- Value Line Index
- The #VLE(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 1172.30(Prev Close), the market ended March at (Month Close),
that being 29%(Pct Range) off of
1047.50(Month Low) to 1206.80(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the Value Line Index also closed
lower in March than February in 4(Cond Years) of those years.
Of those 4, the #VLE 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 the #VLE should penetrate 1047.50(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 1025.73(Average Objective).
- Nikkei 225 Index
- The #SSNI(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 12884(Prev Close), the market ended March at (Month Close),
that being 67%(Pct Range) off of
11434(Month Low) to 13868(Month High).
In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the Nikkei 225 Index also closed
higher in March than February in 11(Cond Years) of those years.
Of those 11, the #SSNI 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 #SSNI should exceed 13868(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 14565(Average Objective).
- Toronto 35 Index
- The #T35(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 541.88(Prev Close), the market ended March at (Month Close),
that being 9%(Pct Range) off of
492.51(Month Low) to 565.01(Month High).
In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the Toronto 35 Index also closed
lower in March than February in 7(Cond Years) of those years.
Of those 7, the #T35 went on to penetrate the March 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 the #T35 should penetrate 492.51(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 469.25(Average Objective).
- June S & P 500(CME)
- The SPM1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 1255.10(Prev Close), the market ended March at (Month Close),
that being 43%(Pct Range) off of
1088.50(Month Low) to 1283.00(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the June S & P 500(CME) also closed
lower in March than February in 5(Cond Years) of those years.
Of those 5, SPM went on to penetrate the March low within the next 2 months in 5 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the SPM should penetrate 1088.50(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 1057.30(Average Objective).
- September S & P 500(CME)
- The SPU1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 1268.60(Prev Close), the market ended March at (Month Close),
that being 41%(Pct Range) off of
1100.50(Month Low) to 1294.20(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the September S & P 500(CME) also closed
lower in March than February in 5(Cond Years) of those years.
Of those 5, SPU went on to penetrate the March low within the next 2 months in 5 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the SPU should penetrate 1100.50(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 1068.72(Average Objective).
- June NASDAQ 100(CME)
- The NDM1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 1937.50(Prev Close), the market ended March at (Month Close),
that being 9%(Pct Range) off of
1544.00(Month Low) to 2055.00(Month High).
In comparing the February/March closes for each of the last 4 years(Total Years), Scenario found that the June NASDAQ 100(CME) also closed
lower in March than February in 1(Cond Years) of those years.
Of those 1, NDM went on to penetrate the March low within the next 2 months in 1 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NDM should penetrate 1544.00(Scenario Objective) by no later than the end of May.
- September NASDAQ 100(CME)
- The NDU1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 1962.00(Prev Close), the market ended March at (Month Close),
that being 2%(Pct Range) off of
1599.00(Month Low) to 2039.50(Month High).
In comparing the February/March closes for each of the last 4 years(Total Years), Scenario found that the September NASDAQ 100(CME) also closed
lower in March than February in 1(Cond Years) of those years.
Of those 1, NDU went on to penetrate the March low within the next 2 months in 1 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NDU should penetrate 1599.00(Scenario Objective) by no later than the end of May.
- June NYSE Composite(NYBOT)
- The YXM1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 632.70(Prev Close), the market ended March at (Month Close),
that being 49%(Pct Range) off of
553.75(Month Low) to 646.00(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the June NYSE Composite(NYBOT) also closed
lower in March than February in 5(Cond Years) of those years.
Of those 5, YXM went on to penetrate the March low within the next 2 months in 5 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the YXM should penetrate 553.75(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 536.62(Average Objective).
- September NYSE Composite(NYBOT)
- The YXU1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 637.70(Prev Close), the market ended March at (Month Close),
that being 41%(Pct Range) off of
572.15(Month Low) to 650.75(Month High).
In comparing the February/March closes for each of the last 17 years(Total Years), Scenario found that the September NYSE Composite(NYBOT) also closed
lower in March than February in 5(Cond Years) of those years.
Of those 5, YXU went on to penetrate the March low within the next 2 months in 5 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the YXU should penetrate 572.15(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 555.06(Average Objective).
- September 10-Year T-Notes(CBOT)
- The TYU1(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 105~185(Prev Close), the market ended March at (Month Close),
that being 40%(Pct Range) off of
105~010(Month Low) to 106~280(Month High).
In comparing the February/March closes for each of the last 17 years(Total Years), Scenario found that the September 10-Year T-Notes(CBOT) also closed
higher in March than February in 5(Cond Years) of those years.
Of those 5, TYU went on to exceed the March high within the next 2 months in 5 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the TYU should exceed 106~280(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 110~297(Average Objective).
