MRCI's Scenario Summary

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MRCI's Scenario^SM Summary


MRCI's Scenario^SM Summary

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

Some data provided by Prophetfinance.com

Scenario^SM Summary Apr 30, 2002

Historical Data Scenario Data Current Market Data

Mkt
Cond
Month Prev
Close Month
High Month
Low Month
Close Pct
Range Total
Years Cond
Years Action
Years
Pct Scenario
Objective Average
Objective Last
Price

#COMPX Lower Apr 1845.30 1865.40 1641.00 1656.90 7% 6 1 1 100% Yes 1656.90

#RUT Higher Apr 506.46 523.79 493.76 510.67 56% 23 15 13 87% 523.79 555.58 510.67

#SSNI Higher Apr 11025 11813 10896 11541 70% 20 13 13 100% Yes 12294 11541

NDU2 Lower Apr 1469.50 1493.50 1250.00 1287.50 15% 5 1 1 100% 1250.00 1287.50

USU2 Higher Apr 97~04 101~08 96~29 101~06 99% 24 9 8 89% 101~08 107~20 101~06

TYU2 Higher Apr 101~080 104~135 101~050 104~085 95% 19 7 6 86% 104~135 108~129 104~085

EDU2 Higher Apr 96.735 97.500 96.710 97.450 94% 20 11 10 91% 97.500 98.135 97.450

ADU2 Higher Apr 52.75 53.86 52.15 53.27 65% 15 9 8 89% 53.86 55.68 53.27

PAU2 Lower Apr 387.90 389.65 360.00 355.50 -15% 25 14 12 86% 360.00 323.08 355.50

CLU2 Higher Apr 25.92 27.40 23.00 26.38 77% 19 13 11 85% 27.40 29.23 26.38

CLV2 Higher Apr 25.69 26.90 22.90 26.12 81% 19 13 11 85% 26.90 28.56 26.12

CLX2 Higher Apr 25.46 26.80 22.75 25.88 77% 19 13 11 85% 26.80 28.31 25.88

CLZ2 Higher Apr 25.23 26.50 22.60 25.64 78% 19 13 11 85% 26.50 27.96 25.64

NGQ2 Higher Apr 3.382 3.860 3.170 3.853 99% 11 7 6 86% 3.860 4.462 3.853

NGU2 Higher Apr 3.387 3.880 3.175 3.848 95% 11 7 6 86% 3.880 4.423 3.848

NGV2 Higher Apr 3.401 3.850 3.190 3.848 100% 11 7 6 86% 3.850 4.322 3.848

SQ2 Lower Apr 480.50 480.50 455.00 463.50 33% 40 21 18 86% 455.00 430.43 463.50

SMU2 Lower Apr 157.00 158.20 148.90 153.40 48% 41 18 17 94% 148.90 141.22 153.40

SMZ2 Lower Apr 157.00 158.00 147.00 150.60 33% 39 20 18 90% 147.00 138.17 150.60

CU2 Lower Apr 215.25 217.50 206.25 207.25 9% 42 24 21 88% 206.25 189.87 207.25

CZ2 Lower Apr 224.00 226.00 215.00 217.25 20% 42 23 21 91% 215.00 199.27 217.25

WU2 Lower Apr 294.25 298.50 271.00 275.50 16% 42 20 18 90% 271.00 253.44 275.50

WZ2 Lower Apr 304.50 308.25 283.50 287.25 15% 42 20 18 90% 283.50 266.40 287.25

MWZ2 Lower Apr 326.00 331.00 305.75 306.75 4% 21 8 7 88% 305.75 291.07 306.75

OU2 Lower Apr 144.00 146.00 120.50 121.00 2% 27 9 8 89% 120.50 107.54 121.00

OZ2 Lower Apr 143.75 144.75 124.00 124.25 1% 27 9 8 89% 124.00 111.23 124.25

RRU2 Lower Apr 4.16 4.21 3.97 4.01 17% 15 8 8 100% Yes 3.70 4.01

LCQ2 Lower Apr 65.500 66.600 59.750 63.780 59% 37 16 14 88% 59.750 56.539 63.780

LEN2 Lower Apr 58.900 59.350 50.500 52.380 21% 32 10 10 100% 50.500 47.227 52.380

