- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 7891.00(Prev Close), the market ended March at (Month Close),
that being 52%(Pct Range) off of
7417.00(Month Low) to 8522.00(Month High).
In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index 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 24 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 8522.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 24 years) a potential move
toward 8994.57(Average Objective).
- Dow Jones Utilities
- The #UTIL(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 198.00(Prev Close), the market ended March at (Month Close),
that being 82%(Pct Range) off of
194.90(Month Low) to 210.90(Month High).
In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the Dow Jones Utilities also closed
higher in March than February in 16(Cond Years) of those years.
Of those 16, the #UTIL went on to exceed the March high within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the the #UTIL should exceed 210.90(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 219.02(Average Objective).
- S & P 100(OEX)
- The #OEX(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 425.35(Prev Close), the market ended March at (Month Close),
that being 51%(Pct Range) off of
400.25(Month Low) to 456.40(Month High).
In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the S & P 100(OEX) also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, the #OEX 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 the #OEX should exceed 456.40(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 477.83(Average Objective).
- NYSE Composite Index
- The #YX(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 447.80(Prev Close), the market ended March at (Month Close),
that being 72%(Pct Range) off of
421.50(Month Low) to 473.80(Month High).
In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the NYSE Composite Index also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, the #YX 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 the #YX should exceed 473.80(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 494.05(Average Objective).
- Russell 2000 Index
- The #RUT(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 360.52(Prev Close), the market ended March at (Month Close),
that being 64%(Pct Range) off of
343.06(Month Low) to 376.37(Month High).
In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in March than February in 16(Cond Years) of those years.
Of those 16, the #RUT went on to exceed the March high within the next 2 months in 16 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the the #RUT should exceed 376.37(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 393.74(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 975.20(Prev Close), the market ended March at (Month Close),
that being 73%(Pct Range) off of
910.60(Month Low) to 1021.00(Month High).
In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the Value Line Index also closed
higher in March than February in 15(Cond Years) of those years.
Of those 15, the #VLE 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 the #VLE should exceed 1021.00(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 1064.11(Average Objective).
- Nikkei 225 Index
- The #SSNI(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 8363(Prev Close), the market ended March at (Month Close),
that being 67%(Pct Range) off of
7825(Month Low) to 8509(Month High).
In comparing the February/March closes for each of the last 21 years(Total Years), Scenario found that the Nikkei 225 Index also closed
lower in March than February in 8(Cond Years) of those years.
Of those 8, the #SSNI 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 the #SSNI should penetrate 7825(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 7375(Average Objective).
- June Eurodollars(CME)
- The EDM3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 98.750(Prev Close), the market ended March at (Month Close),
that being 56%(Pct Range) off of
98.715(Month Low) to 98.955(Month High).
In comparing the February/March closes for each of the last 21 years(Total Years), Scenario found that the June Eurodollars(CME) also closed
higher in March than February in 7(Cond Years) of those years.
Of those 7, EDM went on to exceed the March 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 EDM should exceed 98.955(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 99.444(Average Objective).
- September Eurodollars(CME)
- The EDU3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 98.700(Prev Close), the market ended March at (Month Close),
that being 66%(Pct Range) off of
98.555(Month Low) to 98.940(Month High).
In comparing the February/March closes for each of the last 21 years(Total Years), Scenario found that the September Eurodollars(CME) also closed
higher in March than February in 6(Cond Years) of those years.
Of those 6, EDU went on to exceed the March 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 EDU should exceed 98.940(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 99.382(Average Objective).
- December Eurodollars(CME)
- The EDZ3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 98.520(Prev Close), the market ended March at (Month Close),
that being 70%(Pct Range) off of
98.270(Month Low) to 98.775(Month High).
In comparing the February/March closes for each of the last 21 years(Total Years), Scenario found that the December Eurodollars(CME) also closed
higher in March than February in 5(Cond Years) of those years.
Of those 5, EDZ went on to exceed the March high within the next 2 months in 5 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the EDZ should exceed 98.775(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 99.235(Average Objective).
- June Swiss Franc(CME)
- The SFM3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 74.12(Prev Close), the market ended March at (Month Close),
that being 62%(Pct Range) off of
71.30(Month Low) to 75.75(Month High).
In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the June Swiss Franc(CME) also closed
lower in March than February in 13(Cond Years) of those years.
Of those 13, SFM went on to penetrate the March low within the next 2 months in 13 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the SFM should penetrate 71.30(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 68.58(Average Objective).
- June Japanese Yen(CME)
- The JYM3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 85.02(Prev Close), the market ended March at (Month Close),
that being 62%(Pct Range) off of
82.20(Month Low) to 86.45(Month High).
In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the June Japanese Yen(CME) also closed
lower in March than February in 13(Cond Years) of those years.
