MRCI Logo
MRCI's ScenarioSM Summary

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.
Some data provided by Prophetfinance.com
ScenarioSM Summary Mar 31, 2006
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
#DJ Higher Mar 10993.00 11335.00 10923.00 11109.00 45% 45 28 24 86% 11335.00 12025.36 11109.00
#OEX Higher Mar 580.75 596.30 578.20 587.85 53% 22 14 12 86% 596.30 628.07 587.85
#RUT Higher Mar 730.65 767.15 713.60 765.15 96% 27 18 18 100% 767.15 807.71 765.15
#VLE Higher Mar 2034.30 2105.40 1997.10 2095.30 91% 23 16 15 94% 2105.40 2212.58 2095.30
#SSNI Higher Mar 16205 17126 15553 17060 96% 24 14 14 100% 17126 18162 17060
JYM6 Lower Mar 87.68 87.68 84.98 85.85 32% 29 15 13 87% 84.98 82.08 85.85
DXM6 Lower Mar 89.70 90.79 88.45 89.39 40% 20 9 9 100% 88.45 85.77 89.39
CLN6 Higher Mar 64.83 69.10 62.55 68.67 93% 22 15 14 93% 69.10 75.18 68.67
CLQ6 Higher Mar 65.42 69.38 63.70 69.09 95% 22 16 14 88% 69.38 75.68 69.09
CLU6 Higher Mar 65.89 69.65 63.90 69.32 94% 22 16 14 88% 69.65 75.47 69.32
HON6 Higher Mar 177.91 191.30 173.00 189.73 91% 26 18 17 94% 191.30 208.97 189.73
HOQ6 Higher Mar 180.36 193.45 175.75 191.98 92% 26 18 17 94% 193.45 210.67 191.98
HOU6 Higher Mar 182.71 194.98 178.50 194.33 96% 26 17 16 94% 194.98 209.99 194.33
HUN6 Higher Mar 170.58 192.10 169.00 189.29 88% 20 16 14 88% 192.10 209.19 189.29
HUQ6 Higher Mar 172.38 192.25 170.75 189.79 89% 20 16 15 94% 192.25 207.59 189.79
HUU6 Higher Mar 172.68 195.00 170.00 189.24 77% 20 17 16 94% 195.00 211.10 189.24
NGN6 Higher Mar 7.235 7.970 7.080 7.625 61% 15 11 11 100% 7.970 9.101 7.625
NGQ6 Higher Mar 7.348 8.080 7.250 7.770 63% 15 11 11 100% 8.080 9.205 7.770
NGU6 Higher Mar 7.430 8.170 7.370 7.890 65% 15 11 11 100% 8.170 9.248 7.890
BOQ6 Lower Mar 24.43 25.52 23.22 23.50 12% 44 20 17 85% 23.22 21.52 23.50
CU6 Higher Mar 254.25 260.00 237.25 256.00 82% 45 26 24 92% 260.00 275.19 256.00
CZ6 Higher Mar 264.25 270.00 249.25 268.00 90% 45 25 21 84% 270.00 285.95 268.00
WZ6 Lower Mar 416.50 423.00 377.00 387.00 22% 45 27 23 85% 377.00 358.85 387.00
KWN6 Lower Mar 444.50 462.50 401.00 423.00 36% 29 15 13 87% 401.00 381.51 423.00
KWU6 Lower Mar 452.75 464.50 406.00 426.00 34% 29 15 13 87% 406.00 387.56 426.00
KWZ6 Lower Mar 457.00 470.00 413.00 433.50 36% 28 15 13 87% 413.00 393.21 433.50
MWN6 Lower Mar 435.50 444.00 395.00 410.00 31% 25 12 11 92% 395.00 378.30 410.00
MWU6 Lower Mar 440.00 446.00 399.00 415.00 34% 25 13 12 92% 399.00 381.14 415.00
MWZ6 Lower Mar 444.50 449.50 407.00 421.50 34% 25 13 12 92% 407.00 390.61 421.50
RRN6 Higher Mar 8.77 9.09 8.33 8.87 71% 16 7 6 86% 9.09 10.32 8.87
RRU6 Higher Mar 8.87 9.05 8.54 9.05 100% 19 10 9 90% 9.05 9.85 9.05
LCM6 Lower Mar 82.625 82.950 74.300 74.350 1% 41 17 16 94% 74.300 68.867 74.350
LCQ6 Lower Mar 82.375 82.750 76.200 76.300 2% 41 17 16 94% 76.200 71.784 76.300
LEM6 Lower Mar 69.950 71.675 64.950 65.275 5% 36 14 12 86% 64.950 58.729 65.275
KCN6 Lower Mar 116.20 117.70 106.25 109.85 31% 32 12 11 92% 106.25 97.82 109.85
SBV6 Higher Mar 16.49 18.71 15.85 17.87 71% 42 19 17 89% 18.71 20.47 17.87
LBK6 Lower Mar 336.0 349.3 320.9 324.9 14% 32 17 16 94% 320.9 287.0 324.9


