MRCI's ScenarioSM Summary

Copyright © 1991-2000 Moore Research Center, Inc.

ScenarioSM Summary Apr 01, 2000
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	Mar	10128.00	11235.00	9732.00	10922.00	79%	45	28	25	89%	11235.00	11876.19	10922.00
#TRAN	Higher	Mar	2388.90	2763.50	2260.80	2763.20	100%	30	20	17	85%	2763.50	2985.45	2763.20
#UTIL	Higher	Mar	288.48	296.00	272.37	291.77	82%	30	14	12	86%	296.00	306.24	291.77
#OEX	Higher	Mar	738.65	846.40	727.90	815.05	74%	16	11	11	100%	846.40	887.10	815.05
#YX	Higher	Mar	592.60	659.70	585.60	647.70	84%	16	11	10	91%	659.70	689.30	647.70
#NDX	Higher	Mar	4266.90	4816.40	4050.00	4397.80	45%	14	10	9	90%	4816.40	5179.63	4397.80
#MID	Higher	Mar	461.48	505.63	452.92	499.69	89%	19	15	13	87%	505.63	531.84	499.69
#VLE	Higher	Mar	982.70	1070.20	899.50	1067.10	98%	17	13	12	92%	1070.20	1121.01	1067.10
#SSNI	Higher	Mar	19960.00	20810.00	18766.00	20337.00	77%	18	10	10	100%	20810.00	21959.03	20337.00
#T35	Higher	Mar	483.81	536.13	483.81	512.48	55%	18	11	10	91%	536.13	561.65	512.48
#SP	Higher	Mar	1366.40	1552.85	1346.60	1498.60	74%	45	30	26	87%	1552.85	1632.27	1498.60
SPM0	Higher	Mar	1390.10	1574.00	1367.00	1515.30	72%	17	12	11	92%	1574.00	1651.57	1515.30
SPU0	Higher	Mar	1409.10	1595.00	1387.70	1536.60	72%	17	12	11	92%	1595.00	1672.83	1536.60
NDM0	Higher	Mar	4362.00	4882.00	4110.00	4457.40	45%	3	2	2	100%	4882.00	5132.33	4457.40
NDU0	Higher	Mar	4423.00	4860.00	4218.50	4523.40	48%	3	2	2	100%	4860.00	5099.78	4523.40
YXU0	Higher	Mar	610.50	669.60	600.00	661.15	88%	16	11	10	91%	669.60	701.49	661.15
SFM0	Lower	Mar	60.86	62.08	59.89	60.55	30%	24	11	11	100%	59.89	57.76	60.55
SFU0	Lower	Mar	61.39	62.50	60.42	61.06	31%	25	12	12	100%	60.42	58.31	61.06
DMM0	Lower	Mar	49.78	50.98	48.52	49.12	24%	24	10	9	90%	48.52	47.16	49.12
DMU0	Lower	Mar	50.10	50.50	49.19	49.43	18%	25	11	10	91%	49.19	47.87	49.43
JYM0	Higher	Mar	92.49	99.36	94.00	99.08	95%	23	11	10	91%	99.36	102.74	99.08
JYU0	Higher	Mar	93.97	100.76	95.62	100.65	98%	23	11	10	91%	100.76	104.19	100.65
GCM0	Lower	Mar	296.6	298.1	277.5	281.4	19%	25	16	14	88%	277.5	265.3	281.4
GCQ0	Lower	Mar	299.2	300.0	280.6	284.0	18%	25	16	14	88%	280.6	268.3	284.0
SIK0	Lower	Mar	510.8	521.0	492.0	504.5	43%	36	19	16	84%	492.0	446.9	504.5
CLM0	Lower	Mar	27.68	30.66	25.60	26.38	15%	16	4	4	100%	25.60	22.94	26.38
HUQ0	Lower	Mar	77.40	84.80	75.50	76.45	10%	14	2	2	100%	75.50	72.24	76.45
HUU0	Higher	Mar	74.30	81.50	73.10	74.35	15%	14	12	11	92%	81.50	86.85	74.35
SX0	Higher	Mar	527.75	570.50	520.00	568.50	96%	40	22	20	91%	570.50	600.78	568.50
BON0	Higher	Mar	16.15	18.83	16.09	18.70	95%	40	19	17	89%	18.83	20.73	18.70
BOQ0	Higher	Mar	16.31	18.90	16.27	18.88	99%	38	20	17	85%	18.90	20.94	18.88
BOV0	Higher	Mar	16.61	19.19	16.57	19.18	100%	39	23	21	91%	19.19	20.90	19.18
BOZ0	Higher	Mar	16.98	19.55	16.90	19.50	98%	38	25	24	96%	19.55	21.22	19.50
CK0	Higher	Mar	224.00	241.75	222.00	236.00	71%	40	22	20	91%	241.75	251.94	236.00
CN0	Higher	Mar	232.25	249.50	230.25	244.50	74%	40	21	19	90%	249.50	261.35	244.50
CU0	Higher	Mar	239.75	256.00	237.75	252.00	78%	40	24	22	92%	256.00	270.39	252.00
LCM0	Higher	Mar	68.650	70.250	68.550	68.975	25%	35	21	18	86%	70.250	76.471	68.975
LCQ0	Higher	Mar	69.575	70.450	68.850	69.725	55%	35	20	17	85%	70.450	75.481	69.725
LCV0	Higher	Mar	72.000	73.100	71.700	72.500	57%	35	17	16	94%	73.100	76.121	72.500
LCZ0	Higher	Mar	73.025	74.450	73.025	74.125	77%	35	19	18	95%	74.450	77.369	74.125
FCK0	Lower	Mar	84.550	85.750	82.775	83.925	39%	28	14	12	86%	82.775	77.242	83.925
FCQ0	Lower	Mar	86.400	87.400	84.825	86.200	53%	27	13	12	92%	84.825	79.826	86.200
LEM0	Higher	Mar	66.975	73.750	66.550	73.150	92%	30	19	17	89%	73.750	81.776	73.150
LEN0	Higher	Mar	65.375	71.375	64.950	71.300	99%	30	18	17	94%	71.375	78.336	71.300
LEQ0	Higher	Mar	63.300	68.950	62.900	68.500	93%	30	18	16	89%	68.950	76.258	68.500
JOU0	Lower	Mar	82.30	85.20	80.50	81.70	26%	32	14	12	86%	80.50	74.91	81.70
KCU0	Higher	Mar	105.45	114.80	106.20	108.95	32%	26	14	12	86%	114.80	132.96	108.95
SBV0	Higher	Mar	5.70	6.13	5.60	6.05	85%	36	16	14	88%	6.13	6.62	6.05
LBK0	Lower	Mar	335.2	346.6	317.0	324.7	26%	26	13	12	92%	317.0	284.1	324.7