LEQ2 Lower Apr 56.550 57.050 49.000 51.225 28% 32 9 9 100% 49.000 45.605 51.225

LEV2 Lower Apr 47.800 48.000 42.000 43.050 17% 32 11 10 91% 42.000 39.197 43.050

LEZ2 Lower Apr 45.300 46.150 39.850 40.300 7% 32 13 11 85% 39.850 37.435 40.300

PBQ2 Lower Apr 75.550 75.600 63.300 67.000 30% 39 18 17 94% 63.300 52.903 67.000

KCU2 Lower Apr 60.60 63.25 52.75 55.35 25% 28 13 12 92% 52.75 45.56 55.35

KCZ2 Lower Apr 61.60 64.15 55.85 57.80 23% 28 13 11 85% 55.85 48.32 57.80

NASDAQ Composite Index: The #COMPX(Mkt) ended Lower(Cond) for April(Month). Compared to March's 1845.30(Prev Close), the market ended April at (Month Close), that being 7%(Pct Range) off of 1641.00(Month Low) to 1865.40(Month High).

In comparing the March/April closes for each of the last 6 years(Total Years), Scenario found that the NASDAQ Composite Index also closed lower in April than March in 1(Cond Years) of those years. Of those 1, the #COMPX went on to penetrate the April low within the next 2 months in 1 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #COMPX should penetrate 1641.00(Scenario Objective) by no later than the end of June.
Russell 2000 Index: The #RUT(Mkt) ended Higher(Cond) for April(Month). Compared to March's 506.46(Prev Close), the market ended April at (Month Close), that being 56%(Pct Range) off of 493.76(Month Low) to 523.79(Month High).

In comparing the March/April closes for each of the last 23 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in April than March in 15(Cond Years) of those years. Of those 15, the #RUT went on to exceed the April 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 #RUT should exceed 523.79(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 555.58(Average Objective).
Nikkei 225 Index: The #SSNI(Mkt) ended Higher(Cond) for April(Month). Compared to March's 11025(Prev Close), the market ended April at (Month Close), that being 70%(Pct Range) off of 10896(Month Low) to 11813(Month High).

In comparing the March/April closes for each of the last 20 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in April than March in 13(Cond Years) of those years. Of those 13, the #SSNI went on to exceed the April high within the next 2 months in 13 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #SSNI should exceed 11813(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 12294(Average Objective).
September NASDAQ 100(CME): The NDU2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 1469.50(Prev Close), the market ended April at (Month Close), that being 15%(Pct Range) off of 1250.00(Month Low) to 1493.50(Month High).

In comparing the March/April closes for each of the last 5 years(Total Years), Scenario found that the September NASDAQ 100(CME) also closed lower in April than March in 1(Cond Years) of those years. Of those 1, NDU went on to penetrate the April low within the next 2 months in 1 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NDU should penetrate 1250.00(Scenario Objective) by no later than the end of June.
September 30-Year T-Bonds(CBOT): The USU2(Mkt) ended Higher(Cond) for April(Month). Compared to March's 97~04(Prev Close), the market ended April at (Month Close), that being 99%(Pct Range) off of 96~29(Month Low) to 101~08(Month High).

In comparing the March/April closes for each of the last 24 years(Total Years), Scenario found that the September 30-Year T-Bonds(CBOT) also closed higher in April than March in 9(Cond Years) of those years. Of those 9, USU went on to exceed the April 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 USU should exceed 101~08(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 107~20(Average Objective).
September 10-Year T-Notes(CBOT): The TYU2(Mkt) ended Higher(Cond) for April(Month). Compared to March's 101~080(Prev Close), the market ended April at (Month Close), that being 95%(Pct Range) off of 101~050(Month Low) to 104~135(Month High).

In comparing the March/April closes for each of the last 19 years(Total Years), Scenario found that the September 10-Year T-Notes(CBOT) also closed higher in April than March in 7(Cond Years) of those years. Of those 7, TYU went on to exceed the April 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 TYU should exceed 104~135(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 108~129(Average Objective).
September Eurodollars(IMM): The EDU2(Mkt) ended Higher(Cond) for April(Month). Compared to March's 96.735(Prev Close), the market ended April at (Month Close), that being 94%(Pct Range) off of 96.710(Month Low) to 97.500(Month High).

In comparing the March/April closes for each of the last 20 years(Total Years), Scenario found that the September Eurodollars(IMM) also closed higher in April than March in 11(Cond Years) of those years. Of those 11, EDU went on to exceed the April high within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the EDU should exceed 97.500(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 98.135(Average Objective).
September Australian Dollar(IMM): The ADU2(Mkt) ended Higher(Cond) for April(Month). Compared to March's 52.75(Prev Close), the market ended April at (Month Close), that being 65%(Pct Range) off of 52.15(Month Low) to 53.86(Month High).

