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MRCI's ScenarioSM Summary

Copyright © 2001 Moore Research Center, Inc. All Rights Reserved.
Some data provided by Prophetfinance.com
ScenarioSM Summary Feb 28, 2003
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
#NDX Higher Feb 983.00 1019.30 938.50 1009.70 88% 17 10 9 90% 1019.30 1108.32 1009.70
#COMPX Higher Feb 1320.90 1352.10 1275.20 1321.90 61% 7 3 3 100% Yes 1462.20 1321.90
#SSNI Higher Feb 8340 8821 8254 8359 19% 21 10 9 90% Yes 9441 8359
NDM3 Higher Feb 987.00 1021.00 950.00 1013.00 89% 6 2 2 100% 1021.00 1098.02 1013.00
EDU3 Higher Feb 98.520 98.705 98.485 98.700 98% 20 10 9 90% 98.705 99.080 98.700
EDZ3 Higher Feb 98.230 98.525 98.185 98.520 99% 20 11 10 91% 98.525 98.879 98.520
CDM3 Higher Feb 65.36 67.10 64.89 66.99 95% 26 9 8 89% 67.10 68.25 66.99
ADM3 Higher Feb 58.05 60.29 57.58 60.27 99% 16 9 8 89% 60.29 62.62 60.27
GCJ3 Lower Feb 369.1 384.5 343.0 350.3 18% 28 16 14 88% 343.0 325.4 350.3
GCM3 Lower Feb 370.0 386.0 343.5 351.1 18% 28 16 14 88% 343.5 324.6 351.1
CLN3 Higher Feb 29.92 32.80 29.70 31.98 74% 19 10 9 90% 32.80 36.31 31.98
CLQ3 Higher Feb 29.14 31.75 28.85 30.98 73% 19 10 9 90% 31.75 34.82 30.98
HOK3 Higher Feb 83.06 96.50 81.70 94.96 90% 23 8 7 88% 96.50 109.33 94.96
HOM3 Higher Feb 79.96 89.80 78.87 87.86 82% 23 8 7 88% 89.80 99.70 87.86
HON3 Higher Feb 78.46 86.24 77.37 84.76 83% 23 8 7 88% 86.24 94.40 84.76
HOQ3 Higher Feb 77.76 84.44 76.72 82.96 81% 21 7 6 86% 84.44 93.40 82.96
HUK3 Higher Feb 99.25 109.60 97.90 108.25 88% 17 6 6 100% 109.60 134.51 108.25
HUM3 Higher Feb 96.55 105.40 95.05 104.25 89% 17 6 6 100% 105.40 125.40 104.25
HUN3 Higher Feb 93.15 100.80 91.70 99.65 87% 17 6 6 100% 100.80 118.20 99.65
HUQ3 Higher Feb 89.15 94.90 88.23 94.55 95% 17 8 8 100% 94.90 106.20 94.55
NGK3 Higher Feb 5.027 6.842 4.970 6.071 59% 12 8 7 88% 6.842 8.050 6.071
NGM3 Higher Feb 4.899 6.570 4.850 5.761 53% 12 7 6 86% 6.570 7.865 5.761
NGN3 Higher Feb 4.879 6.237 4.850 5.651 58% 12 8 7 88% 6.237 7.284 5.651
NGQ3 Higher Feb 4.859 6.200 4.820 5.591 56% 12 9 9 100% 6.200 7.022 5.591
SK3 Higher Feb 561.00 583.75 552.50 575.00 72% 43 18 16 89% 583.75 637.55 575.00
SN3 Higher Feb 558.00 582.50 551.00 574.25 74% 43 20 18 90% 582.50 629.73 574.25
SQ3 Higher Feb 551.75 571.00 544.00 562.50 69% 41 19 17 89% 571.00 616.46 562.50
BON3 Higher Feb 20.59 21.16 19.96 21.02 88% 43 24 21 88% 21.16 23.25 21.02
BOQ3 Higher Feb 20.49 21.00 19.94 20.90 91% 41 23 20 87% 21.00 23.04 20.90
BOV3 Higher Feb 20.00 20.50 19.60 20.15 61% 42 23 20 87% 20.50 22.19 20.15
SMK3 Higher Feb 170.30 181.00 165.20 176.20 70% 43 16 15 94% 181.00 199.54 176.20
SMN3 Higher Feb 168.70 178.80 164.80 174.50 69% 43 16 15 94% 178.80 194.88 174.50
SMQ3 Higher Feb 164.90 173.80 161.80 168.30 54% 43 18 16 89% 173.80 188.16 168.30
SMU3 Higher Feb 162.00 168.00 158.80 164.50 62% 41 20 18 90% 168.00 178.57 164.50
WU3 Lower Feb 315.25 332.50 309.00 309.25 1% 43 26 22 85% 309.00 293.73 309.25
WZ3 Lower Feb 324.50 343.00 319.00 319.50 2% 43 26 22 85% 319.00 304.62 319.50
KWK3 Lower Feb 340.50 355.00 332.50 333.00 2% 26 17 15 88% 332.50 315.73 333.00
RRN3 Higher Feb 4.80 5.05 4.76 5.03 93% 13 2 2 100% Yes 5.15 5.03
LEV3 Higher Feb 51.300 51.975 49.050 51.850 96% 33 13 11 85% 51.975 56.646 51.850
PBK3 Higher Feb 83.300 90.550 81.550 89.150 84% 38 14 13 93% 90.550 104.068 89.150
PBN3 Higher Feb 84.500 90.300 82.750 89.700 92% 38 14 13 93% 90.300 103.752 89.700
PBQ3 Higher Feb 82.200 87.250 81.250 86.600 89% 40 14 12 86% 87.250 101.782 86.600
SBK3 Higher Feb 8.12 8.84 7.84 8.45 61% 41 20 18 90% 8.84 9.89 8.45
SBN3 Higher Feb 7.34 8.23 7.16 7.86 65% 42 19 16 84% 8.23 9.43 7.86
CTK3 Higher Feb 56.32 58.40 54.30 58.29 97% 42 22 20 91% 58.40 63.14 58.29
CTN3 Higher Feb 57.38 58.95 55.35 59.05 103% 43 22 19 86% 58.95 62.60 59.05