DJIA Index

The #DJ(Mkt) ended Higher(Cond) for March(Month). Compared to February's 10128.00(Prev Close), the market ended March at (Month Close), that being 79%(Pct Range) off of 9732.00(Month Low) to 11235.00(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed higher in March than February in 28(Cond Years) of those years. Of those 28, the #DJ went on to exceed the March 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 the #DJ should exceed 11235.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 25 years) a potential move toward 11876.19(Average Objective).

Dow Jones Transportation

The #TRAN(Mkt) ended Higher(Cond) for March(Month). Compared to February's 2388.90(Prev Close), the market ended March at (Month Close), that being 100%(Pct Range) off of 2260.80(Month Low) to 2763.50(Month High).

In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the Dow Jones Transportation also closed higher in March than February in 20(Cond Years) of those years. Of those 20, the #TRAN went on to exceed the March 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 the #TRAN should exceed 2763.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 2985.45(Average Objective).

Dow Jones Utilities

The #UTIL(Mkt) ended Higher(Cond) for March(Month). Compared to February's 288.48(Prev Close), the market ended March at (Month Close), that being 82%(Pct Range) off of 272.37(Month Low) to 296.00(Month High).

In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the Dow Jones Utilities also closed higher in March than February in 14(Cond Years) of those years. Of those 14, the #UTIL went on to exceed the March 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 the #UTIL should exceed 296.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 306.24(Average Objective).

