MRCI's Scenario Summary

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MRCI's Scenario^SM Summary


MRCI's Scenario^SM Summary

Copyright © 2004 Moore Research Center, Inc. All Rights Reserved.

Some data provided by Prophetfinance.com

Scenario^SM Summary Apr 30, 2004

Historical Data Scenario Data Current Market Data

Mkt
Cond
Month Prev
Close Month
High Month
Low Month
Close Pct
Range Total
Years Cond
Years Action
Years
Pct Scenario
Objective Average
Objective Last
Price

#COMPX Lower Apr 1994.20 2079.10 1946.10 1958.80 10% 8 2 2 100% Yes 1583.28 1958.80

#SSNI Higher Apr 11715 12196 11624 12004 66% 22 14 14 100% Yes 12705 12004

NDM4 Lower Apr 1441.50 1511.00 1400.00 1403.00 3% 7 2 2 100% 1400.00 1151.19 1403.00

NDU4 Lower Apr 1444.00 1511.50 1403.50 1405.50 2% 7 2 2 100% 1403.50 1080.41 1405.50

USU4 Lower Apr 112~21 112~20 104~30 105~23 10% 26 14 12 86% 104~30 100~30 105~23

TYM4 Lower Apr 115~130 115~160 109~310 110~160 10% 21 10 9 90% 109~310 106~309 110~160

EDU4 Lower Apr 98.675 98.680 98.225 98.265 9% 22 8 8 100% 98.225 97.800 98.265

EDZ4 Lower Apr 98.430 98.425 97.750 97.800 7% 22 9 8 89% 97.750 97.247 97.800

BPM4 Lower Apr 183.16 184.90 175.39 177.24 19% 28 12 11 92% 175.39 169.08 177.24

BPU4 Lower Apr 181.61 182.75 174.40 175.75 16% 29 14 14 100% 174.40 165.85 175.75

CDM4 Lower Apr 76.11 76.56 72.38 72.84 11% 27 10 9 90% 72.38 71.53 72.84

CDU4 Lower Apr 75.96 76.28 72.35 72.72 9% 27 10 9 90% 72.35 71.35 72.72

ADM4 Lower Apr 75.89 76.35 70.87 71.84 18% 17 6 6 100% 70.87 68.38 71.84

ADU4 Lower Apr 75.11 75.50 70.50 71.08 12% 17 6 6 100% 70.50 67.94 71.08

CLQ4 Higher Apr 34.07 37.40 32.00 36.71 87% 21 13 11 85% 37.40 40.29 36.71

CLU4 Higher Apr 33.65 36.80 31.80 36.24 89% 21 14 12 86% 36.80 39.26 36.24

CLV4 Higher Apr 33.29 36.25 31.80 35.82 90% 21 14 12 86% 36.25 38.48 35.82

NGQ4 Lower Apr 6.038 6.175 5.700 5.994 62% 13 4 4 100% 5.700 4.647 5.994

NGU4 Lower Apr 6.003 6.140 5.670 5.979 66% 13 4 4 100% 5.670 4.718 5.979

CN4 Lower Apr 325.50 342.00 303.00 320.25 44% 44 27 24 89% 303.00 280.31 320.25

CU4 Lower Apr 320.25 341.00 300.25 318.75 45% 44 26 23 88% 300.25 276.72 318.75

CZ4 Lower Apr 317.75 341.50 297.50 317.25 45% 44 25 22 88% 297.50 275.00 317.25

WN4 Lower Apr 415.75 430.50 375.00 390.00 27% 44 23 20 87% 375.00 348.37 390.00

KWN4 Lower Apr 417.50 434.75 383.00 400.25 33% 27 13 12 92% 383.00 365.39 400.25

MWU4 Lower Apr 435.75 453.00 410.00 424.00 33% 23 8 7 88% 410.00 394.56 424.00

LEM4 Lower Apr 74.650 76.475 69.900 74.075 63% 34 13 11 85% 69.900 65.478 74.075

LEN4 Higher Apr 70.625 74.900 68.900 74.850 99% 34 23 20 87% 74.900 80.663 74.850

KCN4 Lower Apr 76.00 76.60 69.05 69.10 1% 30 14 12 86% 69.05 58.94 69.10

KCU4 Lower Apr 78.05 78.60 71.35 71.40 1% 30 14 13 93% 71.35 62.12 71.40

LBU4 Higher Apr 357.1 389.5 358.0 388.7 97% 31 11 10 91% 389.5 439.6 388.7

NASDAQ Composite Index: The #COMPX(Mkt) ended Lower(Cond) for April(Month). Compared to March's 1994.20(Prev Close), the market ended April at (Month Close), that being 10%(Pct Range) off of 1946.10(Month Low) to 2079.10(Month High).

