- Dow Jones Utilities
- The #UTIL(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 278.00(Prev Close), the market ended March at (Month Close),
that being 92%(Pct Range) off of
272.10(Month Low) to 281.87(Month High).
In comparing the February/March closes for each of the last 34 years(Total Years), Scenario found that the Dow Jones Utilities also closed
higher in March than February in 17(Cond Years) of those years.
Of those 17, the #UTIL went on to exceed the March 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 281.87(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 294.98(Average Objective).
- Russell 2000 Index
- The #RUT(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 585.56(Prev Close), the market ended March at (Month Close),
that being 73%(Pct Range) off of
556.13(Month Low) to 603.16(Month High).
In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in March than February in 17(Cond Years) of those years.
Of those 17, the #RUT went on to exceed the March 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 the #RUT should exceed 603.16(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 635.27(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 1611.60(Prev Close), the market ended March at (Month Close),
that being 64%(Pct Range) off of
1533.00(Month Low) to 1650.50(Month High).
In comparing the February/March closes for each of the last 21 years(Total Years), Scenario found that the Value Line Index also closed
lower in March than February in 5(Cond Years) of those years.
Of those 5, the #VLE went on to penetrate the March 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 the #VLE should penetrate 1533.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 1491.90(Average Objective).
- Nikkei 225 Index
- The #SSNI(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 11042(Prev Close), the market ended March at (Month Close),
that being 79%(Pct Range) off of
11046(Month Low) to 11869(Month High).
In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the Nikkei 225 Index also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, the #SSNI went on to exceed the March high within the next 2 months in 13 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the the #SSNI should exceed 11869(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 12598(Average Objective).
- June NASDAQ 100(CME)
- The NDM4(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 1475.00(Prev Close), the market ended March at (Month Close),
that being 58%(Pct Range) off of
1369.00(Month Low) to 1495.00(Month High).
In comparing the February/March closes for each of the last 7 years(Total Years), Scenario found that the June NASDAQ 100(CME) also closed
lower in March than February in 2(Cond Years) of those years.
Of those 2, NDM went on to penetrate the March low within the next 2 months in 2 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NDM should penetrate 1369.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 2 years) a potential move
toward 1336.73(Average Objective).
- September Eurodollars(CME)
- The EDU4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 98.575(Prev Close), the market ended March at (Month Close),
that being 77%(Pct Range) off of
98.460(Month Low) to 98.740(Month High).
In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the September Eurodollars(CME) also closed
higher in March than February in 7(Cond Years) of those years.
Of those 7, EDU went on to exceed the March 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 EDU should exceed 98.740(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 99.135(Average Objective).
- December Eurodollars(CME)
- The EDZ4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 98.270(Prev Close), the market ended March at (Month Close),
that being 75%(Pct Range) off of
98.120(Month Low) to 98.535(Month High).
In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the December Eurodollars(CME) also closed
higher in March than February in 6(Cond Years) of those years.
Of those 6, EDZ went on to exceed the March high within the next 2 months in 6 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the EDZ should exceed 98.535(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 98.964(Average Objective).
- June Swiss Franc(CME)
- The SFM4(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 79.45(Prev Close), the market ended March at (Month Close),
that being 73%(Pct Range) off of
76.64(Month Low) to 80.00(Month High).
In comparing the February/March closes for each of the last 28 years(Total Years), Scenario found that the June Swiss Franc(CME) also closed
lower in March than February in 14(Cond Years) of those years.
Of those 14, SFM went on to penetrate the March low within the next 2 months in 14 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the SFM should penetrate 76.64(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 73.72(Average Objective).
- June Japanese Yen(CME)
- The JYM4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 91.89(Prev Close), the market ended March at (Month Close),
that being 93%(Pct Range) off of
89.30(Month Low) to 96.55(Month High).
In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the June Japanese Yen(CME) also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, JYM went on to exceed the March high within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the JYM should exceed 96.55(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 100.24(Average Objective).
- June US Dollar Index(NYBOT)
- The DXM4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 87.81(Prev Close), the market ended March at (Month Close),
that being 12%(Pct Range) off of
87.62(Month Low) to 90.37(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the June US Dollar Index(NYBOT) also closed
higher in March than February in 9(Cond Years) of those years.
