- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 10490.00(Prev Close), the market ended February at (Month Close),
that being 76%(Pct Range) off of
10490.00(Month Low) to 10853.00(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 22 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 10853.00(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 11465.63(Average Objective).
- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 3598.50(Prev Close), the market ended February at (Month Close),
that being 81%(Pct Range) off of
3539.70(Month Low) to 3771.20(Month High).
In comparing the January/February closes for each of the last 35 years(Total Years), Scenario found that the Dow Jones Transportation also closed
higher in February than January in 21(Cond Years) of those years.
Of those 21, the #TRAN went on to exceed the February high within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the the #TRAN should exceed 3771.20(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 4033.13(Average Objective).
- Dow Jones Utilities
- The #UTIL(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 343.50(Prev Close), the market ended February at (Month Close),
that being 66%(Pct Range) off of
342.48(Month Low) to 358.20(Month High).
In comparing the January/February closes for each of the last 35 years(Total Years), Scenario found that the Dow Jones Utilities also closed
higher in February than January in 11(Cond Years) of those years.
Of those 11, the #UTIL 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 #UTIL should exceed 358.20(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 371.39(Average Objective).
- NASDAQ 100 Index
- The #NDX(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 1519.60(Prev Close), the market ended February at (Month Close),
that being 29%(Pct Range) off of
1490.00(Month Low) to 1561.20(Month High).
In comparing the January/February closes for each of the last 19 years(Total Years), Scenario found that the NASDAQ 100 Index also closed
lower in February than January in 8(Cond Years) of those years.
Of those 8, the #NDX went on to penetrate the February 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 the #NDX should penetrate 1490.00(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 1366.36(Average Objective).
- Russell 2000 Index
- The #RUT(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 624.00(Prev Close), the market ended February at (Month Close),
that being 72%(Pct Range) off of
616.90(Month Low) to 640.60(Month High).
In comparing the January/February closes for each of the last 26 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, the #RUT went on to exceed the February high within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.
Therefore, the historical odds are high that the the #RUT should exceed 640.60(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 685.53(Average Objective).
- S & P Midcap 400 Index
- The #MID(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 645.95(Prev Close), the market ended February at (Month Close),
that being 84%(Pct Range) off of
645.65(Month Low) to 670.80(Month High).
In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, the #MID 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 the #MID should exceed 670.80(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 710.26(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 1730.80(Prev Close), the market ended February at (Month Close),
that being 71%(Pct Range) off of
1729.20(Month Low) to 1780.30(Month High).
In comparing the January/February closes for each of the last 22 years(Total Years), Scenario found that the Value Line Index also closed
higher in February than January in 14(Cond Years) of those years.
Of those 14, the #VLE 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 #VLE should exceed 1780.30(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 1871.63(Average Objective).
- June NASDAQ 100(CME)
- The NDM5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 1534.50(Prev Close), the market ended February at (Month Close),
that being 29%(Pct Range) off of
1505.00(Month Low) to 1566.00(Month High).
In comparing the January/February closes for each of the last 8 years(Total Years), Scenario found that the June NASDAQ 100(CME) also closed
lower in February than January in 5(Cond Years) of those years.
Of those 5, NDM went on to penetrate the February 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 NDM should penetrate 1505.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 1397.75(Average Objective).
- June 30-Year T-Bonds(CBOT)
- The USM5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 114~03(Prev Close), the market ended February at (Month Close),
that being 7%(Pct Range) off of
112~00(Month Low) to 116~21(Month High).
In comparing the January/February closes for each of the last 27 years(Total Years), Scenario found that the June 30-Year T-Bonds(CBOT) also closed
lower in February than January in 14(Cond Years) of those years.
Of those 14, USM 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 USM should penetrate 112~00(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 108~15(Average Objective).
- June 10-Year T-Notes(CBOT)
- The TYM5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 111~125(Prev Close), the market ended February at (Month Close),
that being 8%(Pct Range) off of
109~205(Month Low) to 112~160(Month High).
In comparing the January/February closes for each of the last 22 years(Total Years), Scenario found that the June 10-Year T-Notes(CBOT) also closed
lower in February than January in 10(Cond Years) of those years.
Of those 10, TYM went on to penetrate the February low within the next 2 months in 10 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the TYM should penetrate 109~205(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 107~077(Average Objective).
- June Eurodollars(CME)
- The EDM5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 96.730(Prev Close), the market ended February at (Month Close),
that being 4%(Pct Range) off of
96.535(Month Low) to 96.770(Month High).
In comparing the January/February closes for each of the last 22 years(Total Years), Scenario found that the June Eurodollars(CME) also closed
lower in February than January in 11(Cond Years) of those years.
Of those 11, EDM went on to penetrate the February low within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the EDM should penetrate 96.535(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 96.090(Average Objective).