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for March(Month). Compared to February's 10993.00(Prev Close), the market ended March at 11109.00(Month Close), that being 45%(Pct Range) off of 10923.00(Month Low) to 11335.00(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed higher in March than February in 28(Cond Years) of those years. Of those 28, the #DJ went on to exceed the March high within the next 2 months in 24 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the the #DJ should exceed 11335.00(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 12025.36(Average Objective).

S & P 100(OEX)
The #OEX(Mkt) ended Higher(Cond) for March(Month). Compared to February's 580.75(Prev Close), the market ended March at 587.85(Month Close), that being 53%(Pct Range) off of 578.20(Month Low) to 596.30(Month High).

In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in March than February in 14(Cond Years) of those years. Of those 14, the #OEX 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 the #OEX should exceed 596.30(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 628.07(Average Objective).

Russell 2000 Index
The #RUT(Mkt) ended Higher(Cond) for March(Month). Compared to February's 730.65(Prev Close), the market ended March at 765.15(Month Close), that being 96%(Pct Range) off of 713.60(Month Low) to 767.15(Month High).

In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in March than February in 18(Cond Years) of those years. Of those 18, the #RUT went on to exceed the March high within the next 2 months in 18 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #RUT should exceed 767.15(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 807.71(Average Objective).

Value Line Index
The #VLE(Mkt) ended Higher(Cond) for March(Month). Compared to February's 2034.30(Prev Close), the market ended March at 2095.30(Month Close), that being 91%(Pct Range) off of 1997.10(Month Low) to 2105.40(Month High).

In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the Value Line Index also closed higher in March than February in 16(Cond Years) of those years. Of those 16, the #VLE 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 the #VLE should exceed 2105.40(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 2212.58(Average Objective).

Nikkei 225 Index
The #SSNI(Mkt) ended Higher(Cond) for March(Month). Compared to February's 16205(Prev Close), the market ended March at 17060(Month Close), that being 96%(Pct Range) off of 15553(Month Low) to 17126(Month High).

In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in March than February in 14(Cond Years) of those years. Of those 14, the #SSNI went on to exceed the March 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 17126(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 18162(Average Objective).

June Japanese Yen(CME)
The JYM6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 87.68(Prev Close), the market ended March at 85.85(Month Close), that being 32%(Pct Range) off of 84.98(Month Low) to 87.68(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the June Japanese Yen(CME) also closed lower in March than February in 15(Cond Years) of those years. Of those 15, JYM went on to penetrate the March low within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the JYM should penetrate 84.98(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 82.08(Average Objective).

June US Dollar Index(NYBOT)
The DXM6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 89.70(Prev Close), the market ended March at 89.39(Month Close), that being 40%(Pct Range) off of 88.45(Month Low) to 90.79(Month High).

In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the June US Dollar Index(NYBOT) also closed lower in March than February in 9(Cond Years) of those years. Of those 9, DXM went on to penetrate the March 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 DXM should penetrate 88.45(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 85.77(Average Objective).

July Crude Oil(NYM)
The CLN6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 64.83(Prev Close), the market ended March at 68.67(Month Close), that being 93%(Pct Range) off of 62.55(Month Low) to 69.10(Month High).

