- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 8850.00(Prev Close), the market ended June at (Month Close),
that being 27%(Pct Range) off of
8851.00(Month Low) to 9353.00(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed
higher in June than May in 21(Cond Years) of those years.
Of those 21, the #DJ went on to exceed the June high within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 9353.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 9788.49(Average Objective).
- Dow Jones Utilities
- The #UTIL(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 245.60(Prev Close), the market ended June at (Month Close),
that being 49%(Pct Range) off of
245.30(Month Low) to 256.99(Month High).
In comparing the May/June closes for each of the last 33 years(Total Years), Scenario found that the Dow Jones Utilities also closed
higher in June than May in 17(Cond Years) of those years.
Of those 17, the #UTIL went on to exceed the June high within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the the #UTIL should exceed 256.99(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 267.23(Average Objective).
- NASDAQ 100 Index
- The #NDX(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 1197.90(Prev Close), the market ended June at (Month Close),
that being 25%(Pct Range) off of
1180.00(Month Low) to 1265.70(Month High).
In comparing the May/June closes for each of the last 17 years(Total Years), Scenario found that the NASDAQ 100 Index also closed
higher in June than May in 8(Cond Years) of those years.
Of those 8, the #NDX went on to exceed the June 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 the #NDX should exceed 1265.70(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 1354.86(Average Objective).
- S & P Midcap 400 Index
- The #MID(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 474.54(Prev Close), the market ended June at (Month Close),
that being 33%(Pct Range) off of
472.86(Month Low) to 495.12(Month High).
In comparing the May/June closes for each of the last 22 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed
higher in June than May in 14(Cond Years) of those years.
Of those 14, the #MID went on to exceed the June 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 495.12(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 517.26(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 1198.70(Prev Close), the market ended June at (Month Close),
that being 38%(Pct Range) off of
1198.30(Month Low) to 1263.60(Month High).
In comparing the May/June closes for each of the last 20 years(Total Years), Scenario found that the Value Line Index also closed
higher in June than May in 9(Cond Years) of those years.
Of those 9, the #VLE went on to exceed the June 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 #VLE should exceed 1263.60(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 1327.99(Average Objective).
- September Swiss Franc(CME)
- The SFU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 77.28(Prev Close), the market ended June at (Month Close),
that being 10%(Pct Range) off of
73.67(Month Low) to 77.39(Month High).
In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the September Swiss Franc(CME) also closed
lower in June than May in 13(Cond Years) of those years.
Of those 13, SFU went on to penetrate the June 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 SFU should penetrate 73.67(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 70.69(Average Objective).
- September Japanese Yen(CME)
- The JYU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 84.12(Prev Close), the market ended June at (Month Close),
that being 15%(Pct Range) off of
83.35(Month Low) to 85.59(Month High).
In comparing the May/June closes for each of the last 26 years(Total Years), Scenario found that the September Japanese Yen(CME) also closed
lower in June than May in 13(Cond Years) of those years.
Of those 13, JYU went on to penetrate the June 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 83.35(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 80.03(Average Objective).
- September British Pound(CME)
- The BPU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 162.80(Prev Close), the market ended June at (Month Close),
that being 50%(Pct Range) off of
161.40(Month Low) to 168.00(Month High).
In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the September British Pound(CME) also closed
higher in June than May in 16(Cond Years) of those years.
Of those 16, BPU went on to exceed the June 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 BPU should exceed 168.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 174.25(Average Objective).
- September Australian Dollar(CME)
- The ADU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 64.76(Prev Close), the market ended June at (Month Close),
that being 98%(Pct Range) off of
64.55(Month Low) to 66.78(Month High).
In comparing the May/June closes for each of the last 16 years(Total Years), Scenario found that the September Australian Dollar(CME) also closed
higher in June than May in 7(Cond Years) of those years.
Of those 7, ADU went on to exceed the June 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 ADU should exceed 66.78(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 68.52(Average Objective).
- October Platinum(NYM)
- The PLV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 621.8(Prev Close), the market ended June at (Month Close),
that being 70%(Pct Range) off of
621.0(Month Low) to 669.0(Month High).
In comparing the May/June closes for each of the last 35 years(Total Years), Scenario found that the October Platinum(NYM) also closed
higher in June than May in 13(Cond Years) of those years.
