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MRCI's Scenario Summary

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MRCI's ScenarioSM Summary

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.
ScenarioSM Summary Mar 31, 2013
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 14054.00 14585.00 13938.00 14579.00 99% 45 30 26 87% 14585.00 15516.01 14579.00
#UTIL Higher Mar 480.41 508.79 476.79 508.40 99% 43 23 21 91% 508.79 532.67 508.40
#OEX Higher Mar 682.55 705.10 676.85 704.55 98% 37 24 21 88% 705.10 745.41 704.55
#RUT Higher Mar 911.10 954.00 899.30 951.55 96% 34 24 23 96% 954.00 1011.34 951.55
#VLE Higher Mar 3402.40 3552.30 3363.30 3548.80 98% 30 22 20 91% 3552.30 3769.17 3548.80
#SSNI Higher Mar 11559 12650 11465 12336 74% 31 18 17 94% 12650 13421 12336
SPU3 Higher Mar 1500.90 1557.70 1488.90 1556.60 98% 30 20 17 85% 1557.70 1645.88 1556.60
SFM3 Lower Mar 106.88 107.38 104.63 105.46 30% 37 18 18 100% 104.63 100.52 105.46
EUM3 Lower Mar 130.74 131.43 127.58 128.23 17% 14 7 7 100% 127.58 120.65 128.23
JYM3 Lower Mar 107.97 108.24 103.45 106.33 60% 36 20 17 85% 103.45 100.22 106.33
DXM3 Higher Mar 82.188 83.520 81.830 83.175 80% 27 13 12 92% 83.520 86.659 83.175
HGN3 Lower Mar 356.25 359.20 340.70 342.20 8% 45 13 11 85% 340.70 322.04 342.20
HGU3 Lower Mar 357.65 359.45 342.50 343.90 8% 45 15 13 87% 342.50 321.96 343.90
CLM3 Higher Mar 92.84 97.60 90.23 97.49 99% 29 20 19 95% 97.60 107.47 97.49
CLN3 Higher Mar 93.11 97.98 90.56 97.64 95% 29 20 18 90% 97.98 107.22 97.64
CLQ3 Higher Mar 93.23 97.64 90.74 97.57 99% 29 21 18 86% 97.64 107.17 97.57
CLU3 Higher Mar 93.20 97.36 90.84 97.30 99% 29 21 19 90% 97.36 105.93 97.30
CLV3 Higher Mar 93.03 96.91 90.65 96.88 100% 29 21 19 90% 96.91 105.07 96.88
HOM3 Higher Mar 301.76 307.95 295.13 303.30 64% 33 24 23 96% 307.95 340.28 303.30
HON3 Higher Mar 300.75 306.36 295.00 302.80 69% 33 24 23 96% 306.36 336.72 302.80
HOQ3 Higher Mar 299.97 305.57 295.16 302.74 73% 33 24 23 96% 305.57 334.84 302.74
HOU3 Higher Mar 299.27 305.05 294.95 302.67 76% 33 23 22 96% 305.05 331.36 302.67
HOV3 Higher Mar 298.56 303.85 294.37 302.44 85% 31 22 21 95% 303.85 331.99 302.44
RBM3 Higher Mar 302.30 318.55 297.96 308.36 51% 27 22 20 91% 318.55 357.50 308.36
