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MRCI's ScenarioSM Summary

Copyright © 2001 Moore Research Center, Inc. All Rights Reserved.
Some data provided by Prophetfinance.com
ScenarioSM Summary Feb 28, 2001
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
#UTIL Higher Feb 372.32 399.12 363.21 386.22 64% 31 9 8 89% 399.12 414.27 386.22
#T35 Lower Feb 585.00 595.39 528.81 542.79 21% 19 10 9 90% Yes 502.85 542.79
NDM1 Lower Feb 2641.00 2658.50 1905.00 1937.50 4% 4 2 2 100% 1905.00 1857.38 1937.50
TYM1 Higher Feb 104~290 105~310 103~250 105~300 99% 18 8 7 88% 105~310 108~034 105~300
EDU1 Higher Feb 95.185 95.400 94.875 95.360 92% 18 8 7 88% 95.400 95.755 95.360
SFM1 Lower Feb 61.40 62.01 59.20 60.17 35% 25 13 12 92% 59.20 56.96 60.17
GCJ1 Lower Feb 268.0 270.8 256.0 267.8 80% 26 15 13 87% 256.0 242.5 267.8
GCM1 Lower Feb 270.1 273.2 258.2 269.8 77% 26 15 13 87% 258.2 243.6 269.8
GCQ1 Lower Feb 271.9 274.6 259.5 271.4 79% 26 16 14 88% 259.5 245.8 271.4
CLK1 Higher Feb 27.41 30.86 27.35 27.50 4% 17 8 7 88% 30.86 34.22 27.50
CLM1 Higher Feb 26.99 30.13 27.00 27.36 12% 17 8 7 88% 30.13 33.14 27.36
CLN1 Higher Feb 26.59 29.45 26.65 27.11 16% 17 8 7 88% 29.45 32.09 27.11
CLQ1 Higher Feb 26.20 28.83 26.20 26.82 24% 17 8 7 88% 28.83 31.22 26.82
HUK1 Higher Feb 86.03 96.25 86.00 86.30 3% 15 4 4 100% 96.25 112.60 86.30
HUM1 Higher Feb 84.33 94.10 84.50 85.15 7% 15 4 4 100% 94.10 106.29 85.15
HUN1 Higher Feb 82.18 91.20 82.60 83.50 10% 15 4 4 100% 91.20 102.72 83.50
BON1 Higher Feb 15.33 16.49 15.11 16.28 85% 41 22 19 86% 16.49 18.14 16.28
BOQ1 Higher Feb 15.46 16.60 15.30 16.41 85% 39 21 18 86% 16.60 18.23 16.41
BOV1 Higher Feb 15.83 16.95 15.68 16.85 92% 40 21 18 86% 16.95 18.37 16.85
BOZ1 Higher Feb 16.17 17.30 16.00 17.20 92% 37 19 17 89% 17.30 18.70 17.20
KWK1 Lower Feb 328.75 329.75 314.50 321.50 46% 24 15 13 87% 314.50 298.52 321.50
LCJ1 Higher Feb 76.825 81.575 77.000 81.385 96% 33 22 19 86% 81.575 87.041 81.385
LCM1 Higher Feb 71.575 74.000 71.700 73.950 98% 36 21 18 86% 74.000 78.556 73.950
LEM1 Higher Feb 63.700 67.400 62.850 67.150 95% 31 14 13 93% 67.400 73.441 67.150
LEN1 Higher Feb 61.400 64.400 61.025 63.880 85% 31 13 11 85% 64.400 70.341 63.880
PBK1 Higher Feb 69.050 80.625 67.300 78.050 81% 36 12 11 92% 80.625 92.835 78.050
PBN1 Higher Feb 70.000 81.100 67.500 78.950 84% 36 12 11 92% 81.100 93.374 78.950
PBQ1 Higher Feb 70.500 79.100 67.950 77.800 88% 38 12 11 92% 79.100 91.666 77.800
SBV1 Lower Feb 8.70 8.94 7.86 8.15 27% 37 19 16 84% 7.86 6.59 8.15
LBK1 Lower Feb 236.4 241.6 213.9 219.8 21% 27 15 13 87% 213.9 196.3 219.8
LBU1 Lower Feb 250.5 255.4 237.3 242.2 27% 28 15 13 87% 237.3 221.6 242.2


Dow Jones Utilities
The #UTIL(Mkt) ended Higher(Cond) for February(Month). Compared to January's 372.32(Prev Close), the market ended February at (Month Close), that being 64%(Pct Range) off of 363.21(Month Low) to 399.12(Month High).

In comparing the January/February closes for each of the last 31 years(Total Years), Scenario found that the Dow Jones Utilities also closed higher in February than January in 9(Cond Years) of those years. Of those 9, the #UTIL went on to exceed the February 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 the #UTIL should exceed 399.12(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 414.27(Average Objective).