Of those 13, PLV went on to exceed the June high within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the PLV should exceed 669.0(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 728.8(Average Objective).
- September Crude Oil(NYM)
- The CLU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 27.75(Prev Close), the market ended June at (Month Close),
that being 83%(Pct Range) off of
27.65(Month Low) to 30.20(Month High).
In comparing the May/June closes for each of the last 20 years(Total Years), Scenario found that the September Crude Oil(NYM) also closed
higher in June than May in 8(Cond Years) of those years.
Of those 8, CLU went on to exceed the June 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 CLU should exceed 30.20(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 32.84(Average Objective).
- October Crude Oil(NYM)
- The CLV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 27.28(Prev Close), the market ended June at (Month Close),
that being 93%(Pct Range) off of
27.40(Month Low) to 29.41(Month High).
In comparing the May/June closes for each of the last 20 years(Total Years), Scenario found that the October Crude Oil(NYM) also closed
higher in June than May in 8(Cond Years) of those years.
Of those 8, CLV went on to exceed the June 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 CLV should exceed 29.41(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 32.18(Average Objective).
- November Crude Oil(NYM)
- The CLX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 26.89(Prev Close), the market ended June at (Month Close),
that being 100%(Pct Range) off of
27.00(Month Low) to 28.83(Month High).
In comparing the May/June closes for each of the last 20 years(Total Years), Scenario found that the November Crude Oil(NYM) also closed
higher in June than May in 8(Cond Years) of those years.
Of those 8, CLX went on to exceed the June 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 CLX should exceed 28.83(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 31.43(Average Objective).
- December Crude Oil(NYM)
- The CLZ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 26.60(Prev Close), the market ended June at (Month Close),
that being 100%(Pct Range) off of
26.60(Month Low) to 28.41(Month High).
In comparing the May/June closes for each of the last 20 years(Total Years), Scenario found that the December Crude Oil(NYM) also closed
higher in June than May in 8(Cond Years) of those years.
Of those 8, CLZ went on to exceed the June 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 CLZ should exceed 28.41(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 30.85(Average Objective).
- January Crude Oil(NYM)
- The CLF4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 26.30(Prev Close), the market ended June at (Month Close),
that being 100%(Pct Range) off of
26.34(Month Low) to 27.96(Month High).
In comparing the May/June closes for each of the last 19 years(Total Years), Scenario found that the January Crude Oil(NYM) also closed
higher in June than May in 7(Cond Years) of those years.
Of those 7, CLF went on to exceed the June high within the next 2 months in 7 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the CLF should exceed 27.96(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 30.40(Average Objective).
- September Heating Oil(NYM)
- The HOU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 75.42(Prev Close), the market ended June at (Month Close),
that being 82%(Pct Range) off of
73.70(Month Low) to 80.30(Month High).
In comparing the May/June closes for each of the last 23 years(Total Years), Scenario found that the September Heating Oil(NYM) also closed
higher in June than May in 9(Cond Years) of those years.
Of those 9, HOU went on to exceed the June 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 HOU should exceed 80.30(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 87.37(Average Objective).
- October Heating Oil(NYM)
- The HOV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 75.82(Prev Close), the market ended June at (Month Close),
that being 86%(Pct Range) off of
74.40(Month Low) to 80.40(Month High).
In comparing the May/June closes for each of the last 23 years(Total Years), Scenario found that the October Heating Oil(NYM) also closed
higher in June than May in 8(Cond Years) of those years.
Of those 8, HOV went on to exceed the June 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 HOV should exceed 80.40(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 88.25(Average Objective).
- November Heating Oil(NYM)
- The HOX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 76.22(Prev Close), the market ended June at (Month Close),
that being 90%(Pct Range) off of
75.00(Month Low) to 80.50(Month High).
In comparing the May/June closes for each of the last 24 years(Total Years), Scenario found that the November Heating Oil(NYM) also closed
higher in June than May in 8(Cond Years) of those years.
Of those 8, HOX went on to exceed the June 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 HOX should exceed 80.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 88.07(Average Objective).
- December Heating Oil(NYM)
- The HOZ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 76.62(Prev Close), the market ended June at (Month Close),
that being 91%(Pct Range) off of
75.45(Month Low) to 80.80(Month High).
In comparing the May/June closes for each of the last 24 years(Total Years), Scenario found that the December Heating Oil(NYM) also closed
higher in June than May in 8(Cond Years) of those years.