NASDAQ 100 Index
The #NDX(Mkt) ended Higher(Cond) for February(Month). Compared to January's 983.00(Prev Close), the market ended February at (Month Close), that being 88%(Pct Range) off of 938.50(Month Low) to 1019.30(Month High).

In comparing the January/February closes for each of the last 17 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in February than January in 10(Cond Years) of those years. Of those 10, the #NDX went on to exceed the February high within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the the #NDX should exceed 1019.30(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 1108.32(Average Objective).

NASDAQ Composite Index
The #COMPX(Mkt) ended Higher(Cond) for February(Month). Compared to January's 1320.90(Prev Close), the market ended February at (Month Close), that being 61%(Pct Range) off of 1275.20(Month Low) to 1352.10(Month High).

In comparing the January/February closes for each of the last 7 years(Total Years), Scenario found that the NASDAQ Composite Index also closed higher in February than January in 3(Cond Years) of those years. Of those 3, the #COMPX went on to exceed the February high within the next 2 months in 3 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #COMPX should exceed 1352.10(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 1462.20(Average Objective).

Nikkei 225 Index
The #SSNI(Mkt) ended Higher(Cond) for February(Month). Compared to January's 8340(Prev Close), the market ended February at (Month Close), that being 19%(Pct Range) off of 8254(Month Low) to 8821(Month High).

In comparing the January/February closes for each of the last 21 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in February than January in 10(Cond Years) of those years. Of those 10, the #SSNI went on to exceed the February high within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the the #SSNI should exceed 8821(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 9441(Average Objective).

June NASDAQ 100(CME)
The NDM3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 987.00(Prev Close), the market ended February at (Month Close), that being 89%(Pct Range) off of 950.00(Month Low) to 1021.00(Month High).

In comparing the January/February closes for each of the last 6 years(Total Years), Scenario found that the June NASDAQ 100(CME) also closed higher in February than January in 2(Cond Years) of those years. Of those 2, NDM went on to exceed the February high within the next 2 months in 2 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NDM should exceed 1021.00(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 2 years) a potential move toward 1098.02(Average Objective).

September Eurodollars(CME)
The EDU3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 98.520(Prev Close), the market ended February at (Month Close), that being 98%(Pct Range) off of 98.485(Month Low) to 98.705(Month High).

In comparing the January/February closes for each of the last 20 years(Total Years), Scenario found that the September Eurodollars(CME) also closed higher in February than January in 10(Cond Years) of those years. Of those 10, EDU went on to exceed the February high within the next 2 months in 9 years(Action Years) or 90%(Pct â Àâ À }  ª   ‚ À¢1 ÀïWë—±ò}  †©" À  À ÀšTë—°•}  {ã‚ À B À¢ À° February(Month). Compared to January's 98.230(Prev Close), the market ended February at (Month Close), that being 99%(Pct Range) off of 98.185(Month Low) to 98.525(Month High).

