- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 9920.00(Prev Close), the market ended February at (Month Close),
that being 78%(Pct Range) off of
9580.00(Month Low) to 10255.00(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed
higher in February than January in 23(Cond Years) of those years.
Of those 23, the #DJ went on to exceed the February high within the next 2 months in 22 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 10255.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 10827.77(Average Objective).
- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 2797.80(Prev Close), the market ended February at (Month Close),
that being 75%(Pct Range) off of
2604.60(Month Low) to 2879.30(Month High).
In comparing the January/February closes for each of the last 32 years(Total Years), Scenario found that the Dow Jones Transportation also closed
higher in February than January in 19(Cond Years) of those years.
Of those 19, the #TRAN went on to exceed the February 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 the #TRAN should exceed 2879.30(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 3079.54(Average Objective).
- S & P Midcap 400 Index
- The #MID(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 505.29(Prev Close), the market ended February at (Month Close),
that being 76%(Pct Range) off of
484.75(Month Low) to 512.03(Month High).
In comparing the January/February closes for each of the last 21 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed
higher in February than January in 13(Cond Years) of those years.
Of those 13, the #MID went on to exceed the February 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 512.03(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 541.73(Average Objective).
- Nikkei 225 Index
- The #SSNI(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 9998(Prev Close), the market ended February at (Month Close),
that being 100%(Pct Range) off of
9421(Month Low) to 10573(Month High).
In comparing the January/February closes for each of the last 20 years(Total Years), Scenario found that the Nikkei 225 Index also closed
higher in February than January in 9(Cond Years) of those years.
Of those 9, the #SSNI went on to exceed the February high within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the the #SSNI should exceed 10573(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 11263(Average Objective).
- June NASDAQ 100(CME)
- The NDM2(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 1560.50(Prev Close), the market ended February at (Month Close),
that being 14%(Pct Range) off of
1340.00(Month Low) to 1542.00(Month High).
In comparing the January/February closes for each of the last 5 years(Total Years), Scenario found that the June NASDAQ 100(CME) also closed
lower in February than January in 3(Cond Years) of those years.
Of those 3, NDM went on to penetrate the February low within the next 2 months in 3 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NDM should penetrate 1340.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 3 years) a potential move
toward 1264.72(Average Objective).
- June 10-Year T-Notes(CBOT)
- The TYM2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 104~180(Prev Close), the market ended February at (Month Close),
that being 78%(Pct Range) off of
104~090(Month Low) to 106~120(Month High).
In comparing the January/February closes for each of the last 19 years(Total Years), Scenario found that the June 10-Year T-Notes(CBOT) also closed
higher in February than January in 9(Cond Years) of those years.
Of those 9, TYM went on to exceed the February high within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the TYM should exceed 106~120(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 108~131(Average Objective).
- September Eurodollars(IMM)
- The EDU2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 97.050(Prev Close), the market ended February at (Month Close),
that being 78%(Pct Range) off of
96.985(Month Low) to 97.425(Month High).
In comparing the January/February closes for each of the last 19 years(Total Years), Scenario found that the September Eurodollars(IMM) also closed
higher in February than January in 9(Cond Years) of those years.
Of those 9, EDU went on to exceed the February high within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the EDU should exceed 97.425(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 97.824(Average Objective).
- June Australian Dollar(IMM)
- The ADM2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 50.21(Prev Close), the market ended February at (Month Close),
that being 89%(Pct Range) off of
50.32(Month Low) to 51.50(Month High).
In comparing the January/February closes for each of the last 15 years(Total Years), Scenario found that the June Australian Dollar(IMM) also closed
higher in February than January in 8(Cond Years) of those years.
Of those 8, ADM went on to exceed the February high within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the ADM should exceed 51.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 53.33(Average Objective).
- July Crude Oil(NYM)
- The CLN2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 20.30(Prev Close), the market ended February at (Month Close),
that being 104%(Pct Range) off of
20.00(Month Low) to 21.92(Month High).
In comparing the January/February closes for each of the last 18 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed
higher in February than January in 9(Cond Years) of those years.
