- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 10488.00(Prev Close), the market ended February at (Month Close),
that being 47%(Pct Range) off of
10435.00(Month Low) to 10754.00(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed
higher in February than January in 24(Cond Years) of those years.
Of those 24, the #DJ went on to exceed the February high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 10754.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 11353.59(Average Objective).
- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 2885.90(Prev Close), the market ended February at (Month Close),
that being 60%(Pct Range) off of
2816.00(Month Low) to 2960.50(Month High).
In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the Dow Jones Transportation also closed
higher in February than January in 20(Cond Years) of those years.
Of those 20, the #TRAN went on to exceed the February 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 the #TRAN should exceed 2960.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 3169.81(Average Objective).
- Dow Jones Utilities
- The #UTIL(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 271.90(Prev Close), the market ended February at (Month Close),
that being 96%(Pct Range) off of
267.30(Month Low) to 278.43(Month High).
In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the Dow Jones Utilities also closed
higher in February than January in 10(Cond Years) of those years.
Of those 10, the #UTIL went on to exceed the February high within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the the #UTIL should exceed 278.43(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 289.44(Average Objective).
- S & P 100(OEX)
- The #OEX(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 560.30(Prev Close), the market ended February at (Month Close),
that being 45%(Pct Range) off of
557.40(Month Low) to 573.20(Month High).
In comparing the January/February closes for each of the last 20 years(Total Years), Scenario found that the S & P 100(OEX) also closed
higher in February than January in 11(Cond Years) of those years.
Of those 11, the #OEX went on to exceed the February high within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the the #OEX should exceed 573.20(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 601.38(Average Objective).
- NASDAQ 100 Index
- The #NDX(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 1493.10(Prev Close), the market ended February at (Month Close),
that being 25%(Pct Range) off of
1452.50(Month Low) to 1524.10(Month High).
In comparing the January/February closes for each of the last 18 years(Total Years), Scenario found that the NASDAQ 100 Index also closed
lower in February than January in 7(Cond Years) of those years.
Of those 7, the #NDX went on to penetrate the February 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 the #NDX should penetrate 1452.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 1328.58(Average Objective).
- Russell 2000 Index
- The #RUT(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 580.76(Prev Close), the market ended February at (Month Close),
that being 65%(Pct Range) off of
564.03(Month Low) to 597.08(Month High).
In comparing the January/February closes for each of the last 25 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in February than January in 14(Cond Years) of those years.
Of those 14, the #RUT went on to exceed the February high within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the the #RUT should exceed 597.08(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 640.43(Average Objective).
- S & P Midcap 400 Index
- The #MID(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 588.06(Prev Close), the market ended February at (Month Close),
that being 71%(Pct Range) off of
580.91(Month Low) to 609.80(Month High).
In comparing the January/February closes for each of the last 23 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed
higher in February than January in 14(Cond Years) of those years.
Of those 14, the #MID went on to exceed the February high within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the the #MID should exceed 609.80(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 647.03(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 1582.70(Prev Close), the market ended February at (Month Close),
that being 72%(Pct Range) off of
1556.10(Month Low) to 1633.70(Month High).
In comparing the January/February closes for each of the last 21 years(Total Years), Scenario found that the Value Line Index also closed
higher in February than January in 13(Cond Years) of those years.
Of those 13, the #VLE went on to exceed the February high within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the the #VLE should exceed 1633.70(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 1721.05(Average Objective).
- June NASDAQ 100(CME)
- The NDM4(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 1498.00(Prev Close), the market ended February at (Month Close),
that being 27%(Pct Range) off of
1460.00(Month Low) to 1516.00(Month High).
In comparing the January/February closes for each of the last 7 years(Total Years), Scenario found that the June NASDAQ 100(CME) also closed
lower in February than January in 4(Cond Years) of those years.
Of those 4, NDM went on to penetrate the February low within the next 2 months in 4 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NDM should penetrate 1460.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 4 years) a potential move
toward 1356.79(Average Objective).
- September Eurodollars(CME)
- The EDU4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 98.350(Prev Close), the market ended February at (Month Close),
that being 92%(Pct Range) off of
98.270(Month Low) to 98.600(Month High).
In comparing the January/February closes for each of the last 21 years(Total Years), Scenario found that the September Eurodollars(CME) also closed
higher in February than January in 11(Cond Years) of those years.
Of those 11, EDU went on to exceed the February high within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the EDU should exceed 98.600(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 98.960(Average Objective).
- December Eurodollars(CME)
- The EDZ4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 97.950(Prev Close), the market ended February at (Month Close),
that being 95%(Pct Range) off of
97.860(Month Low) to 98.290(Month High).