Of those 13, JYM went on to penetrate the March 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 JYM should penetrate 82.20(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 79.20(Average Objective).
- June Gold(CMX)
- The GCM3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 351.1(Prev Close), the market ended March at (Month Close),
that being 32%(Pct Range) off of
326.3(Month Low) to 359.5(Month High).
In comparing the February/March closes for each of the last 28 years(Total Years), Scenario found that the June Gold(CMX) also closed
lower in March than February in 18(Cond Years) of those years.
Of those 18, GCM went on to penetrate the March low within the next 2 months in 16 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the GCM should penetrate 326.3(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 312.4(Average Objective).
- August Gold(CMX)
- The GCQ3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 351.8(Prev Close), the market ended March at (Month Close),
that being 31%(Pct Range) off of
327.0(Month Low) to 361.0(Month High).
In comparing the February/March closes for each of the last 28 years(Total Years), Scenario found that the August Gold(CMX) also closed
lower in March than February in 18(Cond Years) of those years.
Of those 18, GCQ went on to penetrate the March low within the next 2 months in 16 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the GCQ should penetrate 327.0(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 313.1(Average Objective).
- July Silver(CMX)
- The SIN3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 460.9(Prev Close), the market ended March at (Month Close),
that being 35%(Pct Range) off of
435.0(Month Low) to 472.0(Month High).
In comparing the February/March closes for each of the last 39 years(Total Years), Scenario found that the July Silver(CMX) also closed
lower in March than February in 20(Cond Years) of those years.
Of those 20, SIN went on to penetrate the March 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 SIN should penetrate 435.0(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 403.4(Average Objective).
- July Platinum(NYM)
- The PLN3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 659.5(Prev Close), the market ended March at (Month Close),
that being 26%(Pct Range) off of
610.5(Month Low) to 694.0(Month High).
In comparing the February/March closes for each of the last 34 years(Total Years), Scenario found that the July Platinum(NYM) also closed
lower in March than February in 17(Cond Years) of those years.
Of those 17, PLN went on to penetrate the March 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 PLN should penetrate 610.5(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 564.8(Average Objective).
- June Crude Oil(NYM)
- The CLM3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 33.28(Prev Close), the market ended March at (Month Close),
that being 38%(Pct Range) off of
25.75(Month Low) to 34.70(Month High).
In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed
lower in March than February in 6(Cond Years) of those years.
Of those 6, CLM went on to penetrate the March low within the next 2 months in 6 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the CLM should penetrate 25.75(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 23.13(Average Objective).
- June Heating Oil(NYM)
- The HOM3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 87.86(Prev Close), the market ended March at (Month Close),
that being 53%(Pct Range) off of
55.50(Month Low) to 92.40(Month High).
In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the June Heating Oil(NYM) also closed
lower in March than February in 7(Cond Years) of those years.
Of those 7, HOM went on to penetrate the March low within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the HOM should penetrate 55.50(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 50.71(Average Objective).
- July Heating Oil(NYM)
- The HON3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 84.76(Prev Close), the market ended March at (Month Close),
that being 31%(Pct Range) off of
67.35(Month Low) to 88.75(Month High).
In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed
lower in March than February in 7(Cond Years) of those years.
Of those 7, HON went on to penetrate the March low within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the HON should penetrate 67.35(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 62.55(Average Objective).
- August Heating Oil(NYM)
- The HOQ3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 82.96(Prev Close), the market ended March at (Month Close),
that being 31%(Pct Range) off of
67.85(Month Low) to 86.80(Month High).
In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed
lower in March than February in 7(Cond Years) of those years.
Of those 7, HOQ went on to penetrate the March low 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 penetrate 67.85(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 63.29(Average Objective).
- August Unleaded Gas(NYM)
- The HUQ3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 94.55(Prev Close), the market ended March at (Month Close),
that being 38%(Pct Range) off of
77.00(Month Low) to 99.55(Month High).
In comparing the February/March closes for each of the last 17 years(Total Years), Scenario found that the August Unleaded Gas(NYM) also closed
lower in March than February in 3(Cond Years) of those years.
Of those 3, HUQ went on to penetrate the March low within the next 2 months in 3 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the HUQ should penetrate 77.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 3 years) a potential move
toward 73.08(Average Objective).
- September Unleaded Gas(NYM)
- The HUU3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 89.20(Prev Close), the market ended March at (Month Close),
that being 39%(Pct Range) off of
74.02(Month Low) to 93.60(Month High).
In comparing the February/March closes for each of the last 17 years(Total Years), Scenario found that the September Unleaded Gas(NYM) also closed
lower in March than February in 2(Cond Years) of those years.
Of those 2, HUU went on to penetrate the March low within the next 2 months in 2 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the HUU should penetrate 74.02(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 2 years) a potential move
toward 71.02(Average Objective).
