- S&P MidCap 400 Index
- The #MZ(Mkt) ended Lower(Cond) for
August(Month). Compared to July's 2728.45(Prev Close), the market ended August at 2645.45(Month Close),
that being 54%(Pct Range) off of
2551.40(Month Low) to 2726.00(Month High).
In comparing the July/August closes for each of the last 3 years(Total Years), Scenario found that the S&P MidCap 400 Index also closed
lower in August than July in 1(Cond Years) of those years.
Of those 1, the #MZ went on to penetrate the August low within the next 2 months in 1 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the the #MZ should penetrate 2551.40(Scenario Objective) by no later than the end of October.
- December EuroFX(CME)
- The EUZ3(Mkt) ended Lower(Cond) for
August(Month). Compared to July's 110.74(Prev Close), the market ended August at 109.01(Month Close),
that being 25%(Pct Range) off of
108.27(Month Low) to 111.28(Month High).
In comparing the July/August closes for each of the last 24 years(Total Years), Scenario found that the December EuroFX(CME) also closed
lower in August than July in 13(Cond Years) of those years.
Of those 13, EUZ went on to penetrate the August 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 EUZ should penetrate 108.27(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 104.69(Average Objective).
- November NY Harbor ULSD(NYM)
- The HOX3(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 290.36(Prev Close), the market ended August at 303.61(Month Close),
that being 52%(Pct Range) off of
287.61(Month Low) to 318.27(Month High).
In comparing the July/August closes for each of the last 44 years(Total Years), Scenario found that the November NY Harbor ULSD(NYM) also closed
higher in August than July in 24(Cond Years) of those years.
Of those 24, HOX went on to exceed the August 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 HOX should exceed 318.27(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 348.15(Average Objective).
- December NY Harbor ULSD(NYM)
- The HOZ3(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 285.21(Prev Close), the market ended August at 293.56(Month Close),
that being 49%(Pct Range) off of
282.65(Month Low) to 304.81(Month High).
In comparing the July/August closes for each of the last 44 years(Total Years), Scenario found that the December NY Harbor ULSD(NYM) also closed
higher in August than July in 24(Cond Years) of those years.
Of those 24, HOZ went on to exceed the August 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 HOZ should exceed 304.81(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 330.75(Average Objective).
- January NY Harbor ULSD(NYM)
- The HOF4(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 281.92(Prev Close), the market ended August at 288.19(Month Close),
that being 48%(Pct Range) off of
279.51(Month Low) to 297.71(Month High).
In comparing the July/August closes for each of the last 44 years(Total Years), Scenario found that the January NY Harbor ULSD(NYM) also closed
higher in August than July in 24(Cond Years) of those years.
Of those 24, HOF went on to exceed the August 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 HOF should exceed 297.71(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 321.84(Average Objective).
- October Soybean Meal(CBOT)
- The SMV3(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 401.60(Prev Close), the market ended August at 404.70(Month Close),
that being 54%(Pct Range) off of
383.10(Month Low) to 423.00(Month High).
In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the October Soybean Meal(CBOT) also closed
higher in August than July in 25(Cond Years) of those years.
Of those 25, SMV went on to exceed the August 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 SMV should exceed 423.00(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 455.91(Average Objective).
- December Soybean Meal(CBOT)
- The SMZ3(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 395.90(Prev Close), the market ended August at 404.00(Month Close),
that being 60%(Pct Range) off of
379.00(Month Low) to 421.00(Month High).
In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the December Soybean Meal(CBOT) also closed
higher in August than July in 26(Cond Years) of those years.
Of those 26, SMZ went on to exceed the August 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 SMZ should exceed 421.00(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 460.80(Average Objective).
- October Live Cattle(CME)
- The LCV3(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 179.530(Prev Close), the market ended August at 180.830(Month Close),
that being 52%(Pct Range) off of
177.635(Month Low) to 183.735(Month High).
In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the October Live Cattle(CME) also closed
higher in August than July in 17(Cond Years) of those years.
Of those 17, LCV went on to exceed the August 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 LCV should exceed 183.735(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 192.804(Average Objective).
- December Live Cattle(CME)
- The LCZ3(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 183.400(Prev Close), the market ended August at 184.800(Month Close),
that being 50%(Pct Range) off of
181.930(Month Low) to 187.700(Month High).
In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the December Live Cattle(CME) also closed
higher in August than July in 20(Cond Years) of those years.
Of those 20, LCZ went on to exceed the August 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 LCZ should exceed 187.700(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 195.539(Average Objective).
- January Feeder Cattle(CME)
- The FCF4(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 249.700(Prev Close), the market ended August at 256.700(Month Close),
that being 88%(Pct Range) off of
248.150(Month Low) to 257.900(Month High).
In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the January Feeder Cattle(CME) also closed
higher in August than July in 20(Cond Years) of those years.
Of those 20, FCF went on to exceed the August 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 FCF should exceed 257.900(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 266.753(Average Objective).
- November Orange Juice(ICE)
- The JOX3(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 299.55(Prev Close), the market ended August at 318.55(Month Close),
that being 72%(Pct Range) off of
282.00(Month Low) to 333.00(Month High).
In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the November Orange Juice(ICE) also closed
higher in August than July in 25(Cond Years) of those years.
Of those 25, JOX went on to exceed the August 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 JOX should exceed 333.00(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 368.97(Average Objective).
- December Cotton(ICE)
- The CTZ3(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 84.72(Prev Close), the market ended August at 87.82(Month Close),
that being 82%(Pct Range) off of
83.25(Month Low) to 88.83(Month High).
In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the December Cotton(ICE) also closed
higher in August than July in 19(Cond Years) of those years.
Of those 19, CTZ went on to exceed the August 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 CTZ should exceed 88.83(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 99.16(Average Objective).
- March Sugar #11(ICE)
- The SBH4(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 24.29(Prev Close), the market ended August at 25.43(Month Close),
that being 72%(Pct Range) off of
23.42(Month Low) to 26.21(Month High).
In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the March Sugar #11(ICE) also closed
higher in August than July in 20(Cond Years) of those years.
Of those 20, SBH went on to exceed the August 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 SBH should exceed 26.21(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 29.61(Average Objective).
- May Sugar #11(ICE)
- The SBK4(Mkt) ended Higher(Cond) for
August(Month). Compared to July's 22.92(Prev Close), the market ended August at 24.02(Month Close),
that being 70%(Pct Range) off of
22.33(Month Low) to 24.76(Month High).
In comparing the July/August closes for each of the last 45 years(Total Years), Scenario found that the May Sugar #11(ICE) also closed
higher in August than July in 19(Cond Years) of those years.
Of those 19, SBK went on to exceed the August 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 SBK should exceed 24.76(Scenario Objective) by no later than the end of October.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 27.77(Average Objective).
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