S & P 100(OEX)

The #OEX(Mkt) ended Higher(Cond) for March(Month). Compared to February's 738.65(Prev Close), the market ended March at (Month Close), that being 74%(Pct Range) off of 727.90(Month Low) to 846.40(Month High).

In comparing the February/March closes for each of the last 16 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in March than February in 11(Cond Years) of those years. Of those 11, the #OEX went on to exceed the March high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #OEX should exceed 846.40(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 887.10(Average Objective).

NYSE Composite Index

The #YX(Mkt) ended Higher(Cond) for March(Month). Compared to February's 592.60(Prev Close), the market ended March at (Month Close), that being 84%(Pct Range) off of 585.60(Month Low) to 659.70(Month High).

In comparing the February/March closes for each of the last 16 years(Total Years), Scenario found that the NYSE Composite Index also closed higher in March than February in 11(Cond Years) of those years. Of those 11, the #YX went on to exceed the March 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 the #YX should exceed 659.70(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 689.30(Average Objective).

NASDAQ 100 Index

The #NDX(Mkt) ended Higher(Cond) for March(Month). Compared to February's 4266.90(Prev Close), the market ended March at (Month Close), that being 45%(Pct Range) off of 4050.00(Month Low) to 4816.40(Month High).

In comparing the February/March closes for each of the last 14 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in March than February in 10(Cond Years) of those years. Of those 10, the #NDX went on to exceed the March high within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the the #NDX should exceed 4816.40(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 5179.63(Average Objective).

S & P Midcap 400 Index

The #MID(Mkt) ended Higher(Cond) for March(Month). Compared to February's 461.48(Prev Close), the market ended March at (Month Close), that being 89%(Pct Range) off of 452.92(Month Low) to 505.63(Month High).

In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed higher in March than February in 15(Cond Years) of those years. Of those 15, the #MID went on to exceed the March 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 the #MID should exceed 505.63(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 531.84(Average Objective).

Value-Line Index

The #VLE(Mkt) ended Higher(Cond) for March(Month). Compared to February's 982.70(Prev Close), the market ended March at (Month Close), that being 98%(Pct Range) off of 899.50(Month Low) to 1070.20(Month High).

In comparing the February/March closes for each of the last 17 years(Total Years), Scenario found that the Value-Line Index also closed higher in March than February in 13(Cond Years) of those years. Of those 13, the #VLE went on to exceed the March high within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the the #VLE should exceed 1070.20(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 1121.01(Average Objective).

Nikkei 225 Index

The #SSNI(Mkt) ended Higher(Cond) for March(Month). Compared to February's 19960.00(Prev Close), the market ended March at (Month Close), that being 77%(Pct Range) off of 18766.00(Month Low) to 20810.00(Month High).

In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in March than February in 10(Cond Years) of those years. Of those 10, the #SSNI went on to exceed the March high within the next 2 months in 10 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #SSNI should exceed 20810.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 21959.03(Average Objective).

Toronto 35 Index

The #T35(Mkt) ended Higher(Cond) for March(Month). Compared to February's 483.81(Prev Close), the market ended March at (Month Close), that being 55%(Pct Range) off of 483.81(Month Low) to 536.13(Month High).

In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the Toronto 35 Index also closed higher in March than February in 11(Cond Years) of those years. Of those 11, the #T35 went on to exceed the March 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 the #T35 should exceed 536.13(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 561.65(Average Objective).

S & P 500 Stock Index

The #SP(Mkt) ended Higher(Cond) for March(Month). Compared to February's 1366.40(Prev Close), the market ended March at (Month Close), that being 74%(Pct Range) off of 1346.60(Month Low) to 1552.85(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed higher in March than February in 30(Cond Years) of those years. Of those 30, the #SP went on to exceed the March high within the next 2 months in 26 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the the #SP should exceed 1552.85(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 26 years) a potential move toward 1632.27(Average Objective).

June S & P 500(CME)

The SPM⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 1390.10(Prev Close), the market ended March at (Month Close), that being 72%(Pct Range) off of 1367.00(Month Low) to 1574.00(Month High).

