- Dow Jones Transportation
- The #TRAN(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 2731.60(Prev Close), the market ended July at (Month Close),
that being 43%(Pct Range) off of
2090.30(Month Low) to 2734.10(Month High).
In comparing the June/July closes for each of the last 32 years(Total Years), Scenario found that the Dow Jones Transportation also closed
lower in July than June in 17(Cond Years) of those years.
Of those 17, the #TRAN went on to penetrate the July low within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the the #TRAN should penetrate 2090.30(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 1869.29(Average Objective).
- September 30-Year T-Bonds(CBOT)
- The USU2(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 102~25(Prev Close), the market ended July at (Month Close),
that being 66%(Pct Range) off of
102~08(Month Low) to 107~26(Month High).
In comparing the June/July closes for each of the last 24 years(Total Years), Scenario found that the September 30-Year T-Bonds(CBOT) also closed
higher in July than June in 12(Cond Years) of those years.
Of those 12, USU went on to exceed the July 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 USU should exceed 107~26(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 111~11(Average Objective).
- September 10-Year T-Notes(CBOT)
- The TYU2(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 107~075(Prev Close), the market ended July at (Month Close),
that being 73%(Pct Range) off of
106~280(Month Low) to 111~310(Month High).
In comparing the June/July closes for each of the last 20 years(Total Years), Scenario found that the September 10-Year T-Notes(CBOT) also closed
higher in July than June in 11(Cond Years) of those years.
Of those 11, TYU went on to exceed the July high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the TYU should exceed 111~310(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 114~145(Average Objective).
- September Eurodollars(IMM)
- The EDU2(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 98.045(Prev Close), the market ended July at (Month Close),
that being 56%(Pct Range) off of
98.035(Month Low) to 98.345(Month High).
In comparing the June/July closes for each of the last 20 years(Total Years), Scenario found that the September Eurodollars(IMM) also closed
higher in July than June in 14(Cond Years) of those years.
Of those 14, EDU went on to exceed the July high within the next 2 months in 14 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the EDU should exceed 98.345(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 98.668(Average Objective).
- December Eurodollars(IMM)
- The EDZ2(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 97.730(Prev Close), the market ended July at (Month Close),
that being 76%(Pct Range) off of
97.680(Month Low) to 98.285(Month High).
In comparing the June/July closes for each of the last 20 years(Total Years), Scenario found that the December Eurodollars(IMM) also closed
higher in July than June in 12(Cond Years) of those years.
Of those 12, EDZ went on to exceed the July 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 EDZ should exceed 98.285(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 98.881(Average Objective).
- August Gold(CMX)
- The GCQ2(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 313.9(Prev Close), the market ended July at (Month Close),
that being 11%(Pct Range) off of
300.5(Month Low) to 326.0(Month High).
In comparing the June/July closes for each of the last 27 years(Total Years), Scenario found that the August Gold(CMX) also closed
lower in July than June in 16(Cond Years) of those years.
Of those 16, GCQ went on to penetrate the July 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 GCQ should penetrate 300.5(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 281.6(Average Objective).
- September Palladium(NYME)
- The PAU2(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 318.80(Prev Close), the market ended July at (Month Close),
that being 23%(Pct Range) off of
314.50(Month Low) to 336.00(Month High).
In comparing the June/July closes for each of the last 25 years(Total Years), Scenario found that the September Palladium(NYME) also closed
higher in July than June in 14(Cond Years) of those years.
Of those 14, PAU went on to exceed the July 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 PAU should exceed 336.00(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 359.25(Average Objective).
- January Crude Oil(NYM)
- The CLF3(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 25.79(Prev Close), the market ended July at (Month Close),
that being 73%(Pct Range) off of
25.10(Month Low) to 26.64(Month High).
In comparing the June/July closes for each of the last 19 years(Total Years), Scenario found that the January Crude Oil(NYM) also closed
higher in July than June in 12(Cond Years) of those years.
Of those 12, CLF went on to exceed the July 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 CLF should exceed 26.64(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 28.76(Average Objective).
- December Soybean Oil(CBOT)
- The BOZ2(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 18.84(Prev Close), the market ended July at (Month Close),
that being 86%(Pct Range) off of
18.19(Month Low) to 20.82(Month High).
In comparing the June/July closes for each of the last 42 years(Total Years), Scenario found that the December Soybean Oil(CBOT) also closed
higher in July than June in 19(Cond Years) of those years.
Of those 19, BOZ went on to exceed the July 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 BOZ should exceed 20.82(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 22.90(Average Objective).