Of those 9, DXM went on to exceed the March 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 DXM should exceed 90.37(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 8 years) a potential move
toward 92.82(Average Objective).
- July Crude Oil(NYM)
- The CLN4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 33.80(Prev Close), the market ended March at (Month Close),
that being 43%(Pct Range) off of
33.40(Month Low) to 36.07(Month High).
In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed
higher in March than February in 13(Cond Years) of those years.
Of those 13, CLN went on to exceed the March 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 CLN should exceed 36.07(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 39.10(Average Objective).
- August Crude Oil(NYM)
- The CLQ4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 33.25(Prev Close), the market ended March at (Month Close),
that being 49%(Pct Range) off of
32.80(Month Low) to 35.38(Month High).
In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed
higher in March than February in 14(Cond Years) of those years.
Of those 14, CLQ went on to exceed the March 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 CLQ should exceed 35.38(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 38.40(Average Objective).
- September Crude Oil(NYM)
- The CLU4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 32.78(Prev Close), the market ended March at (Month Close),
that being 51%(Pct Range) off of
32.35(Month Low) to 34.90(Month High).
In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the September Crude Oil(NYM) also closed
higher in March than February in 14(Cond Years) of those years.
Of those 14, CLU went on to exceed the March 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 CLU should exceed 34.90(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 37.63(Average Objective).
- July Heating Oil(NYM)
- The HON4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 86.94(Prev Close), the market ended March at (Month Close),
that being 49%(Pct Range) off of
85.10(Month Low) to 91.50(Month High).
In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed
higher in March than February in 16(Cond Years) of those years.
Of those 16, HON went on to exceed the March 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 HON should exceed 91.50(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 99.39(Average Objective).
- August Heating Oil(NYM)
- The HOQ4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 86.54(Prev Close), the market ended March at (Month Close),
that being 50%(Pct Range) off of
85.00(Month Low) to 91.10(Month High).
In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed
higher in March than February in 16(Cond Years) of those years.
Of those 16, HOQ went on to exceed the March 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 HOQ should exceed 91.10(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 98.58(Average Objective).
- September Heating Oil(NYM)
- The HOU4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 86.74(Prev Close), the market ended March at (Month Close),
that being 53%(Pct Range) off of
85.20(Month Low) to 91.50(Month High).
In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the September Heating Oil(NYM) also closed
higher in March than February in 15(Cond Years) of those years.
Of those 15, HOU went on to exceed the March high within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the HOU should exceed 91.50(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 98.02(Average Objective).
- July Unleaded Gas(NYM)
- The HUN4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 105.66(Prev Close), the market ended March at (Month Close),
that being 78%(Pct Range) off of
101.90(Month Low) to 110.80(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the July Unleaded Gas(NYM) also closed
higher in March than February in 14(Cond Years) of those years.
Of those 14, HUN went on to exceed the March 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 HUN should exceed 110.80(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 120.15(Average Objective).
- August Unleaded Gas(NYM)
- The HUQ4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 102.61(Prev Close), the market ended March at (Month Close),
that being 66%(Pct Range) off of
100.20(Month Low) to 108.50(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the August Unleaded Gas(NYM) also closed
higher in March than February in 14(Cond Years) of those years.
Of those 14, HUQ went on to exceed the March high within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the HUQ should exceed 108.50(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 116.59(Average Objective).
- September Unleaded Gas(NYM)
- The HUU4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 98.86(Prev Close), the market ended March at (Month Close),
that being 72%(Pct Range) off of
96.40(Month Low) to 103.85(Month High).
In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the September Unleaded Gas(NYM) also closed
higher in March than February in 15(Cond Years) of those years.
Of those 15, HUU went on to exceed the March high within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the HUU should exceed 103.85(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 111.82(Average Objective).
- July Natural Gas(NYM)
- The NGN4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 5.511(Prev Close), the market ended March at (Month Close),
that being 98%(Pct Range) off of
5.380(Month Low) to 6.030(Month High).
In comparing the February/March closes for each of the last 13 years(Total Years), Scenario found that the July Natural Gas(NYM) also closed
higher in March than February in 9(Cond Years) of those years.