- September Eurodollars(IMM)
- The EDU1(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 95.360(Prev Close), the market ended March at (Month Close),
that being 81%(Pct Range) off of
95.275(Month Low) to 95.790(Month High).
In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the September Eurodollars(IMM) also closed
higher in March than February in 5(Cond Years) of those years.
Of those 5, EDU went on to exceed the March high within the next 2 months in 5 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the EDU should exceed 95.790(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 96.212(Average Objective).
- June Swiss Franc(IMM)
- The SFM1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 60.17(Prev Close), the market ended March at (Month Close),
that being 3%(Pct Range) off of
57.50(Month Low) to 61.24(Month High).
In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the June Swiss Franc(IMM) also closed
lower in March than February in 12(Cond Years) of those years.
Of those 12, SFM 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 SFM should penetrate 57.50(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 55.38(Average Objective).
- September Swiss Franc(IMM)
- The SFU1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 60.41(Prev Close), the market ended March at (Month Close),
that being -4%(Pct Range) off of
57.98(Month Low) to 61.40(Month High).
In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the September Swiss Franc(IMM) also closed
lower in March than February in 13(Cond Years) of those years.
Of those 13, SFU went on to penetrate the March low within the next 2 months in 13 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the SFU should penetrate 57.98(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 55.89(Average Objective).
- June Japanese Yen(IMM)
- The JYM1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 86.36(Prev Close), the market ended March at (Month Close),
that being 0%(Pct Range) off of
80.05(Month Low) to 86.63(Month High).
In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the June Japanese Yen(IMM) also closed
lower in March than February in 12(Cond Years) of those years.
Of those 12, JYM went on to penetrate the March low within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the JYM should penetrate 80.05(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 76.98(Average Objective).
- September Japanese Yen(IMM)
- The JYU1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 87.36(Prev Close), the market ended March at (Month Close),
that being 1%(Pct Range) off of
80.90(Month Low) to 87.55(Month High).
In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the September Japanese Yen(IMM) also closed
lower in March than February in 12(Cond Years) of those years.
Of those 12, JYU went on to penetrate the March low within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the JYU should penetrate 80.90(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 77.89(Average Objective).
- June Gold(CMX)
- The GCM1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 269.8(Prev Close), the market ended March at (Month Close),
that being 4%(Pct Range) off of
258.5(Month Low) to 274.8(Month High).
In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the June Gold(CMX) also closed
lower in March than February in 17(Cond Years) of those years.
Of those 17, GCM went on to penetrate the March low within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the GCM should penetrate 258.5(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 247.3(Average Objective).
- August Gold(CMX)
- The GCQ1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 271.4(Prev Close), the market ended March at (Month Close),
that being 4%(Pct Range) off of
260.0(Month Low) to 276.2(Month High).
In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the August Gold(CMX) also closed
lower in March than February in 17(Cond Years) of those years.
Of those 17, GCQ went on to penetrate the March low within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the GCQ should penetrate 260.0(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 248.7(Average Objective).
- May Silver(CMX)
- The SIK1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 451.5(Prev Close), the market ended March at (Month Close),
that being 2%(Pct Range) off of
429.0(Month Low) to 455.0(Month High).
In comparing the February/March closes for each of the last 37 years(Total Years), Scenario found that the May Silver(CMX) also closed
lower in March than February in 20(Cond Years) of those years.
Of those 20, SIK went on to penetrate the March low within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the SIK should penetrate 429.0(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 392.3(Average Objective).
- July Silver(CMX)
- The SIN1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 455.6(Prev Close), the market ended March at (Month Close),
that being 5%(Pct Range) off of
432.0(Month Low) to 458.5(Month High).
In comparing the February/March closes for each of the last 37 years(Total Years), Scenario found that the July Silver(CMX) also closed
lower in March than February in 19(Cond Years) of those years.
Of those 19, SIN 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 SIN should penetrate 432.0(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 399.5(Average Objective).
- July Platinum(NYM)
- The PLN1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 607.0(Prev Close), the market ended March at (Month Close),
that being 6%(Pct Range) off of
537.0(Month Low) to 606.0(Month High).
In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the July Platinum(NYM) also closed
lower in March than February in 16(Cond Years) of those years.
Of those 16, PLN 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 PLN should penetrate 537.0(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 495.6(Average Objective).
- June Crude Oil(NYM)
- The CLM1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 27.36(Prev Close), the market ended March at (Month Close),
that being 18%(Pct Range) off of
26.00(Month Low) to 29.20(Month High).