Toronto 35 Index
The #T35(Mkt) ended Lower(Cond) for February(Month). Compared to January's 585.00(Prev Close), the market ended February at (Month Close), that being 21%(Pct Range) off of 528.81(Month Low) to 595.39(Month High).

In comparing the January/February closes for each of the last 19 years(Total Years), Scenario found that the Toronto 35 Index also closed lower in February than January in 10(Cond Years) of those years. Of those 10, the #T35 went on to penetrate the February 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 the #T35 should penetrate 528.81(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 502.85(Average Objective).

June NASDAQ 100(CME)
The NDM1(Mkt) ended Lower(Cond) for February(Month). Compared to January's 2641.00(Prev Close), the market ended February at (Month Close), that being 4%(Pct Range) off of 1905.00(Month Low) to 2658.50(Month High).

In comparing the January/February closes for each of the last 4 years(Total Years), Scenario found that the June NASDAQ 100(CME) also closed lower in February than January in 2(Cond Years) of those years. Of those 2, NDM went on to penetrate the February 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 NDM should penetrate 1905.00(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 2 years) a potential move toward 1857.38(Average Objective).

June 10-Year T-Notes(CBOT)
The TYM1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 104~290(Prev Close), the market ended February at (Month Close), that being 99%(Pct Range) off of 103~250(Month Low) to 105~310(Month High).

In comparing the January/February closes for each of the last 18 years(Total Years), Scenario found that the June 10-Year T-Notes(CBOT) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, TYM went on to exceed the February high within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the TYM should exceed 105~310(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 108~034(Average Objective).

September Eurodollars(IMM)
The EDU1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 95.185(Prev Close), the market ended February at (Month Close), that being 92%(Pct Range) off of 94.875(Month Low) to 95.400(Month High).

In comparing the January/February closes for each of the last 18 years(Total Years), Scenario found that the September Eurodollars(IMM) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, EDU went on to exceed the February high within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the EDU should exceed 95.400(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 95.755(Average Objective).

June Swiss Franc(IMM)
The SFM1(Mkt) ended Lower(Cond) for February(Month). Compared to January's 61.40(Prev Close), the market ended February at (Month Close), that being 35%(Pct Range) off of 59.20(Month Low) to 62.01(Month High).

In comparing the January/February closes for each of the last 25 years(Total Years), Scenario found that the June Swiss Franc(IMM) also closed lower in February than January in 13(Cond Years) of those years. Of those 13, SFM went on to penetrate the February 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 SFM should penetrate 59.20(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 56.96(Average Objective).

April Gold(CMX)
The GCJ1(Mkt) ended Lower(Cond) for February(Month). Compared to January's 268.0(Prev Close), the market ended February at (Month Close), that being 80%(Pct Range) off of 256.0(Month Low) to 270.8(Month High).

In comparing the January/February closes for each of the last 26 years(Total Years), Scenario found that the April Gold(CMX) also closed lower in February than January in 15(Cond Years) of those years. Of those 15, GCJ went on to penetrate the February 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 GCJ should penetrate 256.0(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 242.5(Average Objective).

June Gold(CMX)
The GCM1(Mkt) ended Lower(Cond) for February(Month). Compared to January's 270.1(Prev Close), the market ended February at (Month Close), that being 77%(Pct Range) off of 258.2(Month Low) to 273.2(Month High).

In comparing the January/February closes for each of the last 26 years(Total Years), Scenario found that the June Gold(CMX) also closed lower in February than January in 15(Cond Years) of those years. Of those 15, GCM went on to penetrate the February 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 GCM should penetrate 258.2(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 243.6(Average Objective).

August Gold(CMX)
The GCQ1(Mkt) ended Lower(Cond) for February(Month). Compared to January's 271.9(Prev Close), the market ended February at (Month Close), that being 79%(Pct Range) off of 259.5(Month Low) to 274.6(Month High).

In comparing the January/February closes for each of the last 26 years(Total Years), Scenario found that the August Gold(CMX) also closed lower in February than January in 16(Cond Years) of those years. Of those 16, GCQ went on to penetrate the February 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 259.5(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 245.8(Average Objective).

May Crude Oil(NYM)
The CLK1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 27.41(Prev Close), the market ended February at (Month Close), that being 4%(Pct Range) off of 27.35(Month Low) to 30.86(Month High).

In comparing the January/February closes for each of the last 17 years(Total Years), Scenario found that the May Crude Oil(NYM) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, CLK went on to exceed the February high within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CLK should exceed 30.86(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 34.22(Average Objective).

June Crude Oil(NYM)
The CLM1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 26.99(Prev Close), the market ended February at (Month Close), that being 12%(Pct Range) off of 27.00(Month Low) to 30.13(Month High).

