- Dow Jones Industrial Average
- The #DJ(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 10106.00(Prev Close), the market ended March at (Month Close),
that being 52%(Pct Range) off of
10111.00(Month Low) to 10673.00(Month High).
In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Industrial Average also closed
higher in March than February in 28(Cond Years) of those years.
Of those 28, the #DJ went on to exceed the March high within the next 2 months in 25 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 10673.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 25 years) a potential move
toward 11293.58(Average Objective).
- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 2810.90(Prev Close), the market ended March at (Month Close),
that being 45%(Pct Range) off of
2808.60(Month Low) to 3051.00(Month High).
In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the Dow Jones Transportation also closed
higher in March than February in 21(Cond Years) of those years.
Of those 21, the #TRAN went on to exceed the March high within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the the #TRAN should exceed 3051.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 3285.02(Average Objective).
- Dow Jones Utilities
- The #UTIL(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 279.60(Prev Close), the market ended March at (Month Close),
that being 90%(Pct Range) off of
279.50(Month Low) to 308.60(Month High).
In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the Dow Jones Utilities also closed
higher in March than February in 15(Cond Years) of those years.
Of those 15, the #UTIL went on to exceed the March 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 the #UTIL should exceed 308.60(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 320.90(Average Objective).
- S & P 100(OEX)
- The #OEX(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 562.40(Prev Close), the market ended March at (Month Close),
that being 45%(Pct Range) off of
563.45(Month Low) to 595.10(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the S & P 100(OEX) also closed
higher in March than February in 12(Cond Years) of those years.
Of those 12, the #OEX went on to exceed the March high within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the the #OEX should exceed 595.10(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 623.96(Average Objective).
- NYSE Composite Index Close
- The #YX(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 578.60(Prev Close), the market ended March at (Month Close),
that being 67%(Pct Range) off of
578.70(Month Low) to 611.00(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the NYSE Composite Index Close also closed
higher in March than February in 12(Cond Years) of those years.
Of those 12, the #YX went on to exceed the March high within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the the #YX should exceed 611.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 637.47(Average Objective).
- Value-Line Index
- The #VLE(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 1210.60(Prev Close), the market ended March at (Month Close),
that being 95%(Pct Range) off of
1212.30(Month Low) to 1315.60(Month High).
In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the Value-Line Index also closed
higher in March than February in 14(Cond Years) of those years.
Of those 14, the #VLE went on to exceed the March high within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the the #VLE should exceed 1315.60(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 1375.01(Average Objective).
- Nikkei 225 Index
- The #SSNI(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 10588(Prev Close), the market ended March at (Month Close),
that being 53%(Pct Range) off of
10540(Month Low) to 12034(Month High).
In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the Nikkei 225 Index also closed
higher in March than February in 12(Cond Years) of those years.
Of those 12, the #SSNI went on to exceed the March 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 the #SSNI should exceed 12034(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 12706(Average Objective).
- S & P 500 Stock Index
- The #SP(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 1106.75(Prev Close), the market ended March at (Month Close),
that being 59%(Pct Range) off of
1108.75(Month Low) to 1173.95(Month High).
In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed
higher in March than February in 30(Cond Years) of those years.
Of those 30, the #SP went on to exceed the March high within the next 2 months in 26 years(Action Years) or 87%(Pct) of the time.
Therefore, the historical odds are high that the the #SP should exceed 1173.95(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 26 years) a potential move
toward 1235.01(Average Objective).
- June S & P 500(CME)
- The SPM2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 1109.00(Prev Close), the market ended March at (Month Close),
that being 57%(Pct Range) off of
1113.00(Month Low) to 1177.00(Month High).
In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the June S & P 500(CME) also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, SPM went on to exceed the March 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 SPM should exceed 1177.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 1235.83(Average Objective).
- June NYSE Composite(NYFE)
- The YXM2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 579.20(Prev Close), the market ended March at (Month Close),
that being 65%(Pct Range) off of
581.40(Month Low) to 611.50(Month High).
In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the June NYSE Composite(NYFE) also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, YXM went on to exceed the March 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 YXM should exceed 611.50(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 640.03(Average Objective).
- July Crude Oil(NYM)
- The CLN2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 21.99(Prev Close), the market ended March at (Month Close),
that being 99%(Pct Range) off of
22.35(Month Low) to 26.37(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed
higher in March than February in 12(Cond Years) of those years.
Of those 12, CLN went on to exceed the March high within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the CLN should exceed 26.37(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 28.68(Average Objective).
- August Crude Oil(NYM)
- The CLQ2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 21.93(Prev Close), the market ended March at (Month Close),
that being 99%(Pct Range) off of
22.25(Month Low) to 26.15(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, CLQ went on to exceed the March 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 CLQ should exceed 26.15(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 28.49(Average Objective).