RBN3 Higher Mar 296.77 311.78 292.59 304.76 63% 27 22 19 86% 311.78 344.30 304.76
RBQ3 Higher Mar 291.39 305.08 287.60 300.48 74% 27 22 20 91% 305.08 333.86 300.48
RBU3 Higher Mar 285.95 299.03 281.86 295.47 79% 27 23 21 91% 299.03 327.45 295.47
RBV3 Higher Mar 269.11 281.50 265.21 279.35 87% 26 21 20 95% 281.50 306.65 279.35
NGM3 Higher Mar 3.579 4.160 3.511 4.066 86% 22 15 15 100% 4.160 4.743 4.066
NGN3 Higher Mar 3.634 4.205 3.569 4.113 86% 22 15 15 100% 4.205 4.774 4.113
NGQ3 Higher Mar 3.662 4.200 3.604 4.130 88% 22 15 15 100% 4.200 4.764 4.130
NGU3 Higher Mar 3.667 4.190 3.610 4.117 87% 22 15 15 100% 4.190 4.730 4.117
NGV3 Higher Mar 3.699 4.191 3.642 4.128 89% 22 15 15 100% 4.191 4.694 4.128
ITCOM3 Higher Mar 109.55 110.38 106.50 109.79 85% 23 14 12 86% 110.38 121.44 109.79
ITCON3 Higher Mar 108.81 109.58 106.10 109.41 95% 23 15 14 93% 109.58 121.26 109.41
ITCOQ3 Higher Mar 108.14 109.00 105.64 108.94 98% 23 15 14 93% 109.00 119.81 108.94
ITCOU3 Higher Mar 107.42 108.39 105.07 108.32 98% 23 15 14 93% 108.39 118.63 108.32
ITCOV3 Higher Mar 106.74 107.78 104.35 107.72 98% 21 15 14 93% 107.78 118.29 107.72
BON3 Higher Mar 49.42 51.24 48.97 50.35 61% 45 22 21 95% 51.24 56.54 50.35
BOQ3 Higher Mar 49.39 51.13 49.00 50.34 63% 45 25 22 88% 51.13 56.53 50.34
BOU3 Higher Mar 49.19 50.91 48.79 50.22 67% 45 25 22 88% 50.91 56.25 50.22
BOV3 Higher Mar 48.84 50.71 48.38 49.92 66% 45 25 24 96% 50.71 55.56 49.92
BOZ3 Higher Mar 48.65 50.37 48.18 49.74 71% 45 28 28 100% 50.37 54.91 49.74
CU3 Lower Mar 582.75 606.25 561.50 563.00 3% 45 18 17 94% 561.50 525.18 563.00
CZ3 Lower Mar 557.00 578.50 535.75 538.50 6% 45 20 18 90% 535.75 503.11 538.50
ON3 Higher Mar 371.25 407.75 369.25 391.25 57% 38 15 13 87% 407.75 441.23 391.25
OU3 Higher Mar 368.25 390.00 358.00 378.25 63% 38 15 13 87% 390.00 421.73 378.25
RRX3 Lower Mar 15.56 15.60 14.77 15.50 88% 25 10 9 90% 14.77 13.62 15.50
LCM3 Lower Mar 124.950 125.950 120.100 124.385 73% 45 21 18 86% 120.100 111.736 124.385
LCQ3 Lower Mar 125.750 126.480 121.450 125.200 75% 45 21 18 86% 121.450 114.906 125.200
LEM3 Lower Mar 91.480 92.180 87.100 91.085 78% 43 19 16 84% 87.100 79.068 91.085
LEN3 Lower Mar 91.850 92.500 87.835 91.050 69% 43 19 16 84% 87.835 80.862 91.050
KCN3 Lower Mar 145.90 149.95 134.80 139.65 32% 39 17 15 88% 134.80 123.48 139.65