In comparing the February/March closes for each of the last 17 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed
lower in March than February in 5(Cond Years) of those years.
Of those 5, CLM went on to penetrate the March low within the next 2 months in 5 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the CLM should penetrate 26.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 23.17(Average Objective).
- June Heating Oil(NYM)
- The HOM1(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 69.01(Prev Close), the market ended March at (Month Close),
that being 44%(Pct Range) off of
66.79(Month Low) to 73.15(Month High).
In comparing the February/March closes for each of the last 21 years(Total Years), Scenario found that the June Heating Oil(NYM) also closed
higher in March than February in 14(Cond Years) of those years.
Of those 14, HOM went on to exceed the March 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 HOM should exceed 73.15(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 79.64(Average Objective).
- July Heating Oil(NYM)
- The HON1(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 69.26(Prev Close), the market ended March at (Month Close),
that being 42%(Pct Range) off of
67.29(Month Low) to 73.40(Month High).
In comparing the February/March closes for each of the last 21 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed
higher in March than February in 14(Cond Years) of those years.
Of those 14, HON went on to exceed the March 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 HON should exceed 73.40(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 79.29(Average Objective).
- August Heating Oil(NYM)
- The HOQ1(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 69.66(Prev Close), the market ended March at (Month Close),
that being 42%(Pct Range) off of
67.94(Month Low) to 73.50(Month High).
In comparing the February/March closes for each of the last 21 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed
higher in March than February in 14(Cond Years) of those years.
Of those 14, HOQ went on to exceed the March 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 HOQ should exceed 73.50(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 79.13(Average Objective).
- June Unleaded Gas(NYM)
- The HUM1(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 85.15(Prev Close), the market ended March at (Month Close),
that being 76%(Pct Range) off of
84.10(Month Low) to 91.75(Month High).
In comparing the February/March closes for each of the last 15 years(Total Years), Scenario found that the June Unleaded Gas(NYM) also closed
higher in March than February in 12(Cond Years) of those years.
Of those 12, HUM 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 HUM should exceed 91.75(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 100.18(Average Objective).
- August Soybean Oil(CBOT)
- The BOQ1(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 16.41(Prev Close), the market ended March at (Month Close),
that being 27%(Pct Range) off of
16.12(Month Low) to 17.25(Month High).
In comparing the February/March closes for each of the last 39 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed
higher in March than February in 21(Cond Years) of those years.
Of those 21, BOQ 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 BOQ should exceed 17.25(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 18.94(Average Objective).
- December Soybean Oil(CBOT)
- The BOZ1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 17.20(Prev Close), the market ended March at (Month Close),
that being 32%(Pct Range) off of
16.78(Month Low) to 17.87(Month High).
In comparing the February/March closes for each of the last 39 years(Total Years), Scenario found that the December Soybean Oil(CBOT) also closed
lower in March than February in 13(Cond Years) of those years.
Of those 13, BOZ went on to penetrate the March low within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the BOZ should penetrate 16.78(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 16.01(Average Objective).
- September Corn(CBOT)
- The CU1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 238.25(Prev Close), the market ended March at (Month Close),
that being 2%(Pct Range) off of
219.50(Month Low) to 241.50(Month High).
In comparing the February/March closes for each of the last 41 years(Total Years), Scenario found that the September Corn(CBOT) also closed
lower in March than February in 15(Cond Years) of those years.
Of those 15, CU went on to penetrate the March 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 CU should penetrate 219.50(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 207.81(Average Objective).
- July Wheat(KCBT)
- The KWN1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 330.25(Prev Close), the market ended March at (Month Close),
that being 5%(Pct Range) off of
311.00(Month Low) to 344.00(Month High).
In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the July Wheat(KCBT) also closed
lower in March than February in 12(Cond Years) of those years.
Of those 12, KWN went on to penetrate the March low within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the KWN should penetrate 311.00(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 297.50(Average Objective).
- July Wheat(MGE)
- The MWN1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 332.00(Prev Close), the market ended March at (Month Close),
that being 4%(Pct Range) off of
320.75(Month Low) to 344.75(Month High).
In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the July Wheat(MGE) also closed
lower in March than February in 9(Cond Years) of those years.
Of those 9, MWN went on to penetrate the March low within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the MWN should penetrate 320.75(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 307.81(Average Objective).
- September Wheat(MGE)
- The MWU1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 340.50(Prev Close), the market ended March at (Month Close),
that being 2%(Pct Range) off of
329.50(Month Low) to 352.50(Month High).
In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the September Wheat(MGE) also closed
lower in March than February in 10(Cond Years) of those years.