In comparing the March/April closes for each of the last 15 years(Total Years), Scenario found that the September Australian Dollar(IMM) also closed higher in April than March in 9(Cond Years) of those years. Of those 9, ADU went on to exceed the April 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 ADU should exceed 53.86(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 55.68(Average Objective).
September Palladium(NYME): The PAU2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 387.90(Prev Close), the market ended April at (Month Close), that being -15%(Pct Range) off of 360.00(Month Low) to 389.65(Month High).

In comparing the March/April closes for each of the last 25 years(Total Years), Scenario found that the September Palladium(NYME) also closed lower in April than March in 14(Cond Years) of those years. Of those 14, PAU went on to penetrate the April 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 PAU should penetrate 360.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 323.08(Average Objective).
September Crude Oil(NYM): The CLU2(Mkt) ended Higher(Cond) for April(Month). Compared to March's 25.92(Prev Close), the market ended April at (Month Close), that being 77%(Pct Range) off of 23.00(Month Low) to 27.40(Month High).

In comparing the March/April closes for each of the last 19 years(Total Years), Scenario found that the September Crude Oil(NYM) also closed higher in April than March in 13(Cond Years) of those years. Of those 13, CLU went on to exceed the April 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 27.40(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 29.23(Average Objective).
October Crude Oil(NYM): The CLV2(Mkt) ended Higher(Cond) for April(Month). Compared to March's 25.69(Prev Close), the market ended April at (Month Close), that being 81%(Pct Range) off of 22.90(Month Low) to 26.90(Month High).

In comparing the March/April closes for each of the last 19 years(Total Years), Scenario found that the October Crude Oil(NYM) also closed higher in April than March in 13(Cond Years) of those years. Of those 13, CLV went on to exceed the April 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 26.90(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 28.56(Average Objective).
November Crude Oil(NYM): The CLX2(Mkt) ended Higher(Cond) for April(Month). Compared to March's 25.46(Prev Close), the market ended April at (Month Close), that being 77%(Pct Range) off of 22.75(Month Low) to 26.80(Month High).

In comparing the March/April closes for each of the last 19 years(Total Years), Scenario found that the November Crude Oil(NYM) also closed higher in April than March in 13(Cond Years) of those years. Of those 13, CLX went on to exceed the April 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 CLX should exceed 26.80(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 28.31(Average Objective).
December Crude Oil(NYM): The CLZ2(Mkt) ended Higher(Cond) for April(Month). Compared to March's 25.23(Prev Close), the market ended April at (Month Close), that being 78%(Pct Range) off of 22.60(Month Low) to 26.50(Month High).

In comparing the March/April closes for each of the last 19 years(Total Years), Scenario found that the December Crude Oil(NYM) also closed higher in April than March in 13(Cond Years) of those years. Of those 13, CLZ went on to exceed the April 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 CLZ should exceed 26.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 27.96(Average Objective).
August Natural Gas(NYM): The NGQ2(Mkt) ended Higher(Cond) for April(Month). Compared to March's 3.382(Prev Close), the market ended April at (Month Close), that being 99%(Pct Range) off of 3.170(Month Low) to 3.860(Month High).

In comparing the March/April closes for each of the last 11 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed higher in April than March in 7(Cond Years) of those years. Of those 7, NGQ went on to exceed the April 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 NGQ should exceed 3.860(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 4.462(Average Objective).
September Natural Gas(NYM): The NGU2(Mkt) ended Higher(Cond) for April(Month). Compared to March's 3.387(Prev Close), the market ended April at (Month Close), that being 95%(Pct Range) off of 3.175(Month Low) to 3.880(Month High).

In comparing the March/April closes for each of the last 11 years(Total Years), Scenario found that the September Natural Gas(NYM) also closed higher in April than March in 7(Cond Years) of those years. Of those 7, NGU went on to exceed the April 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 NGU should exceed 3.880(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 4.423(Average Objective).
October Natural Gas(NYM): The NGV2(Mkt) ended Higher(Cond) for April(Month). Compared to March's 3.401(Prev Close), the market ended April at (Month Close), that being 100%(Pct Range) off of 3.190(Month Low) to 3.850(Month High).

In comparing the March/April closes for each of the last 11 years(Total Years), Scenario found that the October Natural Gas(NYM) also closed higher in April than March in 7(Cond Years) of those years. Of those 7, NGV went on to exceed the April 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 NGV should exceed 3.850(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 4.322(Average Objective).
August Soybeans(CBOT): The SQ2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 480.50(Prev Close), the market ended April at (Month Close), that being 33%(Pct Range) off of 455.00(Month Low) to 480.50(Month High).