- September Crude Oil(NYM)
- The CLU2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 21.87(Prev Close), the market ended March at (Month Close),
that being 98%(Pct Range) off of
22.30(Month Low) to 26.00(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the September Crude Oil(NYM) also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, CLU went on to exceed the March 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 CLU should exceed 26.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 28.13(Average Objective).
- October Crude Oil(NYM)
- The CLV2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 21.83(Prev Close), the market ended March at (Month Close),
that being 100%(Pct Range) off of
22.20(Month Low) to 25.69(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the October Crude Oil(NYM) also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, CLV went on to exceed the March 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 CLV should exceed 25.69(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 27.67(Average Objective).
- July Heating Oil(NYM)
- The HON2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 57.95(Prev Close), the market ended March at (Month Close),
that being 98%(Pct Range) off of
58.70(Month Low) to 68.10(Month High).
In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed
higher in March than February in 15(Cond Years) of those years.
Of those 15, HON went on to exceed the March 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 HON should exceed 68.10(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 74.25(Average Objective).
- August Heating Oil(NYM)
- The HOQ2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 58.65(Prev Close), the market ended March at (Month Close),
that being 100%(Pct Range) off of
59.40(Month Low) to 68.40(Month High).
In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed
higher in March than February in 15(Cond Years) of those years.
Of those 15, HOQ went on to exceed the March 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 HOQ should exceed 68.40(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 74.32(Average Objective).
- September Heating Oil(NYM)
- The HOU2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 59.50(Prev Close), the market ended March at (Month Close),
that being 99%(Pct Range) off of
60.40(Month Low) to 69.20(Month High).
In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the September Heating Oil(NYM) also closed
higher in March than February in 14(Cond Years) of those years.
Of those 14, HOU went on to exceed the March high within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the HOU should exceed 69.20(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 74.35(Average Objective).
- July Unleaded Gas(NYM)
- The HUN2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 68.30(Prev Close), the market ended March at (Month Close),
that being 98%(Pct Range) off of
69.40(Month Low) to 81.50(Month High).
In comparing the February/March closes for each of the last 16 years(Total Years), Scenario found that the July Unleaded Gas(NYM) also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, HUN went on to exceed the March 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 HUN should exceed 81.50(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 88.79(Average Objective).
- August Unleaded Gas(NYM)
- The HUQ2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 67.10(Prev Close), the market ended March at (Month Close),
that being 100%(Pct Range) off of
67.80(Month Low) to 79.10(Month High).
In comparing the February/March closes for each of the last 16 years(Total Years), Scenario found that the August Unleaded Gas(NYM) also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, HUQ went on to exceed the March 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 HUQ should exceed 79.10(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 85.36(Average Objective).
- September Unleaded Gas(NYM)
- The HUU2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 65.40(Prev Close), the market ended March at (Month Close),
that being 100%(Pct Range) off of
67.00(Month Low) to 76.40(Month High).
In comparing the February/March closes for each of the last 16 years(Total Years), Scenario found that the September Unleaded Gas(NYM) also closed
higher in March than February in 14(Cond Years) of those years.
Of those 14, HUU went on to exceed the March high within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the HUU should exceed 76.40(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 82.58(Average Objective).
- July Natural Gas(NYM)
- The NGN2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 2.536(Prev Close), the market ended March at (Month Close),
that being 75%(Pct Range) off of
2.535(Month Low) to 3.620(Month High).
In comparing the February/March closes for each of the last 11 years(Total Years), Scenario found that the July Natural Gas(NYM) also closed
higher in March than February in 8(Cond Years) of those years.
Of those 8, NGN went on to exceed the March 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 NGN should exceed 3.620(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 4.171(Average Objective).
- August Natural Gas(NYM)
- The NGQ2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 2.591(Prev Close), the market ended March at (Month Close),
that being 76%(Pct Range) off of
2.592(Month Low) to 3.630(Month High).
In comparing the February/March closes for each of the last 11 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed
higher in March than February in 8(Cond Years) of those years.
Of those 8, NGQ went on to exceed the March 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 NGQ should exceed 3.630(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 4.175(Average Objective).
- September Natural Gas(NYM)
- The NGU2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 2.606(Prev Close), the market ended March at (Month Close),
that being 75%(Pct Range) off of
2.600(Month Low) to 3.645(Month High).
In comparing the February/March closes for each of the last 11 years(Total Years), Scenario found that the September Natural Gas(NYM) also closed
higher in March than February in 8(Cond Years) of those years.
Of those 8, NGU went on to exceed the March 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 NGU should exceed 3.645(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 4.151(Average Objective).
- November Soybeans(CBOT)
- The SX2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 451.00(Prev Close), the market ended March at (Month Close),
that being 87%(Pct Range) off of
451.00(Month Low) to 485.00(Month High).
In comparing the February/March closes for each of the last 42 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed
higher in March than February in 23(Cond Years) of those years.
Of those 23, SX went on to exceed the March high within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the SX should exceed 485.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 510.41(Average Objective).