In comparing the March/April closes for each of the last 8 years(Total Years), Scenario found that the NASDAQ Composite Index also closed lower in April than March in 2(Cond Years) of those years. Of those 2, the #COMPX went on to penetrate the April 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 the #COMPX should penetrate 1946.10(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 2 years) a potential move toward 1583.28(Average Objective).
Nikkei 225 Index: The #SSNI(Mkt) ended Higher(Cond) for April(Month). Compared to March's 11715(Prev Close), the market ended April at (Month Close), that being 66%(Pct Range) off of 11624(Month Low) to 12196(Month High).

In comparing the March/April closes for each of the last 22 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in April than March in 14(Cond Years) of those years. Of those 14, the #SSNI went on to exceed the April high within the next 2 months in 14 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #SSNI should exceed 12196(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 12705(Average Objective).
June NASDAQ 100(CME): The NDM4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 1441.50(Prev Close), the market ended April at (Month Close), that being 3%(Pct Range) off of 1400.00(Month Low) to 1511.00(Month High).

In comparing the March/April closes for each of the last 7 years(Total Years), Scenario found that the June NASDAQ 100(CME) also closed lower in April than March in 2(Cond Years) of those years. Of those 2, NDM went on to penetrate the April 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 1400.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 2 years) a potential move toward 1151.19(Average Objective).
September NASDAQ 100(CME): The NDU4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 1444.00(Prev Close), the market ended April at (Month Close), that being 2%(Pct Range) off of 1403.50(Month Low) to 1511.50(Month High).

In comparing the March/April closes for each of the last 7 years(Total Years), Scenario found that the September NASDAQ 100(CME) also closed lower in April than March in 2(Cond Years) of those years. Of those 2, NDU went on to penetrate the April 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 NDU should penetrate 1403.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 2 years) a potential move toward 1080.41(Average Objective).
September 30-Year T-Bonds(CBOT): The USU4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 112~21(Prev Close), the market ended April at (Month Close), that being 10%(Pct Range) off of 104~30(Month Low) to 112~20(Month High).

In comparing the March/April closes for each of the last 26 years(Total Years), Scenario found that the September 30-Year T-Bonds(CBOT) also closed lower in April than March in 14(Cond Years) of those years. Of those 14, USU went on to penetrate the April low within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the USU should penetrate 104~30(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 100~30(Average Objective).
June 10-Year T-Notes(CBOT): The TYM4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 115~130(Prev Close), the market ended April at (Month Close), that being 10%(Pct Range) off of 109~310(Month Low) to 115~160(Month High).

In comparing the March/April closes for each of the last 21 years(Total Years), Scenario found that the June 10-Year T-Notes(CBOT) also closed lower in April than March in 10(Cond Years) of those years. Of those 10, TYM went on to penetrate the April low within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the TYM should penetrate 109~310(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 106~309(Average Objective).
September Eurodollars(CME): The EDU4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 98.675(Prev Close), the market ended April at (Month Close), that being 9%(Pct Range) off of 98.225(Month Low) to 98.680(Month High).

In comparing the March/April closes for each of the last 22 years(Total Years), Scenario found that the September Eurodollars(CME) also closed lower in April than March in 8(Cond Years) of those years. Of those 8, EDU went on to penetrate the April low within the next 2 months in 8 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the EDU should penetrate 98.225(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 97.800(Average Objective).
December Eurodollars(CME): The EDZ4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 98.430(Prev Close), the market ended April at (Month Close), that being 7%(Pct Range) off of 97.750(Month Low) to 98.425(Month High).

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

Therefore, the historical odds are high that the EDZ should penetrate 97.750(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 8 years) a potential move toward 97.247(Average Objective).
June British Pound(CME): The BPM4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 183.16(Prev Close), the market ended April at (Month Close), that being 19%(Pct Range) off of 175.39(Month Low) to 184.90(Month High).

In comparing the March/April closes for each of the last 28 years(Total Years), Scenario found that the June British Pound(CME) also closed lower in April than March in 12(Cond Years) of those years. Of those 12, BPM went on to penetrate the April low within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the BPM should penetrate 175.39(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 169.08(Average Objective).
September British Pound(CME): The BPU4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 181.61(Prev Close), the market ended April at (Month Close), that being 16%(Pct Range) off of 174.40(Month Low) to 182.75(Month High).

In comparing the March/April closes for each of the last 29 years(Total Years), Scenario found that the September British Pound(CME) also closed lower in April than March in 14(Cond Years) of those years. Of those 14, BPU went on to penetrate the April 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 BPU should penetrate 174.40(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 165.85(Average Objective).
June Canadian Dollar(CME): The CDM4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 76.11(Prev Close), the market ended April at (Month Close), that being 11%(Pct Range) off of 72.38(Month Low) to 76.56(Month High).

