- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 2640.00(Prev Close), the market ended January at (Month Close),
that being 82%(Pct Range) off of
2606.20(Month Low) to 2838.90(Month High).
In comparing the December/January closes for each of the last 30 years(Total Years), Scenario found that the Dow Jones Transportation also closed
higher in January than December in 20(Cond Years) of those years.
Of those 20, the #TRAN went on to exceed the January 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 the #TRAN should exceed 2838.90(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 3061.11(Average Objective).
- June Eurodollars(IMM)
- The EDM2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 97.660(Prev Close), the market ended January at (Month Close),
that being 17%(Pct Range) off of
97.500(Month Low) to 98.005(Month High).
In comparing the December/January closes for each of the last 19 years(Total Years), Scenario found that the June Eurodollars(IMM) also closed
lower in January than December in 7(Cond Years) of those years.
Of those 7, EDM went on to penetrate the January 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 EDM should penetrate 97.500(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 97.148(Average Objective).
- March Swiss Franc(IMM)
- The SFH2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 60.20(Prev Close), the market ended January at (Month Close),
that being 1%(Pct Range) off of
58.08(Month Low) to 61.15(Month High).
In comparing the December/January closes for each of the last 26 years(Total Years), Scenario found that the March Swiss Franc(IMM) also closed
lower in January than December in 18(Cond Years) of those years.
Of those 18, SFH went on to penetrate the January low within the next 2 months in 17 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the SFH should penetrate 58.08(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 55.92(Average Objective).
- March Canadian Dollar(IMM)
- The CDH2(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 62.76(Prev Close), the market ended January at (Month Close),
that being 91%(Pct Range) off of
61.86(Month Low) to 63.18(Month High).
In comparing the December/January closes for each of the last 25 years(Total Years), Scenario found that the March Canadian Dollar(IMM) also closed
higher in January than December in 8(Cond Years) of those years.
Of those 8, CDH went on to exceed the January 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 CDH should exceed 63.18(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 64.19(Average Objective).
- March Copper(CMX)
- The HGH2(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 65.90(Prev Close), the market ended January at (Month Close),
that being 92%(Pct Range) off of
65.65(Month Low) to 74.00(Month High).
In comparing the December/January closes for each of the last 42 years(Total Years), Scenario found that the March Copper(CMX) also closed
higher in January than December in 25(Cond Years) of those years.
Of those 25, HGH went on to exceed the January high within the next 2 months in 21 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the HGH should exceed 74.00(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 83.54(Average Objective).
- April Heating Oil(NYM)
- The HOJ2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 54.73(Prev Close), the market ended January at (Month Close),
that being 31%(Pct Range) off of
50.75(Month Low) to 58.90(Month High).
In comparing the December/January closes for each of the last 22 years(Total Years), Scenario found that the April Heating Oil(NYM) also closed
lower in January than December in 13(Cond Years) of those years.
Of those 13, HOJ went on to penetrate the January 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 HOJ should penetrate 50.75(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 44.30(Average Objective).
- May Heating Oil(NYM)
- The HOK2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 54.13(Prev Close), the market ended January at (Month Close),
that being 34%(Pct Range) off of
51.10(Month Low) to 58.25(Month High).
In comparing the December/January closes for each of the last 22 years(Total Years), Scenario found that the May Heating Oil(NYM) also closed
lower in January than December in 14(Cond Years) of those years.
Of those 14, HOK went on to penetrate the January 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 HOK should penetrate 51.10(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 44.82(Average Objective).
- June Heating Oil(NYM)
- The HOM2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 54.23(Prev Close), the market ended January at (Month Close),
that being 34%(Pct Range) off of
51.70(Month Low) to 58.40(Month High).
In comparing the December/January closes for each of the last 22 years(Total Years), Scenario found that the June Heating Oil(NYM) also closed
lower in January than December in 14(Cond Years) of those years.
Of those 14, HOM went on to penetrate the January 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 HOM should penetrate 51.70(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 46.00(Average Objective).
- May Corn(CBOT)
- The CK2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 215.50(Prev Close), the market ended January at (Month Close),
that being 7%(Pct Range) off of
212.25(Month Low) to 223.25(Month High).
In comparing the December/January closes for each of the last 42 years(Total Years), Scenario found that the May Corn(CBOT) also closed
lower in January than December in 21(Cond Years) of those years.
Of those 21, CK went on to penetrate the January low within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the CK should penetrate 212.25(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 201.93(Average Objective).
- July Corn(CBOT)
- The CN2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 221.75(Prev Close), the market ended January at (Month Close),
that being 5%(Pct Range) off of
219.25(Month Low) to 229.25(Month High).
In comparing the December/January closes for each of the last 42 years(Total Years), Scenario found that the July Corn(CBOT) also closed
lower in January than December in 22(Cond Years) of those years.
Of those 22, CN went on to penetrate the January low within the next 2 months in 21 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the CN should penetrate 219.25(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 209.45(Average Objective).
- September Corn(CBOT)
- The CU2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 227.50(Prev Close), the market ended January at (Month Close),
that being 3%(Pct Range) off of
225.00(Month Low) to 234.25(Month High).
In comparing the December/January closes for each of the last 42 years(Total Years), Scenario found that the September Corn(CBOT) also closed
lower in January than December in 21(Cond Years) of those years.
