MRCI's Scenario Summary

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MRCI's Scenario^SM Summary


MRCI's Scenario^SM Summary

Copyright © 2001 Moore Research Center, Inc. All Rights Reserved.

Some data provided by Prophetfinance.com

Scenario^SM Summary May 31, 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

#DJ Higher May 10735.00 11350.00 10673.00 10912.00 35% 45 23 20 87% 11350.00 11885.94 10912.00

#OEX Higher May 645.45 680.05 639.40 646.25 17% 18 13 12 92% 680.05 703.60 646.25

#YX Higher May 634.80 664.20 626.10 638.10 31% 17 13 11 85% Yes 694.18 638.10

#RUT Higher May 485.33 519.89 480.47 496.50 41% 22 14 12 86% 519.89 540.17 496.50

#MID Higher May 510.37 547.51 499.22 521.59 46% 20 13 12 92% 547.51 569.82 521.59

#VLE Higher May 1210.90 1311.10 1202.70 1243.60 38% 18 13 11 85% Yes 1363.25 1243.60

SPU1 Higher May 1265.20 1327.00 1246.00 1267.50 27% 19 12 11 92% 1327.00 1375.34 1267.50

YXU1 Higher May 641.30 669.80 639.50 646.55 23% 17 12 11 92% 669.80 690.39 646.55

EDU1 Higher May 95.790 96.140 95.765 96.130 97% 19 8 7 88% 96.140 96.674 96.130

JYU1 Higher May 82.16 85.35 81.88 84.88 86% 24 9 9 100% 85.35 88.95 84.88

ADU1 Lower May 51.21 53.10 50.28 50.45 6% 14 8 7 88% 50.28 49.19 50.45

HGU1 Lower May 78.25 80.90 75.65 76.50 16% 41 22 19 86% 75.65 69.80 76.50

HGZ1 Lower May 78.85 81.35 76.25 77.35 22% 40 20 17 85% 76.25 70.36 77.35

HUQ1 Lower May 95.32 97.80 86.75 90.18 31% 15 6 6 100% 86.75 77.63 90.18

HUU1 Lower May 89.62 90.70 83.00 85.78 36% 16 7 6 86% 83.00 74.63 85.78

HUV1 Lower May 83.87 84.50 78.75 80.78 35% 16 7 6 86% 78.75 71.39 80.78

BOQ1 Lower May 15.42 15.51 14.65 15.15 58% 39 23 20 87% 14.65 13.24 15.15

BOU1 Lower May 15.56 15.66 14.79 15.30 59% 41 22 20 91% 14.79 13.47 15.30

BOV1 Lower May 15.71 15.82 14.95 15.43 55% 41 23 22 96% 14.95 13.71 15.43

BOZ1 Lower May 16.00 16.12 15.22 15.72 56% 41 23 22 96% 15.22 14.05 15.72

CU1 Lower May 215.50 220.00 195.75 200.50 20% 41 21 19 90% 195.75 179.28 200.50

CZ1 Lower May 226.50 230.25 206.50 211.50 21% 41 22 19 86% 206.50 189.49 211.50

WU1 Lower May 293.50 297.00 269.00 277.00 29% 41 23 21 91% 269.00 248.28 277.00

WZ1 Lower May 308.25 312.00 283.25 292.00 30% 41 22 20 91% 283.25 262.64 292.00

KWU1 Lower May 347.50 351.00 321.00 331.25 34% 25 14 14 100% 321.00 295.14 331.25

KWZ1 Lower May 357.25 360.25 332.00 341.25 33% 25 14 14 100% 332.00 306.40 341.25

MWU1 Lower May 347.75 351.00 329.50 337.50 37% 20 14 13 93% 329.50 302.70 337.50

MWZ1 Lower May 359.25 360.50 341.00 348.00 36% 20 13 13 100% 341.00 319.20 348.00

LCV1 Higher May 73.225 76.275 71.950 76.050 95% 36 14 13 93% 76.275 79.531 76.050

LCZ1 Higher May 74.075 76.425 72.800 76.325 97% 36 16 14 88% 76.425 79.315 76.325

FCU1 Higher May 88.400 91.300 87.250 91.300 100% 29 15 13 87% 91.300 97.525 91.300

LEV1 Higher May 54.200 55.150 50.800 54.280 80% 31 15 13 87% 55.150 59.856 54.280

PBN1 Lower May 85.425 87.150 75.300 80.850 47% 36 25 22 88% 75.300 63.086 80.850

PBQ1 Lower May 83.375 85.000 73.350 78.675 46% 38 24 23 96% 73.350 59.889 78.675

KCU1 Lower May 67.40 72.50 60.10 60.20 1% 27 13 11 85% 60.10 51.29 60.20

SBV1 Higher May 8.11 9.01 8.11 8.32 23% 37 14 12 86% 9.01 10.29 8.32

DJIA Index: The #DJ(Mkt) ended Higher(Cond) for May(Month). Compared to April's 10735.00(Prev Close), the market ended May at (Month Close), that being 35%(Pct Range) off of 10673.00(Month Low) to 11350.00(Month High).