In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, CLN 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 CLN should exceed 69.10(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 75.18(Average Objective).

August Crude Oil(NYM)
The CLQ6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 65.42(Prev Close), the market ended March at 69.09(Month Close), that being 95%(Pct Range) off of 63.70(Month Low) to 69.38(Month High).

In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed higher in March than February in 16(Cond Years) of those years. Of those 16, CLQ went on to exceed the March high within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CLQ should exceed 69.38(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 75.68(Average Objective).

September Crude Oil(NYM)
The CLU6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 65.89(Prev Close), the market ended March at 69.32(Month Close), that being 94%(Pct Range) off of 63.90(Month Low) to 69.65(Month High).

In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the September Crude Oil(NYM) also closed higher in March than February in 16(Cond Years) of those years. Of those 16, CLU went on to exceed the March high within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CLU should exceed 69.65(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 75.47(Average Objective).

July Heating Oil(NYM)
The HON6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 177.91(Prev Close), the market ended March at 189.73(Month Close), that being 91%(Pct Range) off of 173.00(Month Low) to 191.30(Month High).

In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, HON went on to exceed the March 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 HON should exceed 191.30(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 208.97(Average Objective).

August Heating Oil(NYM)
The HOQ6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 180.36(Prev Close), the market ended March at 191.98(Month Close), that being 92%(Pct Range) off of 175.75(Month Low) to 193.45(Month High).

In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, HOQ went on to exceed the March 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 HOQ should exceed 193.45(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 210.67(Average Objective).

September Heating Oil(NYM)
The HOU6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 182.71(Prev Close), the market ended March at 194.33(Month Close), that being 96%(Pct Range) off of 178.50(Month Low) to 194.98(Month High).

In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the September Heating Oil(NYM) also closed higher in March than February in 17(Cond Years) of those years. Of those 17, HOU went on to exceed the March high within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the HOU should exceed 194.98(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 209.99(Average Objective).

July Unleaded Gas(NYM)
The HUN6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 170.58(Prev Close), the market ended March at 189.29(Month Close), that being 88%(Pct Range) off of 169.00(Month Low) to 192.10(Month High).

In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the July Unleaded Gas(NYM) also closed higher in March than February in 16(Cond Years) of those years. Of those 16, HUN went on to exceed the March high within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the HUN should exceed 192.10(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 209.19(Average Objective).

August Unleaded Gas(NYM)
The HUQ6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 172.38(Prev Close), the market ended March at 189.79(Month Close), that being 89%(Pct Range) off of 170.75(Month Low) to 192.25(Month High).

In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the August Unleaded Gas(NYM) also closed higher in March than February in 16(Cond Years) of those years. Of those 16, HUQ 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 HUQ should exceed 192.25(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 207.59(Average Objective).

September Unleaded Gas(NYM)
The HUU6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 172.68(Prev Close), the market ended March at 189.24(Month Close), that being 77%(Pct Range) off of 170.00(Month Low) to 195.00(Month High).

In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the September Unleaded Gas(NYM) also closed higher in March than February in 17(Cond Years) of those years. Of those 17, HUU went on to exceed the March high within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the HUU should exceed 195.00(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 211.10(Average Objective).

July Natural Gas(NYM)
The NGN6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 7.235(Prev Close), the market ended March at 7.625(Month Close), that being 61%(Pct Range) off of 7.080(Month Low) to 7.970(Month High).

In comparing the February/March closes for each of the last 15 years(Total Years), Scenario found that the July Natural Gas(NYM) also closed higher in March than February in 11(Cond Years) of those years. Of those 11, NGN went on to exceed the March high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGN should exceed 7.970(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 9.101(Average Objective).

August Natural Gas(NYM)
The NGQ6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 7.348(Prev Close), the market ended March at 7.770(Month Close), that being 63%(Pct Range) off of 7.250(Month Low) to 8.080(Month High).

In comparing the February/March closes for each of the last 15 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed higher in March than February in 11(Cond Years) of those years. Of those 11, NGQ went on to exceed the March high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGQ should exceed 8.080(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 9.205(Average Objective).