- July Soybean Oil(CBOT)
- The BON2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 15.73(Prev Close), the market ended March at (Month Close),
that being 57%(Pct Range) off of
15.80(Month Low) to 17.35(Month High).
In comparing the February/March closes for each of the last 42 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed
higher in March than February in 20(Cond Years) of those years.
Of those 20, BON went on to exceed the March high within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the BON should exceed 17.35(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 18.96(Average Objective).
- October Soybean Oil(CBOT)
- The BOV2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 16.08(Prev Close), the market ended March at (Month Close),
that being 51%(Pct Range) off of
16.27(Month Low) to 17.70(Month High).
In comparing the February/March closes for each of the last 41 years(Total Years), Scenario found that the October Soybean Oil(CBOT) also closed
higher in March than February in 24(Cond Years) of those years.
Of those 24, BOV went on to exceed the March high within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the BOV should exceed 17.70(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 19.16(Average Objective).
- December Soybean Oil(CBOT)
- The BOZ2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 16.37(Prev Close), the market ended March at (Month Close),
that being 54%(Pct Range) off of
16.46(Month Low) to 18.00(Month High).
In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the December Soybean Oil(CBOT) also closed
higher in March than February in 26(Cond Years) of those years.
Of those 26, BOZ went on to exceed the March high within the next 2 months in 25 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the BOZ should exceed 18.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 25 years) a potential move
toward 19.43(Average Objective).
- September Corn(CBOT)
- The CU2(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 220.50(Prev Close), the market ended March at (Month Close),
that being 3%(Pct Range) off of
215.00(Month Low) to 225.00(Month High).
In comparing the February/March closes for each of the last 42 years(Total Years), Scenario found that the September Corn(CBOT) also closed
lower in March than February in 16(Cond Years) of those years.
Of those 16, CU went on to penetrate the March low within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the CU should penetrate 215.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 202.61(Average Objective).
- July Rough Rice(MCE)
- The RRN2(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 3.98(Prev Close), the market ended March at (Month Close),
that being 38%(Pct Range) off of
3.85(Month Low) to 4.11(Month High).
In comparing the February/March closes for each of the last 12 years(Total Years), Scenario found that the July Rough Rice(MCE) also closed
lower in March than February in 8(Cond Years) of those years.
Of those 8, RRN went on to penetrate the March 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 RRN should penetrate 3.85(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 3.54(Average Objective).
- September Rough Rice(MCE)
- The RRU2(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 4.21(Prev Close), the market ended March at (Month Close),
that being 24%(Pct Range) off of
4.10(Month Low) to 4.35(Month High).
In comparing the February/March closes for each of the last 15 years(Total Years), Scenario found that the September Rough Rice(MCE) also closed
lower in March than February in 8(Cond Years) of those years.
Of those 8, RRU went on to penetrate the March 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 RRU should penetrate 4.10(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 3.70(Average Objective).
- June Live Cattle(CME)
- The LCM2(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 69.625(Prev Close), the market ended March at (Month Close),
that being 11%(Pct Range) off of
65.200(Month Low) to 70.750(Month High).
In comparing the February/March closes for each of the last 37 years(Total Years), Scenario found that the June Live Cattle(CME) also closed
lower in March than February in 15(Cond Years) of those years.
Of those 15, LCM went on to penetrate the March low within the next 2 months in 15 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the LCM should penetrate 65.200(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 60.511(Average Objective).
- August Live Cattle(CME)
- The LCQ2(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 69.550(Prev Close), the market ended March at (Month Close),
that being 9%(Pct Range) off of
65.000(Month Low) to 70.275(Month High).
In comparing the February/March closes for each of the last 37 years(Total Years), Scenario found that the August Live Cattle(CME) also closed
lower in March than February in 16(Cond Years) of those years.
Of those 16, LCQ went on to penetrate the March low within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the LCQ should penetrate 65.000(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 61.349(Average Objective).
- August Feeder Cattle(CME)
- The FCQ2(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 84.075(Prev Close), the market ended March at (Month Close),
that being 19%(Pct Range) off of
80.825(Month Low) to 85.575(Month High).
In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed
lower in March than February in 15(Cond Years) of those years.
Of those 15, FCQ went on to penetrate the March low within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.
Therefore, the historical odds are high that the FCQ should penetrate 80.825(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 76.246(Average Objective).
- October Sugar #11(CSCE)
- The SBV2(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 5.25(Prev Close), the market ended March at (Month Close),
that being 7%(Pct Range) off of
5.28(Month Low) to 5.72(Month High).
In comparing the February/March closes for each of the last 38 years(Total Years), Scenario found that the October Sugar #11(CSCE) also closed
higher in March than February in 17(Cond Years) of those years.
Of those 17, SBV went on to exceed the March 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 SBV should exceed 5.72(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 6.23(Average Objective).
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