In comparing the January/February closes for each of the last 20 years(Total Years), Scenario found that the December Eurodollars(CME) also closed higher in February than January in 11(Cond Years) of those years. Of those 11, EDZ went on to exceed the February 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 EDZ should exceed 98.525(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 98.879(Average Objective).

June Canadian Dollar(CME)
The CDM3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 65.36(Prev Close), the market ended February at (Month Close), that being 95%(Pct Range) off of 64.89(Month Low) to 67.10(Month High).

In comparing the January/February closes for each of the last 26 years(Total Years), Scenario found that the June Canadian Dollar(CME) also closed higher in February than January in 9(Cond Years) of those years. Of those 9, CDM 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 CDM should exceed 67.10(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 68.25(Average Objective).

June Australian Dollar(CME)
The ADM3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 58.05(Prev Close), the market ended February at (Month Close), that being 99%(Pct Range) off of 57.58(Month Low) to 60.29(Month High).

In comparing the January/February closes for each of the last 16 years(Total Years), Scenario found that the June Australian Dollar(CME) also closed higher in February than January in 9(Cond Years) of those years. Of those 9, ADM 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 ADM should exceed 60.29(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 62.62(Average Objective).

April Gold(CMX)
The GCJ3(Mkt) ended Lower(Cond) for February(Month). Compared to January's 369.1(Prev Close), the market ended February at (Month Close), that being 18%(Pct Range) off of 343.0(Month Low) to 384.5(Month High).

In comparing the January/February closes for each of the last 28 years(Total Years), Scenario found that the April Gold(CMX) also closed lower in February than January in 16(Cond Years) of those years. Of those 16, GCJ 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 GCJ should penetrate 343.0(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 325.4(Average Objective).

June Gold(CMX)
The GCM3(Mkt) ended Lower(Cond) for February(Month). Compared to January's 370.0(Prev Close), the market ended February at (Month Close), that being 18%(Pct Range) off of 343.5(Month Low) to 386.0(Month High).

In comparing the January/February closes for each of the last 28 years(Total Years), Scenario found that the June Gold(CMX) also closed lower in February than January in 16(Cond Years) of those years. Of those 16, GCM 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 GCM should penetrate 343.5(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 324.6(Average Objective).

July Crude Oil(NYM)
The CLN3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 29.92(Prev Close), the market ended February at (Month Close), that being 74%(Pct Range) off of 29.70(Month Low) to 32.80(Month High).

In comparing the January/February closes for each of the last 19 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed higher in February than January in 10(Cond Years) of those years. Of those 10, CLN went on to exceed the February high within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the CLN should exceed 32.80(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 36.31(Average Objective).

August Crude Oil(NYM)
The CLQ3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 29.14(Prev Close), the market ended February at (Month Close), that being 73%(Pct Range) off of 28.85(Month Low) to 31.75(Month High).

In comparing the January/February closes for each of the last 19 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed higher in February than January in 10(Cond Years) of those years. Of those 10, CLQ went on to exceed the February high within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the CLQ should exceed 31.75(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 34.82(Average Objective).

May Heating Oil(NYM)
The HOK3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 83.06(Prev Close), the market ended February at (Month Close), that being 90%(Pct Range) off of 81.70(Month Low) to 96.50(Month High).

In comparing the January/February closes for each of the last 23 years(Total Years), Scenario found that the May Heating Oil(NYM) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, HOK 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 HOK should exceed 96.50(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 109.33(Average Objective).

June Heating Oil(NYM)
The HOM3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 79.96(Prev Close), the market ended February at (Month Close), that being 82%(Pct Range) off of 78.87(Month Low) to 89.80(Month High).

In comparing the January/February closes for each of the last 23 years(Total Years), Scenario found that the June Heating Oil(NYM) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, HOM 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 HOM should exceed 89.80(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 99.70(Average Objective).

July Heating Oil(NYM)
The HON3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 78.46(Prev Close), the market ended February at (Month Close), that being 83%(Pct Range) off of 77.37(Month Low) to 86.24(Month High).

In comparing the January/February closes for each of the last 23 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, HON 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 HON should exceed 86.24(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 94.40(Average Objective).

August Heating Oil(NYM)
The HOQ3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 77.76(Prev Close), the market ended February at (Month Close), that being 81%(Pct Range) off of 76.72(Month Low) to 84.44(Month High).