Of those 9, NGN went on to exceed the March 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 NGN should exceed 6.030(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 7.029(Average Objective).
- August Natural Gas(NYM)
- The NGQ4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 5.526(Prev Close), the market ended March at (Month Close),
that being 98%(Pct Range) off of
5.410(Month Low) to 6.050(Month High).
In comparing the February/March closes for each of the last 13 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed
higher in March than February in 9(Cond Years) of those years.
Of those 9, NGQ went on to exceed the March high within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NGQ should exceed 6.050(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 7.028(Average Objective).
- September Natural Gas(NYM)
- The NGU4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 5.488(Prev Close), the market ended March at (Month Close),
that being 100%(Pct Range) off of
5.400(Month Low) to 6.003(Month High).
In comparing the February/March closes for each of the last 13 years(Total Years), Scenario found that the September Natural Gas(NYM) also closed
higher in March than February in 9(Cond Years) of those years.
Of those 9, NGU went on to exceed the March 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 NGU should exceed 6.003(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 6.916(Average Objective).
- November Soybeans(CBOT)
- The SX4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 736.00(Prev Close), the market ended March at (Month Close),
that being 32%(Pct Range) off of
723.00(Month Low) to 799.00(Month High).
In comparing the February/March closes for each of the last 44 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed
higher in March than February in 24(Cond Years) of those years.
Of those 24, SX went on to exceed the March high within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the SX should exceed 799.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 837.18(Average Objective).
- July Corn(CBOT)
- The CN4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 305.75(Prev Close), the market ended March at (Month Close),
that being 94%(Pct Range) off of
294.75(Month Low) to 327.50(Month High).
In comparing the February/March closes for each of the last 44 years(Total Years), Scenario found that the July Corn(CBOT) also closed
higher in March than February in 23(Cond Years) of those years.
Of those 23, CN went on to exceed the March 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 CN should exceed 327.50(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 344.13(Average Objective).
- September Corn(CBOT)
- The CU4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 299.00(Prev Close), the market ended March at (Month Close),
that being 93%(Pct Range) off of
288.75(Month Low) to 322.75(Month High).
In comparing the February/March closes for each of the last 44 years(Total Years), Scenario found that the September Corn(CBOT) also closed
higher in March than February in 26(Cond Years) of those years.
Of those 26, CU went on to exceed the March high within the next 2 months in 24 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the CU should exceed 322.75(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 24 years) a potential move
toward 341.13(Average Objective).
- December Corn(CBOT)
- The CZ4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 295.50(Prev Close), the market ended March at (Month Close),
that being 88%(Pct Range) off of
285.50(Month Low) to 322.00(Month High).
In comparing the February/March closes for each of the last 44 years(Total Years), Scenario found that the December Corn(CBOT) also closed
higher in March than February in 25(Cond Years) of those years.
Of those 25, CZ went on to exceed the March high within the next 2 months in 21 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the CZ should exceed 322.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 340.25(Average Objective).
- July Oats(CBOT)
- The ON4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 165.00(Prev Close), the market ended March at (Month Close),
that being 75%(Pct Range) off of
159.00(Month Low) to 185.00(Month High).
In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the July Oats(CBOT) also closed
higher in March than February in 12(Cond Years) of those years.
Of those 12, ON went on to exceed the March high within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the ON should exceed 185.00(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 202.06(Average Objective).
- September Rough Rice(CBOT)
- The RRU4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 8.25(Prev Close), the market ended March at (Month Close),
that being 43%(Pct Range) off of
8.25(Month Low) to 9.42(Month High).
In comparing the February/March closes for each of the last 17 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed
higher in March than February in 8(Cond Years) of those years.
Of those 8, RRU went on to exceed the March 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 9.42(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 7 years) a potential move
toward 10.20(Average Objective).
- August Live Cattle(CME)
- The LCQ4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 73.725(Prev Close), the market ended March at (Month Close),
that being 89%(Pct Range) off of
72.650(Month Low) to 75.400(Month High).
In comparing the February/March closes for each of the last 39 years(Total Years), Scenario found that the August Live Cattle(CME) also closed
higher in March than February in 21(Cond Years) of those years.
