MRCI's Scenario Summary

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MRCI's Scenario^SM Summary


MRCI's Scenario^SM Summary

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

Some data provided by Prophetfinance.com

Scenario^SM Summary Apr 30, 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

#DJ Higher Apr 7992.00 8560.00 7980.00 8480.00 86% 45 27 24 89% 8560.00 8903.10 8480.00

#OEX Higher Apr 429.15 469.90 429.55 465.55 89% 19 12 11 92% 469.90 491.60 465.55

#NDX Higher Apr 1018.70 1126.60 1015.50 1106.10 82% 17 9 8 89% 1126.60 1224.97 1106.10

#MID Higher Apr 409.47 440.07 407.81 438.79 96% 22 14 12 86% 440.07 466.22 438.79

#VLE Higher Apr 979.10 1081.40 976.80 1075.30 94% 20 11 10 91% Yes 1140.61 1075.30

#SP Higher Apr 848.20 924.25 847.85 916.90 90% 45 31 27 87% 924.25 958.48 916.90

SPU3 Higher Apr 845.50 922.50 845.00 915.00 90% 20 12 12 100% 922.50 958.95 915.00

NDU3 Higher Apr 1024.00 1125.00 1026.00 1111.00 86% 6 4 4 100% 1125.00 1222.87 1111.00

YXU3 Higher Apr 454.55 486.00 457.50 485.60 99% 19 12 11 92% 486.00 505.49 485.60

USU3 Higher Apr 111~13 112~23 108~17 112~23 100% 25 10 9 90% 112~23 119~17 112~23

TYU3 Higher Apr 113~295 114~070 112~030 114~060 99% 20 8 7 88% 114~070 118~226 114~060

EDU3 Higher Apr 98.810 98.865 98.640 98.825 82% 21 12 11 92% 98.865 99.513 98.825

JYU3 Lower Apr 85.06 85.06 83.13 84.49 70% 26 13 11 85% 83.13 79.75 84.49

ADU3 Higher Apr 59.36 61.92 58.46 61.92 100% 16 10 9 90% 61.92 64.36 61.92

SIN3 Higher Apr 447.9 468.0 436.0 465.2 91% 39 13 11 85% 468.0 510.8 465.2

SIU3 Higher Apr 449.1 470.0 439.5 466.6 89% 39 14 12 86% 470.0 514.9 466.6

SIZ3 Higher Apr 450.5 471.0 439.5 468.2 91% 39 14 13 93% 471.0 512.5 468.2

PAU3 Lower Apr 182.95 181.85 148.50 156.55 24% 26 15 13 87% 148.50 132.07 156.55

HON3 Lower Apr 73.93 74.25 66.66 68.01 18% 23 5 5 100% 66.66 63.07 68.01

HOQ3 Lower Apr 73.68 74.25 66.96 68.26 18% 23 6 6 100% 66.96 62.70 68.26

HOU3 Lower Apr 73.88 74.00 67.61 68.86 20% 23 7 6 86% 67.61 63.40 68.86

NGN3 Higher Apr 5.115 5.980 4.980 5.465 48% 12 8 7 88% 5.980 6.632 5.465

NGQ3 Higher Apr 5.135 5.920 5.000 5.510 55% 12 8 7 88% 5.920 6.660 5.510

NGU3 Higher Apr 5.100 5.855 4.975 5.490 59% 12 8 7 88% 5.855 6.530 5.490

NGV3 Higher Apr 5.082 5.830 4.965 5.505 62% 12 8 7 88% 5.830 6.424 5.505

CN3 Lower Apr 237.00 246.50 229.50 231.25 10% 43 26 23 88% 229.50 212.52 231.25

CU3 Lower Apr 238.00 245.50 230.25 231.25 7% 43 25 22 88% 230.25 212.74 231.25

CZ3 Lower Apr 240.00 245.25 231.25 232.75 11% 43 24 21 88% 231.25 214.40 232.75

WN3 Lower Apr 289.00 296.50 279.50 282.75 19% 43 22 19 86% 279.50 259.33 282.75

WU3 Lower Apr 295.75 300.00 285.50 288.25 19% 43 21 18 86% 285.50 267.12 288.25

WZ3 Lower Apr 305.25 310.50 295.50 298.75 22% 43 21 18 86% 295.50 277.71 298.75

KWN3 Lower Apr 305.50 313.00 294.00 297.00 16% 26 12 12 100% 294.00 280.93 297.00