Of those 9, CLN went on to exceed the February high within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the CLN should exceed 21.92(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 24.03(Average Objective).
- August Crude Oil(NYM)
- The CLQ2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 20.35(Prev Close), the market ended February at (Month Close),
that being 102%(Pct Range) off of
20.23(Month Low) to 21.89(Month High).
In comparing the January/February closes for each of the last 18 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed
higher in February than January in 9(Cond Years) of those years.
Of those 9, CLQ went on to exceed the February high within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the CLQ should exceed 21.89(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 23.86(Average Objective).
- May Heating Oil(NYM)
- The HOK2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 53.56(Prev Close), the market ended February at (Month Close),
that being 95%(Pct Range) off of
52.10(Month Low) to 57.50(Month High).
In comparing the January/February closes for each of the last 22 years(Total Years), Scenario found that the May Heating Oil(NYM) also closed
higher in February than January in 7(Cond Years) of those years.
Of those 7, HOK went on to exceed the February high within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the HOK should exceed 57.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 63.53(Average Objective).
- June Heating Oil(NYM)
- The HOM2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 53.96(Prev Close), the market ended February at (Month Close),
that being 98%(Pct Range) off of
52.40(Month Low) to 57.60(Month High).
In comparing the January/February closes for each of the last 22 years(Total Years), Scenario found that the June Heating Oil(NYM) also closed
higher in February than January in 7(Cond Years) of those years.
Of those 7, HOM went on to exceed the February high within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the HOM should exceed 57.60(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 62.86(Average Objective).
- July Heating Oil(NYM)
- The HON2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 54.56(Prev Close), the market ended February at (Month Close),
that being 107%(Pct Range) off of
53.45(Month Low) to 57.67(Month High).
In comparing the January/February closes for each of the last 22 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed
higher in February than January in 7(Cond Years) of those years.
Of those 7, HON went on to exceed the February high within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the HON should exceed 57.67(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 62.50(Average Objective).
- May Unleaded Gas(NYM)
- The HUK2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 65.02(Prev Close), the market ended February at (Month Close),
that being 80%(Pct Range) off of
63.70(Month Low) to 69.70(Month High).
In comparing the January/February closes for each of the last 16 years(Total Years), Scenario found that the May Unleaded Gas(NYM) also closed
higher in February than January in 5(Cond Years) of those years.
Of those 5, HUK went on to exceed the February 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 HUK should exceed 69.70(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 84.67(Average Objective).
- June Unleaded Gas(NYM)
- The HUM2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 65.19(Prev Close), the market ended February at (Month Close),
that being 83%(Pct Range) off of
64.00(Month Low) to 69.80(Month High).
In comparing the January/February closes for each of the last 16 years(Total Years), Scenario found that the June Unleaded Gas(NYM) also closed
higher in February than January in 5(Cond Years) of those years.
Of those 5, HUM went on to exceed the February 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 HUM should exceed 69.80(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 81.78(Average Objective).
- July Unleaded Gas(NYM)
- The HUN2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 64.74(Prev Close), the market ended February at (Month Close),
that being 86%(Pct Range) off of
63.30(Month Low) to 69.09(Month High).
In comparing the January/February closes for each of the last 16 years(Total Years), Scenario found that the July Unleaded Gas(NYM) also closed
higher in February than January in 5(Cond Years) of those years.
Of those 5, HUN went on to exceed the February 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 HUN should exceed 69.09(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 79.80(Average Objective).
- August Unleaded Gas(NYM)
- The HUQ2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 63.66(Prev Close), the market ended February at (Month Close),
that being 84%(Pct Range) off of
63.15(Month Low) to 67.84(Month High).
In comparing the January/February closes for each of the last 16 years(Total Years), Scenario found that the August Unleaded Gas(NYM) also closed
higher in February than January in 7(Cond Years) of those years.
Of those 7, HUQ went on to exceed the February high within the next 2 months in 7 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the HUQ should exceed 67.84(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 74.56(Average Objective).
- May Soybeans(CBOT)
- The SK2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 434.00(Prev Close), the market ended February at (Month Close),
that being 53%(Pct Range) off of
429.50(Month Low) to 449.75(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the May Soybeans(CBOT) also closed
higher in February than January in 17(Cond Years) of those years.