In comparing the February/March closes for each of the last 17 years(Total Years), Scenario found that the June S & P 500(CME) also closed higher in March than February in 12(Cond Years) of those years. Of those 12, SPM went on to exceed the March high within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the SPM should exceed 1574.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 1651.57(Average Objective).

September S & P 500(CME)

The SPU⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 1409.10(Prev Close), the market ended March at (Month Close), that being 72%(Pct Range) off of 1387.70(Month Low) to 1595.00(Month High).

In comparing the February/March closes for each of the last 17 years(Total Years), Scenario found that the September S & P 500(CME) also closed higher in March than February in 12(Cond Years) of those years. Of those 12, SPU went on to exceed the March high within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the SPU should exceed 1595.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 1672.83(Average Objective).

June NASDAQ 100(CME)

The NDM⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 4362.00(Prev Close), the market ended March at (Month Close), that being 45%(Pct Range) off of 4110.00(Month Low) to 4882.00(Month High).

In comparing the February/March closes for each of the last 3 years(Total Years), Scenario found that the June NASDAQ 100(CME) also closed higher in March than February in 2(Cond Years) of those years. Of those 2, NDM went on to exceed the March high within the next 2 months in 2 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NDM should exceed 4882.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 2 years) a potential move toward 5132.33(Average Objective).

September NASDAQ 100(CME)

The NDU⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 4423.00(Prev Close), the market ended March at (Month Close), that being 48%(Pct Range) off of 4218.50(Month Low) to 4860.00(Month High).

In comparing the February/March closes for each of the last 3 years(Total Years), Scenario found that the September NASDAQ 100(CME) also closed higher in March than February in 2(Cond Years) of those years. Of those 2, NDU went on to exceed the March high within the next 2 months in 2 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NDU should exceed 4860.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 2 years) a potential move toward 5099.78(Average Objective).

September NYSE Composite(NYBOT)

The YXU⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 610.50(Prev Close), the market ended March at (Month Close), that being 88%(Pct Range) off of 600.00(Month Low) to 669.60(Month High).

In comparing the February/March closes for each of the last 16 years(Total Years), Scenario found that the September NYSE Composite(NYBOT) also closed higher in March than February in 11(Cond Years) of those years. Of those 11, YXU went on to exceed the March 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 YXU should exceed 669.60(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 701.49(Average Objective).

June Swiss Franc(IMM)

The SFM⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 60.86(Prev Close), the market ended March at (Month Close), that being 30%(Pct Range) off of 59.89(Month Low) to 62.08(Month High).

In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the June Swiss Franc(IMM) also closed lower in March than February in 11(Cond Years) of those years. Of those 11, SFM went on to penetrate the March low within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the SFM should penetrate 59.89(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 57.76(Average Objective).

September Swiss Franc(IMM)

The SFU⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 61.39(Prev Close), the market ended March at (Month Close), that being 31%(Pct Range) off of 60.42(Month Low) to 62.50(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the September Swiss Franc(IMM) also closed lower in March than February in 12(Cond Years) of those years. Of those 12, SFU went on to penetrate the March low within the next 2 months in 12 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the SFU should penetrate 60.42(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 58.31(Average Objective).

June Deutsche Mark(IMM)

The DMM⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 49.78(Prev Close), the market ended March at (Month Close), that being 24%(Pct Range) off of 48.52(Month Low) to 50.98(Month High).

In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the June Deutsche Mark(IMM) also closed lower in March than February in 10(Cond Years) of those years. Of those 10, DMM went on to penetrate the March low within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the DMM should penetrate 48.52(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 47.16(Average Objective).

September Deutsche Mark(IMM)

The DMU⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 50.10(Prev Close), the market ended March at (Month Close), that being 18%(Pct Range) off of 49.19(Month Low) to 50.50(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the September Deutsche Mark(IMM) also closed lower in March than February in 11(Cond Years) of those years. Of those 11, DMU went on to penetrate the March low within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the DMU should penetrate 49.19(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 47.87(Average Objective).

June Japanese Yen(IMM)

The JYM⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 92.49(Prev Close), the market ended March at (Month Close), that being 95%(Pct Range) off of 94.00(Month Low) to 99.36(Month High).