In comparing the March/April closes for each of the last 27 years(Total Years), Scenario found that the June Canadian Dollar(CME) also closed lower in April than March in 10(Cond Years) of those years. Of those 10, CDM went on to penetrate the April low within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the CDM should penetrate 72.38(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 71.53(Average Objective).
September Canadian Dollar(CME): The CDU4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 75.96(Prev Close), the market ended April at (Month Close), that being 9%(Pct Range) off of 72.35(Month Low) to 76.28(Month High).

In comparing the March/April closes for each of the last 27 years(Total Years), Scenario found that the September Canadian Dollar(CME) also closed lower in April than March in 10(Cond Years) of those years. Of those 10, CDU went on to penetrate the April low within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the CDU should penetrate 72.35(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 71.35(Average Objective).
June Australian Dollar(CME): The ADM4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 75.89(Prev Close), the market ended April at (Month Close), that being 18%(Pct Range) off of 70.87(Month Low) to 76.35(Month High).

In comparing the March/April closes for each of the last 17 years(Total Years), Scenario found that the June Australian Dollar(CME) also closed lower in April than March in 6(Cond Years) of those years. Of those 6, ADM went on to penetrate the April low within the next 2 months in 6 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the ADM should penetrate 70.87(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 68.38(Average Objective).
September Australian Dollar(CME): The ADU4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 75.11(Prev Close), the market ended April at (Month Close), that being 12%(Pct Range) off of 70.50(Month Low) to 75.50(Month High).

In comparing the March/April closes for each of the last 17 years(Total Years), Scenario found that the September Australian Dollar(CME) also closed lower in April than March in 6(Cond Years) of those years. Of those 6, ADU went on to penetrate the April low within the next 2 months in 6 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the ADU should penetrate 70.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 6 years) a potential move toward 67.94(Average Objective).
August Crude Oil(NYM): The CLQ4(Mkt) ended Higher(Cond) for April(Month). Compared to March's 34.07(Prev Close), the market ended April at (Month Close), that being 87%(Pct Range) off of 32.00(Month Low) to 37.40(Month High).

In comparing the March/April closes for each of the last 21 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed higher in April than March in 13(Cond Years) of those years. Of those 13, CLQ went on to exceed the April high within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the CLQ should exceed 37.40(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 40.29(Average Objective).
September Crude Oil(NYM): The CLU4(Mkt) ended Higher(Cond) for April(Month). Compared to March's 33.65(Prev Close), the market ended April at (Month Close), that being 89%(Pct Range) off of 31.80(Month Low) to 36.80(Month High).

In comparing the March/April closes for each of the last 21 years(Total Years), Scenario found that the September Crude Oil(NYM) also closed higher in April than March in 14(Cond Years) of those years. Of those 14, CLU went on to exceed the April high within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the CLU should exceed 36.80(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 39.26(Average Objective).
October Crude Oil(NYM): The CLV4(Mkt) ended Higher(Cond) for April(Month). Compared to March's 33.29(Prev Close), the market ended April at (Month Close), that being 90%(Pct Range) off of 31.80(Month Low) to 36.25(Month High).

In comparing the March/April closes for each of the last 21 years(Total Years), Scenario found that the October Crude Oil(NYM) also closed higher in April than March in 14(Cond Years) of those years. Of those 14, CLV went on to exceed the April high within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the CLV should exceed 36.25(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 38.48(Average Objective).
August Natural Gas(NYM): The NGQ4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 6.038(Prev Close), the market ended April at (Month Close), that being 62%(Pct Range) off of 5.700(Month Low) to 6.175(Month High).

In comparing the March/April closes for each of the last 13 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed lower in April than March in 4(Cond Years) of those years. Of those 4, NGQ went on to penetrate the April 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 NGQ should penetrate 5.700(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 4 years) a potential move toward 4.647(Average Objective).
September Natural Gas(NYM): The NGU4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 6.003(Prev Close), the market ended April at (Month Close), that being 66%(Pct Range) off of 5.670(Month Low) to 6.140(Month High).

In comparing the March/April closes for each of the last 13 years(Total Years), Scenario found that the September Natural Gas(NYM) also closed lower in April than March in 4(Cond Years) of those years. Of those 4, NGU went on to penetrate the April 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 NGU should penetrate 5.670(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 4 years) a potential move toward 4.718(Average Objective).
July Corn(CBOT): The CN4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 325.50(Prev Close), the market ended April at (Month Close), that being 44%(Pct Range) off of 303.00(Month Low) to 342.00(Month High).

In comparing the March/April closes for each of the last 44 years(Total Years), Scenario found that the July Corn(CBOT) also closed lower in April than March in 27(Cond Years) of those years. Of those 27, CN went on to penetrate the April low within the next 2 months in 24 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the CN should penetrate 303.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 280.31(Average Objective).
September Corn(CBOT): The CU4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 320.25(Prev Close), the market ended April at (Month Close), that being 45%(Pct Range) off of 300.25(Month Low) to 341.00(Month High).