In comparing the January/February closes for each of the last 21 years(Total Years), Scenario found that the December Eurodollars(CME) also closed
higher in February than January in 12(Cond Years) of those years.
Of those 12, EDZ went on to exceed the February 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 EDZ should exceed 98.290(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 98.633(Average Objective).
- June Swiss Franc(CME)
- The SFM4(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 79.72(Prev Close), the market ended February at (Month Close),
that being 20%(Pct Range) off of
78.79(Month Low) to 82.01(Month High).
In comparing the January/February closes for each of the last 28 years(Total Years), Scenario found that the June Swiss Franc(CME) also closed
lower in February than January in 14(Cond Years) of those years.
Of those 14, SFM went on to penetrate the February 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 SFM should penetrate 78.79(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 75.73(Average Objective).
- June Australian Dollar(CME)
- The ADM4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 75.13(Prev Close), the market ended February at (Month Close),
that being 45%(Pct Range) off of
74.40(Month Low) to 78.74(Month High).
In comparing the January/February closes for each of the last 17 years(Total Years), Scenario found that the June Australian Dollar(CME) also closed
higher in February than January in 10(Cond Years) of those years.
Of those 10, ADM went on to exceed the February high within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the ADM should exceed 78.74(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 81.67(Average Objective).
- June Gold(CMX)
- The GCM4(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 403.9(Prev Close), the market ended February at (Month Close),
that being 21%(Pct Range) off of
392.0(Month Low) to 419.0(Month High).
In comparing the January/February closes for each of the last 29 years(Total Years), Scenario found that the June Gold(CMX) also closed
lower in February than January in 17(Cond Years) of those years.
Of those 17, GCM went on to penetrate the February low within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the GCM should penetrate 392.0(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 369.6(Average Objective).
- August Gold(CMX)
- The GCQ4(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 404.9(Prev Close), the market ended February at (Month Close),
that being 23%(Pct Range) off of
392.5(Month Low) to 419.5(Month High).
In comparing the January/February closes for each of the last 29 years(Total Years), Scenario found that the August Gold(CMX) also closed
lower in February than January in 18(Cond Years) of those years.
Of those 18, GCQ went on to penetrate the February 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 392.5(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 371.3(Average Objective).
- May Copper(CMX)
- The HGK4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 113.80(Prev Close), the market ended February at (Month Close),
that being 94%(Pct Range) off of
113.30(Month Low) to 135.90(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the May Copper(CMX) also closed
higher in February than January in 23(Cond Years) of those years.
Of those 23, HGK went on to exceed the February high within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.
Therefore, the historical odds are high that the HGK should exceed 135.90(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 150.89(Average Objective).
- July Copper(CMX)
- The HGN4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 112.75(Prev Close), the market ended February at (Month Close),
that being 96%(Pct Range) off of
112.30(Month Low) to 133.85(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the July Copper(CMX) also closed
higher in February than January in 24(Cond Years) of those years.
Of those 24, HGN went on to exceed the February high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the HGN should exceed 133.85(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 147.49(Average Objective).
- July Crude Oil(NYM)
- The CLN4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 30.51(Prev Close), the market ended February at (Month Close),
that being 100%(Pct Range) off of
30.02(Month Low) to 33.80(Month High).
In comparing the January/February closes for each of the last 20 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed
higher in February than January in 11(Cond Years) of those years.
Of those 11, CLN went on to exceed the February high within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the CLN should exceed 33.80(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 37.26(Average Objective).
- August Crude Oil(NYM)
- The CLQ4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 30.08(Prev Close), the market ended February at (Month Close),
that being 100%(Pct Range) off of
29.45(Month Low) to 33.25(Month High).
In comparing the January/February closes for each of the last 20 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed
higher in February than January in 11(Cond Years) of those years.
Of those 11, CLQ went on to exceed the February high within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the CLQ should exceed 33.25(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 36.34(Average Objective).
- June Heating Oil(NYM)
- The HOM4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 80.46(Prev Close), the market ended February at (Month Close),
that being 96%(Pct Range) off of
78.70(Month Low) to 88.50(Month High).
In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the June Heating Oil(NYM) also closed
higher in February than January in 9(Cond Years) of those years.
Of those 9, HOM went on to exceed the February high within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the HOM should exceed 88.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 97.67(Average Objective).
- July Heating Oil(NYM)
- The HON4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 79.26(Prev Close), the market ended February at (Month Close),
that being 98%(Pct Range) off of
77.70(Month Low) to 87.10(Month High).
In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed
higher in February than January in 9(Cond Years) of those years.