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for March(Month). Compared to February's 14054.00(Prev Close), the market ended March at 14579.00(Month Close), that being 99%(Pct Range) off of 13938.00(Month Low) to 14585.00(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 30(Cond Years) of those years. Of those 30, the #DJ went on to exceed the March high within the next 2 months in 26 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the the #DJ should exceed 14585.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 26 years) a potential move toward 15516.01(Average Objective).

Dow Jones Utilities
The #UTIL(Mkt) ended Higher(Cond) for March(Month). Compared to February's 480.41(Prev Close), the market ended March at 508.40(Month Close), that being 99%(Pct Range) off of 476.79(Month Low) to 508.79(Month High).

In comparing the February/March closes for each of the last 43 years(Total Years), Scenario found that the Dow Jones Utilities also closed higher in March than February in 23(Cond Years) of those years. Of those 23, the #UTIL went on to exceed the March high within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the the #UTIL should exceed 508.79(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 532.67(Average Objective).

S & P 100(OEX)
The #OEX(Mkt) ended Higher(Cond) for March(Month). Compared to February's 682.55(Prev Close), the market ended March at 704.55(Month Close), that being 98%(Pct Range) off of 676.85(Month Low) to 705.10(Month High).

In comparing the February/March closes for each of the last 37 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in March than February in 24(Cond Years) of those years. Of those 24, the #OEX went on to exceed the March 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 the #OEX should exceed 705.10(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 745.41(Average Objective).

Russell 2000 Index
The #RUT(Mkt) ended Higher(Cond) for March(Month). Compared to February's 911.10(Prev Close), the market ended March at 951.55(Month Close), that being 96%(Pct Range) off of 899.30(Month Low) to 954.00(Month High).

In comparing the February/March closes for each of the last 34 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in March than February in 24(Cond Years) of those years. Of those 24, the #RUT went on to exceed the March high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the the #RUT should exceed 954.00(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 1011.34(Average Objective).

Value Line Index
The #VLE(Mkt) ended Higher(Cond) for March(Month). Compared to February's 3402.40(Prev Close), the market ended March at 3548.80(Month Close), that being 98%(Pct Range) off of 3363.30(Month Low) to 3552.30(Month High).

In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the Value Line Index also closed higher in March than February in 22(Cond Years) of those years. Of those 22, the #VLE went on to exceed the March 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 the #VLE should exceed 3552.30(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 3769.17(Average Objective).

Nikkei 225 Index
The #SSNI(Mkt) ended Higher(Cond) for March(Month). Compared to February's 11559(Prev Close), the market ended March at 12336(Month Close), that being 74%(Pct Range) off of 11465(Month Low) to 12650(Month High).

In comparing the February/March closes for each of the last 31 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in March than February in 18(Cond Years) of those years. Of those 18, the #SSNI 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 the #SSNI should exceed 12650(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 13421(Average Objective).

September S & P 500(CME)
The SPU3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 1500.90(Prev Close), the market ended March at 1556.60(Month Close), that being 98%(Pct Range) off of 1488.90(Month Low) to 1557.70(Month High).

In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the September S & P 500(CME) also closed higher in March than February in 20(Cond Years) of those years. Of those 20, SPU went on to exceed the March high within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the SPU should exceed 1557.70(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 1645.88(Average Objective).

June Swiss Franc(CME)
The SFM3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 106.88(Prev Close), the market ended March at 105.46(Month Close), that being 30%(Pct Range) off of 104.63(Month Low) to 107.38(Month High).

In comparing the February/March closes for each of the last 37 years(Total Years), Scenario found that the June Swiss Franc(CME) also closed lower in March than February in 18(Cond Years) of those years. Of those 18, SFM went on to penetrate the March low within the next 2 months in 18 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the SFM should penetrate 104.63(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 100.52(Average Objective).

June EuroFX(CME)
The EUM3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 130.74(Prev Close), the market ended March at 128.23(Month Close), that being 17%(Pct Range) off of 127.58(Month Low) to 131.43(Month High).

In comparing the February/March closes for each of the last 14 years(Total Years), Scenario found that the June EuroFX(CME) also closed lower in March than February in 7(Cond Years) of those years. Of those 7, EUM went on to penetrate the March low within the next 2 months in 7 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the EUM should penetrate 127.58(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 120.65(Average Objective).

June Japanese Yen(CME)
The JYM3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 107.97(Prev Close), the market ended March at 106.33(Month Close), that being 60%(Pct Range) off of 103.45(Month Low) to 108.24(Month High).

In comparing the February/March closes for each of the last 36 years(Total Years), Scenario found that the June Japanese Yen(CME) also closed lower in March than February in 20(Cond Years) of those years. Of those 20, JYM 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 JYM should penetrate 103.45(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 100.22(Average Objective).

June US Dollar Index(ICE)
The DXM3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 82.188(Prev Close), the market ended March at 83.175(Month Close), that being 80%(Pct Range) off of 81.830(Month Low) to 83.520(Month High).

In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the June US Dollar Index(ICE) also closed higher in March than February in 13(Cond Years) of those years. Of those 13, DXM went on to exceed the March high within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the DXM should exceed 83.520(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 86.659(Average Objective).

July Copper(CMX)
The HGN3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 356.25(Prev Close), the market ended March at 342.20(Month Close), that being 8%(Pct Range) off of 340.70(Month Low) to 359.20(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the July Copper(CMX) also closed lower in March than February in 13(Cond Years) of those years. Of those 13, HGN went on to penetrate the March 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 HGN should penetrate 340.70(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 322.04(Average Objective).