In comparing the January/February closes for each of the last 17 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, CLM went on to exceed the February high within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CLM should exceed 30.13(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 33.14(Average Objective).

July Crude Oil(NYM)
The CLN1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 26.59(Prev Close), the market ended February at (Month Close), that being 16%(Pct Range) off of 26.65(Month Low) to 29.45(Month High).

In comparing the January/February closes for each of the last 17 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, CLN went on to exceed the February high within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CLN should exceed 29.45(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 32.09(Average Objective).

August Crude Oil(NYM)
The CLQ1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 26.20(Prev Close), the market ended February at (Month Close), that being 24%(Pct Range) off of 26.20(Month Low) to 28.83(Month High).

In comparing the January/February closes for each of the last 17 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, CLQ went on to exceed the February high within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CLQ should exceed 28.83(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 31.22(Average Objective).

May Unleaded Gas(NYM)
The HUK1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 86.03(Prev Close), the market ended February at (Month Close), that being 3%(Pct Range) off of 86.00(Month Low) to 96.25(Month High).

In comparing the January/February closes for each of the last 15 years(Total Years), Scenario found that the May Unleaded Gas(NYM) also closed higher in February than January in 4(Cond Years) of those years. Of those 4, HUK went on to exceed the February high within the next 2 months in 4 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HUK should exceed 96.25(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 4 years) a potential move toward 112.60(Average Objective).

June Unleaded Gas(NYM)
The HUM1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 84.33(Prev Close), the market ended February at (Month Close), that being 7%(Pct Range) off of 84.50(Month Low) to 94.10(Month High).

In comparing the January/February closes for each of the last 15 years(Total Years), Scenario found that the June Unleaded Gas(NYM) also closed higher in February than January in 4(Cond Years) of those years. Of those 4, HUM went on to exceed the February high within the next 2 months in 4 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HUM should exceed 94.10(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 4 years) a potential move toward 106.29(Average Objective).

July Unleaded Gas(NYM)
The HUN1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 82.18(Prev Close), the market ended February at (Month Close), that being 10%(Pct Range) off of 82.60(Month Low) to 91.20(Month High).

In comparing the January/February closes for each of the last 15 years(Total Years), Scenario found that the July Unleaded Gas(NYM) also closed higher in February than January in 4(Cond Years) of those years. Of those 4, HUN went on to exceed the February high within the next 2 months in 4 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HUN should exceed 91.20(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 4 years) a potential move toward 102.72(Average Objective).

July Soybean Oil(CBOT)
The BON1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 15.33(Prev Close), the market ended February at (Month Close), that being 85%(Pct Range) off of 15.11(Month Low) to 16.49(Month High).

In comparing the January/February closes for each of the last 41 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed higher in February than January in 22(Cond Years) of those years. Of those 22, BON went on to exceed the February 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 BON should exceed 16.49(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 18.14(Average Objective).

August Soybean Oil(CBOT)
The BOQ1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 15.46(Prev Close), the market ended February at (Month Close), that being 85%(Pct Range) off of 15.30(Month Low) to 16.60(Month High).

In comparing the January/February closes for each of the last 39 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed higher in February than January in 21(Cond Years) of those years. Of those 21, BOQ went on to exceed the February 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 BOQ should exceed 16.60(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 18.23(Average Objective).

October Soybean Oil(CBOT)
The BOV1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 15.83(Prev Close), the market ended February at (Month Close), that being 92%(Pct Range) off of 15.68(Month Low) to 16.95(Month High).

In comparing the January/February closes for each of the last 40 years(Total Years), Scenario found that the October Soybean Oil(CBOT) also closed higher in February than January in 21(Cond Years) of those years. Of those 21, BOV went on to exceed the February 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 BOV should exceed 16.95(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 18.37(Average Objective).

December Soybean Oil(CBOT)
The BOZ1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 16.17(Prev Close), the market ended February at (Month Close), that being 92%(Pct Range) off of 16.00(Month Low) to 17.30(Month High).

In comparing the January/February closes for each of the last 37 years(Total Years), Scenario found that the December Soybean Oil(CBOT) also closed higher in February than January in 19(Cond Years) of those years. Of those 19, BOZ went on to exceed the February 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 BOZ should exceed 17.30(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 18.70(Average Objective).

May Wheat(KCBT)
The KWK1(Mkt) ended Lower(Cond) for February(Month). Compared to January's 328.75(Prev Close), the market ended February at (Month Close), that being 46%(Pct Range) off of 314.50(Month Low) to 329.75(Month High).

In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the May Wheat(KCBT) also closed lower in February than January in 15(Cond Years) of those years. Of those 15, KWK went on to penetrate the February 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 KWK should penetrate 314.50(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 298.52(Average Objective).

