- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 9075.00(Prev Close), the market ended November at (Month Close),
that being 83%(Pct Range) off of
9014.00(Month Low) to 9993.00(Month High).
In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed
higher in November than October in 29(Cond Years) of those years.
Of those 29, the #DJ went on to exceed the November high within the next 2 months in 26 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 9993.00(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 26 years) a potential move
toward 10561.91(Average Objective).
- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 2195.80(Prev Close), the market ended November at (Month Close),
that being 82%(Pct Range) off of
2180.00(Month Low) to 2550.70(Month High).
In comparing the October/November closes for each of the last 31 years(Total Years), Scenario found that the Dow Jones Transportation also closed
higher in November than October in 21(Cond Years) of those years.
Of those 21, the #TRAN went on to exceed the November 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 the #TRAN should exceed 2550.70(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 2780.21(Average Objective).
- S & P 100(OEX)
- The #OEX(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 544.45(Prev Close), the market ended November at (Month Close),
that being 77%(Pct Range) off of
542.10(Month Low) to 598.55(Month High).
In comparing the October/November closes for each of the last 18 years(Total Years), Scenario found that the S & P 100(OEX) also closed
higher in November than October in 11(Cond Years) of those years.
Of those 11, the #OEX went on to exceed the November high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the the #OEX should exceed 598.55(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 631.42(Average Objective).
- NYSE Composite Index
- The #YX(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 546.40(Prev Close), the market ended November at (Month Close),
that being 78%(Pct Range) off of
543.20(Month Low) to 590.00(Month High).
In comparing the October/November closes for each of the last 18 years(Total Years), Scenario found that the NYSE Composite Index also closed
higher in November than October in 11(Cond Years) of those years.
Of those 11, the #YX went on to exceed the November 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 #YX should exceed 590.00(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 614.75(Average Objective).
- NASDAQ 100 Index
- The #NDX(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 1364.80(Prev Close), the market ended November at (Month Close),
that being 84%(Pct Range) off of
1358.70(Month Low) to 1644.40(Month High).
In comparing the October/November closes for each of the last 15 years(Total Years), Scenario found that the NASDAQ 100 Index also closed
higher in November than October in 8(Cond Years) of those years.
Of those 8, the #NDX went on to exceed the November high within the next 2 months in 8 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the the #NDX should exceed 1644.40(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 1857.29(Average Objective).
- Russell 2000 Index
- The #RUT(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 428.17(Prev Close), the market ended November at (Month Close),
that being 94%(Pct Range) off of
424.84(Month Low) to 465.92(Month High).
In comparing the October/November closes for each of the last 22 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in November than October in 13(Cond Years) of those years.
Of those 13, the #RUT went on to exceed the November 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 #RUT should exceed 465.92(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 495.12(Average Objective).
- S & P Midcap 400 Index
- The #MID(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 450.77(Prev Close), the market ended November at (Month Close),
that being 92%(Pct Range) off of
446.78(Month Low) to 491.82(Month High).
In comparing the October/November closes for each of the last 20 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed
higher in November than October in 12(Cond Years) of those years.
Of those 12, the #MID went on to exceed the November 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 the #MID should exceed 491.82(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 519.73(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 1077.60(Prev Close), the market ended November at (Month Close),
that being 89%(Pct Range) off of
1070.40(Month Low) to 1200.10(Month High).
In comparing the October/November closes for each of the last 18 years(Total Years), Scenario found that the Value Line Index also closed
higher in November than October in 11(Cond Years) of those years.
Of those 11, the #VLE went on to exceed the November 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 #VLE should exceed 1200.10(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 1257.13(Average Objective).
- S & P 500 Stock Index
- The #SP(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 1059.80(Prev Close), the market ended November at (Month Close),
that being 79%(Pct Range) off of
1054.30(Month Low) to 1163.40(Month High).
In comparing the October/November closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed
higher in November than October in 29(Cond Years) of those years.