In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the June Japanese Yen(IMM) also closed higher in March than February in 11(Cond Years) of those years. Of those 11, JYM went on to exceed the March 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 JYM should exceed 99.36(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 102.74(Average Objective).

September Japanese Yen(IMM)

The JYU⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 93.97(Prev Close), the market ended March at (Month Close), that being 98%(Pct Range) off of 95.62(Month Low) to 100.76(Month High).

In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the September Japanese Yen(IMM) also closed higher in March than February in 11(Cond Years) of those years. Of those 11, JYU went on to exceed the March 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 JYU should exceed 100.76(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 104.19(Average Objective).

June Gold(CMX)

The GCM⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 296.6(Prev Close), the market ended March at (Month Close), that being 19%(Pct Range) off of 277.5(Month Low) to 298.1(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the June Gold(CMX) also closed lower in March than February in 16(Cond Years) of those years. Of those 16, GCM went on to penetrate the March 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 GCM should penetrate 277.5(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 265.3(Average Objective).

August Gold(CMX)

The GCQ⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 299.2(Prev Close), the market ended March at (Month Close), that being 18%(Pct Range) off of 280.6(Month Low) to 300.0(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the August Gold(CMX) also closed lower in March than February in 16(Cond Years) of those years. Of those 16, GCQ went on to penetrate the March 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 GCQ should penetrate 280.6(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 268.3(Average Objective).

May Silver(CMX)

The SIK⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 510.8(Prev Close), the market ended March at (Month Close), that being 43%(Pct Range) off of 492.0(Month Low) to 521.0(Month High).

In comparing the February/March closes for each of the last 36 years(Total Years), Scenario found that the May Silver(CMX) also closed lower in March than February in 19(Cond Years) of those years. Of those 19, SIK went on to penetrate the March low within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the SIK should penetrate 492.0(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 446.9(Average Objective).

June Crude Oil(NYM)

The CLM⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 27.68(Prev Close), the market ended March at (Month Close), that being 15%(Pct Range) off of 25.60(Month Low) to 30.66(Month High).

In comparing the February/March closes for each of the last 16 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed lower in March than February in 4(Cond Years) of those years. Of those 4, CLM went on to penetrate the March low within the next 2 months in 4 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the CLM should penetrate 25.60(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 4 years) a potential move toward 22.94(Average Objective).

August Unleaded Gas(NYM)

The HUQ⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 77.40(Prev Close), the market ended March at (Month Close), that being 10%(Pct Range) off of 75.50(Month Low) to 84.80(Month High).

In comparing the February/March closes for each of the last 14 years(Total Years), Scenario found that the August Unleaded Gas(NYM) also closed lower in March than February in 2(Cond Years) of those years. Of those 2, HUQ went on to penetrate the March 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 HUQ should penetrate 75.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 2 years) a potential move toward 72.24(Average Objective).

September Unleaded Gas(NYM)

The HUU⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 74.30(Prev Close), the market ended March at (Month Close), that being 15%(Pct Range) off of 73.10(Month Low) to 81.50(Month High).

In comparing the February/March closes for each of the last 14 years(Total Years), Scenario found that the September Unleaded Gas(NYM) also closed higher in March than February in 12(Cond Years) of those years. Of those 12, HUU went on to exceed the March high within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the HUU should exceed 81.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 86.85(Average Objective).

November Soybeans(CBOT)

The SX⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 527.75(Prev Close), the market ended March at (Month Close), that being 96%(Pct Range) off of 520.00(Month Low) to 570.50(Month High).

In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed higher in March than February in 22(Cond Years) of those years. Of those 22, SX went on to exceed the March 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 SX should exceed 570.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 600.78(Average Objective).

July Soybean Oil(CBOT)

The BON⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 16.15(Prev Close), the market ended March at (Month Close), that being 95%(Pct Range) off of 16.09(Month Low) to 18.83(Month High).

In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed higher in March than February in 19(Cond Years) of those years. Of those 19, BON went on to exceed the March 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 BON should exceed 18.83(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 20.73(Average Objective).