September Copper(CMX)
The HGU3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 357.65(Prev Close), the market ended March at 343.90(Month Close), that being 8%(Pct Range) off of 342.50(Month Low) to 359.45(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the September Copper(CMX) also closed lower in March than February in 15(Cond Years) of those years. Of those 15, HGU 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 HGU should penetrate 342.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 321.96(Average Objective).

June Crude Oil(NYM)
The CLM3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 92.84(Prev Close), the market ended March at 97.49(Month Close), that being 99%(Pct Range) off of 90.23(Month Low) to 97.60(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed higher in March than February in 20(Cond Years) of those years. Of those 20, CLM went on to exceed the March high within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the CLM should exceed 97.60(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 107.47(Average Objective).

July Crude Oil(NYM)
The CLN3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 93.11(Prev Close), the market ended March at 97.64(Month Close), that being 95%(Pct Range) off of 90.56(Month Low) to 97.98(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed higher in March than February in 20(Cond Years) of those years. Of those 20, CLN went on to exceed the March high within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the CLN should exceed 97.98(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 107.22(Average Objective).

August Crude Oil(NYM)
The CLQ3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 93.23(Prev Close), the market ended March at 97.57(Month Close), that being 99%(Pct Range) off of 90.74(Month Low) to 97.64(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed higher in March than February in 21(Cond Years) of those years. Of those 21, CLQ went on to exceed the March high within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the CLQ should exceed 97.64(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 107.17(Average Objective).

September Crude Oil(NYM)
The CLU3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 93.20(Prev Close), the market ended March at 97.30(Month Close), that being 99%(Pct Range) off of 90.84(Month Low) to 97.36(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the September Crude Oil(NYM) also closed higher in March than February in 21(Cond Years) of those years. Of those 21, CLU went on to exceed the March high within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the CLU should exceed 97.36(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 105.93(Average Objective).

October Crude Oil(NYM)
The CLV3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 93.03(Prev Close), the market ended March at 96.88(Month Close), that being 100%(Pct Range) off of 90.65(Month Low) to 96.91(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the October Crude Oil(NYM) also closed higher in March than February in 21(Cond Years) of those years. Of those 21, CLV went on to exceed the March high within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the CLV should exceed 96.91(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 105.07(Average Objective).

June Heating Oil(NYM)
The HOM3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 301.76(Prev Close), the market ended March at 303.30(Month Close), that being 64%(Pct Range) off of 295.13(Month Low) to 307.95(Month High).

In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the June Heating Oil(NYM) also closed higher in March than February in 24(Cond Years) of those years. Of those 24, HOM went on to exceed the March high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the HOM should exceed 307.95(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 340.28(Average Objective).

July Heating Oil(NYM)
The HON3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 300.75(Prev Close), the market ended March at 302.80(Month Close), that being 69%(Pct Range) off of 295.00(Month Low) to 306.36(Month High).

In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed higher in March than February in 24(Cond Years) of those years. Of those 24, HON went on to exceed the March high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the HON should exceed 306.36(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 336.72(Average Objective).

August Heating Oil(NYM)
The HOQ3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 299.97(Prev Close), the market ended March at 302.74(Month Close), that being 73%(Pct Range) off of 295.16(Month Low) to 305.57(Month High).

In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed higher in March than February in 24(Cond Years) of those years. Of those 24, HOQ went on to exceed the March high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the HOQ should exceed 305.57(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 334.84(Average Objective).

September Heating Oil(NYM)
The HOU3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 299.27(Prev Close), the market ended March at 302.67(Month Close), that being 76%(Pct Range) off of 294.95(Month Low) to 305.05(Month High).

In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the September Heating Oil(NYM) also closed higher in March than February in 23(Cond Years) of those years. Of those 23, HOU went on to exceed the March high within the next 2 months in 22 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the HOU should exceed 305.05(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 331.36(Average Objective).

October Heating Oil(NYM)
The HOV3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 298.56(Prev Close), the market ended March at 302.44(Month Close), that being 85%(Pct Range) off of 294.37(Month Low) to 303.85(Month High).