September Natural Gas(NYM)
The NGU6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 7.430(Prev Close), the market ended March at 7.890(Month Close), that being 65%(Pct Range) off of 7.370(Month Low) to 8.170(Month High).

In comparing the February/March closes for each of the last 15 years(Total Years), Scenario found that the September Natural Gas(NYM) also closed higher in March than February in 11(Cond Years) of those years. Of those 11, NGU went on to exceed the March high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGU should exceed 8.170(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 9.248(Average Objective).

August Soybean Oil(CBOT)
The BOQ6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 24.43(Prev Close), the market ended March at 23.50(Month Close), that being 12%(Pct Range) off of 23.22(Month Low) to 25.52(Month High).

In comparing the February/March closes for each of the last 44 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed lower in March than February in 20(Cond Years) of those years. Of those 20, BOQ went on to penetrate the March low within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the BOQ should penetrate 23.22(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 21.52(Average Objective).

September Corn(CBOT)
The CU6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 254.25(Prev Close), the market ended March at 256.00(Month Close), that being 82%(Pct Range) off of 237.25(Month Low) to 260.00(Month High).

In comparing the February/March closes for each of the last 45 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 260.00(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 275.19(Average Objective).

December Corn(CBOT)
The CZ6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 264.25(Prev Close), the market ended March at 268.00(Month Close), that being 90%(Pct Range) off of 249.25(Month Low) to 270.00(Month High).

In comparing the February/March closes for each of the last 45 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 270.00(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 285.95(Average Objective).

December Wheat(CBOT)
The WZ6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 416.50(Prev Close), the market ended March at 387.00(Month Close), that being 22%(Pct Range) off of 377.00(Month Low) to 423.00(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the December Wheat(CBOT) also closed lower in March than February in 27(Cond Years) of those years. Of those 27, WZ went on to penetrate the March low within the next 2 months in 23 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the WZ should penetrate 377.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 358.85(Average Objective).

July Wheat(KCBT)
The KWN6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 444.50(Prev Close), the market ended March at 423.00(Month Close), that being 36%(Pct Range) off of 401.00(Month Low) to 462.50(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the July Wheat(KCBT) also closed lower in March than February in 15(Cond Years) of those years. Of those 15, KWN went on to penetrate the March low within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the KWN should penetrate 401.00(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 381.51(Average Objective).

September Wheat(KCBT)
The KWU6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 452.75(Prev Close), the market ended March at 426.00(Month Close), that being 34%(Pct Range) off of 406.00(Month Low) to 464.50(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the September Wheat(KCBT) also closed lower in March than February in 15(Cond Years) of those years. Of those 15, KWU went on to penetrate the March low within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the KWU should penetrate 406.00(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 387.56(Average Objective).

December Wheat(KCBT)
The KWZ6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 457.00(Prev Close), the market ended March at 433.50(Month Close), that being 36%(Pct Range) off of 413.00(Month Low) to 470.00(Month High).

In comparing the February/March closes for each of the last 28 years(Total Years), Scenario found that the December Wheat(KCBT) also closed lower in March than February in 15(Cond Years) of those years. Of those 15, KWZ went on to penetrate the March low within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the KWZ should penetrate 413.00(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 393.21(Average Objective).

July Wheat(MGE)
The MWN6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 435.50(Prev Close), the market ended March at 410.00(Month Close), that being 31%(Pct Range) off of 395.00(Month Low) to 444.00(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the July Wheat(MGE) also closed lower in March than February in 12(Cond Years) of those years. Of those 12, MWN went on to penetrate the March 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 MWN should penetrate 395.00(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 378.30(Average Objective).

September Wheat(MGE)
The MWU6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 440.00(Prev Close), the market ended March at 415.00(Month Close), that being 34%(Pct Range) off of 399.00(Month Low) to 446.00(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the September Wheat(MGE) also closed lower in March than February in 13(Cond Years) of those years. Of those 13, MWU went on to penetrate the March 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 MWU should penetrate 399.00(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 381.14(Average Objective).