August Soybean Oil(CBOT)

The BOQ⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 16.31(Prev Close), the market ended March at (Month Close), that being 99%(Pct Range) off of 16.27(Month Low) to 18.90(Month High).

In comparing the February/March closes for each of the last 38 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed higher in March than February in 20(Cond Years) of those years. Of those 20, BOQ went on to exceed the March 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 BOQ should exceed 18.90(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 20.94(Average Objective).

October Soybean Oil(CBOT)

The BOV⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 16.61(Prev Close), the market ended March at (Month Close), that being 100%(Pct Range) off of 16.57(Month Low) to 19.19(Month High).

In comparing the February/March closes for each of the last 39 years(Total Years), Scenario found that the October Soybean Oil(CBOT) also closed higher in March than February in 23(Cond Years) of those years. Of those 23, BOV went on to exceed the March 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 BOV should exceed 19.19(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 20.90(Average Objective).

December Soybean Oil(CBOT)

The BOZ⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 16.98(Prev Close), the market ended March at (Month Close), that being 98%(Pct Range) off of 16.90(Month Low) to 19.55(Month High).

In comparing the February/March closes for each of the last 38 years(Total Years), Scenario found that the December Soybean Oil(CBOT) also closed higher in March than February in 25(Cond Years) of those years. Of those 25, BOZ went on to exceed the March high within the next 2 months in 24 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the BOZ should exceed 19.55(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 21.22(Average Objective).

May Corn(CBOT)

The CK⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 224.00(Prev Close), the market ended March at (Month Close), that being 71%(Pct Range) off of 222.00(Month Low) to 241.75(Month High).

In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the May Corn(CBOT) also closed higher in March than February in 22(Cond Years) of those years. Of those 22, CK went on to exceed the March 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 CK should exceed 241.75(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 251.94(Average Objective).

July Corn(CBOT)

The CN⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 232.25(Prev Close), the market ended March at (Month Close), that being 74%(Pct Range) off of 230.25(Month Low) to 249.50(Month High).

In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the July Corn(CBOT) also closed higher in March than February in 21(Cond Years) of those years. Of those 21, CN went on to exceed the March 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 CN should exceed 249.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 261.35(Average Objective).

September Corn(CBOT)

The CU⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 239.75(Prev Close), the market ended March at (Month Close), that being 78%(Pct Range) off of 237.75(Month Low) to 256.00(Month High).

In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the September Corn(CBOT) also closed higher in March than February in 24(Cond Years) of those years. Of those 24, CU went on to exceed the March 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 CU should exceed 256.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 270.39(Average Objective).

June Live Cattle(CME)

The LCM⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 68.650(Prev Close), the market ended March at (Month Close), that being 25%(Pct Range) off of 68.550(Month Low) to 70.250(Month High).

In comparing the February/March closes for each of the last 35 years(Total Years), Scenario found that the June Live Cattle(CME) also closed higher in March than February in 21(Cond Years) of those years. Of those 21, LCM went on to exceed the March 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 LCM should exceed 70.250(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 76.471(Average Objective).

August Live Cattle(CME)

The LCQ⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 69.575(Prev Close), the market ended March at (Month Close), that being 55%(Pct Range) off of 68.850(Month Low) to 70.450(Month High).

In comparing the February/March closes for each of the last 35 years(Total Years), Scenario found that the August Live Cattle(CME) also closed higher in March than February in 20(Cond Years) of those years. Of those 20, LCQ went on to exceed the March 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 LCQ should exceed 70.450(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 75.481(Average Objective).

October Live Cattle(CME)

The LCV⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 72.000(Prev Close), the market ended March at (Month Close), that being 57%(Pct Range) off of 71.700(Month Low) to 73.100(Month High).

In comparing the February/March closes for each of the last 35 years(Total Years), Scenario found that the October Live Cattle(CME) also closed higher in March than February in 17(Cond Years) of those years. Of those 17, LCV went on to exceed the March 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 LCV should exceed 73.100(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 76.121(Average Objective).

December Live Cattle(CME)

The LCZ⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 73.025(Prev Close), the market ended March at (Month Close), that being 77%(Pct Range) off of 73.025(Month Low) to 74.450(Month High).