In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed higher in May than April in 23(Cond Years) of those years. Of those 23, the #DJ went on to exceed the May high within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the the #DJ should exceed 11350.00(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 11885.94(Average Objective).
S & P 100(OEX): The #OEX(Mkt) ended Higher(Cond) for May(Month). Compared to April's 645.45(Prev Close), the market ended May at (Month Close), that being 17%(Pct Range) off of 639.40(Month Low) to 680.05(Month High).

In comparing the April/May closes for each of the last 18 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in May than April in 13(Cond Years) of those years. Of those 13, the #OEX went on to exceed the May 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 #OEX should exceed 680.05(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 703.60(Average Objective).
NYSE Composite Index: The #YX(Mkt) ended Higher(Cond) for May(Month). Compared to April's 634.80(Prev Close), the market ended May at (Month Close), that being 31%(Pct Range) off of 626.10(Month Low) to 664.20(Month High).

In comparing the April/May closes for each of the last 17 years(Total Years), Scenario found that the NYSE Composite Index also closed higher in May than April in 13(Cond Years) of those years. Of those 13, the #YX went on to exceed the May 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 the #YX should exceed 664.20(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 694.18(Average Objective).
Russell 2000 Index: The #RUT(Mkt) ended Higher(Cond) for May(Month). Compared to April's 485.33(Prev Close), the market ended May at (Month Close), that being 41%(Pct Range) off of 480.47(Month Low) to 519.89(Month High).

In comparing the April/May closes for each of the last 22 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in May than April in 14(Cond Years) of those years. Of those 14, the #RUT went on to exceed the May 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 #RUT should exceed 519.89(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 540.17(Average Objective).
S & P Midcap 400 Index: The #MID(Mkt) ended Higher(Cond) for May(Month). Compared to April's 510.37(Prev Close), the market ended May at (Month Close), that being 46%(Pct Range) off of 499.22(Month Low) to 547.51(Month High).

In comparing the April/May closes for each of the last 20 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed higher in May than April in 13(Cond Years) of those years. Of those 13, the #MID went on to exceed the May 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 #MID should exceed 547.51(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 569.82(Average Objective).
Value Line Index: The #VLE(Mkt) ended Higher(Cond) for May(Month). Compared to April's 1210.90(Prev Close), the market ended May at (Month Close), that being 38%(Pct Range) off of 1202.70(Month Low) to 1311.10(Month High).

In comparing the April/May closes for each of the last 18 years(Total Years), Scenario found that the Value Line Index also closed higher in May than April in 13(Cond Years) of those years. Of those 13, the #VLE went on to exceed the May 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 the #VLE should exceed 1311.10(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 1363.25(Average Objective).
September S & P 500(CME): The SPU1(Mkt) ended Higher(Cond) for May(Month). Compared to April's 1265.20(Prev Close), the market ended May at (Month Close), that being 27%(Pct Range) off of 1246.00(Month Low) to 1327.00(Month High).

In comparing the April/May closes for each of the last 19 years(Total Years), Scenario found that the September S & P 500(CME) also closed higher in May than April in 12(Cond Years) of those years. Of those 12, SPU went on to exceed the May 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 1327.00(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 1375.34(Average Objective).
September NYSE Composite(NYBOT): The YXU1(Mkt) ended Higher(Cond) for May(Month). Compared to April's 641.30(Prev Close), the market ended May at (Month Close), that being 23%(Pct Range) off of 639.50(Month Low) to 669.80(Month High).

In comparing the April/May closes for each of the last 17 years(Total Years), Scenario found that the September NYSE Composite(NYBOT) also closed higher in May than April in 12(Cond Years) of those years. Of those 12, YXU went on to exceed the May 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 YXU should exceed 669.80(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 690.39(Average Objective).
September Eurodollars(IMM): The EDU1(Mkt) ended Higher(Cond) for May(Month). Compared to April's 95.790(Prev Close), the market ended May at (Month Close), that being 97%(Pct Range) off of 95.765(Month Low) to 96.140(Month High).