In comparing the February/March closes for each of the last 31 years(Total Years), Scenario found that the October Heating Oil(NYM) also closed higher in March than February in 22(Cond Years) of those years. Of those 22, HOV went on to exceed the March high within the next 2 months in 21 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the HOV should exceed 303.85(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 331.99(Average Objective).

June Gasoline(NYMEX)
The RBM3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 302.30(Prev Close), the market ended March at 308.36(Month Close), that being 51%(Pct Range) off of 297.96(Month Low) to 318.55(Month High).

In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the June Gasoline(NYMEX) also closed higher in March than February in 22(Cond Years) of those years. Of those 22, RBM went on to exceed the March 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 RBM should exceed 318.55(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 357.50(Average Objective).

July Gasoline(NYMEX)
The RBN3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 296.77(Prev Close), the market ended March at 304.76(Month Close), that being 63%(Pct Range) off of 292.59(Month Low) to 311.78(Month High).

In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the July Gasoline(NYMEX) also closed higher in March than February in 22(Cond Years) of those years. Of those 22, RBN went on to exceed the March high within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the RBN should exceed 311.78(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 344.30(Average Objective).

August Gasoline(NYMEX)
The RBQ3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 291.39(Prev Close), the market ended March at 300.48(Month Close), that being 74%(Pct Range) off of 287.60(Month Low) to 305.08(Month High).

In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the August Gasoline(NYMEX) also closed higher in March than February in 22(Cond Years) of those years. Of those 22, RBQ went on to exceed the March 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 RBQ should exceed 305.08(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 333.86(Average Objective).

September Gasoline(NYMEX)
The RBU3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 285.95(Prev Close), the market ended March at 295.47(Month Close), that being 79%(Pct Range) off of 281.86(Month Low) to 299.03(Month High).

In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the September Gasoline(NYMEX) also closed higher in March than February in 23(Cond Years) of those years. Of those 23, RBU went on to exceed the March high within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the RBU should exceed 299.03(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 327.45(Average Objective).

October Gasoline(NYMEX)
The RBV3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 269.11(Prev Close), the market ended March at 279.35(Month Close), that being 87%(Pct Range) off of 265.21(Month Low) to 281.50(Month High).

In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the October Gasoline(NYMEX) also closed higher in March than February in 21(Cond Years) of those years. Of those 21, RBV went on to exceed the March high within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the RBV should exceed 281.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 306.65(Average Objective).

June Natural Gas(NYM)
The NGM3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 3.579(Prev Close), the market ended March at 4.066(Month Close), that being 86%(Pct Range) off of 3.511(Month Low) to 4.160(Month High).

In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the June Natural Gas(NYM) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, NGM went on to exceed the March high within the next 2 months in 15 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGM should exceed 4.160(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 4.743(Average Objective).

July Natural Gas(NYM)
The NGN3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 3.634(Prev Close), the market ended March at 4.113(Month Close), that being 86%(Pct Range) off of 3.569(Month Low) to 4.205(Month High).

In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the July Natural Gas(NYM) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, NGN went on to exceed the March high within the next 2 months in 15 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGN should exceed 4.205(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 4.774(Average Objective).

August Natural Gas(NYM)
The NGQ3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 3.662(Prev Close), the market ended March at 4.130(Month Close), that being 88%(Pct Range) off of 3.604(Month Low) to 4.200(Month High).

In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, NGQ went on to exceed the March high within the next 2 months in 15 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGQ should exceed 4.200(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 4.764(Average Objective).

September Natural Gas(NYM)
The NGU3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 3.667(Prev Close), the market ended March at 4.117(Month Close), that being 87%(Pct Range) off of 3.610(Month Low) to 4.190(Month High).

In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the September Natural Gas(NYM) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, NGU went on to exceed the March high within the next 2 months in 15 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGU should exceed 4.190(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 4.730(Average Objective).

October Natural Gas(NYM)
The NGV3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 3.699(Prev Close), the market ended March at 4.128(Month Close), that being 89%(Pct Range) off of 3.642(Month Low) to 4.191(Month High).