- September Eurodollars(CME)
- The EDU5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 96.490(Prev Close), the market ended February at (Month Close),
that being 4%(Pct Range) off of
96.175(Month Low) to 96.530(Month High).
In comparing the January/February closes for each of the last 22 years(Total Years), Scenario found that the September Eurodollars(CME) also closed
lower in February than January in 10(Cond Years) of those years.
Of those 10, EDU went on to penetrate the February low within the next 2 months in 10 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the EDU should penetrate 96.175(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 95.609(Average Objective).
- December Eurodollars(CME)
- The EDZ5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 96.305(Prev Close), the market ended February at (Month Close),
that being 5%(Pct Range) off of
95.955(Month Low) to 96.370(Month High).
In comparing the January/February closes for each of the last 22 years(Total Years), Scenario found that the December Eurodollars(CME) also closed
lower in February than January in 9(Cond Years) of those years.
Of those 9, EDZ went on to penetrate the February low within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the EDZ should penetrate 95.955(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 95.325(Average Objective).
- June Canadian Dollar(CME)
- The CDM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 80.68(Prev Close), the market ended February at (Month Close),
that being 73%(Pct Range) off of
79.56(Month Low) to 81.78(Month High).
In comparing the January/February closes for each of the last 28 years(Total Years), Scenario found that the June Canadian Dollar(CME) also closed
higher in February than January in 10(Cond Years) of those years.
Of those 10, CDM 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 CDM should exceed 81.78(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 83.40(Average Objective).
- May Copper(CMX)
- The HGK5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 141.00(Prev Close), the market ended February at (Month Close),
that being 97%(Pct Range) off of
134.40(Month Low) to 150.30(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the May Copper(CMX) also closed
higher in February than January in 24(Cond Years) of those years.
Of those 24, HGK 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 HGK should exceed 150.30(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 166.45(Average Objective).
- July Copper(CMX)
- The HGN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 137.50(Prev Close), the market ended February at (Month Close),
that being 98%(Pct Range) off of
132.50(Month Low) to 146.50(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Copper(CMX) also closed
higher in February than January in 25(Cond Years) of those years.
Of those 25, HGN went on to exceed the February high within the next 2 months in 24 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the HGN should exceed 146.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 24 years) a potential move
toward 161.09(Average Objective).
- July Crude Oil(NYM)
- The CLN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 48.10(Prev Close), the market ended February at (Month Close),
that being 100%(Pct Range) off of
45.75(Month Low) to 52.38(Month High).
In comparing the January/February closes for each of the last 21 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed
higher in February than January in 12(Cond Years) of those years.
Of those 12, CLN 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 CLN should exceed 52.38(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 57.84(Average Objective).
- August Crude Oil(NYM)
- The CLQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 47.76(Prev Close), the market ended February at (Month Close),
that being 100%(Pct Range) off of
45.55(Month Low) to 52.03(Month High).
In comparing the January/February closes for each of the last 21 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed
higher in February than January in 12(Cond Years) of those years.
Of those 12, CLQ 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 CLQ should exceed 52.03(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 57.04(Average Objective).
- June Heating Oil(NYM)
- The HOM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 126.86(Prev Close), the market ended February at (Month Close),
that being 98%(Pct Range) off of
118.40(Month Low) to 137.75(Month High).
In comparing the January/February closes for each of the last 25 years(Total Years), Scenario found that the June Heating Oil(NYM) also closed
higher in February than January in 10(Cond Years) of those years.
Of those 10, HOM 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 HOM should exceed 137.75(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 151.89(Average Objective).
- July Heating Oil(NYM)
- The HON5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 126.51(Prev Close), the market ended February at (Month Close),
that being 100%(Pct Range) off of
119.20(Month Low) to 136.52(Month High).
In comparing the January/February closes for each of the last 25 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed
higher in February than January in 10(Cond Years) of those years.
Of those 10, HON 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 HON should exceed 136.52(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 148.98(Average Objective).
- August Heating Oil(NYM)
- The HOQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 126.66(Prev Close), the market ended February at (Month Close),
that being 100%(Pct Range) off of
119.95(Month Low) to 136.82(Month High).
In comparing the January/February closes for each of the last 23 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed
higher in February than January in 9(Cond Years) of those years.
Of those 9, HOQ 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 HOQ should exceed 136.82(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 150.34(Average Objective).
- June Unleaded Gas(NYM)
- The HUM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 141.60(Prev Close), the market ended February at (Month Close),
that being 88%(Pct Range) off of
131.30(Month Low) to 147.50(Month High).
In comparing the January/February closes for each of the last 19 years(Total Years), Scenario found that the June Unleaded Gas(NYM) also closed
higher in February than January in 8(Cond Years) of those years.