In comparing the April/May closes for each of the last 19 years(Total Years), Scenario found that the September Eurodollars(IMM) also closed higher in May than April in 8(Cond Years) of those years. Of those 8, EDU went on to exceed the May 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 96.140(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 96.674(Average Objective).
September Japanese Yen(IMM): The JYU1(Mkt) ended Higher(Cond) for May(Month). Compared to April's 82.16(Prev Close), the market ended May at (Month Close), that being 86%(Pct Range) off of 81.88(Month Low) to 85.35(Month High).

In comparing the April/May closes for each of the last 24 years(Total Years), Scenario found that the September Japanese Yen(IMM) also closed higher in May than April in 9(Cond Years) of those years. Of those 9, JYU went on to exceed the May high within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the JYU should exceed 85.35(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 88.95(Average Objective).
September Australian Dollar(IMM): The ADU1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 51.21(Prev Close), the market ended May at (Month Close), that being 6%(Pct Range) off of 50.28(Month Low) to 53.10(Month High).

In comparing the April/May closes for each of the last 14 years(Total Years), Scenario found that the September Australian Dollar(IMM) also closed lower in May than April in 8(Cond Years) of those years. Of those 8, ADU went on to penetrate the May low within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the ADU should penetrate 50.28(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 49.19(Average Objective).
September Copper(CMX): The HGU1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 78.25(Prev Close), the market ended May at (Month Close), that being 16%(Pct Range) off of 75.65(Month Low) to 80.90(Month High).

In comparing the April/May closes for each of the last 41 years(Total Years), Scenario found that the September Copper(CMX) also closed lower in May than April in 22(Cond Years) of those years. Of those 22, HGU went on to penetrate the May low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the HGU should penetrate 75.65(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 69.80(Average Objective).
December Copper(CMX): The HGZ1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 78.85(Prev Close), the market ended May at (Month Close), that being 22%(Pct Range) off of 76.25(Month Low) to 81.35(Month High).

In comparing the April/May closes for each of the last 40 years(Total Years), Scenario found that the December Copper(CMX) also closed lower in May than April in 20(Cond Years) of those years. Of those 20, HGZ went on to penetrate the May 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 HGZ should penetrate 76.25(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 70.36(Average Objective).
August Unleaded Gas(NYM): The HUQ1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 95.32(Prev Close), the market ended May at (Month Close), that being 31%(Pct Range) off of 86.75(Month Low) to 97.80(Month High).

In comparing the April/May closes for each of the last 15 years(Total Years), Scenario found that the August Unleaded Gas(NYM) also closed lower in May than April in 6(Cond Years) of those years. Of those 6, HUQ went on to penetrate the May low within the next 2 months in 6 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HUQ should penetrate 86.75(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 77.63(Average Objective).
September Unleaded Gas(NYM): The HUU1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 89.62(Prev Close), the market ended May at (Month Close), that being 36%(Pct Range) off of 83.00(Month Low) to 90.70(Month High).

In comparing the April/May closes for each of the last 16 years(Total Years), Scenario found that the September Unleaded Gas(NYM) also closed lower in May than April in 7(Cond Years) of those years. Of those 7, HUU went on to penetrate the May low within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the HUU should penetrate 83.00(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 74.63(Average Objective).
October Unleaded Gas(NYM): The HUV1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 83.87(Prev Close), the market ended May at (Month Close), that being 35%(Pct Range) off of 78.75(Month Low) to 84.50(Month High).

In comparing the April/May closes for each of the last 16 years(Total Years), Scenario found that the October Unleaded Gas(NYM) also closed lower in May than April in 7(Cond Years) of those years. Of those 7, HUV went on to penetrate the May low within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the HUV should penetrate 78.75(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 71.39(Average Objective).
August Soybean Oil(CBOT): The BOQ1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 15.42(Prev Close), the market ended May at (Month Close), that being 58%(Pct Range) off of 14.65(Month Low) to 15.51(Month High).

In comparing the April/May closes for each of the last 39 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed lower in May than April in 23(Cond Years) of those years. Of those 23, BOQ went on to penetrate the May low within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the BOQ should penetrate 14.65(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 13.24(Average Objective).
September Soybean Oil(CBOT): The BOU1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 15.56(Prev Close), the market ended May at (Month Close), that being 59%(Pct Range) off of 14.79(Month Low) to 15.66(Month High).