Of those 29, the #SP went on to exceed the November high within the next 2 months in 25 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the the #SP should exceed 1163.40(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 25 years) a potential move
toward 1229.24(Average Objective).
- March S & P 500(CME)
- The SPH2(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 1062.20(Prev Close), the market ended November at (Month Close),
that being 81%(Pct Range) off of
1064.00(Month Low) to 1165.00(Month High).
In comparing the October/November closes for each of the last 19 years(Total Years), Scenario found that the March S & P 500(CME) also closed
higher in November than October in 12(Cond Years) of those years.
Of those 12, SPH went on to exceed the November high within the next 2 months in 12 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the SPH should exceed 1165.00(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 1223.49(Average Objective).
- March NASDAQ 100(CME)
- The NDH2(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 1376.00(Prev Close), the market ended November at (Month Close),
that being 89%(Pct Range) off of
1428.50(Month Low) to 1635.00(Month High).
In comparing the October/November closes for each of the last 5 years(Total Years), Scenario found that the March NASDAQ 100(CME) also closed
higher in November than October in 4(Cond Years) of those years.
Of those 4, NDH went on to exceed the November 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 NDH should exceed 1635.00(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 4 years) a potential move
toward 1880.67(Average Objective).
- March NYSE Composite(NYBOT)
- The YXH2(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 547.60(Prev Close), the market ended November at (Month Close),
that being 81%(Pct Range) off of
556.90(Month Low) to 588.65(Month High).
In comparing the October/November closes for each of the last 19 years(Total Years), Scenario found that the March NYSE Composite(NYBOT) also closed
higher in November than October in 12(Cond Years) of those years.
Of those 12, YXH went on to exceed the November 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 YXH should exceed 588.65(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 615.52(Average Objective).
- March Swiss Franc(IMM)
- The SFH2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 61.26(Prev Close), the market ended November at (Month Close),
that being 35%(Pct Range) off of
59.77(Month Low) to 61.82(Month High).
In comparing the October/November closes for each of the last 26 years(Total Years), Scenario found that the March Swiss Franc(IMM) also closed
lower in November than October in 14(Cond Years) of those years.
Of those 14, SFH went on to penetrate the November low within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the SFH should penetrate 59.77(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 57.16(Average Objective).
- March Japanese Yen(IMM)
- The JYH2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 82.40(Prev Close), the market ended November at (Month Close),
that being 13%(Pct Range) off of
80.87(Month Low) to 83.99(Month High).
In comparing the October/November closes for each of the last 25 years(Total Years), Scenario found that the March Japanese Yen(IMM) also closed
lower in November than October in 15(Cond Years) of those years.
Of those 15, JYH went on to penetrate the November 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 JYH should penetrate 80.87(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 78.06(Average Objective).
- March Canadian Dollar(IMM)
- The CDH2(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 62.92(Prev Close), the market ended November at (Month Close),
that being 91%(Pct Range) off of
62.30(Month Low) to 63.30(Month High).
In comparing the October/November closes for each of the last 25 years(Total Years), Scenario found that the March Canadian Dollar(IMM) also closed
higher in November than October in 8(Cond Years) of those years.
Of those 8, CDH went on to exceed the November high within the next 2 months in 8 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the CDH should exceed 63.30(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 64.27(Average Objective).
- March Silver(CMX)
- The SIH2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 425.0(Prev Close), the market ended November at (Month Close),
that being 22%(Pct Range) off of
405.0(Month Low) to 426.5(Month High).
In comparing the October/November closes for each of the last 38 years(Total Years), Scenario found that the March Silver(CMX) also closed
lower in November than October in 23(Cond Years) of those years.
Of those 23, SIH went on to penetrate the November 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 SIH should penetrate 405.0(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 375.8(Average Objective).
- May Silver(CMX)
- The SIK2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 426.6(Prev Close), the market ended November at (Month Close),
that being 23%(Pct Range) off of
407.0(Month Low) to 426.5(Month High).