Of those 8, HUM went on to exceed the February high within the next 2 months in 8 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the HUM should exceed 147.50(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 171.92(Average Objective).
- July Unleaded Gas(NYM)
- The HUN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 140.00(Prev Close), the market ended February at (Month Close),
that being 93%(Pct Range) off of
121.25(Month Low) to 146.90(Month High).
In comparing the January/February closes for each of the last 19 years(Total Years), Scenario found that the July Unleaded Gas(NYM) also closed
higher in February than January in 8(Cond Years) of those years.
Of those 8, HUN went on to exceed the February high within the next 2 months in 8 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the HUN should exceed 146.90(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 169.46(Average Objective).
- August Unleaded Gas(NYM)
- The HUQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 137.45(Prev Close), the market ended February at (Month Close),
that being 99%(Pct Range) off of
119.35(Month Low) to 143.60(Month High).
In comparing the January/February closes for each of the last 19 years(Total Years), Scenario found that the August Unleaded Gas(NYM) also closed
higher in February than January in 10(Cond Years) of those years.
Of those 10, HUQ went on to exceed the February high within the next 2 months in 10 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the HUQ should exceed 143.60(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 160.28(Average Objective).
- August Natural Gas(NYM)
- The NGQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 6.507(Prev Close), the market ended February at (Month Close),
that being 97%(Pct Range) off of
6.240(Month Low) to 6.980(Month High).
In comparing the January/February closes for each of the last 14 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed
higher in February than January in 11(Cond Years) of those years.
Of those 11, NGQ 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 NGQ should exceed 6.980(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 7.980(Average Objective).
- May Soybeans(CBOT)
- The SK5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 512.50(Prev Close), the market ended February at (Month Close),
that being 98%(Pct Range) off of
501.00(Month Low) to 624.00(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the May Soybeans(CBOT) also closed
higher in February than January in 20(Cond Years) of those years.
Of those 20, SK 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 SK should exceed 624.00(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 683.88(Average Objective).
- July Soybeans(CBOT)
- The SN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 517.50(Prev Close), the market ended February at (Month Close),
that being 99%(Pct Range) off of
506.00(Month Low) to 626.50(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Soybeans(CBOT) also closed
higher in February than January in 22(Cond Years) of those years.
Of those 22, SN went on to exceed the February high within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the SN should exceed 626.50(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 681.03(Average Objective).
- August Soybeans(CBOT)
- The SQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 520.00(Prev Close), the market ended February at (Month Close),
that being 99%(Pct Range) off of
509.00(Month Low) to 626.00(Month High).
In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the August Soybeans(CBOT) also closed
higher in February than January in 21(Cond Years) of those years.
Of those 21, SQ 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 SQ should exceed 626.00(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 680.51(Average Objective).
- November Soybeans(CBOT)
- The SX5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 531.00(Prev Close), the market ended February at (Month Close),
that being 99%(Pct Range) off of
519.50(Month Low) to 620.00(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed
higher in February than January in 24(Cond Years) of those years.
Of those 24, SX went on to exceed the February 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 620.00(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 656.55(Average Objective).
- May Soybean Oil(CBOT)
- The BOK5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 19.50(Prev Close), the market ended February at (Month Close),
that being 97%(Pct Range) off of
19.01(Month Low) to 23.47(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the May Soybean Oil(CBOT) also closed
higher in February than January in 26(Cond Years) of those years.
Of those 26, BOK went on to exceed the February high within the next 2 months in 22 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the BOK should exceed 23.47(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 25.73(Average Objective).
- July Soybean Oil(CBOT)
- The BON5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 19.67(Prev Close), the market ended February at (Month Close),
that being 96%(Pct Range) off of
19.17(Month Low) to 23.60(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed
higher in February than January in 26(Cond Years) of those years.
Of those 26, BON went on to exceed the February high within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the BON should exceed 23.60(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 25.84(Average Objective).
- August Soybean Oil(CBOT)
- The BOQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 19.72(Prev Close), the market ended February at (Month Close),
that being 96%(Pct Range) off of
19.26(Month Low) to 23.50(Month High).
In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed
higher in February than January in 25(Cond Years) of those years.
Of those 25, BOQ 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 BOQ should exceed 23.50(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 25.71(Average Objective).
- May Soybean Meal(CBOT)
- The SMK5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 153.00(Prev Close), the market ended February at (Month Close),
that being 97%(Pct Range) off of
149.20(Month Low) to 185.20(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the May Soybean Meal(CBOT) also closed
higher in February than January in 18(Cond Years) of those years.
Of those 18, SMK went on to exceed the February high within the next 2 months in 17 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the SMK should exceed 185.20(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 205.95(Average Objective).