In comparing the March/April closes for each of the last 40 years(Total Years), Scenario found that the August Soybeans(CBOT) also closed lower in April than March in 21(Cond Years) of those years. Of those 21, SQ went on to penetrate the April 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 SQ should penetrate 455.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 430.43(Average Objective).
September Soybean Meal(CBOT): The SMU2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 157.00(Prev Close), the market ended April at (Month Close), that being 48%(Pct Range) off of 148.90(Month Low) to 158.20(Month High).

In comparing the March/April closes for each of the last 41 years(Total Years), Scenario found that the September Soybean Meal(CBOT) also closed lower in April than March in 18(Cond Years) of those years. Of those 18, SMU went on to penetrate the April 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 SMU should penetrate 148.90(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 141.22(Average Objective).
December Soybean Meal(CBOT): The SMZ2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 157.00(Prev Close), the market ended April at (Month Close), that being 33%(Pct Range) off of 147.00(Month Low) to 158.00(Month High).

In comparing the March/April closes for each of the last 39 years(Total Years), Scenario found that the December Soybean Meal(CBOT) also closed lower in April than March in 20(Cond Years) of those years. Of those 20, SMZ went on to penetrate the April low within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the SMZ should penetrate 147.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 138.17(Average Objective).
September Corn(CBOT): The CU2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 215.25(Prev Close), the market ended April at (Month Close), that being 9%(Pct Range) off of 206.25(Month Low) to 217.50(Month High).

In comparing the March/April closes for each of the last 42 years(Total Years), Scenario found that the September Corn(CBOT) also closed lower in April than March in 24(Cond Years) of those years. Of those 24, CU went on to penetrate the April low within the next 2 months in 21 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CU should penetrate 206.25(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 189.87(Average Objective).
December Corn(CBOT): The CZ2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 224.00(Prev Close), the market ended April at (Month Close), that being 20%(Pct Range) off of 215.00(Month Low) to 226.00(Month High).

In comparing the March/April closes for each of the last 42 years(Total Years), Scenario found that the December Corn(CBOT) also closed lower in April than March in 23(Cond Years) of those years. Of those 23, CZ went on to penetrate the April low within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the CZ should penetrate 215.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 199.27(Average Objective).
September Wheat(CBOT): The WU2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 294.25(Prev Close), the market ended April at (Month Close), that being 16%(Pct Range) off of 271.00(Month Low) to 298.50(Month High).

In comparing the March/April closes for each of the last 42 years(Total Years), Scenario found that the September Wheat(CBOT) also closed lower in April than March in 20(Cond Years) of those years. Of those 20, WU went on to penetrate the April low within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the WU should penetrate 271.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 253.44(Average Objective).
December Wheat(CBOT): The WZ2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 304.50(Prev Close), the market ended April at (Month Close), that being 15%(Pct Range) off of 283.50(Month Low) to 308.25(Month High).

In comparing the March/April closes for each of the last 42 years(Total Years), Scenario found that the December Wheat(CBOT) also closed lower in April than March in 20(Cond Years) of those years. Of those 20, WZ went on to penetrate the April low within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the WZ should penetrate 283.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 266.40(Average Objective).
December Wheat(MGE): The MWZ2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 326.00(Prev Close), the market ended April at (Month Close), that being 4%(Pct Range) off of 305.75(Month Low) to 331.00(Month High).

In comparing the March/April closes for each of the last 21 years(Total Years), Scenario found that the December Wheat(MGE) also closed lower in April than March in 8(Cond Years) of those years. Of those 8, MWZ went on to penetrate the April 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 MWZ should penetrate 305.75(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 291.07(Average Objective).
September Oats(CBOT): The OU2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 144.00(Prev Close), the market ended April at (Month Close), that being 2%(Pct Range) off of 120.50(Month Low) to 146.00(Month High).

In comparing the March/April closes for each of the last 27 years(Total Years), Scenario found that the September Oats(CBOT) also closed lower in April than March in 9(Cond Years) of those years. Of those 9, OU went on to penetrate the April 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 OU should penetrate 120.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 107.54(Average Objective).
December Oats(CBOT): The OZ2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 143.75(Prev Close), the market ended April at (Month Close), that being 1%(Pct Range) off of 124.00(Month Low) to 144.75(Month High).