Of those 17, SK went on to exceed the February high within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the SK should exceed 449.75(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 491.01(Average Objective).
- July Soybeans(CBOT)
- The SN2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 437.25(Prev Close), the market ended February at (Month Close),
that being 55%(Pct Range) off of
433.75(Month Low) to 454.50(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the July Soybeans(CBOT) also closed
higher in February than January in 19(Cond Years) of those years.
Of those 19, SN went on to exceed the February high within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the SN should exceed 454.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 490.99(Average Objective).
- August Soybeans(CBOT)
- The SQ2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 439.50(Prev Close), the market ended February at (Month Close),
that being 53%(Pct Range) off of
434.75(Month Low) to 454.50(Month High).
In comparing the January/February closes for each of the last 40 years(Total Years), Scenario found that the August Soybeans(CBOT) also closed
higher in February than January in 18(Cond Years) of those years.
Of those 18, SQ went on to exceed the February 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 SQ should exceed 454.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 490.43(Average Objective).
- July Soybean Oil(CBOT)
- The BON2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 15.60(Prev Close), the market ended February at (Month Close),
that being 25%(Pct Range) off of
15.48(Month Low) to 16.47(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed
higher in February than January in 23(Cond Years) of those years.
Of those 23, BON went on to exceed the February 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 BON should exceed 16.47(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 18.02(Average Objective).
- August Soybean Oil(CBOT)
- The BOQ2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 15.69(Prev Close), the market ended February at (Month Close),
that being 24%(Pct Range) off of
15.62(Month Low) to 16.55(Month High).
In comparing the January/February closes for each of the last 40 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed
higher in February than January in 22(Cond Years) of those years.
Of those 22, BOQ went on to exceed the February high within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the BOQ should exceed 16.55(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 18.08(Average Objective).
- May Soybean Meal(CBOT)
- The SMK2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 148.70(Prev Close), the market ended February at (Month Close),
that being 69%(Pct Range) off of
144.70(Month Low) to 154.00(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the May Soybean Meal(CBOT) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, SMK went on to exceed the February high within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the SMK should exceed 154.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 169.96(Average Objective).
- July Soybean Meal(CBOT)
- The SMN2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 147.90(Prev Close), the market ended February at (Month Close),
that being 71%(Pct Range) off of
145.00(Month Low) to 153.90(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the July Soybean Meal(CBOT) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, SMN went on to exceed the February high within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the SMN should exceed 153.90(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 167.96(Average Objective).
- August Soybean Meal(CBOT)
- The SMQ2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 147.10(Prev Close), the market ended February at (Month Close),
that being 61%(Pct Range) off of
145.20(Month Low) to 153.50(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the August Soybean Meal(CBOT) also closed
higher in February than January in 17(Cond Years) of those years.
Of those 17, SMQ went on to exceed the February high within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the SMQ should exceed 153.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 166.39(Average Objective).
- September Soybean Meal(CBOT)
- The SMU2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 146.40(Prev Close), the market ended February at (Month Close),
that being 55%(Pct Range) off of
145.00(Month Low) to 153.00(Month High).
In comparing the January/February closes for each of the last 40 years(Total Years), Scenario found that the September Soybean Meal(CBOT) also closed
higher in February than January in 19(Cond Years) of those years.
Of those 19, SMU went on to exceed the February high within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the SMU should exceed 153.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 162.49(Average Objective).
- September Wheat(CBOT)
- The WU2(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 297.25(Prev Close), the market ended February at (Month Close),
that being 3%(Pct Range) off of
285.00(Month Low) to 299.50(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the September Wheat(CBOT) also closed
lower in February than January in 25(Cond Years) of those years.
Of those 25, WU went on to penetrate the February low within the next 2 months in 21 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the WU should penetrate 285.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 270.92(Average Objective).
- May Wheat(KCBT)
- The KWK2(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 291.50(Prev Close), the market ended February at (Month Close),
that being 0%(Pct Range) off of
284.00(Month Low) to 296.00(Month High).