Of those 8, HOZ went on to exceed the June 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 HOZ should exceed 80.80(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 88.22(Average Objective).
- January Heating Oil(NYM)
- The HOF4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 76.77(Prev Close), the market ended June at (Month Close),
that being 91%(Pct Range) off of
75.70(Month Low) to 80.90(Month High).
In comparing the May/June closes for each of the last 24 years(Total Years), Scenario found that the January Heating Oil(NYM) also closed
higher in June than May in 8(Cond Years) of those years.
Of those 8, HOF went on to exceed the June 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 HOF should exceed 80.90(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 87.75(Average Objective).
- September Unleaded Gas(NYM)
- The HUU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 81.55(Prev Close), the market ended June at (Month Close),
that being 68%(Pct Range) off of
79.50(Month Low) to 87.50(Month High).
In comparing the May/June closes for each of the last 18 years(Total Years), Scenario found that the September Unleaded Gas(NYM) also closed
higher in June than May in 7(Cond Years) of those years.
Of those 7, HUU went on to exceed the June high within the next 2 months in 7 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the HUU should exceed 87.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 93.45(Average Objective).
- October Unleaded Gas(NYM)
- The HUV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 77.65(Prev Close), the market ended June at (Month Close),
that being 76%(Pct Range) off of
76.30(Month Low) to 82.15(Month High).
In comparing the May/June closes for each of the last 18 years(Total Years), Scenario found that the October Unleaded Gas(NYM) also closed
higher in June than May in 7(Cond Years) of those years.
Of those 7, HUV went on to exceed the June high within the next 2 months in 7 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the HUV should exceed 82.15(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 88.56(Average Objective).
- November Unleaded Gas(NYM)
- The HUX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 75.20(Prev Close), the market ended June at (Month Close),
that being 81%(Pct Range) off of
74.30(Month Low) to 79.32(Month High).
In comparing the May/June closes for each of the last 18 years(Total Years), Scenario found that the November Unleaded Gas(NYM) also closed
higher in June than May in 6(Cond Years) of those years.
Of those 6, HUX went on to exceed the June 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 HUX should exceed 79.32(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 86.12(Average Objective).
- December Unleaded Gas(NYM)
- The HUZ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 73.75(Prev Close), the market ended June at (Month Close),
that being 79%(Pct Range) off of
73.00(Month Low) to 77.62(Month High).
In comparing the May/June closes for each of the last 18 years(Total Years), Scenario found that the December Unleaded Gas(NYM) also closed
higher in June than May in 6(Cond Years) of those years.
Of those 6, HUZ went on to exceed the June 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 HUZ should exceed 77.62(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 84.10(Average Objective).
- January Unleaded Gas(NYM)
- The HUF4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 73.40(Prev Close), the market ended June at (Month Close),
that being 85%(Pct Range) off of
72.55(Month Low) to 76.50(Month High).
In comparing the May/June closes for each of the last 17 years(Total Years), Scenario found that the January Unleaded Gas(NYM) also closed
higher in June than May in 6(Cond Years) of those years.
Of those 6, HUF went on to exceed the June 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 HUF should exceed 76.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 82.26(Average Objective).
- September Soybeans(CBOT)
- The SU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 588.00(Prev Close), the market ended June at (Month Close),
that being 18%(Pct Range) off of
578.00(Month Low) to 612.00(Month High).
In comparing the May/June closes for each of the last 43 years(Total Years), Scenario found that the September Soybeans(CBOT) also closed
lower in June than May in 21(Cond Years) of those years.
Of those 21, SU went on to penetrate the June low within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the SU should penetrate 578.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 535.07(Average Objective).
- November Soybeans(CBOT)
- The SX3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 560.25(Prev Close), the market ended June at (Month Close),
that being 15%(Pct Range) off of
546.00(Month Low) to 588.00(Month High).
In comparing the May/June closes for each of the last 43 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed
lower in June than May in 22(Cond Years) of those years.
Of those 22, SX went on to penetrate the June low within the next 2 months in 21 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the SX should penetrate 546.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 505.31(Average Objective).
- August Soybean Oil(CBOT)
- The BOQ3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 22.13(Prev Close), the market ended June at (Month Close),
that being 30%(Pct Range) off of
21.54(Month Low) to 22.95(Month High).