- January Soybean Oil(CBOT)
- The BOF3(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 19.01(Prev Close), the market ended July at (Month Close),
that being 86%(Pct Range) off of
18.38(Month Low) to 20.82(Month High).
In comparing the June/July closes for each of the last 42 years(Total Years), Scenario found that the January Soybean Oil(CBOT) also closed
higher in July than June in 19(Cond Years) of those years.
Of those 19, BOF went on to exceed the July 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 BOF should exceed 20.82(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 22.80(Average Objective).
- December Wheat(CBOT)
- The WZ2(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 323.50(Prev Close), the market ended July at (Month Close),
that being 71%(Pct Range) off of
324.00(Month Low) to 352.00(Month High).
In comparing the June/July closes for each of the last 42 years(Total Years), Scenario found that the December Wheat(CBOT) also closed
higher in July than June in 20(Cond Years) of those years.
Of those 20, WZ went on to exceed the July high within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the WZ should exceed 352.00(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 388.59(Average Objective).
- October Live Cattle(CME)
- The LCV2(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 65.475(Prev Close), the market ended July at (Month Close),
that being 71%(Pct Range) off of
65.475(Month Low) to 68.700(Month High).
In comparing the June/July closes for each of the last 37 years(Total Years), Scenario found that the October Live Cattle(CME) also closed
higher in July than June in 21(Cond Years) of those years.
Of those 21, LCV went on to exceed the July high within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the LCV should exceed 68.700(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 71.582(Average Objective).
- November Feeder Cattle(CME)
- The FCX2(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 76.500(Prev Close), the market ended July at (Month Close),
that being 33%(Pct Range) off of
76.100(Month Low) to 79.400(Month High).
In comparing the June/July closes for each of the last 30 years(Total Years), Scenario found that the November Feeder Cattle(CME) also closed
higher in July than June in 17(Cond Years) of those years.
Of those 17, FCX went on to exceed the July 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 FCX should exceed 79.400(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 82.914(Average Objective).
- October Lean Hogs(CME)
- The LEV2(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 38.800(Prev Close), the market ended July at (Month Close),
that being 49%(Pct Range) off of
39.600(Month Low) to 43.850(Month High).
In comparing the June/July closes for each of the last 32 years(Total Years), Scenario found that the October Lean Hogs(CME) also closed
higher in July than June in 17(Cond Years) of those years.
Of those 17, LEV went on to exceed the July high within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the LEV should exceed 43.850(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 46.943(Average Objective).
- February Pork Bellies(CME)
- The PBG3(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 62.250(Prev Close), the market ended July at (Month Close),
that being 34%(Pct Range) off of
62.050(Month Low) to 67.550(Month High).
In comparing the June/July closes for each of the last 37 years(Total Years), Scenario found that the February Pork Bellies(CME) also closed
higher in July than June in 21(Cond Years) of those years.
Of those 21, PBG went on to exceed the July high within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the PBG should exceed 67.550(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 74.571(Average Objective).
- March Pork Bellies(CME)
- The PBH3(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 60.000(Prev Close), the market ended July at (Month Close),
that being 51%(Pct Range) off of
61.500(Month Low) to 65.000(Month High).
In comparing the June/July closes for each of the last 38 years(Total Years), Scenario found that the March Pork Bellies(CME) also closed
higher in July than June in 20(Cond Years) of those years.
Of those 20, PBH went on to exceed the July high within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the PBH should exceed 65.000(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 71.327(Average Objective).
- October Cotton(NYBOT)
- The CTV2(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 47.96(Prev Close), the market ended July at (Month Close),
that being 75%(Pct Range) off of
43.20(Month Low) to 48.20(Month High).
In comparing the June/July closes for each of the last 41 years(Total Years), Scenario found that the October Cotton(NYBOT) also closed
lower in July than June in 22(Cond Years) of those years.
Of those 22, CTV went on to penetrate the July low within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the CTV should penetrate 43.20(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 40.20(Average Objective).
- March Cotton(NYBOT)
- The CTH3(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 51.35(Prev Close), the market ended July at (Month Close),
that being 71%(Pct Range) off of
46.65(Month Low) to 51.70(Month High).
In comparing the June/July closes for each of the last 41 years(Total Years), Scenario found that the March Cotton(NYBOT) also closed
lower in July than June in 20(Cond Years) of those years.
Of those 20, CTH went on to penetrate the July 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 CTH should penetrate 46.65(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 43.74(Average Objective).
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