In comparing the October/November closes for each of the last 38 years(Total Years), Scenario found that the May Silver(CMX) also closed
lower in November than October in 23(Cond Years) of those years.
Of those 23, SIK went on to penetrate the November 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 SIK should penetrate 407.0(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 377.7(Average Objective).
- March Copper(CMX)
- The HGH2(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 63.20(Prev Close), the market ended November at (Month Close),
that being 96%(Pct Range) off of
61.30(Month Low) to 72.85(Month High).
In comparing the October/November closes for each of the last 42 years(Total Years), Scenario found that the March Copper(CMX) also closed
higher in November than October in 20(Cond Years) of those years.
Of those 20, HGH went on to exceed the November 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 HGH should exceed 72.85(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 79.94(Average Objective).
- February Crude Oil(NYM)
- The CLG2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 21.46(Prev Close), the market ended November at (Month Close),
that being 31%(Pct Range) off of
17.30(Month Low) to 22.60(Month High).
In comparing the October/November closes for each of the last 18 years(Total Years), Scenario found that the February Crude Oil(NYM) also closed
lower in November than October in 10(Cond Years) of those years.
Of those 10, CLG went on to penetrate the November 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 CLG should penetrate 17.30(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 15.16(Average Objective).
- March Crude Oil(NYM)
- The CLH2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 21.53(Prev Close), the market ended November at (Month Close),
that being 33%(Pct Range) off of
17.55(Month Low) to 22.50(Month High).
In comparing the October/November closes for each of the last 18 years(Total Years), Scenario found that the March Crude Oil(NYM) also closed
lower in November than October in 10(Cond Years) of those years.
Of those 10, CLH went on to penetrate the November 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 CLH should penetrate 17.55(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 15.31(Average Objective).
- April Crude Oil(NYM)
- The CLJ2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 21.57(Prev Close), the market ended November at (Month Close),
that being 31%(Pct Range) off of
17.95(Month Low) to 22.42(Month High).
In comparing the October/November closes for each of the last 18 years(Total Years), Scenario found that the April Crude Oil(NYM) also closed
lower in November than October in 10(Cond Years) of those years.
Of those 10, CLJ went on to penetrate the November 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 CLJ should penetrate 17.95(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 15.76(Average Objective).
- May Crude Oil(NYM)
- The CLK2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 21.59(Prev Close), the market ended November at (Month Close),
that being 31%(Pct Range) off of
18.20(Month Low) to 22.45(Month High).
In comparing the October/November closes for each of the last 18 years(Total Years), Scenario found that the May Crude Oil(NYM) also closed
lower in November than October in 11(Cond Years) of those years.
Of those 11, CLK went on to penetrate the November low within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the CLK should penetrate 18.20(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 15.66(Average Objective).
- February Heating Oil(NYM)
- The HOG2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 61.74(Prev Close), the market ended November at (Month Close),
that being 16%(Pct Range) off of
51.50(Month Low) to 64.35(Month High).
In comparing the October/November closes for each of the last 22 years(Total Years), Scenario found that the February Heating Oil(NYM) also closed
lower in November than October in 13(Cond Years) of those years.
Of those 13, HOG went on to penetrate the November 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 HOG should penetrate 51.50(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 45.90(Average Objective).
- March Heating Oil(NYM)
- The HOH2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 60.54(Prev Close), the market ended November at (Month Close),
that being 17%(Pct Range) off of
51.30(Month Low) to 63.40(Month High).
In comparing the October/November closes for each of the last 22 years(Total Years), Scenario found that the March Heating Oil(NYM) also closed
lower in November than October in 13(Cond Years) of those years.
Of those 13, HOH went on to penetrate the November 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 HOH should penetrate 51.30(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 45.86(Average Objective).
- April Heating Oil(NYM)
- The HOJ2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 59.54(Prev Close), the market ended November at (Month Close),
that being 17%(Pct Range) off of
51.35(Month Low) to 61.55(Month High).