Of those 21, CU went on to penetrate the January low within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the CU should penetrate 225.00(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 216.25(Average Objective).
- July Wheat(CBOT)
- The WN2(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 284.75(Prev Close), the market ended January at (Month Close),
that being 41%(Pct Range) off of
284.00(Month Low) to 306.50(Month High).
In comparing the December/January closes for each of the last 42 years(Total Years), Scenario found that the July Wheat(CBOT) also closed
higher in January than December in 18(Cond Years) of those years.
Of those 18, WN went on to exceed the January high within the next 2 months in 16 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the WN should exceed 306.50(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 322.77(Average Objective).
- September Wheat(CBOT)
- The WU2(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 289.00(Prev Close), the market ended January at (Month Close),
that being 42%(Pct Range) off of
288.25(Month Low) to 309.50(Month High).
In comparing the December/January closes for each of the last 42 years(Total Years), Scenario found that the September Wheat(CBOT) also closed
higher in January than December in 19(Cond Years) of those years.
Of those 19, WU went on to exceed the January high within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the WU should exceed 309.50(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 325.75(Average Objective).
- September Wheat(KCBT)
- The KWU2(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 301.50(Prev Close), the market ended January at (Month Close),
that being 23%(Pct Range) off of
301.50(Month Low) to 314.50(Month High).
In comparing the December/January closes for each of the last 25 years(Total Years), Scenario found that the September Wheat(KCBT) also closed
higher in January than December in 13(Cond Years) of those years.
Of those 13, KWU went on to exceed the January 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 KWU should exceed 314.50(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 335.46(Average Objective).
- May Wheat(MGE)
- The MWK2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 308.50(Prev Close), the market ended January at (Month Close),
that being 18%(Pct Range) off of
303.75(Month Low) to 318.75(Month High).
In comparing the December/January closes for each of the last 21 years(Total Years), Scenario found that the May Wheat(MGE) also closed
lower in January than December in 11(Cond Years) of those years.
Of those 11, MWK went on to penetrate the January low within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the MWK should penetrate 303.75(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 292.48(Average Objective).
- July Wheat(MGE)
- The MWN2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 314.50(Prev Close), the market ended January at (Month Close),
that being 18%(Pct Range) off of
310.50(Month Low) to 324.75(Month High).
In comparing the December/January closes for each of the last 21 years(Total Years), Scenario found that the July Wheat(MGE) also closed
lower in January than December in 11(Cond Years) of those years.
Of those 11, MWN went on to penetrate the January 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 MWN should penetrate 310.50(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 300.07(Average Objective).
- May Coffee "C"(NYBOT)
- The KCK2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 48.15(Prev Close), the market ended January at (Month Close),
that being 7%(Pct Range) off of
47.20(Month Low) to 53.50(Month High).
In comparing the December/January closes for each of the last 28 years(Total Years), Scenario found that the May Coffee "C"(NYBOT) also closed
lower in January than December in 17(Cond Years) of those years.
Of those 17, KCK went on to penetrate the January low within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the KCK should penetrate 47.20(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 43.67(Average Objective).
- July Coffee "C"(NYBOT)
- The KCN2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 50.10(Prev Close), the market ended January at (Month Close),
that being 8%(Pct Range) off of
49.60(Month Low) to 55.50(Month High).
In comparing the December/January closes for each of the last 28 years(Total Years), Scenario found that the July Coffee "C"(NYBOT) also closed
lower in January than December in 15(Cond Years) of those years.
Of those 15, KCN went on to penetrate the January 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 KCN should penetrate 49.60(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 45.85(Average Objective).
- September Coffee "C"(NYBOT)
- The KCU2(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 51.70(Prev Close), the market ended January at (Month Close),
that being 15%(Pct Range) off of
51.25(Month Low) to 57.35(Month High).
In comparing the December/January closes for each of the last 28 years(Total Years), Scenario found that the September Coffee "C"(NYBOT) also closed
higher in January than December in 13(Cond Years) of those years.
Of those 13, KCU went on to exceed the January 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 KCU should exceed 57.35(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 62.08(Average Objective).
- May Cocoa(NYBOT)
- The CCK2(Mkt) ended Higher(Cond) for
January(Month). Compared to December's 1297(Prev Close), the market ended January at (Month Close),
that being 59%(Pct Range) off of
1254(Month Low) to 1402(Month High).
In comparing the December/January closes for each of the last 42 years(Total Years), Scenario found that the May Cocoa(NYBOT) also closed
higher in January than December in 12(Cond Years) of those years.
Of those 12, CCK went on to exceed the January 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 CCK should exceed 1402(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 1520(Average Objective).
- July Cotton(NYBOT)
- The CTN2(Mkt) ended Lower(Cond) for
January(Month). Compared to December's 38.65(Prev Close), the market ended January at (Month Close),
that being 9%(Pct Range) off of
38.10(Month Low) to 41.30(Month High).
In comparing the December/January closes for each of the last 42 years(Total Years), Scenario found that the July Cotton(NYBOT) also closed
lower in January than December in 21(Cond Years) of those years.
Of those 21, CTN went on to penetrate the January low 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 penetrate 38.10(Scenario Objective) by no later than the end of March.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 36.11(Average Objective).
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