Of those 9, HON went on to exceed the February high within the next 2 months in 8 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the HON should exceed 87.10(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 94.86(Average Objective).
- August Heating Oil(NYM)
- The HOQ4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 79.11(Prev Close), the market ended February at (Month Close),
that being 100%(Pct Range) off of
77.30(Month Low) to 86.54(Month High).
In comparing the January/February closes for each of the last 22 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed
higher in February than January in 8(Cond Years) of those years.
Of those 8, HOQ went on to exceed the February high within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the HOQ should exceed 86.54(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 95.00(Average Objective).
- June Unleaded Gas(NYM)
- The HUM4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 98.23(Prev Close), the market ended February at (Month Close),
that being 97%(Pct Range) off of
97.25(Month Low) to 108.80(Month High).
In comparing the January/February closes for each of the last 18 years(Total Years), Scenario found that the June Unleaded Gas(NYM) also closed
higher in February than January in 7(Cond Years) of those years.
Of those 7, HUM went on to exceed the February 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 HUM should exceed 108.80(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 127.25(Average Objective).
- July Unleaded Gas(NYM)
- The HUN4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 95.53(Prev Close), the market ended February at (Month Close),
that being 97%(Pct Range) off of
95.40(Month Low) to 106.00(Month High).
In comparing the January/February closes for each of the last 18 years(Total Years), Scenario found that the July Unleaded Gas(NYM) also closed
higher in February than January in 7(Cond Years) of those years.
Of those 7, HUN went on to exceed the February 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 HUN should exceed 106.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 122.35(Average Objective).
- August Unleaded Gas(NYM)
- The HUQ4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 92.68(Prev Close), the market ended February at (Month Close),
that being 99%(Pct Range) off of
92.85(Month Low) to 102.70(Month High).
In comparing the January/February closes for each of the last 18 years(Total Years), Scenario found that the August Unleaded Gas(NYM) also closed
higher in February than January in 9(Cond Years) of those years.
Of those 9, HUQ went on to exceed the February high within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the HUQ should exceed 102.70(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 114.11(Average Objective).
- August Natural Gas(NYM)
- The NGQ4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 5.078(Prev Close), the market ended February at (Month Close),
that being 96%(Pct Range) off of
5.080(Month Low) to 5.545(Month High).
In comparing the January/February closes for each of the last 13 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed
higher in February than January in 10(Cond Years) of those years.
Of those 10, NGQ went on to exceed the February high within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the NGQ should exceed 5.545(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 6.358(Average Objective).
- July Soybeans(CBOT)
- The SN4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 813.00(Prev Close), the market ended February at (Month Close),
that being 97%(Pct Range) off of
786.00(Month Low) to 924.00(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the July Soybeans(CBOT) also closed
higher in February than January in 21(Cond Years) of those years.
Of those 21, SN went on to exceed the February 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 SN should exceed 924.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 1000.73(Average Objective).
- August Soybeans(CBOT)
- The SQ4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 782.00(Prev Close), the market ended February at (Month Close),
that being 99%(Pct Range) off of
759.00(Month Low) to 880.00(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the August Soybeans(CBOT) also closed
higher in February than January in 20(Cond Years) of those years.
Of those 20, SQ went on to exceed the February high within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the SQ should exceed 880.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 952.60(Average Objective).
- November Soybeans(CBOT)
- The SX4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 662.50(Prev Close), the market ended February at (Month Close),
that being 96%(Pct Range) off of
633.00(Month Low) to 740.00(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed
higher in February than January in 23(Cond Years) of those years.
Of those 23, SX went on to exceed the February high within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the SX should exceed 740.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 782.48(Average Objective).
- July Soybean Oil(CBOT)
- The BON4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 29.37(Prev Close), the market ended February at (Month Close),
that being 98%(Pct Range) off of
28.72(Month Low) to 33.85(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed
higher in February than January in 25(Cond Years) of those years.
Of those 25, BON went on to exceed the February high within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the BON should exceed 33.85(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 37.17(Average Objective).
- August Soybean Oil(CBOT)
- The BOQ4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 28.85(Prev Close), the market ended February at (Month Close),
that being 97%(Pct Range) off of
28.30(Month Low) to 32.95(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed
higher in February than January in 24(Cond Years) of those years.
Of those 24, BOQ went on to exceed the February high within the next 2 months in 21 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the BOQ should exceed 32.95(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 36.12(Average Objective).
- July Soybean Meal(CBOT)
- The SMN4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 252.70(Prev Close), the market ended February at (Month Close),
that being 96%(Pct Range) off of
237.50(Month Low) to 278.30(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the July Soybean Meal(CBOT) also closed
higher in February than January in 17(Cond Years) of those years.