In comparing the April/May closes for each of the last 41 years(Total Years), Scenario found that the September Soybean Oil(CBOT) also closed lower in May than April in 22(Cond Years) of those years. Of those 22, BOU went on to penetrate the May low within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the BOU should penetrate 14.79(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 13.47(Average Objective).
October Soybean Oil(CBOT): The BOV1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 15.71(Prev Close), the market ended May at (Month Close), that being 55%(Pct Range) off of 14.95(Month Low) to 15.82(Month High).

In comparing the April/May closes for each of the last 41 years(Total Years), Scenario found that the October Soybean Oil(CBOT) also closed lower in May than April in 23(Cond Years) of those years. Of those 23, BOV went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the BOV should penetrate 14.95(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 13.71(Average Objective).
December Soybean Oil(CBOT): The BOZ1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 16.00(Prev Close), the market ended May at (Month Close), that being 56%(Pct Range) off of 15.22(Month Low) to 16.12(Month High).

In comparing the April/May closes for each of the last 41 years(Total Years), Scenario found that the December Soybean Oil(CBOT) also closed lower in May than April in 23(Cond Years) of those years. Of those 23, BOZ went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the BOZ should penetrate 15.22(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 14.05(Average Objective).
September Corn(CBOT): The CU1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 215.50(Prev Close), the market ended May at (Month Close), that being 20%(Pct Range) off of 195.75(Month Low) to 220.00(Month High).

In comparing the April/May closes for each of the last 41 years(Total Years), Scenario found that the September Corn(CBOT) also closed lower in May than April in 21(Cond Years) of those years. Of those 21, CU went on to penetrate the May low within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the CU should penetrate 195.75(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 179.28(Average Objective).
December Corn(CBOT): The CZ1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 226.50(Prev Close), the market ended May at (Month Close), that being 21%(Pct Range) off of 206.50(Month Low) to 230.25(Month High).

In comparing the April/May closes for each of the last 41 years(Total Years), Scenario found that the December Corn(CBOT) also closed lower in May than April in 22(Cond Years) of those years. Of those 22, CZ went on to penetrate the May low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the CZ should penetrate 206.50(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 189.49(Average Objective).
September Wheat(CBOT): The WU1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 293.50(Prev Close), the market ended May at (Month Close), that being 29%(Pct Range) off of 269.00(Month Low) to 297.00(Month High).

In comparing the April/May closes for each of the last 41 years(Total Years), Scenario found that the September Wheat(CBOT) also closed lower in May than April in 23(Cond Years) of those years. Of those 23, WU went on to penetrate the May low within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the WU should penetrate 269.00(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 248.28(Average Objective).
December Wheat(CBOT): The WZ1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 308.25(Prev Close), the market ended May at (Month Close), that being 30%(Pct Range) off of 283.25(Month Low) to 312.00(Month High).

In comparing the April/May closes for each of the last 41 years(Total Years), Scenario found that the December Wheat(CBOT) also closed lower in May than April in 22(Cond Years) of those years. Of those 22, WZ went on to penetrate the May low within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the WZ should penetrate 283.25(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 262.64(Average Objective).
September Wheat(KCBT): The KWU1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 347.50(Prev Close), the market ended May at (Month Close), that being 34%(Pct Range) off of 321.00(Month Low) to 351.00(Month High).

In comparing the April/May closes for each of the last 25 years(Total Years), Scenario found that the September Wheat(KCBT) also closed lower in May than April in 14(Cond Years) of those years. Of those 14, KWU went on to penetrate the May 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 KWU should penetrate 321.00(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 295.14(Average Objective).
December Wheat(KCBT): The KWZ1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 357.25(Prev Close), the market ended May at (Month Close), that being 33%(Pct Range) off of 332.00(Month Low) to 360.25(Month High).

In comparing the April/May closes for each of the last 25 years(Total Years), Scenario found that the December Wheat(KCBT) also closed lower in May than April in 14(Cond Years) of those years. Of those 14, KWZ went on to penetrate the May 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 KWZ should penetrate 332.00(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 306.40(Average Objective).
September Wheat(MGE): The MWU1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 347.75(Prev Close), the market ended May at (Month Close), that being 37%(Pct Range) off of 329.50(Month Low) to 351.00(Month High).

In comparing the April/May closes for each of the last 20 years(Total Years), Scenario found that the September Wheat(MGE) also closed lower in May than April in 14(Cond Years) of those years. Of those 14, MWU went on to penetrate the May 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 MWU should penetrate 329.50(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 302.70(Average Objective).
December Wheat(MGE): The MWZ1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 359.25(Prev Close), the market ended May at (Month Close), that being 36%(Pct Range) off of 341.00(Month Low) to 360.50(Month High).