In comparing the May/June closes for each of the last 41 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed
lower in June than May in 24(Cond Years) of those years.
Of those 24, BOQ went on to penetrate the June 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 BOQ should penetrate 21.54(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 19.59(Average Objective).
- September Soybean Oil(CBOT)
- The BOU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 22.04(Prev Close), the market ended June at (Month Close),
that being 39%(Pct Range) off of
21.58(Month Low) to 22.84(Month High).
In comparing the May/June closes for each of the last 43 years(Total Years), Scenario found that the September Soybean Oil(CBOT) also closed
higher in June than May in 18(Cond Years) of those years.
Of those 18, BOU went on to exceed the June 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 BOU should exceed 22.84(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 26.99(Average Objective).
- October Soybean Oil(CBOT)
- The BOV3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 21.77(Prev Close), the market ended June at (Month Close),
that being 34%(Pct Range) off of
21.25(Month Low) to 22.50(Month High).
In comparing the May/June closes for each of the last 43 years(Total Years), Scenario found that the October Soybean Oil(CBOT) also closed
lower in June than May in 25(Cond Years) of those years.
Of those 25, BOV went on to penetrate the June 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 BOV should penetrate 21.25(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 19.24(Average Objective).
- August Soybean Meal(CBOT)
- The SMQ3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 188.60(Prev Close), the market ended June at (Month Close),
that being 29%(Pct Range) off of
184.40(Month Low) to 196.50(Month High).
In comparing the May/June closes for each of the last 43 years(Total Years), Scenario found that the August Soybean Meal(CBOT) also closed
lower in June than May in 18(Cond Years) of those years.
Of those 18, SMQ went on to penetrate the June 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 SMQ should penetrate 184.40(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 167.23(Average Objective).
- September Soybean Meal(CBOT)
- The SMU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 182.70(Prev Close), the market ended June at (Month Close),
that being 16%(Pct Range) off of
178.80(Month Low) to 190.10(Month High).
In comparing the May/June closes for each of the last 42 years(Total Years), Scenario found that the September Soybean Meal(CBOT) also closed
lower in June than May in 17(Cond Years) of those years.
Of those 17, SMU went on to penetrate the June 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 SMU should penetrate 178.80(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 164.63(Average Objective).
- October Soybean Meal(CBOT)
- The SMV3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 170.90(Prev Close), the market ended June at (Month Close),
that being 2%(Pct Range) off of
166.50(Month Low) to 180.50(Month High).
In comparing the May/June closes for each of the last 43 years(Total Years), Scenario found that the October Soybean Meal(CBOT) also closed
lower in June than May in 19(Cond Years) of those years.
Of those 19, SMV went on to penetrate the June low within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the SMV should penetrate 166.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 153.43(Average Objective).
- December Soybean Meal(CBOT)
- The SMZ3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 169.80(Prev Close), the market ended June at (Month Close),
that being 9%(Pct Range) off of
164.00(Month Low) to 179.50(Month High).
In comparing the May/June closes for each of the last 43 years(Total Years), Scenario found that the December Soybean Meal(CBOT) also closed
lower in June than May in 20(Cond Years) of those years.
Of those 20, SMZ went on to penetrate the June 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 SMZ should penetrate 164.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 151.57(Average Objective).
- September Wheat(KCBT)
- The KWU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 332.00(Prev Close), the market ended June at (Month Close),
that being 12%(Pct Range) off of
305.50(Month Low) to 339.50(Month High).
In comparing the May/June closes for each of the last 27 years(Total Years), Scenario found that the September Wheat(KCBT) also closed
lower in June than May in 18(Cond Years) of those years.
Of those 18, KWU went on to penetrate the June 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 KWU should penetrate 305.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 282.78(Average Objective).
- December Wheat(KCBT)
- The KWZ3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 340.00(Prev Close), the market ended June at (Month Close),
that being 11%(Pct Range) off of
317.00(Month Low) to 349.00(Month High).
In comparing the May/June closes for each of the last 27 years(Total Years), Scenario found that the December Wheat(KCBT) also closed
lower in June than May in 19(Cond Years) of those years.
Of those 19, KWZ went on to penetrate the June low within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the KWZ should penetrate 317.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 292.58(Average Objective).
- September Wheat(MGE)
- The MWU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 358.50(Prev Close), the market ended June at (Month Close),
that being 22%(Pct Range) off of
330.00(Month Low) to 361.25(Month High).
