off of 73.55(Month Low) to 78.96(Month High).

In comparing the December/January closes for each of the last 34 years(Total Years), Scenario found that the June Brent Crude Oil(ICE) also closed higher in January than December in 18(Cond Years) of those years. Of those 18, CBM went on to exceed the January 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 CBM should exceed 78.96(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 88.50(Average Objective).

July Brent Crude Oil(ICE)
The CBN5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 73.25(Prev Close), the market ended January at 73.67(Month Close), that being 13%(Pct Range) off of 73.02(Month Low) to 78.10(Month High).

In comparing the December/January closes for each of the last 33 years(Total Years), Scenario found that the July Brent Crude Oil(ICE) also closed higher in January than December in 17(Cond Years) of those years. Of those 17, CBN went on to exceed the January 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 CBN should exceed 78.10(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 87.36(Average Objective).

May Soybeans(CBOT)
The SK5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 1022.25(Prev Close), the market ended January at 1057.50(Month Close), that being 67%(Pct Range) off of 996.25(Month Low) to 1088.00(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the May Soybeans(CBOT) also closed higher in January than December in 22(Cond Years) of those years. Of those 22, SK went on to exceed the January 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 SK should exceed 1088.00(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 1162.86(Average Objective).

July Soybeans(CBOT)
The SN5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 1034.75(Prev Close), the market ended January at 1072.25(Month Close), that being 71%(Pct Range) off of 1007.75(Month Low) to 1098.75(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the July Soybeans(CBOT) also closed higher in January than December in 22(Cond Years) of those years. Of those 22, SN went on to exceed the January 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 SN should exceed 1098.75(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 1177.59(Average Objective).

May Soybean Oil(CBOT)
The BOK5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 40.69(Prev Close), the market ended January at 46.52(Month Close), that being 87%(Pct Range) off of 39.99(Month Low) to 47.48(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the May Soybean Oil(CBOT) also closed higher in January than December in 18(Cond Years) of those years. Of those 18, BOK went on to exceed the January 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 BOK should exceed 47.48(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 52.30(Average Objective).

July Soybean Oil(CBOT)
The BON5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 40.94(Prev Close), the market ended January at 46.70(Month Close), that being 88%(Pct Range) off of 40.25(Month Low) to 47.61(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed higher in January than December in 19(Cond Years) of those years. Of those 19, BON went on to exceed the January 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 BON should exceed 47.61(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 51.97(Average Objective).

May Soybean Meal(CBOT)
The SMK5(Mkt) ended Lower(Cond) for January(Month). Compared to December's 322.70(Prev Close), the market ended January at 309.60(Month Close), that being 31%(Pct Range) off of 301.20(Month Low) to 328.50(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the May Soybean Meal(CBOT) also closed lower in January than December in 20(Cond Years) of those years. Of those 20, SMK went on to penetrate the January low within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the SMK should penetrate 301.20(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 284.18(Average Objective).

July Soybean Meal(CBOT)
The SMN5(Mkt) ended Lower(Cond) for January(Month). Compared to December's 327.60(Prev Close), the market ended January at 317.40(Month Close), that being 37%(Pct Range) off of 307.80(Month Low) to 334.00(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the July Soybean Meal(CBOT) also closed lower in January than December in 22(Cond Years) of those years. Of those 22, SMN went on to penetrate the January low within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the SMN should penetrate 307.80(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 289.75(Average Objective).

May Corn(CBOT)
The CK5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 465.75(Prev Close), the market ended January at 493.00(Month Close), that being 71%(Pct Range) off of 456.75(Month Low) to 508.00(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the May Corn(CBOT) also closed higher in January than December in 24(Cond Years) of those years. Of those 24, CK went on to exceed the January 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 CK should exceed 508.00(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 544.46(Average Objective).

July Corn(CBOT)
The CN5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 468.75(Prev Close), the market ended January at 496.75(Month Close), that being 75%(Pct Range) off of 460.00(Month Low) to 509.25(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the July Corn(CBOT) also closed higher in January than December in 23(Cond Years) of those years. Of those 23, CN went on to exceed the January 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 CN should exceed 509.25(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 546.29(Average Objective).

April Live Cattle(CME)
The LCJ5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 194.280(Prev Close), the market ended January at 202.300(Month Close), that being 59%(Pct Range) off of 194.450(Month Low) to 207.730(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the April Live Cattle(CME) also closed higher in January than December in 28(Cond Years) of those years. Of those 28, LCJ went on to exceed the January 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 207.730(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 218.615(Average Objective).

June Live Cattle(CME)
The LCM5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 189.630(Prev Close), the market ended January at 196.700(Month Close), that being 59%(Pct Range) off of 189.700(Month Low) to 201.650(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the June Live Cattle(CME) also closed higher in January than December in 27(Cond Years) of those years. Of those 27, LCM went on to exceed the January high within the next 2 months in 23 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the LCM should exceed 201.650(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 210.973(Average Objective).

August Live Cattle(CME)
The LCQ5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 187.600(Prev Close), the market ended January at 193.330(Month Close), that being 58%(Pct Range) off of 187.050(Month Low) to 197.900(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the August Live Cattle(CME) also closed higher in January than December in 23(Cond Years) of those years. Of those 23, LCQ went on to exceed the January 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 LCQ should exceed 197.900(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 204.013(Average Objective).