In comparing the April/May closes for each of the last 20 years(Total Years), Scenario found that the December Wheat(MGE) also closed lower in May than April in 13(Cond Years) of those years. Of those 13, MWZ went on to penetrate the May 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 MWZ should penetrate 341.00(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 319.20(Average Objective).
October Live Cattle(CME): The LCV1(Mkt) ended Higher(Cond) for May(Month). Compared to April's 73.225(Prev Close), the market ended May at (Month Close), that being 95%(Pct Range) off of 71.950(Month Low) to 76.275(Month High).

In comparing the April/May closes for each of the last 36 years(Total Years), Scenario found that the October Live Cattle(CME) also closed higher in May than April in 14(Cond Years) of those years. Of those 14, LCV went on to exceed the May 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 LCV should exceed 76.275(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 79.531(Average Objective).
December Live Cattle(CME): The LCZ1(Mkt) ended Higher(Cond) for May(Month). Compared to April's 74.075(Prev Close), the market ended May at (Month Close), that being 97%(Pct Range) off of 72.800(Month Low) to 76.425(Month High).

In comparing the April/May closes for each of the last 36 years(Total Years), Scenario found that the December Live Cattle(CME) also closed higher in May than April in 16(Cond Years) of those years. Of those 16, LCZ went on to exceed the May 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 LCZ should exceed 76.425(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 79.315(Average Objective).
September Feeder Cattle(CME): The FCU1(Mkt) ended Higher(Cond) for May(Month). Compared to April's 88.400(Prev Close), the market ended May at (Month Close), that being 100%(Pct Range) off of 87.250(Month Low) to 91.300(Month High).

In comparing the April/May closes for each of the last 29 years(Total Years), Scenario found that the September Feeder Cattle(CME) also closed higher in May than April in 15(Cond Years) of those years. Of those 15, FCU went on to exceed the May 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 FCU should exceed 91.300(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 97.525(Average Objective).
October Lean Hogs(CME): The LEV1(Mkt) ended Higher(Cond) for May(Month). Compared to April's 54.200(Prev Close), the market ended May at (Month Close), that being 80%(Pct Range) off of 50.800(Month Low) to 55.150(Month High).

In comparing the April/May closes for each of the last 31 years(Total Years), Scenario found that the October Lean Hogs(CME) also closed higher in May than April in 15(Cond Years) of those years. Of those 15, LEV went on to exceed the May 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 LEV should exceed 55.150(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 59.856(Average Objective).
July Pork Bellies(CME): The PBN1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 85.425(Prev Close), the market ended May at (Month Close), that being 47%(Pct Range) off of 75.300(Month Low) to 87.150(Month High).

In comparing the April/May closes for each of the last 36 years(Total Years), Scenario found that the July Pork Bellies(CME) also closed lower in May than April in 25(Cond Years) of those years. Of those 25, PBN went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the PBN should penetrate 75.300(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 63.086(Average Objective).
August Pork Bellies(CME): The PBQ1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 83.375(Prev Close), the market ended May at (Month Close), that being 46%(Pct Range) off of 73.350(Month Low) to 85.000(Month High).

In comparing the April/May closes for each of the last 38 years(Total Years), Scenario found that the August Pork Bellies(CME) also closed lower in May than April in 24(Cond Years) of those years. Of those 24, PBQ went on to penetrate the May low within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the PBQ should penetrate 73.350(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 59.889(Average Objective).
September Coffee "C"(NYBOT): The KCU1(Mkt) ended Lower(Cond) for May(Month). Compared to April's 67.40(Prev Close), the market ended May at (Month Close), that being 1%(Pct Range) off of 60.10(Month Low) to 72.50(Month High).

In comparing the April/May closes for each of the last 27 years(Total Years), Scenario found that the September Coffee "C"(NYBOT) also closed lower in May than April in 13(Cond Years) of those years. Of those 13, KCU went on to penetrate the May 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 KCU should penetrate 60.10(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 51.29(Average Objective).
October Sugar #11(NYBOT): The SBV1(Mkt) ended Higher(Cond) for May(Month). Compared to April's 8.11(Prev Close), the market ended May at (Month Close), that being 23%(Pct Range) off of 8.11(Month Low) to 9.01(Month High).

In comparing the April/May closes for each of the last 37 years(Total Years), Scenario found that the October Sugar #11(NYBOT) also closed higher in May than April in 14(Cond Years) of those years. Of those 14, SBV went on to exceed the May 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 SBV should exceed 9.01(Scenario Objective) by no later than the end of July. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 10.29(Average Objective).