Of those 17, SMN went on to exceed the February 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 SMN should exceed 278.30(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 304.30(Average Objective).
- August Soybean Meal(CBOT)
- The SMQ4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 242.50(Prev Close), the market ended February at (Month Close),
that being 95%(Pct Range) off of
228.50(Month Low) to 267.50(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the August Soybean Meal(CBOT) also closed
higher in February than January in 19(Cond Years) of those years.
Of those 19, SMQ went on to exceed the February high within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the SMQ should exceed 267.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 290.87(Average Objective).
- July Rough Rice(CBOT)
- The RRN4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 8.37(Prev Close), the market ended February at (Month Close),
that being 92%(Pct Range) off of
7.90(Month Low) to 9.48(Month High).
In comparing the January/February closes for each of the last 14 years(Total Years), Scenario found that the July Rough Rice(CBOT) also closed
higher in February than January in 3(Cond Years) of those years.
Of those 3, RRN went on to exceed the February high within the next 2 months in 3 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the RRN should exceed 9.48(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 3 years) a potential move
toward 10.02(Average Objective).
- September Rough Rice(CBOT)
- The RRU4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 7.90(Prev Close), the market ended February at (Month Close),
that being 87%(Pct Range) off of
7.35(Month Low) to 8.38(Month High).
In comparing the January/February closes for each of the last 17 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed
higher in February than January in 8(Cond Years) of those years.
Of those 8, RRU went on to exceed the February high within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the RRU should exceed 8.38(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 8.88(Average Objective).
- June Live Cattle(CME)
- The LCM4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 70.600(Prev Close), the market ended February at (Month Close),
that being 95%(Pct Range) off of
68.425(Month Low) to 73.150(Month High).
In comparing the January/February closes for each of the last 39 years(Total Years), Scenario found that the June Live Cattle(CME) also closed
higher in February than January in 22(Cond Years) of those years.
Of those 22, LCM went on to exceed the February high within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the LCM should exceed 73.150(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 77.434(Average Objective).
- August Feeder Cattle(CME)
- The FCQ4(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 88.250(Prev Close), the market ended February at (Month Close),
that being 65%(Pct Range) off of
86.600(Month Low) to 89.000(Month High).
In comparing the January/February closes for each of the last 31 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed
lower in February than January in 13(Cond Years) of those years.
Of those 13, FCQ went on to penetrate the February 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 FCQ should penetrate 86.600(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 82.086(Average Objective).
- June Lean Hogs(CME)
- The LEM4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 64.200(Prev Close), the market ended February at (Month Close),
that being 99%(Pct Range) off of
62.850(Month Low) to 66.650(Month High).
In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, LEM went on to exceed the February 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 LEM should exceed 66.650(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 72.646(Average Objective).
- July Lean Hogs(CME)
- The LEN4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 61.000(Prev Close), the market ended February at (Month Close),
that being 99%(Pct Range) off of
59.500(Month Low) to 62.750(Month High).
In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed
higher in February than January in 14(Cond Years) of those years.
Of those 14, LEN went on to exceed the February high within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the LEN should exceed 62.750(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 68.567(Average Objective).
- July Pork Bellies(CME)
- The PBN4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 88.200(Prev Close), the market ended February at (Month Close),
that being 100%(Pct Range) off of
87.500(Month Low) to 98.975(Month High).
In comparing the January/February closes for each of the last 39 years(Total Years), Scenario found that the July Pork Bellies(CME) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, PBN went on to exceed the February 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 PBN should exceed 98.975(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 112.846(Average Objective).
- October Sugar #11(NYBOT)
- The SBV4(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 6.13(Prev Close), the market ended February at (Month Close),
that being 87%(Pct Range) off of
5.84(Month Low) to 6.14(Month High).
In comparing the January/February closes for each of the last 40 years(Total Years), Scenario found that the October Sugar #11(NYBOT) also closed
lower in February than January in 21(Cond Years) of those years.
Of those 21, SBV went on to penetrate the February 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 SBV should penetrate 5.84(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 4.94(Average Objective).
- July Cotton(NYBOT)
- The CTN4(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 73.56(Prev Close), the market ended February at (Month Close),
that being 89%(Pct Range) off of
67.50(Month Low) to 75.50(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the July Cotton(NYBOT) also closed
higher in February than January in 23(Cond Years) of those years.
Of those 23, CTN went on to exceed the February high within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.
Therefore, the historical odds are high that the CTN should exceed 75.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 79.99(Average Objective).
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