April Live Cattle(CME)
The LCJ1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 76.825(Prev Close), the market ended February at (Month Close), that being 96%(Pct Range) off of 77.000(Month Low) to 81.575(Month High).

In comparing the January/February closes for each of the last 33 years(Total Years), Scenario found that the April Live Cattle(CME) also closed higher in February than January in 22(Cond Years) of those years. Of those 22, LCJ went on to exceed the February 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 LCJ should exceed 81.575(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 87.041(Average Objective).

June Live Cattle(CME)
The LCM1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 71.575(Prev Close), the market ended February at (Month Close), that being 98%(Pct Range) off of 71.700(Month Low) to 74.000(Month High).

In comparing the January/February closes for each of the last 36 years(Total Years), Scenario found that the June Live Cattle(CME) also closed higher in February than January in 21(Cond Years) of those years. Of those 21, LCM went on to exceed the February 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 74.000(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 78.556(Average Objective).

June Lean Hogs(CME)
The LEM1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 63.700(Prev Close), the market ended February at (Month Close), that being 95%(Pct Range) off of 62.850(Month Low) to 67.400(Month High).

In comparing the January/February closes for each of the last 31 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed higher in February than January in 14(Cond Years) of those years. Of those 14, LEM went on to exceed the February 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 LEM should exceed 67.400(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 73.441(Average Objective).

July Lean Hogs(CME)
The LEN1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 61.400(Prev Close), the market ended February at (Month Close), that being 85%(Pct Range) off of 61.025(Month Low) to 64.400(Month High).

In comparing the January/February closes for each of the last 31 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed higher in February than January in 13(Cond Years) of those years. Of those 13, LEN went on to exceed the February 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 LEN should exceed 64.400(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 70.341(Average Objective).

May Pork Bellies(CME)
The PBK1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 69.050(Prev Close), the market ended February at (Month Close), that being 81%(Pct Range) off of 67.300(Month Low) to 80.625(Month High).

In comparing the January/February closes for each of the last 36 years(Total Years), Scenario found that the May Pork Bellies(CME) also closed higher in February than January in 12(Cond Years) of those years. Of those 12, PBK went on to exceed the February 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 PBK should exceed 80.625(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 92.835(Average Objective).

July Pork Bellies(CME)
The PBN1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 70.000(Prev Close), the market ended February at (Month Close), that being 84%(Pct Range) off of 67.500(Month Low) to 81.100(Month High).

In comparing the January/February closes for each of the last 36 years(Total Years), Scenario found that the July Pork Bellies(CME) also closed higher in February than January in 12(Cond Years) of those years. Of those 12, PBN went on to exceed the February 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 PBN should exceed 81.100(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 93.374(Average Objective).

August Pork Bellies(CME)
The PBQ1(Mkt) ended Higher(Cond) for February(Month). Compared to January's 70.500(Prev Close), the market ended February at (Month Close), that being 88%(Pct Range) off of 67.950(Month Low) to 79.100(Month High).

In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the August Pork Bellies(CME) also closed higher in February than January in 12(Cond Years) of those years. Of those 12, PBQ went on to exceed the February 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 PBQ should exceed 79.100(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 91.666(Average Objective).

October Sugar #11(NYBOT)
The SBV1(Mkt) ended Lower(Cond) for February(Month). Compared to January's 8.70(Prev Close), the market ended February at (Month Close), that being 27%(Pct Range) off of 7.86(Month Low) to 8.94(Month High).

In comparing the January/February closes for each of the last 37 years(Total Years), Scenario found that the October Sugar #11(NYBOT) also closed lower in February than January in 19(Cond Years) of those years. Of those 19, SBV went on to penetrate the February 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 SBV should penetrate 7.86(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 6.59(Average Objective).

May Lumber(CME)
The LBK1(Mkt) ended Lower(Cond) for February(Month). Compared to January's 236.4(Prev Close), the market ended February at (Month Close), that being 21%(Pct Range) off of 213.9(Month Low) to 241.6(Month High).

In comparing the January/February closes for each of the last 27 years(Total Years), Scenario found that the May Lumber(CME) also closed lower in February than January in 15(Cond Years) of those years. Of those 15, LBK went on to penetrate the February 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 LBK should penetrate 213.9(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 196.3(Average Objective).

September Lumber(CME)
The LBU1(Mkt) ended Lower(Cond) for February(Month). Compared to January's 250.5(Prev Close), the market ended February at (Month Close), that being 27%(Pct Range) off of 237.3(Month Low) to 255.4(Month High).

In comparing the January/February closes for each of the last 28 years(Total Years), Scenario found that the September Lumber(CME) also closed lower in February than January in 15(Cond Years) of those years. Of those 15, LBU went on to penetrate the February 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 LBU should penetrate 237.3(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 221.6(Average Objective).