KWU3 Lower Apr 310.75 317.00 300.75 302.00 8% 26 13 11 85% 300.75 286.57 302.00

KWZ3 Lower Apr 320.00 326.25 309.50 309.75 1% 26 13 11 85% 309.50 295.25 309.75

MWU3 Lower Apr 352.25 354.00 336.50 339.25 16% 22 7 6 86% 336.50 323.53 339.25

MWZ3 Lower Apr 354.75 355.50 339.50 343.50 25% 22 9 8 89% 339.50 325.13 343.50

OU3 Lower Apr 151.50 152.00 139.75 140.00 2% 28 10 9 90% 139.75 126.13 140.00

OZ3 Lower Apr 149.00 149.00 140.50 141.75 15% 28 10 9 90% 140.50 127.57 141.75

RRU3 Higher Apr 6.05 6.88 6.09 6.85 96% 16 7 6 86% Yes 7.33 6.85

LEZ3 Lower Apr 52.800 52.700 49.875 52.350 88% 33 14 12 86% 49.875 46.421 52.350

PBQ3 Lower Apr 87.550 88.250 80.000 85.850 71% 40 19 18 95% 80.000 66.309 85.850

SBN3 Lower Apr 7.27 7.76 6.84 7.20 39% 42 22 19 86% 6.84 5.74 7.20

LBU3 Higher Apr 247.8 264.6 246.7 248.3 9% 30 10 9 90% 264.6 293.7 248.3

DJIA Index: The #DJ(Mkt) ended Higher(Cond) for April(Month). Compared to March's 7992.00(Prev Close), the market ended April at (Month Close), that being 86%(Pct Range) off of 7980.00(Month Low) to 8560.00(Month High).

In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed higher in April than March in 27(Cond Years) of those years. Of those 27, the #DJ went on to exceed the April high within the next 2 months in 24 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the the #DJ should exceed 8560.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 8903.10(Average Objective).
S & P 100(OEX): The #OEX(Mkt) ended Higher(Cond) for April(Month). Compared to March's 429.15(Prev Close), the market ended April at (Month Close), that being 89%(Pct Range) off of 429.55(Month Low) to 469.90(Month High).

In comparing the March/April closes for each of the last 19 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in April than March in 12(Cond Years) of those years. Of those 12, the #OEX went on to exceed the April high within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the the #OEX should exceed 469.90(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 491.60(Average Objective).
NASDAQ 100 Index: The #NDX(Mkt) ended Higher(Cond) for April(Month). Compared to March's 1018.70(Prev Close), the market ended April at (Month Close), that being 82%(Pct Range) off of 1015.50(Month Low) to 1126.60(Month High).

In comparing the March/April closes for each of the last 17 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in April than March in 9(Cond Years) of those years. Of those 9, the #NDX went on to exceed the April high within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the the #NDX should exceed 1126.60(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 1224.97(Average Objective).
S & P Midcap 400 Index: The #MID(Mkt) ended Higher(Cond) for April(Month). Compared to March's 409.47(Prev Close), the market ended April at (Month Close), that being 96%(Pct Range) off of 407.81(Month Low) to 440.07(Month High).

In comparing the March/April closes for each of the last 22 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed higher in April than March in 14(Cond Years) of those years. Of those 14, the #MID went on to exceed the April 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 the #MID should exceed 440.07(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 466.22(Average Objective).
Value Line Index: The #VLE(Mkt) ended Higher(Cond) for April(Month). Compared to March's 979.10(Prev Close), the market ended April at (Month Close), that being 94%(Pct Range) off of 976.80(Month Low) to 1081.40(Month High).

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

Therefore, the historical odds are high that the the #VLE should exceed 1081.40(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 1140.61(Average Objective).
S & P 500 Stock Index: The #SP(Mkt) ended Higher(Cond) for April(Month). Compared to March's 848.20(Prev Close), the market ended April at (Month Close), that being 90%(Pct Range) off of 847.85(Month Low) to 924.25(Month High).

In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed higher in April than March in 31(Cond Years) of those years. Of those 31, the #SP went on to exceed the April high within the next 2 months in 27 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the the #SP should exceed 924.25(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 27 years) a potential move toward 958.48(Average Objective).
September S & P 500(CME): The SPU3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 845.50(Prev Close), the market ended April at (Month Close), that being 90%(Pct Range) off of 845.00(Month Low) to 922.50(Month High).