In comparing the October/November closes for each of the last 21 years(Total Years), Scenario found that the April Heating Oil(NYM) also closed
lower in November than October in 13(Cond Years) of those years.
Of those 13, HOJ went on to penetrate the November 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 HOJ should penetrate 51.35(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 45.29(Average Objective).
- February Unleaded Gas(NYM)
- The HUG2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 58.15(Prev Close), the market ended November at (Month Close),
that being 30%(Pct Range) off of
50.00(Month Low) to 62.31(Month High).
In comparing the October/November closes for each of the last 16 years(Total Years), Scenario found that the February Unleaded Gas(NYM) also closed
lower in November than October in 9(Cond Years) of those years.
Of those 9, HUG went on to penetrate the November 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 HUG should penetrate 50.00(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 44.34(Average Objective).
- March Unleaded Gas(NYM)
- The HUH2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 59.30(Prev Close), the market ended November at (Month Close),
that being 26%(Pct Range) off of
51.90(Month Low) to 63.23(Month High).
In comparing the October/November closes for each of the last 16 years(Total Years), Scenario found that the March Unleaded Gas(NYM) also closed
lower in November than October in 9(Cond Years) of those years.
Of those 9, HUH went on to penetrate the November 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 HUH should penetrate 51.90(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 46.42(Average Objective).
- April Unleaded Gas(NYM)
- The HUJ2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 65.35(Prev Close), the market ended November at (Month Close),
that being 26%(Pct Range) off of
58.23(Month Low) to 69.40(Month High).
In comparing the October/November closes for each of the last 16 years(Total Years), Scenario found that the April Unleaded Gas(NYM) also closed
lower in November than October in 8(Cond Years) of those years.
Of those 8, HUJ went on to penetrate the November low within the next 2 months in 8 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the HUJ should penetrate 58.23(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 52.52(Average Objective).
- May Unleaded Gas(NYM)
- The HUK2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 66.00(Prev Close), the market ended November at (Month Close),
that being 29%(Pct Range) off of
58.50(Month Low) to 69.31(Month High).
In comparing the October/November closes for each of the last 16 years(Total Years), Scenario found that the May Unleaded Gas(NYM) also closed
lower in November than October in 8(Cond Years) of those years.
Of those 8, HUK went on to penetrate the November low within the next 2 months in 8 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the HUK should penetrate 58.50(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 53.07(Average Objective).
- March Wheat(CBOT)
- The WH2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 300.75(Prev Close), the market ended November at (Month Close),
that being 47%(Pct Range) off of
281.00(Month Low) to 299.00(Month High).
In comparing the October/November closes for each of the last 42 years(Total Years), Scenario found that the March Wheat(CBOT) also closed
lower in November than October in 20(Cond Years) of those years.
Of those 20, WH went on to penetrate the November 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 WH should penetrate 281.00(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 260.41(Average Objective).
- May Wheat(CBOT)
- The WK2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 300.75(Prev Close), the market ended November at (Month Close),
that being 41%(Pct Range) off of
284.00(Month Low) to 301.00(Month High).
In comparing the October/November closes for each of the last 42 years(Total Years), Scenario found that the May Wheat(CBOT) also closed
lower in November than October in 22(Cond Years) of those years.
Of those 22, WK went on to penetrate the November 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 WK should penetrate 284.00(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 264.82(Average Objective).
- March Wheat(KCBT)
- The KWH2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 308.50(Prev Close), the market ended November at (Month Close),
that being 33%(Pct Range) off of
287.00(Month Low) to 307.50(Month High).
In comparing the October/November closes for each of the last 25 years(Total Years), Scenario found that the March Wheat(KCBT) also closed
lower in November than October in 11(Cond Years) of those years.
Of those 11, KWH went on to penetrate the November low within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the KWH should penetrate 287.00(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 268.96(Average Objective).
- May Wheat(KCBT)
- The KWK2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 314.00(Prev Close), the market ended November at (Month Close),
that being 29%(Pct Range) off of
291.50(Month Low) to 312.50(Month High).