Of those 21, LCQ went on to exceed the March 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 LCQ should exceed 75.400(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 80.708(Average Objective).
- October Live Cattle(CME)
- The LCV4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 76.625(Prev Close), the market ended March at (Month Close),
that being 64%(Pct Range) off of
75.075(Month Low) to 77.600(Month High).
In comparing the February/March closes for each of the last 39 years(Total Years), Scenario found that the October Live Cattle(CME) also closed
higher in March than February in 18(Cond Years) of those years.
Of those 18, LCV went on to exceed the March 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 LCV should exceed 77.600(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 80.796(Average Objective).
- May Feeder Cattle(CME)
- The FCK4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 86.575(Prev Close), the market ended March at (Month Close),
that being 66%(Pct Range) off of
84.000(Month Low) to 88.750(Month High).
In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the May Feeder Cattle(CME) also closed
higher in March than February in 15(Cond Years) of those years.
Of those 15, FCK went on to exceed the March high within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the FCK should exceed 88.750(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 92.997(Average Objective).
- August Feeder Cattle(CME)
- The FCQ4(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 88.150(Prev Close), the market ended March at (Month Close),
that being 49%(Pct Range) off of
85.700(Month Low) to 89.500(Month High).
In comparing the February/March closes for each of the last 31 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed
lower in March than February in 16(Cond Years) of those years.
Of those 16, FCQ went on to penetrate the March 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 FCQ should penetrate 85.700(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 80.354(Average Objective).
- June Lean Hogs(CME)
- The LEM4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 66.600(Prev Close), the market ended March at (Month Close),
that being 97%(Pct Range) off of
64.700(Month Low) to 75.000(Month High).
In comparing the February/March closes for each of the last 34 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed
higher in March than February in 21(Cond Years) of those years.
Of those 21, LEM went on to exceed the March high within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the LEM should exceed 75.000(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 82.818(Average Objective).
- July Lean Hogs(CME)
- The LEN4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 62.725(Prev Close), the market ended March at (Month Close),
that being 99%(Pct Range) off of
61.475(Month Low) to 70.750(Month High).
In comparing the February/March closes for each of the last 34 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed
higher in March than February in 20(Cond Years) of those years.
Of those 20, LEN went on to exceed the March high within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the LEN should exceed 70.750(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 77.271(Average Objective).
- August Lean Hogs(CME)
- The LEQ4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 59.625(Prev Close), the market ended March at (Month Close),
that being 99%(Pct Range) off of
58.600(Month Low) to 67.450(Month High).
In comparing the February/March closes for each of the last 34 years(Total Years), Scenario found that the August Lean Hogs(CME) also closed
higher in March than February in 20(Cond Years) of those years.
Of those 20, LEQ went on to exceed the March 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 LEQ should exceed 67.450(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 74.122(Average Objective).
- September Orange Juice(NYBOT)
- The JOU4(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 67.25(Prev Close), the market ended March at (Month Close),
that being 1%(Pct Range) off of
64.85(Month Low) to 69.15(Month High).
In comparing the February/March closes for each of the last 36 years(Total Years), Scenario found that the September Orange Juice(NYBOT) also closed
lower in March than February in 16(Cond Years) of those years.
Of those 16, JOU went on to penetrate the March 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 JOU should penetrate 64.85(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 60.77(Average Objective).
- July Coffee "C"(NYBOT)
- The KCN4(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 78.70(Prev Close), the market ended March at (Month Close),
that being 35%(Pct Range) off of
73.10(Month Low) to 81.40(Month High).
In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the July Coffee "C"(NYBOT) also closed
lower in March than February in 11(Cond Years) of those years.
Of those 11, KCN went on to penetrate the March low within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the KCN should penetrate 73.10(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 67.39(Average Objective).
- October Sugar #11(NYBOT)
- The SBV4(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 6.10(Prev Close), the market ended March at (Month Close),
that being 54%(Pct Range) off of
6.02(Month Low) to 7.14(Month High).
In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the October Sugar #11(NYBOT) also closed
higher in March than February in 18(Cond Years) of those years.
Of those 18, SBV went on to exceed the March 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 SBV should exceed 7.14(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 7.78(Average Objective).
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