- July Soybean Meal(CBOT)
- The SMN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 155.30(Prev Close), the market ended February at (Month Close),
that being 95%(Pct Range) off of
152.00(Month Low) to 187.50(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Soybean Meal(CBOT) also closed
higher in February than January in 18(Cond Years) of those years.
Of those 18, SMN went on to exceed the February high within the next 2 months in 17 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the SMN should exceed 187.50(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 206.49(Average Objective).
- August Soybean Meal(CBOT)
- The SMQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 156.60(Prev Close), the market ended February at (Month Close),
that being 95%(Pct Range) off of
153.50(Month Low) to 188.80(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the August Soybean Meal(CBOT) also closed
higher in February than January in 20(Cond Years) of those years.
Of those 20, SMQ 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 SMQ should exceed 188.80(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 206.81(Average Objective).
- May Wheat(MGE)
- The MWK5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 331.25(Prev Close), the market ended February at (Month Close),
that being 95%(Pct Range) off of
326.50(Month Low) to 367.00(Month High).
In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the May Wheat(MGE) also closed
higher in February than January in 7(Cond Years) of those years.
Of those 7, MWK went on to exceed the February high within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the MWK should exceed 367.00(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 404.16(Average Objective).
- July Wheat(MGE)
- The MWN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 329.00(Prev Close), the market ended February at (Month Close),
that being 96%(Pct Range) off of
326.50(Month Low) to 369.75(Month High).
In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the July Wheat(MGE) also closed
higher in February than January in 7(Cond Years) of those years.
Of those 7, MWN went on to exceed the February high within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the MWN should exceed 369.75(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 408.19(Average Objective).
- August Feeder Cattle(CME)
- The FCQ5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 100.575(Prev Close), the market ended February at (Month Close),
that being 36%(Pct Range) off of
98.550(Month Low) to 101.475(Month High).
In comparing the January/February closes for each of the last 32 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed
lower in February than January in 14(Cond Years) of those years.
Of those 14, FCQ went on to penetrate the February 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 FCQ should penetrate 98.550(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 93.661(Average Objective).
- September Feeder Cattle(CME)
- The FCU5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 100.250(Prev Close), the market ended February at (Month Close),
that being 42%(Pct Range) off of
98.250(Month Low) to 101.100(Month High).
In comparing the January/February closes for each of the last 32 years(Total Years), Scenario found that the September Feeder Cattle(CME) also closed
lower in February than January in 14(Cond Years) of those years.
Of those 14, FCU 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 FCU should penetrate 98.250(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 93.618(Average Objective).
- June Lean Hogs(CME)
- The LEM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 78.350(Prev Close), the market ended February at (Month Close),
that being 95%(Pct Range) off of
75.500(Month Low) to 79.500(Month High).
In comparing the January/February closes for each of the last 35 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed
higher in February than January in 16(Cond Years) of those years.
Of those 16, LEM went on to exceed the February 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 LEM should exceed 79.500(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 86.969(Average Objective).
- July Lean Hogs(CME)
- The LEN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 74.625(Prev Close), the market ended February at (Month Close),
that being 94%(Pct Range) off of
72.025(Month Low) to 75.850(Month High).
In comparing the January/February closes for each of the last 35 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, LEN went on to exceed the February high within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.
Therefore, the historical odds are high that the LEN should exceed 75.850(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 83.294(Average Objective).
- July Orange Juice(NYBOT)
- The JON5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 85.30(Prev Close), the market ended February at (Month Close),
that being 81%(Pct Range) off of
83.70(Month Low) to 91.50(Month High).
In comparing the January/February closes for each of the last 37 years(Total Years), Scenario found that the July Orange Juice(NYBOT) also closed
higher in February than January in 14(Cond Years) of those years.
Of those 14, JON 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 JON should exceed 91.50(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 98.51(Average Objective).
- October Sugar #11(NYBOT)
- The SBV5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 9.16(Prev Close), the market ended February at (Month Close),
that being 94%(Pct Range) off of
8.92(Month Low) to 9.24(Month High).
In comparing the January/February closes for each of the last 41 years(Total Years), Scenario found that the October Sugar #11(NYBOT) also closed
higher in February than January in 19(Cond Years) of those years.
Of those 19, SBV went on to exceed the February high within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the SBV should exceed 9.24(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 10.43(Average Objective).
- May Cotton(NYBOT)
- The CTK5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 45.00(Prev Close), the market ended February at (Month Close),
that being 99%(Pct Range) off of
44.00(Month Low) to 51.35(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the May Cotton(NYBOT) also closed
higher in February than January in 24(Cond Years) of those years.
Of those 24, CTK 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 CTK should exceed 51.35(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 55.41(Average Objective).
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