In comparing the October/November closes for each of the last 25 years(Total Years), Scenario found that the May Wheat(KCBT) also closed
lower in November than October in 13(Cond Years) of those years.
Of those 13, KWK went on to penetrate the November 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 KWK should penetrate 291.50(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 272.51(Average Objective).
- March Wheat(MGE)
- The MWH2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 324.75(Prev Close), the market ended November at (Month Close),
that being 19%(Pct Range) off of
305.50(Month Low) to 328.75(Month High).
In comparing the October/November closes for each of the last 20 years(Total Years), Scenario found that the March Wheat(MGE) also closed
lower in November than October in 13(Cond Years) of those years.
Of those 13, MWH went on to penetrate the November 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 MWH should penetrate 305.50(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 292.33(Average Objective).
- May Wheat(MGE)
- The MWK2(Mkt) ended Lower(Cond) for
November(Month). Compared to October's 333.00(Prev Close), the market ended November at (Month Close),
that being 17%(Pct Range) off of
313.50(Month Low) to 335.50(Month High).
In comparing the October/November closes for each of the last 20 years(Total Years), Scenario found that the May Wheat(MGE) also closed
lower in November than October in 15(Cond Years) of those years.
Of those 15, MWK went on to penetrate the November 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 MWK should penetrate 313.50(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 299.39(Average Objective).
- August Feeder Cattle(CME)
- The FCQ2(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 84.400(Prev Close), the market ended November at (Month Close),
that being 94%(Pct Range) off of
78.450(Month Low) to 84.950(Month High).
In comparing the October/November closes for each of the last 26 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed
higher in November than October in 16(Cond Years) of those years.
Of those 16, FCQ went on to exceed the November 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 FCQ should exceed 84.950(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 88.904(Average Objective).
- April Lean Hogs(CME)
- The LEJ2(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 55.250(Prev Close), the market ended November at (Month Close),
that being 99%(Pct Range) off of
53.800(Month Low) to 58.500(Month High).
In comparing the October/November closes for each of the last 32 years(Total Years), Scenario found that the April Lean Hogs(CME) also closed
higher in November than October in 21(Cond Years) of those years.
Of those 21, LEJ went on to exceed the November 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 LEJ should exceed 58.500(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 62.733(Average Objective).
- March Cotton(NYBOT)
- The CTH2(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 31.23(Prev Close), the market ended November at (Month Close),
that being 98%(Pct Range) off of
31.35(Month Low) to 39.10(Month High).
In comparing the October/November closes for each of the last 41 years(Total Years), Scenario found that the March Cotton(NYBOT) also closed
higher in November than October in 20(Cond Years) of those years.
Of those 20, CTH went on to exceed the November high within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the CTH should exceed 39.10(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 43.07(Average Objective).
- May Cotton(NYBOT)
- The CTK2(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 32.18(Prev Close), the market ended November at (Month Close),
that being 99%(Pct Range) off of
32.40(Month Low) to 40.10(Month High).
In comparing the October/November closes for each of the last 41 years(Total Years), Scenario found that the May Cotton(NYBOT) also closed
higher in November than October in 21(Cond Years) of those years.
Of those 21, CTK went on to exceed the November 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 CTK should exceed 40.10(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 43.62(Average Objective).
- July Cotton(NYBOT)
- The CTN2(Mkt) ended Higher(Cond) for
November(Month). Compared to October's 33.10(Prev Close), the market ended November at (Month Close),
that being 100%(Pct Range) off of
33.50(Month Low) to 40.85(Month High).
In comparing the October/November closes for each of the last 42 years(Total Years), Scenario found that the July Cotton(NYBOT) also closed
higher in November than October in 21(Cond Years) of those years.
Of those 21, CTN went on to exceed the November 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 CTN should exceed 40.85(Scenario Objective) by no later than the end of January.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 44.10(Average Objective).
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