- June Natural Gas(NYM)
- The NGM3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 5.761(Prev Close), the market ended March at (Month Close),
that being 5%(Pct Range) off of
5.050(Month Low) to 6.053(Month High).
In comparing the February/March closes for each of the last 12 years(Total Years), Scenario found that the June Natural Gas(NYM) also closed
lower in March than February in 3(Cond Years) of those years.
Of those 3, NGM went on to penetrate the March low within the next 2 months in 3 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NGM should penetrate 5.050(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 3 years) a potential move
toward 4.545(Average Objective).
- July Natural Gas(NYM)
- The NGN3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 5.651(Prev Close), the market ended March at (Month Close),
that being 6%(Pct Range) off of
5.060(Month Low) to 5.930(Month High).
In comparing the February/March closes for each of the last 12 years(Total Years), Scenario found that the July Natural Gas(NYM) also closed
lower in March than February in 3(Cond Years) of those years.
Of those 3, NGN went on to penetrate the March low within the next 2 months in 3 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NGN should penetrate 5.060(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 3 years) a potential move
toward 4.451(Average Objective).
- August Natural Gas(NYM)
- The NGQ3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 5.591(Prev Close), the market ended March at (Month Close),
that being 10%(Pct Range) off of
5.050(Month Low) to 5.865(Month High).
In comparing the February/March closes for each of the last 12 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed
lower in March than February in 3(Cond Years) of those years.
Of those 3, NGQ went on to penetrate the March low within the next 2 months in 3 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NGQ should penetrate 5.050(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 3 years) a potential move
toward 4.545(Average Objective).
- September Natural Gas(NYM)
- The NGU3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 5.516(Prev Close), the market ended March at (Month Close),
that being 9%(Pct Range) off of
5.030(Month Low) to 5.770(Month High).
In comparing the February/March closes for each of the last 12 years(Total Years), Scenario found that the September Natural Gas(NYM) also closed
lower in March than February in 3(Cond Years) of those years.
Of those 3, NGU went on to penetrate the March low within the next 2 months in 3 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NGU should penetrate 5.030(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 3 years) a potential move
toward 4.575(Average Objective).
- July Soybean Oil(CBOT)
- The BON3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 21.02(Prev Close), the market ended March at (Month Close),
that being 76%(Pct Range) off of
20.30(Month Low) to 21.87(Month High).
In comparing the February/March closes for each of the last 43 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed
higher in March than February in 21(Cond Years) of those years.
Of those 21, BON went on to exceed the March 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 BON should exceed 21.87(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 23.98(Average Objective).
- October Soybean Oil(CBOT)
- The BOV3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 20.15(Prev Close), the market ended March at (Month Close),
that being 93%(Pct Range) off of
19.92(Month Low) to 20.95(Month High).
In comparing the February/March closes for each of the last 42 years(Total Years), Scenario found that the October Soybean Oil(CBOT) also closed
higher in March than February in 25(Cond Years) of those years.
Of those 25, BOV went on to exceed the March high within the next 2 months in 23 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the BOV should exceed 20.95(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 22.77(Average Objective).
- July Corn(CBOT)
- The CN3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 235.50(Prev Close), the market ended March at (Month Close),
that being 63%(Pct Range) off of
227.25(Month Low) to 242.75(Month High).
In comparing the February/March closes for each of the last 43 years(Total Years), Scenario found that the July Corn(CBOT) also closed
higher in March than February in 22(Cond Years) of those years.
Of those 22, CN went on to exceed the March 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 CN should exceed 242.75(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 254.34(Average Objective).
- September Corn(CBOT)
- The CU3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 237.00(Prev Close), the market ended March at (Month Close),
that being 63%(Pct Range) off of
229.00(Month Low) to 243.25(Month High).
In comparing the February/March closes for each of the last 43 years(Total Years), Scenario found that the September Corn(CBOT) also closed
higher in March than February in 25(Cond Years) of those years.
Of those 25, CU went on to exceed the March high within the next 2 months in 23 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the CU should exceed 243.25(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 256.81(Average Objective).
- July Wheat(KCBT)
- The KWN3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 326.00(Prev Close), the market ended March at (Month Close),
that being 15%(Pct Range) off of
300.00(Month Low) to 336.00(Month High).
In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the July Wheat(KCBT) also closed
lower in March than February in 13(Cond Years) of those years.
Of those 13, KWN went on to penetrate the March 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 KWN should penetrate 300.00(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 286.80(Average Objective).
- September Wheat(KCBT)
- The KWU3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 330.00(Prev Close), the market ended March at (Month Close),
that being 13%(Pct Range) off of
306.50(Month Low) to 339.00(Month High).
In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the September Wheat(KCBT) also closed
lower in March than February in 13(Cond Years) of those years.