In comparing the January/February closes for each of the last 21 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed higher in February than January in 7(Cond Years) of those years. Of those 7, HOQ 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 HOQ should exceed 84.44(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 93.40(Average Objective).

May Unleaded Gas(NYM)
The HUK3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 99.25(Prev Close), the market ended February at (Month Close), that being 88%(Pct Range) off of 97.90(Month Low) to 109.60(Month High).

In comparing the January/February closes for each of the last 17 years(Total Years), Scenario found that the May Unleaded Gas(NYM) also closed higher in February than January in 6(Cond Years) of those years. Of those 6, HUK went on to exceed the February high within the next 2 months in 6 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HUK should exceed 109.60(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 134.51(Average Objective).

June Unleaded Gas(NYM)
The HUM3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 96.55(Prev Close), the market ended February at (Month Close), that being 89%(Pct Range) off of 95.05(Month Low) to 105.40(Month High).

In comparing the January/February closes for each of the last 17 years(Total Years), Scenario found that the June Unleaded Gas(NYM) also closed higher in February than January in 6(Cond Years) of those years. Of those 6, HUM went on to exceed the February high within the next 2 months in 6 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HUM should exceed 105.40(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 125.40(Average Objective).

July Unleaded Gas(NYM)
The HUN3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 93.15(Prev Close), the market ended February at (Month Close), that being 87%(Pct Range) off of 91.70(Month Low) to 100.80(Month High).

In comparing the January/February closes for each of the last 17 years(Total Years), Scenario found that the July Unleaded Gas(NYM) also closed higher in February than January in 6(Cond Years) of those years. Of those 6, HUN went on to exceed the February high within the next 2 months in 6 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HUN should exceed 100.80(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 118.20(Average Objective).

August Unleaded Gas(NYM)
The HUQ3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 89.15(Prev Close), the market ended February at (Month Close), that being 95%(Pct Range) off of 88.23(Month Low) to 94.90(Month High).

In comparing the January/February closes for each of the last 17 years(Total Years), Scenario found that the August Unleaded Gas(NYM) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, HUQ went on to exceed the February 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 HUQ should exceed 94.90(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 106.20(Average Objective).

May Natural Gas(NYM)
The NGK3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 5.027(Prev Close), the market ended February at (Month Close), that being 59%(Pct Range) off of 4.970(Month Low) to 6.842(Month High).

In comparing the January/February closes for each of the last 12 years(Total Years), Scenario found that the May Natural Gas(NYM) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, NGK 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 NGK should exceed 6.842(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 8.050(Average Objective).

June Natural Gas(NYM)
The NGM3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 4.899(Prev Close), the market ended February at (Month Close), that being 53%(Pct Range) off of 4.850(Month Low) to 6.570(Month High).

In comparing the January/February closes for each of the last 12 years(Total Years), Scenario found that the June Natural Gas(NYM) also closed higher in February than January in 7(Cond Years) of those years. Of those 7, NGM 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 NGM should exceed 6.570(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 7.865(Average Objective).

July Natural Gas(NYM)
The NGN3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 4.879(Prev Close), the market ended February at (Month Close), that being 58%(Pct Range) off of 4.850(Month Low) to 6.237(Month High).

In comparing the January/February closes for each of the last 12 years(Total Years), Scenario found that the July Natural Gas(NYM) also closed higher in February than January in 8(Cond Years) of those years. Of those 8, NGN 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 NGN should exceed 6.237(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 7.284(Average Objective).

August Natural Gas(NYM)
The NGQ3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 4.859(Prev Close), the market ended February at (Month Close), that being 56%(Pct Range) off of 4.820(Month Low) to 6.200(Month High).

In comparing the January/February closes for each of the last 12 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed higher in February than January in 9(Cond Years) of those years. Of those 9, NGQ went on to exceed the February high within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGQ should exceed 6.200(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 7.022(Average Objective).

May Soybeans(CBOT)
The SK3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 561.00(Prev Close), the market ended February at (Month Close), that being 72%(Pct Range) off of 552.50(Month Low) to 583.75(Month High).

In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the May Soybeans(CBOT) also closed higher in February than January in 18(Cond Years) of those years. Of those 18, SK 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 SK should exceed 583.75(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 637.55(Average Objective).

July Soybeans(CBOT)
The SN3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 558.00(Prev Close), the market ended February at (Month Close), that being 74%(Pct Range) off of 551.00(Month Low) to 582.50(Month High).