In comparing the March/April closes for each of the last 44 years(Total Years), Scenario found that the September Corn(CBOT) also closed lower in April than March in 26(Cond Years) of those years. Of those 26, CU went on to penetrate the April low within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CU should penetrate 300.25(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 276.72(Average Objective).
December Corn(CBOT): The CZ4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 317.75(Prev Close), the market ended April at (Month Close), that being 45%(Pct Range) off of 297.50(Month Low) to 341.50(Month High).

In comparing the March/April closes for each of the last 44 years(Total Years), Scenario found that the December Corn(CBOT) also closed lower in April than March in 25(Cond Years) of those years. Of those 25, CZ went on to penetrate the April low within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CZ should penetrate 297.50(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 275.00(Average Objective).
July Wheat(CBOT): The WN4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 415.75(Prev Close), the market ended April at (Month Close), that being 27%(Pct Range) off of 375.00(Month Low) to 430.50(Month High).

In comparing the March/April closes for each of the last 44 years(Total Years), Scenario found that the July Wheat(CBOT) also closed lower in April than March in 23(Cond Years) of those years. Of those 23, WN went on to penetrate the April low within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the WN should penetrate 375.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 348.37(Average Objective).
July Wheat(KCBT): The KWN4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 417.50(Prev Close), the market ended April at (Month Close), that being 33%(Pct Range) off of 383.00(Month Low) to 434.75(Month High).

In comparing the March/April closes for each of the last 27 years(Total Years), Scenario found that the July Wheat(KCBT) also closed lower in April than March in 13(Cond Years) of those years. Of those 13, KWN went on to penetrate the April 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 KWN should penetrate 383.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 365.39(Average Objective).
September Wheat(MGE): The MWU4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 435.75(Prev Close), the market ended April at (Month Close), that being 33%(Pct Range) off of 410.00(Month Low) to 453.00(Month High).

In comparing the March/April closes for each of the last 23 years(Total Years), Scenario found that the September Wheat(MGE) also closed lower in April than March in 8(Cond Years) of those years. Of those 8, MWU went on to penetrate the April low within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the MWU should penetrate 410.00(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 394.56(Average Objective).
June Lean Hogs(CME): The LEM4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 74.650(Prev Close), the market ended April at (Month Close), that being 63%(Pct Range) off of 69.900(Month Low) to 76.475(Month High).

In comparing the March/April closes for each of the last 34 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed lower in April than March in 13(Cond Years) of those years. Of those 13, LEM went on to penetrate the April low within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the LEM should penetrate 69.900(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 11 years) a potential move toward 65.478(Average Objective).
July Lean Hogs(CME): The LEN4(Mkt) ended Higher(Cond) for April(Month). Compared to March's 70.625(Prev Close), the market ended April at (Month Close), that being 99%(Pct Range) off of 68.900(Month Low) to 74.900(Month High).

In comparing the March/April closes for each of the last 34 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed higher in April than March in 23(Cond Years) of those years. Of those 23, LEN went on to exceed the April 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 LEN should exceed 74.900(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 80.663(Average Objective).
July Coffee "C"(NYBOT): The KCN4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 76.00(Prev Close), the market ended April at (Month Close), that being 1%(Pct Range) off of 69.05(Month Low) to 76.60(Month High).

In comparing the March/April closes for each of the last 30 years(Total Years), Scenario found that the July Coffee "C"(NYBOT) also closed lower in April than March in 14(Cond Years) of those years. Of those 14, KCN went on to penetrate the April low within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the KCN should penetrate 69.05(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 58.94(Average Objective).
September Coffee "C"(NYBOT): The KCU4(Mkt) ended Lower(Cond) for April(Month). Compared to March's 78.05(Prev Close), the market ended April at (Month Close), that being 1%(Pct Range) off of 71.35(Month Low) to 78.60(Month High).

In comparing the March/April closes for each of the last 30 years(Total Years), Scenario found that the September Coffee "C"(NYBOT) also closed lower in April than March in 14(Cond Years) of those years. Of those 14, KCU went on to penetrate the April 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 KCU should penetrate 71.35(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 62.12(Average Objective).
September Lumber(CME): The LBU4(Mkt) ended Higher(Cond) for April(Month). Compared to March's 357.1(Prev Close), the market ended April at (Month Close), that being 97%(Pct Range) off of 358.0(Month Low) to 389.5(Month High).

In comparing the March/April closes for each of the last 31 years(Total Years), Scenario found that the September Lumber(CME) also closed higher in April than March in 11(Cond Years) of those years. Of those 11, LBU went on to exceed the April high within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the LBU should exceed 389.5(Scenario Objective) by no later than the end of June. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 439.6(Average Objective).