Of those 10, MWU 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 MWU should penetrate 329.50(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 315.30(Average Objective).
- June Live Cattle(CME)
- The LCM1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 73.950(Prev Close), the market ended March at (Month Close),
that being 35%(Pct Range) off of
71.575(Month Low) to 74.700(Month High).
In comparing the February/March closes for each of the last 36 years(Total Years), Scenario found that the June Live Cattle(CME) also closed
lower in March than February in 14(Cond Years) of those years.
Of those 14, LCM went on to penetrate the March low within the next 2 months in 14 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the LCM should penetrate 71.575(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 66.217(Average Objective).
- August Live Cattle(CME)
- The LCQ1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 72.975(Prev Close), the market ended March at (Month Close),
that being 46%(Pct Range) off of
70.725(Month Low) to 73.400(Month High).
In comparing the February/March closes for each of the last 36 years(Total Years), Scenario found that the August Live Cattle(CME) also closed
lower in March than February in 15(Cond Years) of those years.
Of those 15, LCQ went on to penetrate the March low within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the LCQ should penetrate 70.725(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 66.552(Average Objective).
- May Feeder Cattle(CME)
- The FCK1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 88.000(Prev Close), the market ended March at (Month Close),
that being 37%(Pct Range) off of
85.800(Month Low) to 88.600(Month High).
In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the May Feeder Cattle(CME) also closed
lower in March than February in 15(Cond Years) of those years.
Of those 15, FCK went on to penetrate the March 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 FCK should penetrate 85.800(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 80.400(Average Objective).
- August Feeder Cattle(CME)
- The FCQ1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 89.050(Prev Close), the market ended March at (Month Close),
that being 22%(Pct Range) off of
87.350(Month Low) to 89.500(Month High).
In comparing the February/March closes for each of the last 28 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed
lower in March than February in 14(Cond Years) of those years.
Of those 14, FCQ went on to penetrate the March low within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the FCQ should penetrate 87.350(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 82.431(Average Objective).
- September Feeder Cattle(CME)
- The FCU1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 88.675(Prev Close), the market ended March at (Month Close),
that being 22%(Pct Range) off of
87.000(Month Low) to 88.850(Month High).
In comparing the February/March closes for each of the last 28 years(Total Years), Scenario found that the September Feeder Cattle(CME) also closed
lower in March than February in 15(Cond Years) of those years.
Of those 15, FCU went on to penetrate the March 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 FCU should penetrate 87.000(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 82.533(Average Objective).
- June Lean Hogs(CME)
- The LEM1(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 67.150(Prev Close), the market ended March at (Month Close),
that being 40%(Pct Range) off of
67.150(Month Low) to 71.800(Month High).
In comparing the February/March closes for each of the last 31 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed
higher in March than February in 20(Cond Years) of those years.
Of those 20, LEM went on to exceed the March high within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the LEM should exceed 71.800(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 79.200(Average Objective).
- July Lean Hogs(CME)
- The LEN1(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 63.875(Prev Close), the market ended March at (Month Close),
that being 62%(Pct Range) off of
63.600(Month Low) to 67.850(Month High).
In comparing the February/March closes for each of the last 31 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed
higher in March than February in 19(Cond Years) of those years.
Of those 19, LEN 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 LEN should exceed 67.850(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 74.132(Average Objective).
- August Lean Hogs(CME)
- The LEQ1(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 60.400(Prev Close), the market ended March at (Month Close),
that being 68%(Pct Range) off of
60.100(Month Low) to 63.875(Month High).
In comparing the February/March closes for each of the last 31 years(Total Years), Scenario found that the August Lean Hogs(CME) also closed
higher in March than February in 19(Cond Years) of those years.
Of those 19, LEQ 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 LEQ should exceed 63.875(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 70.258(Average Objective).
- September Orange Juice(NYBOT)
- The JOU1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 83.50(Prev Close), the market ended March at (Month Close),
that being 26%(Pct Range) off of
81.70(Month Low) to 85.00(Month High).
In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the September Orange Juice(NYBOT) also closed
lower in March than February in 15(Cond Years) of those years.
Of those 15, JOU went on to penetrate the March 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 JOU should penetrate 81.70(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 76.37(Average Objective).
- July Coffee "C"(NYBOT)
- The KCN1(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 68.60(Prev Close), the market ended March at (Month Close),
that being 6%(Pct Range) off of
62.40(Month Low) to 71.70(Month High).
In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the July Coffee "C"(NYBOT) also closed
lower in March than February in 9(Cond Years) of those years.
Of those 9, KCN went on to penetrate the March low within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the KCN should penetrate 62.40(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 57.63(Average Objective).
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