In comparing the February/March closes for each of the last 35 years(Total Years), Scenario found that the December Live Cattle(CME) also closed higher in March than February in 19(Cond Years) of those years. Of those 19, LCZ went on to exceed the March 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 LCZ should exceed 74.450(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 77.369(Average Objective).

May Feeder Cattle(CME)

The FCK⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 84.550(Prev Close), the market ended March at (Month Close), that being 39%(Pct Range) off of 82.775(Month Low) to 85.750(Month High).

In comparing the February/March closes for each of the last 28 years(Total Years), Scenario found that the May Feeder Cattle(CME) also closed lower in March than February in 14(Cond Years) of those years. Of those 14, FCK went on to penetrate the March low within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the FCK should penetrate 82.775(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 77.242(Average Objective).

August Feeder Cattle(CME)

The FCQ⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 86.400(Prev Close), the market ended March at (Month Close), that being 53%(Pct Range) off of 84.825(Month Low) to 87.400(Month High).

In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed lower in March than February in 13(Cond Years) of those years. Of those 13, FCQ went on to penetrate the March low within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the FCQ should penetrate 84.825(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 79.826(Average Objective).

June Lean Hogs(CME)

The LEM⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 66.975(Prev Close), the market ended March at (Month Close), that being 92%(Pct Range) off of 66.550(Month Low) to 73.750(Month High).

In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed higher in March than February in 19(Cond Years) of those years. Of those 19, LEM went on to exceed the March 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 LEM should exceed 73.750(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 81.776(Average Objective).

July Lean Hogs(CME)

The LEN⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 65.375(Prev Close), the market ended March at (Month Close), that being 99%(Pct Range) off of 64.950(Month Low) to 71.375(Month High).

In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, LEN went on to exceed the March 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 LEN should exceed 71.375(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 78.336(Average Objective).

August Lean Hogs(CME)

The LEQ⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 63.300(Prev Close), the market ended March at (Month Close), that being 93%(Pct Range) off of 62.900(Month Low) to 68.950(Month High).

In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the August Lean Hogs(CME) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, LEQ went on to exceed the March 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 LEQ should exceed 68.950(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 76.258(Average Objective).

September Orange Juice(NYBOT)

The JOU⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 82.30(Prev Close), the market ended March at (Month Close), that being 26%(Pct Range) off of 80.50(Month Low) to 85.20(Month High).

In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the September Orange Juice(NYBOT) also closed lower in March than February in 14(Cond Years) of those years. Of those 14, JOU went on to penetrate the March low within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the JOU should penetrate 80.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 74.91(Average Objective).

September Coffee "C"(NYBOT)

The KCU⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 105.45(Prev Close), the market ended March at (Month Close), that being 32%(Pct Range) off of 106.20(Month Low) to 114.80(Month High).

In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the September Coffee "C"(NYBOT) also closed higher in March than February in 14(Cond Years) of those years. Of those 14, KCU went on to exceed the March 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 KCU should exceed 114.80(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 132.96(Average Objective).

October Sugar #11(NYBOT)

The SBV⁰(Mkt) ended Higher(Cond) for March(Month). Compared to February's 5.70(Prev Close), the market ended March at (Month Close), that being 85%(Pct Range) off of 5.60(Month Low) to 6.13(Month High).

In comparing the February/March closes for each of the last 36 years(Total Years), Scenario found that the October Sugar #11(NYBOT) also closed higher in March than February in 16(Cond Years) of those years. Of those 16, SBV went on to exceed the March 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 SBV should exceed 6.13(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 6.62(Average Objective).

May Lumber(CME)

The LBK⁰(Mkt) ended Lower(Cond) for March(Month). Compared to February's 335.2(Prev Close), the market ended March at (Month Close), that being 26%(Pct Range) off of 317.0(Month Low) to 346.6(Month High).

In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the May Lumber(CME) also closed lower in March than February in 13(Cond Years) of those years. Of those 13, LBK went on to penetrate the March low within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the LBK should penetrate 317.0(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 284.1(Average Objective).