Of those 13, KWU went on to penetrate the March 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 KWU should penetrate 306.50(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 293.97(Average Objective).
- December Wheat(KCBT)
- The KWZ3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 340.75(Prev Close), the market ended March at (Month Close),
that being 16%(Pct Range) off of
315.00(Month Low) to 347.00(Month High).
In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the December Wheat(KCBT) also closed
lower in March than February in 13(Cond Years) of those years.
Of those 13, KWZ went on to penetrate the March 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 KWZ should penetrate 315.00(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 301.14(Average Objective).
- July Wheat(MGE)
- The MWN3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 359.25(Prev Close), the market ended March at (Month Close),
that being 28%(Pct Range) off of
347.50(Month Low) to 371.75(Month High).
In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the July Wheat(MGE) also closed
lower in March than February in 10(Cond Years) of those years.
Of those 10, MWN went on to penetrate the March low within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the MWN should penetrate 347.50(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 334.65(Average Objective).
- September Wheat(MGE)
- The MWU3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 353.00(Prev Close), the market ended March at (Month Close),
that being 35%(Pct Range) off of
345.50(Month Low) to 365.00(Month High).
In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the September Wheat(MGE) also closed
lower in March than February in 11(Cond Years) of those years.
Of those 11, MWU went on to penetrate the March 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 MWU should penetrate 345.50(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 331.85(Average Objective).
- December Wheat(MGE)
- The MWZ3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 356.00(Prev Close), the market ended March at (Month Close),
that being 36%(Pct Range) off of
349.00(Month Low) to 365.00(Month High).
In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the December Wheat(MGE) also closed
lower in March than February in 11(Cond Years) of those years.
Of those 11, MWZ went on to penetrate the March 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 MWZ should penetrate 349.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 336.65(Average Objective).
- September Rough Rice(CBOT)
- The RRU3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 5.57(Prev Close), the market ended March at (Month Close),
that being 100%(Pct Range) off of
5.45(Month Low) to 6.10(Month High).
In comparing the February/March closes for each of the last 16 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed
higher in March than February in 7(Cond Years) of those years.
Of those 7, RRU went on to exceed the March 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 RRU should exceed 6.10(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 6.58(Average Objective).
- June Live Cattle(CME)
- The LCM3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 70.400(Prev Close), the market ended March at (Month Close),
that being 87%(Pct Range) off of
67.900(Month Low) to 70.750(Month High).
In comparing the February/March closes for each of the last 38 years(Total Years), Scenario found that the June Live Cattle(CME) also closed
lower in March than February in 16(Cond Years) of those years.
Of those 16, LCM went on to penetrate the March low within the next 2 months in 16 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the LCM should penetrate 67.900(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 62.757(Average Objective).
- August Live Cattle(CME)
- The LCQ3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 67.350(Prev Close), the market ended March at (Month Close),
that being 83%(Pct Range) off of
65.500(Month Low) to 67.900(Month High).
In comparing the February/March closes for each of the last 38 years(Total Years), Scenario found that the August Live Cattle(CME) also closed
higher in March than February in 20(Cond Years) of those years.
Of those 20, LCQ went on to exceed the March 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 LCQ should exceed 67.900(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 72.771(Average Objective).
- May Feeder Cattle(CME)
- The FCK3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 77.275(Prev Close), the market ended March at (Month Close),
that being 86%(Pct Range) off of
75.050(Month Low) to 78.500(Month High).
In comparing the February/March closes for each of the last 31 years(Total Years), Scenario found that the May Feeder Cattle(CME) also closed
higher in March than February in 14(Cond Years) of those years.
Of those 14, FCK 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 FCK should exceed 78.500(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 82.356(Average Objective).
- September Feeder Cattle(CME)
- The FCU3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 80.525(Prev Close), the market ended March at (Month Close),
that being 90%(Pct Range) off of
78.500(Month Low) to 81.650(Month High).
In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the September Feeder Cattle(CME) also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, FCU 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 FCU should exceed 81.650(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 85.366(Average Objective).
- November Feeder Cattle(CME)
- The FCX3(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 80.850(Prev Close), the market ended March at (Month Close),
that being 96%(Pct Range) off of
79.000(Month Low) to 81.700(Month High).
In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the November Feeder Cattle(CME) also closed
higher in March than February in 12(Cond Years) of those years.
Of those 12, FCX 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 FCX should exceed 81.700(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 85.243(Average Objective).
- July Coffee "C"(NYBOT)
- The KCN3(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 61.80(Prev Close), the market ended March at (Month Close),
that being 29%(Pct Range) off of
59.90(Month Low) to 64.70(Month High).
In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the July Coffee "C"(NYBOT) also closed
lower in March than February in 10(Cond Years) of those years.
Of those 10, KCN went on to penetrate the March low within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the KCN should penetrate 59.90(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 55.12(Average Objective).
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