April Feeder Cattle(CME)
The FCJ5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 263.550(Prev Close), the market ended January at 275.130(Month Close), that being 75%(Pct Range) off of 263.400(Month Low) to 279.030(Month High).

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

Therefore, the historical odds are high that the FCJ should exceed 279.030(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 291.202(Average Objective).

May Feeder Cattle(CME)
The FCK5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 263.230(Prev Close), the market ended January at 273.130(Month Close), that being 72%(Pct Range) off of 262.730(Month Low) to 277.230(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the May Feeder Cattle(CME) also closed higher in January than December in 24(Cond Years) of those years. Of those 24, FCK went on to exceed the January high within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the FCK should exceed 277.230(Scenario Objective) by no later than the end of March. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 288.925(Average Objective).

August Feeder Cattle(CME)
The FCQ5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 267.380(Prev Close), the market ended January at 273.900(Month Close), that being 67%(Pct Range) off of 265.900(Month Low) to 277.930(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed higher in January than December in 28(Cond Years) of those years. Of those 28, FCQ went on to exceed the January 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 FCQ should exceed 277.930(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 288.348(Average Objective).

April Lean Hogs(CME)
The HEJ5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 86.580(Prev Close), the market ended January at 90.350(Month Close), that being 71%(Pct Range) off of 84.500(Month Low) to 92.750(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the April Lean Hogs(CME) also closed higher in January than December in 25(Cond Years) of those years. Of those 25, HEJ went on to exceed the January 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 HEJ should exceed 92.750(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 100.916(Average Objective).

May Lean Hogs(CME)
The HEK5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 90.980(Prev Close), the market ended January at 94.530(Month Close), that being 72%(Pct Range) off of 89.500(Month Low) to 96.450(Month High).

In comparing the December/January closes for each of the last 23 years(Total Years), Scenario found that the May Lean Hogs(CME) also closed higher in January than December in 14(Cond Years) of those years. Of those 14, HEK went on to exceed the January 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 HEK should exceed 96.450(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 103.483(Average Objective).

June Lean Hogs(CME)
The HEM5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 99.180(Prev Close), the market ended January at 103.000(Month Close), that being 75%(Pct Range) off of 97.950(Month Low) to 104.650(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed higher in January than December in 29(Cond Years) of those years. Of those 29, HEM went on to exceed the January 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 HEM should exceed 104.650(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 112.797(Average Objective).

July Cocoa(ICE)
The CCN5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 10421(Prev Close), the market ended January at 10570(Month Close), that being 67%(Pct Range) off of 9367(Month Low) to 11170(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the July Cocoa(ICE) also closed higher in January than December in 18(Cond Years) of those years. Of those 18, CCN went on to exceed the January 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 CCN should exceed 11170(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 12373(Average Objective).

July Cotton(ICE)
The CTN5(Mkt) ended Lower(Cond) for January(Month). Compared to December's 70.50(Prev Close), the market ended January at 68.23(Month Close), that being 3%(Pct Range) off of 68.13(Month Low) to 71.45(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the July Cotton(ICE) also closed lower in January than December in 22(Cond Years) of those years. Of those 22, CTN went on to penetrate the January low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the CTN should penetrate 68.13(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 63.71(Average Objective).

July Sugar #11(ICE)
The SBN5(Mkt) ended Higher(Cond) for January(Month). Compared to December's 17.50(Prev Close), the market ended January at 17.54(Month Close), that being 69%(Pct Range) off of 16.43(Month Low) to 18.05(Month High).

In comparing the December/January closes for each of the last 45 years(Total Years), Scenario found that the July Sugar #11(ICE) also closed higher in January than December in 24(Cond Years) of those years. Of those 24, SBN went on to exceed the January 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 18.05(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 20.05(Average Objective).

May Rough Rice(CBOT)
The RRK5(Mkt) ended Lower(Cond) for January(Month). Compared to December's 14.31(Prev Close), the market ended January at 14.01(Month Close), that being 11%(Pct Range) off of 13.86(Month Low) to 15.12(Month High).

In comparing the December/January closes for each of the last 38 years(Total Years), Scenario found that the May Rough Rice(CBOT) also closed lower in January than December in 17(Cond Years) of those years. Of those 17, RRK went on to penetrate the January low within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the RRK should penetrate 13.86(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 12.47(Average Objective).

July Rough Rice(CBOT)
The RRN5(Mkt) ended Lower(Cond) for January(Month). Compared to December's 14.55(Prev Close), the market ended January at 14.14(Month Close), that being 7%(Pct Range) off of 14.05(Month Low) to 15.20(Month High).

In comparing the December/January closes for each of the last 35 years(Total Years), Scenario found that the July Rough Rice(CBOT) also closed lower in January than December in 18(Cond Years) of those years. Of those 18, RRN went on to penetrate the January low within the next 2 months in 17 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the RRN should penetrate 14.05(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 12.79(Average Objective).
Banner

Newsflash

Its stability & liquidity make it a trader’s dream. With 2025’s geopolitical storms brewing, MRCI’s Brent Oil Report shows you how to ride seasonal waves as you manage risk. Intrigued?