In comparing the March/April closes for each of the last 20 years(Total Years), Scenario found that the September S & P 500(CME) also closed higher in April than March in 12(Cond Years) of those years. Of those 12, SPU went on to exceed the April 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 SPU should exceed 922.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 958.95(Average Objective).
September NASDAQ 100(CME): The NDU3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 1024.00(Prev Close), the market ended April at (Month Close), that being 86%(Pct Range) off of 1026.00(Month Low) to 1125.00(Month High).

In comparing the March/April closes for each of the last 6 years(Total Years), Scenario found that the September NASDAQ 100(CME) also closed higher in April than March in 4(Cond Years) of those years. Of those 4, NDU went on to exceed the April high within the next 2 months in 4 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NDU should exceed 1125.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 4 years) a potential move toward 1222.87(Average Objective).
September NYSE Composite(NYBOT): The YXU3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 454.55(Prev Close), the market ended April at (Month Close), that being 99%(Pct Range) off of 457.50(Month Low) to 486.00(Month High).

In comparing the March/April closes for each of the last 19 years(Total Years), Scenario found that the September NYSE Composite(NYBOT) also closed higher in April than March in 12(Cond Years) of those years. Of those 12, YXU went on to exceed the April 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 YXU should exceed 486.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 505.49(Average Objective).
September 30-Year T-Bonds(CBOT): The USU3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 111~13(Prev Close), the market ended April at (Month Close), that being 100%(Pct Range) off of 108~17(Month Low) to 112~23(Month High).

In comparing the March/April closes for each of the last 25 years(Total Years), Scenario found that the September 30-Year T-Bonds(CBOT) also closed higher in April than March in 10(Cond Years) of those years. Of those 10, USU went on to exceed the April 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 USU should exceed 112~23(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 119~17(Average Objective).
September 10-Year T-Notes(CBOT): The TYU3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 113~295(Prev Close), the market ended April at (Month Close), that being 99%(Pct Range) off of 112~030(Month Low) to 114~070(Month High).

In comparing the March/April closes for each of the last 20 years(Total Years), Scenario found that the September 10-Year T-Notes(CBOT) also closed higher in April than March in 8(Cond Years) of those years. Of those 8, TYU went on to exceed the April 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 TYU should exceed 114~070(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 118~226(Average Objective).
September Eurodollars(CME): The EDU3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 98.810(Prev Close), the market ended April at (Month Close), that being 82%(Pct Range) off of 98.640(Month Low) to 98.865(Month High).

In comparing the March/April closes for each of the last 21 years(Total Years), Scenario found that the September Eurodollars(CME) also closed higher in April than March in 12(Cond Years) of those years. Of those 12, EDU went on to exceed the April 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 EDU should exceed 98.865(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 99.513(Average Objective).
September Japanese Yen(CME): The JYU3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 85.06(Prev Close), the market ended April at (Month Close), that being 70%(Pct Range) off of 83.13(Month Low) to 85.06(Month High).

In comparing the March/April closes for each of the last 26 years(Total Years), Scenario found that the September Japanese Yen(CME) also closed lower in April than March in 13(Cond Years) of those years. Of those 13, JYU went on to penetrate the April low within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the JYU should penetrate 83.13(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 79.75(Average Objective).
September Australian Dollar(CME): The ADU3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 59.36(Prev Close), the market ended April at (Month Close), that being 100%(Pct Range) off of 58.46(Month Low) to 61.92(Month High).

In comparing the March/April closes for each of the last 16 years(Total Years), Scenario found that the September Australian Dollar(CME) also closed higher in April than March in 10(Cond Years) of those years. Of those 10, ADU went on to exceed the April 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 ADU should exceed 61.92(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 64.36(Average Objective).
July Silver(CMX): The SIN3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 447.9(Prev Close), the market ended April at (Month Close), that being 91%(Pct Range) off of 436.0(Month Low) to 468.0(Month High).

In comparing the March/April closes for each of the last 39 years(Total Years), Scenario found that the July Silver(CMX) also closed higher in April than March in 13(Cond Years) of those years. Of those 13, SIN went on to exceed the April high within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the SIN should exceed 468.0(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 510.8(Average Objective).
September Silver(CMX): The SIU3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 449.1(Prev Close), the market ended April at (Month Close), that being 89%(Pct Range) off of 439.5(Month Low) to 470.0(Month High).