In comparing the May/June closes for each of the last 22 years(Total Years), Scenario found that the September Wheat(MGE) also closed
lower in June than May in 14(Cond Years) of those years.
Of those 14, MWU went on to penetrate the June low within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the MWU should penetrate 330.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 304.15(Average Objective).
- December Wheat(MGE)
- The MWZ3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 362.50(Prev Close), the market ended June at (Month Close),
that being 17%(Pct Range) off of
336.00(Month Low) to 364.75(Month High).
In comparing the May/June closes for each of the last 22 years(Total Years), Scenario found that the December Wheat(MGE) also closed
lower in June than May in 16(Cond Years) of those years.
Of those 16, MWZ went on to penetrate the June 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 MWZ should penetrate 336.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 311.24(Average Objective).
- August Live Cattle(CME)
- The LCQ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 69.750(Prev Close), the market ended June at (Month Close),
that being 65%(Pct Range) off of
66.950(Month Low) to 71.500(Month High).
In comparing the May/June closes for each of the last 38 years(Total Years), Scenario found that the August Live Cattle(CME) also closed
higher in June than May in 16(Cond Years) of those years.
Of those 16, LCQ went on to exceed the June 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 LCQ should exceed 71.500(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 75.216(Average Objective).
- October Live Cattle(CME)
- The LCV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 70.600(Prev Close), the market ended June at (Month Close),
that being 72%(Pct Range) off of
68.225(Month Low) to 72.000(Month High).
In comparing the May/June closes for each of the last 38 years(Total Years), Scenario found that the October Live Cattle(CME) also closed
higher in June than May in 17(Cond Years) of those years.
Of those 17, LCV went on to exceed the June high within the next 2 months in 17 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the LCV should exceed 72.000(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 76.108(Average Objective).
- December Live Cattle(CME)
- The LCZ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 73.525(Prev Close), the market ended June at (Month Close),
that being 60%(Pct Range) off of
71.600(Month Low) to 74.900(Month High).
In comparing the May/June closes for each of the last 38 years(Total Years), Scenario found that the December Live Cattle(CME) also closed
higher in June than May in 18(Cond Years) of those years.
Of those 18, LCZ went on to exceed the June high within the next 2 months in 17 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the LCZ should exceed 74.900(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 78.962(Average Objective).
- August Feeder Cattle(CME)
- The FCQ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 85.300(Prev Close), the market ended June at (Month Close),
that being 97%(Pct Range) off of
83.650(Month Low) to 86.800(Month High).
In comparing the May/June closes for each of the last 31 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed
higher in June than May in 17(Cond Years) of those years.
Of those 17, FCQ went on to exceed the June high within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the FCQ should exceed 86.800(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 91.789(Average Objective).
- September Feeder Cattle(CME)
- The FCU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 85.575(Prev Close), the market ended June at (Month Close),
that being 97%(Pct Range) off of
83.800(Month Low) to 87.000(Month High).
In comparing the May/June closes for each of the last 31 years(Total Years), Scenario found that the September Feeder Cattle(CME) also closed
higher in June than May in 17(Cond Years) of those years.
Of those 17, FCU went on to exceed the June high within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the FCU should exceed 87.000(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 91.754(Average Objective).
- November Feeder Cattle(CME)
- The FCX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 85.950(Prev Close), the market ended June at (Month Close),
that being 94%(Pct Range) off of
84.100(Month Low) to 87.225(Month High).
In comparing the May/June closes for each of the last 31 years(Total Years), Scenario found that the November Feeder Cattle(CME) also closed
higher in June than May in 18(Cond Years) of those years.
Of those 18, FCX went on to exceed the June high within the next 2 months in 17 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the FCX should exceed 87.225(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 91.880(Average Objective).
- March Sugar #11(NYBOT)
- The SBH4(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 7.05(Prev Close), the market ended June at (Month Close),
that being 19%(Pct Range) off of
6.30(Month Low) to 7.03(Month High).
In comparing the May/June closes for each of the last 42 years(Total Years), Scenario found that the March Sugar #11(NYBOT) also closed
lower in June than May in 24(Cond Years) of those years.
Of those 24, SBH went on to penetrate the June 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 SBH should penetrate 6.30(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 5.31(Average Objective).
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