In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the July Soybeans(CBOT) also closed higher in February than January in 20(Cond Years) of those years. Of those 20, SN went on to exceed the February 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 SN should exceed 582.50(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 629.73(Average Objective).

August Soybeans(CBOT)
The SQ3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 551.75(Prev Close), the market ended February at (Month Close), that being 69%(Pct Range) off of 544.00(Month Low) to 571.00(Month High).

In comparing the January/February closes for each of the last 41 years(Total Years), Scenario found that the August Soybeans(CBOT) also closed higher in February than January in 19(Cond Years) of those years. Of those 19, SQ 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 SQ should exceed 571.00(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 616.46(Average Objective).

July Soybean Oil(CBOT)
The BON3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 20.59(Prev Close), the market ended February at (Month Close), that being 88%(Pct Range) off of 19.96(Month Low) to 21.16(Month High).

In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed higher in February than January in 24(Cond Years) of those years. Of those 24, BON went on to exceed the February high within the next 2 months in 21 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the BON should exceed 21.16(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 23.25(Average Objective).

August Soybean Oil(CBOT)
The BOQ3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 20.49(Prev Close), the market ended February at (Month Close), that being 91%(Pct Range) off of 19.94(Month Low) to 21.00(Month High).

In comparing the January/February closes for each of the last 41 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed higher in February than January in 23(Cond Years) of those years. Of those 23, BOQ 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 BOQ should exceed 21.00(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 23.04(Average Objective).

October Soybean Oil(CBOT)
The BOV3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 20.00(Prev Close), the market ended February at (Month Close), that being 61%(Pct Range) off of 19.60(Month Low) to 20.50(Month High).

In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the October Soybean Oil(CBOT) also closed higher in February than January in 23(Cond Years) of those years. Of those 23, BOV 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 BOV should exceed 20.50(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 22.19(Average Objective).

May Soybean Meal(CBOT)
The SMK3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 170.30(Prev Close), the market ended February at (Month Close), that being 70%(Pct Range) off of 165.20(Month Low) to 181.00(Month High).

In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the May Soybean Meal(CBOT) also closed higher in February than January in 16(Cond Years) of those years. Of those 16, SMK went on to exceed the February high within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the SMK should exceed 181.00(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 199.54(Average Objective).

July Soybean Meal(CBOT)
The SMN3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 168.70(Prev Close), the market ended February at (Month Close), that being 69%(Pct Range) off of 164.80(Month Low) to 178.80(Month High).

In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the July Soybean Meal(CBOT) also closed higher in February than January in 16(Cond Years) of those years. Of those 16, SMN went on to exceed the February high within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the SMN should exceed 178.80(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 194.88(Average Objective).

August Soybean Meal(CBOT)
The SMQ3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 164.90(Prev Close), the market ended February at (Month Close), that being 54%(Pct Range) off of 161.80(Month Low) to 173.80(Month High).

In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the August Soybean Meal(CBOT) also closed higher in February than January in 18(Cond Years) of those years. Of those 18, SMQ 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 SMQ should exceed 173.80(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 188.16(Average Objective).

September Soybean Meal(CBOT)
The SMU3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 162.00(Prev Close), the market ended February at (Month Close), that being 62%(Pct Range) off of 158.80(Month Low) to 168.00(Month High).

In comparing the January/February closes for each of the last 41 years(Total Years), Scenario found that the September Soybean Meal(CBOT) also closed higher in February than January in 20(Cond Years) of those years. Of those 20, SMU went on to exceed the February 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 SMU should exceed 168.00(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 178.57(Average Objective).

September Wheat(CBOT)
The WU3(Mkt) ended Lower(Cond) for February(Month). Compared to January's 315.25(Prev Close), the market ended February at (Month Close), that being 1%(Pct Range) off of 309.00(Month Low) to 332.50(Month High).

In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the September Wheat(CBOT) also closed lower in February than January in 26(Cond Years) of those years. Of those 26, WU went on to penetrate the February low within the next 2 months in 22 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the WU should penetrate 309.00(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 293.73(Average Objective).

December Wheat(CBOT)
The WZ3(Mkt) ended Lower(Cond) for February(Month). Compared to January's 324.50(Prev Close), the market ended February at (Month Close), that being 2%(Pct Range) off of 319.00(Month Low) to 343.00(Month High).

In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the December Wheat(CBOT) also closed lower in February than January in 26(Cond Years) of those years. Of those 26, WZ went on to penetrate the February low within the next 2 months in 22 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the WZ should penetrate 319.00(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 304.62(Average Objective).