In comparing the March/April closes for each of the last 39 years(Total Years), Scenario found that the September Silver(CMX) also closed higher in April than March in 14(Cond Years) of those years. Of those 14, SIU went on to exceed the April 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 SIU should exceed 470.0(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 514.9(Average Objective).
December Silver(CMX): The SIZ3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 450.5(Prev Close), the market ended April at (Month Close), that being 91%(Pct Range) off of 439.5(Month Low) to 471.0(Month High).

In comparing the March/April closes for each of the last 39 years(Total Years), Scenario found that the December Silver(CMX) also closed higher in April than March in 14(Cond Years) of those years. Of those 14, SIZ went on to exceed the April 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 SIZ should exceed 471.0(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 512.5(Average Objective).
September Palladium(NYME): The PAU3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 182.95(Prev Close), the market ended April at (Month Close), that being 24%(Pct Range) off of 148.50(Month Low) to 181.85(Month High).

In comparing the March/April closes for each of the last 26 years(Total Years), Scenario found that the September Palladium(NYME) also closed lower in April than March in 15(Cond Years) of those years. Of those 15, PAU went on to penetrate the April low within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the PAU should penetrate 148.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 132.07(Average Objective).
July Heating Oil(NYM): The HON3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 73.93(Prev Close), the market ended April at (Month Close), that being 18%(Pct Range) off of 66.66(Month Low) to 74.25(Month High).

In comparing the March/April closes for each of the last 23 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed lower in April than March in 5(Cond Years) of those years. Of those 5, HON went on to penetrate the April low within the next 2 months in 5 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HON should penetrate 66.66(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 5 years) a potential move toward 63.07(Average Objective).
August Heating Oil(NYM): The HOQ3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 73.68(Prev Close), the market ended April at (Month Close), that being 18%(Pct Range) off of 66.96(Month Low) to 74.25(Month High).

In comparing the March/April closes for each of the last 23 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed lower in April than March in 6(Cond Years) of those years. Of those 6, HOQ went on to penetrate the April 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 HOQ should penetrate 66.96(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 62.70(Average Objective).
September Heating Oil(NYM): The HOU3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 73.88(Prev Close), the market ended April at (Month Close), that being 20%(Pct Range) off of 67.61(Month Low) to 74.00(Month High).

In comparing the March/April closes for each of the last 23 years(Total Years), Scenario found that the September Heating Oil(NYM) also closed lower in April than March in 7(Cond Years) of those years. Of those 7, HOU went on to penetrate the April 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 HOU should penetrate 67.61(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 63.40(Average Objective).
July Natural Gas(NYM): The NGN3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 5.115(Prev Close), the market ended April at (Month Close), that being 48%(Pct Range) off of 4.980(Month Low) to 5.980(Month High).

In comparing the March/April closes for each of the last 12 years(Total Years), Scenario found that the July Natural Gas(NYM) also closed higher in April than March in 8(Cond Years) of those years. Of those 8, NGN went on to exceed the April 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 5.980(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 6.632(Average Objective).
August Natural Gas(NYM): The NGQ3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 5.135(Prev Close), the market ended April at (Month Close), that being 55%(Pct Range) off of 5.000(Month Low) to 5.920(Month High).

In comparing the March/April closes for each of the last 12 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed higher in April than March in 8(Cond Years) of those years. Of those 8, NGQ went on to exceed the April 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 NGQ should exceed 5.920(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 6.660(Average Objective).
September Natural Gas(NYM): The NGU3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 5.100(Prev Close), the market ended April at (Month Close), that being 59%(Pct Range) off of 4.975(Month Low) to 5.855(Month High).

In comparing the March/April closes for each of the last 12 years(Total Years), Scenario found that the September Natural Gas(NYM) also closed higher in April than March in 8(Cond Years) of those years. Of those 8, NGU went on to exceed the April 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 NGU should exceed 5.855(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 6.530(Average Objective).
October Natural Gas(NYM): The NGV3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 5.082(Prev Close), the market ended April at (Month Close), that being 62%(Pct Range) off of 4.965(Month Low) to 5.830(Month High).