In comparing the March/April closes for each of the last 27 years(Total Years), Scenario found that the December Oats(CBOT) also closed lower in April than March in 9(Cond Years) of those years. Of those 9, OZ went on to penetrate the April 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 OZ should penetrate 124.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 111.23(Average Objective).
September Rough Rice(CBOT): The RRU2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 4.16(Prev Close), the market ended April at (Month Close), that being 17%(Pct Range) off of 3.97(Month Low) to 4.21(Month High).

In comparing the March/April closes for each of the last 15 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed lower in April than March in 8(Cond Years) of those years. Of those 8, RRU went on to penetrate the April 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 RRU should penetrate 3.97(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 3.70(Average Objective).
August Live Cattle(CME): The LCQ2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 65.500(Prev Close), the market ended April at (Month Close), that being 59%(Pct Range) off of 59.750(Month Low) to 66.600(Month High).

In comparing the March/April closes for each of the last 37 years(Total Years), Scenario found that the August Live Cattle(CME) also closed lower in April than March in 16(Cond Years) of those years. Of those 16, LCQ went on to penetrate the April 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 LCQ should penetrate 59.750(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 56.539(Average Objective).
July Lean Hogs(CME): The LEN2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 58.900(Prev Close), the market ended April at (Month Close), that being 21%(Pct Range) off of 50.500(Month Low) to 59.350(Month High).

In comparing the March/April closes for each of the last 32 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed lower in April than March in 10(Cond Years) of those years. Of those 10, LEN went on to penetrate the April low within the next 2 months in 10 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the LEN should penetrate 50.500(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 47.227(Average Objective).
August Lean Hogs(CME): The LEQ2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 56.550(Prev Close), the market ended April at (Month Close), that being 28%(Pct Range) off of 49.000(Month Low) to 57.050(Month High).

In comparing the March/April closes for each of the last 32 years(Total Years), Scenario found that the August Lean Hogs(CME) also closed lower in April than March in 9(Cond Years) of those years. Of those 9, LEQ went on to penetrate the April low within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the LEQ should penetrate 49.000(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 45.605(Average Objective).
October Lean Hogs(CME): The LEV2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 47.800(Prev Close), the market ended April at (Month Close), that being 17%(Pct Range) off of 42.000(Month Low) to 48.000(Month High).

In comparing the March/April closes for each of the last 32 years(Total Years), Scenario found that the October Lean Hogs(CME) also closed lower in April than March in 11(Cond Years) of those years. Of those 11, LEV went on to penetrate the April 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 LEV should penetrate 42.000(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 39.197(Average Objective).
December Lean Hogs(CME): The LEZ2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 45.300(Prev Close), the market ended April at (Month Close), that being 7%(Pct Range) off of 39.850(Month Low) to 46.150(Month High).

In comparing the March/April closes for each of the last 32 years(Total Years), Scenario found that the December Lean Hogs(CME) also closed lower in April than March in 13(Cond Years) of those years. Of those 13, LEZ went on to penetrate the April 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 LEZ should penetrate 39.850(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 37.435(Average Objective).
August Pork Bellies(CME): The PBQ2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 75.550(Prev Close), the market ended April at (Month Close), that being 30%(Pct Range) off of 63.300(Month Low) to 75.600(Month High).

In comparing the March/April closes for each of the last 39 years(Total Years), Scenario found that the August Pork Bellies(CME) also closed lower in April than March in 18(Cond Years) of those years. Of those 18, PBQ went on to penetrate the April 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 PBQ should penetrate 63.300(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 52.903(Average Objective).
September Coffee "C"(NYBOT): The KCU2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 60.60(Prev Close), the market ended April at (Month Close), that being 25%(Pct Range) off of 52.75(Month Low) to 63.25(Month High).

In comparing the March/April closes for each of the last 28 years(Total Years), Scenario found that the September Coffee "C"(NYBOT) also closed lower in April than March in 13(Cond Years) of those years. Of those 13, KCU went on to penetrate the April 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 KCU should penetrate 52.75(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 45.56(Average Objective).
December Coffee "C"(NYBOT): The KCZ2(Mkt) ended Lower(Cond) for April(Month). Compared to March's 61.60(Prev Close), the market ended April at (Month Close), that being 23%(Pct Range) off of 55.85(Month Low) to 64.15(Month High).

In comparing the March/April closes for each of the last 28 years(Total Years), Scenario found that the December Coffee "C"(NYBOT) also closed lower in April than March in 13(Cond Years) of those years. Of those 13, KCZ went on to penetrate the April 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 KCZ should penetrate 55.85(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 48.32(Average Objective).