May Wheat(KCBT)
The KWK3(Mkt) ended Lower(Cond) for February(Month). Compared to January's 340.50(Prev Close), the market ended February at (Month Close), that being 2%(Pct Range) off of 332.50(Month Low) to 355.00(Month High).

In comparing the January/February closes for each of the last 26 years(Total Years), Scenario found that the May Wheat(KCBT) also closed lower in February than January in 17(Cond Years) of those years. Of those 17, KWK went on to penetrate the February 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 KWK should penetrate 332.50(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 315.73(Average Objective).

July Rough Rice(CBOT)
The RRN3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 4.80(Prev Close), the market ended February at (Month Close), that being 93%(Pct Range) off of 4.76(Month Low) to 5.05(Month High).

In comparing the January/February closes for each of the last 13 years(Total Years), Scenario found that the July Rough Rice(CBOT) also closed higher in February than January in 2(Cond Years) of those years. Of those 2, RRN went on to exceed the February high within the next 2 months in 2 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the RRN should exceed 5.05(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 2 years) a potential move toward 5.15(Average Objective).

October Lean Hogs(CME)
The LEV3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 51.300(Prev Close), the market ended February at (Month Close), that being 96%(Pct Range) off of 49.050(Month Low) to 51.975(Month High).

In comparing the January/February closes for each of the last 33 years(Total Years), Scenario found that the October Lean Hogs(CME) also closed higher in February than January in 13(Cond Years) of those years. Of those 13, LEV 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 LEV should exceed 51.975(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 56.646(Average Objective).

May Pork Bellies(CME)
The PBK3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 83.300(Prev Close), the market ended February at (Month Close), that being 84%(Pct Range) off of 81.550(Month Low) to 90.550(Month High).

In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the May Pork Bellies(CME) also closed higher in February than January in 14(Cond Years) of those years. Of those 14, PBK went on to exceed the February 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 PBK should exceed 90.550(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 104.068(Average Objective).

July Pork Bellies(CME)
The PBN3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 84.500(Prev Close), the market ended February at (Month Close), that being 92%(Pct Range) off of 82.750(Month Low) to 90.300(Month High).

In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the July Pork Bellies(CME) also closed higher in February than January in 14(Cond Years) of those years. Of those 14, PBN went on to exceed the February 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 PBN should exceed 90.300(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 103.752(Average Objective).

August Pork Bellies(CME)
The PBQ3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 82.200(Prev Close), the market ended February at (Month Close), that being 89%(Pct Range) off of 81.250(Month Low) to 87.250(Month High).

In comparing the January/February closes for each of the last 40 years(Total Years), Scenario found that the August Pork Bellies(CME) also closed higher in February than January in 14(Cond Years) of those years. Of those 14, PBQ went on to exceed the February high within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the PBQ should exceed 87.250(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 101.782(Average Objective).

May Sugar #11(NYBOT)
The SBK3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 8.12(Prev Close), the market ended February at (Month Close), that being 61%(Pct Range) off of 7.84(Month Low) to 8.84(Month High).

In comparing the January/February closes for each of the last 41 years(Total Years), Scenario found that the May Sugar #11(NYBOT) also closed higher in February than January in 20(Cond Years) of those years. Of those 20, SBK went on to exceed the February 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 SBK should exceed 8.84(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 9.89(Average Objective).

July Sugar #11(NYBOT)
The SBN3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 7.34(Prev Close), the market ended February at (Month Close), that being 65%(Pct Range) off of 7.16(Month Low) to 8.23(Month High).

In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the July Sugar #11(NYBOT) also closed higher in February than January in 19(Cond Years) of those years. Of those 19, SBN 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 SBN should exceed 8.23(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 9.43(Average Objective).

May Cotton(NYBOT)
The CTK3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 56.32(Prev Close), the market ended February at (Month Close), that being 97%(Pct Range) off of 54.30(Month Low) to 58.40(Month High).

In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the May Cotton(NYBOT) also closed higher in February than January in 22(Cond Years) of those years. Of those 22, CTK went on to exceed the February high within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the CTK should exceed 58.40(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 63.14(Average Objective).

July Cotton(NYBOT)
The CTN3(Mkt) ended Higher(Cond) for February(Month). Compared to January's 57.38(Prev Close), the market ended February at (Month Close), that being 103%(Pct Range) off of 55.35(Month Low) to 58.95(Month High).

In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the July Cotton(NYBOT) also closed higher in February than January in 22(Cond Years) of those years. Of those 22, CTN 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 CTN should exceed 58.95(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 62.60(Average Objective).