In comparing the March/April closes for each of the last 12 years(Total Years), Scenario found that the October Natural Gas(NYM) also closed higher in April than March in 8(Cond Years) of those years. Of those 8, NGV went on to exceed the April 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 NGV should exceed 5.830(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 6.424(Average Objective).
July Corn(CBOT): The CN3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 237.00(Prev Close), the market ended April at (Month Close), that being 10%(Pct Range) off of 229.50(Month Low) to 246.50(Month High).

In comparing the March/April closes for each of the last 43 years(Total Years), Scenario found that the July Corn(CBOT) also closed lower in April than March in 26(Cond Years) of those years. Of those 26, CN went on to penetrate the April low within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CN should penetrate 229.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 212.52(Average Objective).
September Corn(CBOT): The CU3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 238.00(Prev Close), the market ended April at (Month Close), that being 7%(Pct Range) off of 230.25(Month Low) to 245.50(Month High).

In comparing the March/April closes for each of the last 43 years(Total Years), Scenario found that the September Corn(CBOT) also closed lower in April than March in 25(Cond Years) of those years. Of those 25, CU went on to penetrate the April low within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CU should penetrate 230.25(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 212.74(Average Objective).
December Corn(CBOT): The CZ3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 240.00(Prev Close), the market ended April at (Month Close), that being 11%(Pct Range) off of 231.25(Month Low) to 245.25(Month High).

In comparing the March/April closes for each of the last 43 years(Total Years), Scenario found that the December Corn(CBOT) also closed lower in April than March in 24(Cond Years) of those years. Of those 24, CZ went on to penetrate the April low within the next 2 months in 21 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CZ should penetrate 231.25(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 214.40(Average Objective).
July Wheat(CBOT): The WN3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 289.00(Prev Close), the market ended April at (Month Close), that being 19%(Pct Range) off of 279.50(Month Low) to 296.50(Month High).

In comparing the March/April closes for each of the last 43 years(Total Years), Scenario found that the July Wheat(CBOT) also closed lower in April than March in 22(Cond Years) of those years. Of those 22, WN went on to penetrate the April low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the WN should penetrate 279.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 259.33(Average Objective).
September Wheat(CBOT): The WU3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 295.75(Prev Close), the market ended April at (Month Close), that being 19%(Pct Range) off of 285.50(Month Low) to 300.00(Month High).

In comparing the March/April closes for each of the last 43 years(Total Years), Scenario found that the September Wheat(CBOT) also closed lower in April than March in 21(Cond Years) of those years. Of those 21, WU went on to penetrate the April low within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the WU should penetrate 285.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 267.12(Average Objective).
December Wheat(CBOT): The WZ3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 305.25(Prev Close), the market ended April at (Month Close), that being 22%(Pct Range) off of 295.50(Month Low) to 310.50(Month High).

In comparing the March/April closes for each of the last 43 years(Total Years), Scenario found that the December Wheat(CBOT) also closed lower in April than March in 21(Cond Years) of those years. Of those 21, WZ went on to penetrate the April low within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the WZ should penetrate 295.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 277.71(Average Objective).
July Wheat(KCBT): The KWN3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 305.50(Prev Close), the market ended April at (Month Close), that being 16%(Pct Range) off of 294.00(Month Low) to 313.00(Month High).

In comparing the March/April closes for each of the last 26 years(Total Years), Scenario found that the July Wheat(KCBT) also closed lower in April than March in 12(Cond Years) of those years. Of those 12, KWN went on to penetrate the April low within the next 2 months in 12 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the KWN should penetrate 294.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 280.93(Average Objective).
September Wheat(KCBT): The KWU3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 310.75(Prev Close), the market ended April at (Month Close), that being 8%(Pct Range) off of 300.75(Month Low) to 317.00(Month High).

In comparing the March/April closes for each of the last 26 years(Total Years), Scenario found that the September Wheat(KCBT) also closed lower in April than March in 13(Cond Years) of those years. Of those 13, KWU went on to penetrate the April low within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the KWU should penetrate 300.75(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 286.57(Average Objective).
December Wheat(KCBT): The KWZ3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 320.00(Prev Close), the market ended April at (Month Close), that being 1%(Pct Range) off of 309.50(Month Low) to 326.25(Month High).

In comparing the March/April closes for each of the last 26 years(Total Years), Scenario found that the December Wheat(KCBT) also closed lower in April than March in 13(Cond Years) of those years. Of those 13, KWZ went on to penetrate the April low within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the KWZ should penetrate 309.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 295.25(Average Objective).
September Wheat(MGE): The MWU3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 352.25(Prev Close), the market ended April at (Month Close), that being 16%(Pct Range) off of 336.50(Month Low) to 354.00(Month High).