In comparing the January/February closes for each of the last 25 years(Total Years), Scenario found that the May Wheat(KCBT) also closed
lower in February than January in 16(Cond Years) of those years.
Of those 16, KWK went on to penetrate the February low within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the KWK should penetrate 284.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 269.58(Average Objective).
- May Pork Bellies(CME)
- The PBK2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 76.850(Prev Close), the market ended February at (Month Close),
that being 98%(Pct Range) off of
76.150(Month Low) to 83.900(Month High).
In comparing the January/February closes for each of the last 37 years(Total Years), Scenario found that the May Pork Bellies(CME) also closed
higher in February than January in 13(Cond Years) of those years.
Of those 13, PBK went on to exceed the February 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 PBK should exceed 83.900(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 97.713(Average Objective).
- July Pork Bellies(CME)
- The PBN2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 77.675(Prev Close), the market ended February at (Month Close),
that being 99%(Pct Range) off of
77.100(Month Low) to 84.400(Month High).
In comparing the January/February closes for each of the last 37 years(Total Years), Scenario found that the July Pork Bellies(CME) also closed
higher in February than January in 13(Cond Years) of those years.
Of those 13, PBN went on to exceed the February 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 PBN should exceed 84.400(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 98.159(Average Objective).
- July Orange Juice(NYBOT)
- The JON2(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 88.90(Prev Close), the market ended February at (Month Close),
that being 64%(Pct Range) off of
88.25(Month Low) to 91.30(Month High).
In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the July Orange Juice(NYBOT) also closed
higher in February than January in 13(Cond Years) of those years.
Of those 13, JON went on to exceed the February high within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the JON should exceed 91.30(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 98.68(Average Objective).
- May Coffee "C"(NYBOT)
- The KCK2(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 47.65(Prev Close), the market ended February at (Month Close),
that being 12%(Pct Range) off of
45.60(Month Low) to 51.30(Month High).
In comparing the January/February closes for each of the last 28 years(Total Years), Scenario found that the May Coffee "C"(NYBOT) also closed
lower in February than January in 13(Cond Years) of those years.
Of those 13, KCK went on to penetrate the February 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 KCK should penetrate 45.60(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 41.70(Average Objective).
- July Coffee "C"(NYBOT)
- The KCN2(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 50.05(Prev Close), the market ended February at (Month Close),
that being 5%(Pct Range) off of
48.15(Month Low) to 52.70(Month High).
In comparing the January/February closes for each of the last 28 years(Total Years), Scenario found that the July Coffee "C"(NYBOT) also closed
lower in February than January in 13(Cond Years) of those years.
Of those 13, KCN went on to penetrate the February 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 KCN should penetrate 48.15(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 44.12(Average Objective).
- September Coffee "C"(NYBOT)
- The KCU2(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 52.15(Prev Close), the market ended February at (Month Close),
that being 1%(Pct Range) off of
50.25(Month Low) to 54.25(Month High).
In comparing the January/February closes for each of the last 28 years(Total Years), Scenario found that the September Coffee "C"(NYBOT) also closed
lower in February than January in 13(Cond Years) of those years.
Of those 13, KCU went on to penetrate the February 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 50.25(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 45.95(Average Objective).
- October Sugar #11(NYBOT)
- The SBV2(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 5.60(Prev Close), the market ended February at (Month Close),
that being 32%(Pct Range) off of
5.03(Month Low) to 5.72(Month High).
In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the October Sugar #11(NYBOT) also closed
lower in February than January in 20(Cond Years) of those years.
Of those 20, SBV went on to penetrate the February 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 SBV should penetrate 5.03(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 4.23(Average Objective).
- May Cotton(NYBOT)
- The CTK2(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 37.02(Prev Close), the market ended February at (Month Close),
that being 16%(Pct Range) off of
35.00(Month Low) to 40.55(Month High).
In comparing the January/February closes for each of the last 41 years(Total Years), Scenario found that the May Cotton(NYBOT) also closed
lower in February than January in 19(Cond Years) of those years.
Of those 19, CTK went on to penetrate the February low within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the CTK should penetrate 35.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 32.99(Average Objective).
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