December Wheat(MGE)
The MWZ6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 444.50(Prev Close), the market ended March at 421.50(Month Close), that being 34%(Pct Range) off of 407.00(Month Low) to 449.50(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the December Wheat(MGE) also closed lower in March than February in 13(Cond Years) of those years. Of those 13, MWZ went on to penetrate the March 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 MWZ should penetrate 407.00(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 390.61(Average Objective).

July Rough Rice(CBOT)
The RRN6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 8.77(Prev Close), the market ended March at 8.87(Month Close), that being 71%(Pct Range) off of 8.33(Month Low) to 9.09(Month High).

In comparing the February/March closes for each of the last 16 years(Total Years), Scenario found that the July Rough Rice(CBOT) also closed higher in March than February in 7(Cond Years) of those years. Of those 7, RRN went on to exceed the March 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 RRN should exceed 9.09(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 10.32(Average Objective).

September Rough Rice(CBOT)
The RRU6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 8.87(Prev Close), the market ended March at 9.05(Month Close), that being 100%(Pct Range) off of 8.54(Month Low) to 9.05(Month High).

In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed higher in March than February in 10(Cond Years) of those years. Of those 10, RRU went on to exceed the March 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 RRU should exceed 9.05(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 9.85(Average Objective).

June Live Cattle(CME)
The LCM6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 82.625(Prev Close), the market ended March at 74.350(Month Close), that being 1%(Pct Range) off of 74.300(Month Low) to 82.950(Month High).

In comparing the February/March closes for each of the last 41 years(Total Years), Scenario found that the June Live Cattle(CME) also closed lower in March than February in 17(Cond Years) of those years. Of those 17, LCM went on to penetrate the March low within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the LCM should penetrate 74.300(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 68.867(Average Objective).

August Live Cattle(CME)
The LCQ6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 82.375(Prev Close), the market ended March at 76.300(Month Close), that being 2%(Pct Range) off of 76.200(Month Low) to 82.750(Month High).

In comparing the February/March closes for each of the last 41 years(Total Years), Scenario found that the August Live Cattle(CME) also closed lower in March than February in 17(Cond Years) of those years. Of those 17, LCQ went on to penetrate the March low within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the LCQ should penetrate 76.200(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 71.784(Average Objective).

June Lean Hogs(CME)
The LEM6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 69.950(Prev Close), the market ended March at 65.275(Month Close), that being 5%(Pct Range) off of 64.950(Month Low) to 71.675(Month High).

In comparing the February/March closes for each of the last 36 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed lower in March than February in 14(Cond Years) of those years. Of those 14, LEM went on to penetrate the March 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 LEM should penetrate 64.950(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 58.729(Average Objective).

July Coffee "C"(NYBOT)
The KCN6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 116.20(Prev Close), the market ended March at 109.85(Month Close), that being 31%(Pct Range) off of 106.25(Month Low) to 117.70(Month High).

In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the July Coffee "C"(NYBOT) also closed lower in March than February in 12(Cond Years) of those years. Of those 12, KCN went on to penetrate the March 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 KCN should penetrate 106.25(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 97.82(Average Objective).

October Sugar #11(NYBOT)
The SBV6(Mkt) ended Higher(Cond) for March(Month). Compared to February's 16.49(Prev Close), the market ended March at 17.87(Month Close), that being 71%(Pct Range) off of 15.85(Month Low) to 18.71(Month High).

In comparing the February/March closes for each of the last 42 years(Total Years), Scenario found that the October Sugar #11(NYBOT) also closed higher in March than February in 19(Cond Years) of those years. Of those 19, SBV went on to exceed the March high within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the SBV should exceed 18.71(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 20.47(Average Objective).

May Lumber(CME)
The LBK6(Mkt) ended Lower(Cond) for March(Month). Compared to February's 336.0(Prev Close), the market ended March at 324.9(Month Close), that being 14%(Pct Range) off of 320.9(Month Low) to 349.3(Month High).

In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the May Lumber(CME) also closed lower in March than February in 17(Cond Years) of those years. Of those 17, LBK went on to penetrate the March low within the next 2 months in 16 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the LBK should penetrate 320.9(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 287.0(Average Objective).