In comparing the March/April closes for each of the last 22 years(Total Years), Scenario found that the September Wheat(MGE) also closed lower in April than March in 7(Cond Years) of those years. Of those 7, MWU went on to penetrate the April 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 MWU should penetrate 336.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 323.53(Average Objective).
December Wheat(MGE): The MWZ3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 354.75(Prev Close), the market ended April at (Month Close), that being 25%(Pct Range) off of 339.50(Month Low) to 355.50(Month High).

In comparing the March/April closes for each of the last 22 years(Total Years), Scenario found that the December Wheat(MGE) also closed lower in April than March in 9(Cond Years) of those years. Of those 9, MWZ went on to penetrate the April low within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the MWZ should penetrate 339.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 325.13(Average Objective).
September Oats(CBOT): The OU3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 151.50(Prev Close), the market ended April at (Month Close), that being 2%(Pct Range) off of 139.75(Month Low) to 152.00(Month High).

In comparing the March/April closes for each of the last 28 years(Total Years), Scenario found that the September Oats(CBOT) also closed lower in April than March in 10(Cond Years) of those years. Of those 10, OU went on to penetrate the April 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 OU should penetrate 139.75(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 126.13(Average Objective).
December Oats(CBOT): The OZ3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 149.00(Prev Close), the market ended April at (Month Close), that being 15%(Pct Range) off of 140.50(Month Low) to 149.00(Month High).

In comparing the March/April closes for each of the last 28 years(Total Years), Scenario found that the December Oats(CBOT) also closed lower in April than March in 10(Cond Years) of those years. Of those 10, OZ went on to penetrate the April 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 OZ should penetrate 140.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 127.57(Average Objective).
September Rough Rice(CBOT): The RRU3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 6.05(Prev Close), the market ended April at (Month Close), that being 96%(Pct Range) off of 6.09(Month Low) to 6.88(Month High).

In comparing the March/April closes for each of the last 16 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed higher in April than March in 7(Cond Years) of those years. Of those 7, RRU went on to exceed the April high within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the RRU should exceed 6.88(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 7.33(Average Objective).
December Lean Hogs(CME): The LEZ3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 52.800(Prev Close), the market ended April at (Month Close), that being 88%(Pct Range) off of 49.875(Month Low) to 52.700(Month High).

In comparing the March/April closes for each of the last 33 years(Total Years), Scenario found that the December Lean Hogs(CME) also closed lower in April than March in 14(Cond Years) of those years. Of those 14, LEZ went on to penetrate the April low within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the LEZ should penetrate 49.875(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 46.421(Average Objective).
August Pork Bellies(CME): The PBQ3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 87.550(Prev Close), the market ended April at (Month Close), that being 71%(Pct Range) off of 80.000(Month Low) to 88.250(Month High).

In comparing the March/April closes for each of the last 40 years(Total Years), Scenario found that the August Pork Bellies(CME) also closed lower in April than March in 19(Cond Years) of those years. Of those 19, PBQ went on to penetrate the April low within the next 2 months in 18 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the PBQ should penetrate 80.000(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 66.309(Average Objective).
July Sugar #11(NYBOT): The SBN3(Mkt) ended Lower(Cond) for April(Month). Compared to March's 7.27(Prev Close), the market ended April at (Month Close), that being 39%(Pct Range) off of 6.84(Month Low) to 7.76(Month High).

In comparing the March/April closes for each of the last 42 years(Total Years), Scenario found that the July Sugar #11(NYBOT) also closed lower in April than March in 22(Cond Years) of those years. Of those 22, SBN went on to penetrate the April low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the SBN should penetrate 6.84(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 5.74(Average Objective).
September Lumber(CME): The LBU3(Mkt) ended Higher(Cond) for April(Month). Compared to March's 247.8(Prev Close), the market ended April at (Month Close), that being 9%(Pct Range) off of 246.7(Month Low) to 264.6(Month High).

In comparing the March/April closes for each of the last 30 years(Total Years), Scenario found that the September Lumber(CME) also closed higher in April than March in 10(Cond Years) of those years. Of those 10, LBU went on to exceed the April 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 LBU should exceed 264.6(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 293.7(Average Objective).