In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the October Natural Gas(NYM) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, NGV went on to exceed the March high within the next 2 months in 15 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGV should exceed 4.191(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 4.694(Average Objective).

June Brent Crude Oil(ICE)
The ITCOM3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 109.55(Prev Close), the market ended March at 109.79(Month Close), that being 85%(Pct Range) off of 106.50(Month Low) to 110.38(Month High).

In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the June Brent Crude Oil(ICE) also closed higher in March than February in 14(Cond Years) of those years. Of those 14, ITCOM 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 ITCOM should exceed 110.38(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 121.44(Average Objective).

July Brent Crude Oil(ICE)
The ITCON3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 108.81(Prev Close), the market ended March at 109.41(Month Close), that being 95%(Pct Range) off of 106.10(Month Low) to 109.58(Month High).

In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the July Brent Crude Oil(ICE) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, ITCON 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 ITCON should exceed 109.58(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 121.26(Average Objective).

August Brent Crude Oil(ICE)
The ITCOQ3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 108.14(Prev Close), the market ended March at 108.94(Month Close), that being 98%(Pct Range) off of 105.64(Month Low) to 109.00(Month High).

In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the August Brent Crude Oil(ICE) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, ITCOQ 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 ITCOQ should exceed 109.00(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 119.81(Average Objective).

September Brent Crude Oil(ICE)
The ITCOU3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 107.42(Prev Close), the market ended March at 108.32(Month Close), that being 98%(Pct Range) off of 105.07(Month Low) to 108.39(Month High).

In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the September Brent Crude Oil(ICE) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, ITCOU 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 ITCOU should exceed 108.39(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 118.63(Average Objective).

October Brent Crude Oil(ICE)
The ITCOV3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 106.74(Prev Close), the market ended March at 107.72(Month Close), that being 98%(Pct Range) off of 104.35(Month Low) to 107.78(Month High).

In comparing the February/March closes for each of the last 21 years(Total Years), Scenario found that the October Brent Crude Oil(ICE) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, ITCOV 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 ITCOV should exceed 107.78(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 118.29(Average Objective).

July Soybean Oil(CBOT)
The BON3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 49.42(Prev Close), the market ended March at 50.35(Month Close), that being 61%(Pct Range) off of 48.97(Month Low) to 51.24(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed higher in March than February in 22(Cond Years) of those years. Of those 22, BON went on to exceed the March high within the next 2 months in 21 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the BON should exceed 51.24(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 56.54(Average Objective).

August Soybean Oil(CBOT)
The BOQ3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 49.39(Prev Close), the market ended March at 50.34(Month Close), that being 63%(Pct Range) off of 49.00(Month Low) to 51.13(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed higher in March than February in 25(Cond Years) of those years. Of those 25, BOQ went on to exceed the March 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 51.13(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 56.53(Average Objective).

September Soybean Oil(CBOT)
The BOU3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 49.19(Prev Close), the market ended March at 50.22(Month Close), that being 67%(Pct Range) off of 48.79(Month Low) to 50.91(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the September Soybean Oil(CBOT) also closed higher in March than February in 25(Cond Years) of those years. Of those 25, BOU went on to exceed the March 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 BOU should exceed 50.91(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 56.25(Average Objective).

October Soybean Oil(CBOT)
The BOV3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 48.84(Prev Close), the market ended March at 49.92(Month Close), that being 66%(Pct Range) off of 48.38(Month Low) to 50.71(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the October Soybean Oil(CBOT) also closed higher in March than February in 25(Cond Years) of those years. Of those 25, BOV went on to exceed the March 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 BOV should exceed 50.71(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 55.56(Average Objective).

December Soybean Oil(CBOT)
The BOZ3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 48.65(Prev Close), the market ended March at 49.74(Month Close), that being 71%(Pct Range) off of 48.18(Month Low) to 50.37(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the December Soybean Oil(CBOT) also closed higher in March than February in 28(Cond Years) of those years. Of those 28, BOZ went on to exceed the March high within the next 2 months in 28 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the BOZ should exceed 50.37(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 28 years) a potential move toward 54.91(Average Objective).

September Corn(CBOT)
The CU3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 582.75(Prev Close), the market ended March at 563.00(Month Close), that being 3%(Pct Range) off of 561.50(Month Low) to 606.25(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 lower in March than February in 18(Cond Years) of those years. Of those 18, CU went on to penetrate the March low within the next 2 months in 17 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the CU should penetrate 561.50(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 525.18(Average Objective).

December Corn(CBOT)
The CZ3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 557.00(Prev Close), the market ended March at 538.50(Month Close), that being 6%(Pct Range) off of 535.75(Month Low) to 578.50(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 lower in March than February in 20(Cond Years) of those years. Of those 20, CZ went on to penetrate the March low within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the CZ should penetrate 535.75(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 503.11(Average Objective).

July Oats(CBOT)
The ON3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 371.25(Prev Close), the market ended March at 391.25(Month Close), that being 57%(Pct Range) off of 369.25(Month Low) to 407.75(Month High).

In comparing the February/March closes for each of the last 38 years(Total Years), Scenario found that the July Oats(CBOT) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, ON went on to exceed the March 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 ON should exceed 407.75(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 441.23(Average Objective).

September Oats(CBOT)
The OU3(Mkt) ended Higher(Cond) for March(Month). Compared to February's 368.25(Prev Close), the market ended March at 378.25(Month Close), that being 63%(Pct Range) off of 358.00(Month Low) to 390.00(Month High).

In comparing the February/March closes for each of the last 38 years(Total Years), Scenario found that the September Oats(CBOT) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, OU went on to exceed the March 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 OU should exceed 390.00(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 421.73(Average Objective).

November Rough Rice(CBOT)
The RRX3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 15.56(Prev Close), the market ended March at 15.50(Month Close), that being 88%(Pct Range) off of 14.77(Month Low) to 15.60(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the November Rough Rice(CBOT) also closed lower in March than February in 10(Cond Years) of those years. Of those 10, RRX went on to penetrate the March 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 RRX should penetrate 14.77(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 13.62(Average Objective).

June Live Cattle(CME)
The LCM3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 124.950(Prev Close), the market ended March at 124.385(Month Close), that being 73%(Pct Range) off of 120.100(Month Low) to 125.950(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the June Live Cattle(CME) also closed lower in March than February in 21(Cond Years) of those years. Of those 21, LCM went on to penetrate the March low within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the LCM should penetrate 120.100(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 111.736(Average Objective).

August Live Cattle(CME)
The LCQ3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 125.750(Prev Close), the market ended March at 125.200(Month Close), that being 75%(Pct Range) off of 121.450(Month Low) to 126.480(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the August Live Cattle(CME) also closed lower in March than February in 21(Cond Years) of those years. Of those 21, LCQ went on to penetrate the March low within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the LCQ should penetrate 121.450(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 114.906(Average Objective).

June Lean Hogs(CME)
The LEM3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 91.480(Prev Close), the market ended March at 91.085(Month Close), that being 78%(Pct Range) off of 87.100(Month Low) to 92.180(Month High).

In comparing the February/March closes for each of the last 43 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed lower in March than February in 19(Cond Years) of those years. Of those 19, LEM went on to penetrate the March low within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the LEM should penetrate 87.100(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 79.068(Average Objective).

July Lean Hogs(CME)
The LEN3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 91.850(Prev Close), the market ended March at 91.050(Month Close), that being 69%(Pct Range) off of 87.835(Month Low) to 92.500(Month High).

In comparing the February/March closes for each of the last 43 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed lower in March than February in 19(Cond Years) of those years. Of those 19, LEN went on to penetrate the March low within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the LEN should penetrate 87.835(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 80.862(Average Objective).

July Coffee "C"(ICE)
The KCN3(Mkt) ended Lower(Cond) for March(Month). Compared to February's 145.90(Prev Close), the market ended March at 139.65(Month Close), that being 32%(Pct Range) off of 134.80(Month Low) to 149.95(Month High).

In comparing the February/March closes for each of the last 39 years(Total Years), Scenario found that the July Coffee "C"(ICE) also closed lower in March than February in 17(Cond Years) of those years. Of those 17, KCN went on to penetrate the March low within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the KCN should penetrate 134.80(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 123.48(Average Objective).
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