MRCI's Scenario Summary

MRCI's Scenario^SM Summary

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.
Some data provided by Prophetfinance.com

Scenario^SM Summary Mar 31, 2009

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

7063.00

7931.00

6470.00

7609.00

78%

86%

7931.00

8414.55

7609.00

#TRAN

Higher

Mar

2499.10

2866.40

2134.20

2684.10

75%

84%

2866.40

3106.61

2684.10

#UTIL

Higher

Mar

323.97

340.82

288.66

329.37

78%

90%

340.82

355.93

329.37

#OEX

Higher

Mar

348.20

393.10

317.35

377.35

79%

88%

393.10

413.63

377.35

#RUT

Higher

Mar

389.00

445.30

342.55

422.75

78%

100%

445.30

467.27

422.75

#VLE

Higher

Mar

1137.60

1372.00

992.50

1296.90

80%

94%

1372.00

1438.30

1296.90

#SSNI

Higher

Mar

7568

8843

7021

8110

60%

100%

8843

9318

8110

JYM9

Lower

Mar

102.42

107.03

100.54

101.04

88%

100.54

97.30

101.04

DXM9

Lower

Mar

88.740

90.305

83.145

85.895

38%

100%

83.145

80.481

85.895

GCM9

Lower

Mar

944.5

970.0

885.0

925.0

47%

86%

885.0

844.3

925.0

CLN9

Higher

Mar

48.98

57.29

44.73

52.85

65%

94%

57.29

61.77

52.85

CLQ9

Higher

Mar

49.82

58.40

45.65

53.93

65%

89%

58.40

63.09

53.93

HON9

Higher

Mar

132.53

156.14

120.21

142.34

62%

95%

156.14

170.12

142.34

HOQ9

Higher

Mar

135.58

158.63

123.51

145.39

62%

95%

158.63

172.37

145.39

RBN9

Higher

Mar

135.85

156.37

126.00

143.89

59%

89%

156.37

170.65

143.89

RBQ9

Higher

Mar

135.20

156.67

124.93

144.45

61%

94%

156.67

169.42

144.45

NGN9

Lower

Mar

4.545

4.721

3.930

4.061

17%

100%

3.930

3.572

4.061

NGQ9

Lower

Mar

4.626

4.820

4.030

4.161

17%

100%

4.030

3.721

4.161

SX9

Higher

Mar

827.50

914.75

784.00

892.00

83%

87%

914.75

964.04

892.00

BON9

Higher

Mar

31.44

34.05

30.00

33.92

97%

91%

34.05

37.47

33.92

BOQ9

Higher

Mar

31.60

34.15

30.00

34.08

98%

88%

34.15

37.67

34.08

CN9

Higher

Mar

368.50

416.00

354.75

414.75

98%

91%

416.00

439.91

414.75

CU9

Higher

Mar

377.75

425.00

363.50

424.00

98%

93%

425.00

452.10

424.00

KWU9

Higher

Mar

577.75

632.00

559.50

595.50

50%

85%

632.00

683.00

595.50

KWZ9

Higher

Mar

592.25

648.00

573.50

611.25

51%

85%

648.00

695.88

611.25

OZ9

Higher

Mar

225.50

235.25

214.00

226.00

56%

88%

235.25

253.84

226.00

RRU9

Higher

Mar

12.11

12.62

11.40

12.12

59%

92%

12.62

13.82

12.12

LCM9

Lower

Mar

83.900

83.835

79.975

81.700

45%

90%

79.975

74.371

81.700

LCQ9

Lower

Mar

84.230

84.900

80.950

82.450

38%

90%

80.950

76.512

82.450

FCQ9

Lower

Mar

98.700

100.030

95.000

96.835

36%

84%

95.000

89.483

96.835

DJIA Index: The #DJ(Mkt) ended Higher(Cond) for March(Month). Compared to February's 7063.00(Prev Close), the market ended March at 7609.00(Month Close), that being 78%(Pct Range) off of 6470.00(Month Low) to 7931.00(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 7931.00(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 8414.55(Average Objective).
Dow Jones Transportation: The #TRAN(Mkt) ended Higher(Cond) for March(Month). Compared to February's 2499.10(Prev Close), the market ended March at 2684.10(Month Close), that being 75%(Pct Range) off of 2134.20(Month Low) to 2866.40(Month High).

In comparing the February/March closes for each of the last 39 years(Total Years), Scenario found that the Dow Jones Transportation also closed higher in March than February in 25(Cond Years) of those years. Of those 25, the #TRAN 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 the #TRAN should exceed 2866.40(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 3106.61(Average Objective).
Dow Jones Utilities: The #UTIL(Mkt) ended Higher(Cond) for March(Month). Compared to February's 323.97(Prev Close), the market ended March at 329.37(Month Close), that being 78%(Pct Range) off of 288.66(Month Low) to 340.82(Month High).

In comparing the February/March closes for each of the last 39 years(Total Years), Scenario found that the Dow Jones Utilities also closed higher in March than February in 20(Cond Years) of those years. Of those 20, the #UTIL 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 the #UTIL should exceed 340.82(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 355.93(Average Objective).
S & P 100(OEX): The #OEX(Mkt) ended Higher(Cond) for March(Month). Compared to February's 348.20(Prev Close), the market ended March at 377.35(Month Close), that being 79%(Pct Range) off of 317.35(Month Low) to 393.10(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in March than February in 16(Cond Years) of those years. Of those 16, the #OEX 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 the #OEX should exceed 393.10(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 413.63(Average Objective).
Russell 2000 Index: The #RUT(Mkt) ended Higher(Cond) for March(Month). Compared to February's 389.00(Prev Close), the market ended March at 422.75(Month Close), that being 78%(Pct Range) off of 342.55(Month Low) to 445.30(Month High).

In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in March than February in 20(Cond Years) of those years. Of those 20, the #RUT went on to exceed the March high within the next 2 months in 20 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #RUT should exceed 445.30(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 467.27(Average Objective).
Value Line Index: The #VLE(Mkt) ended Higher(Cond) for March(Month). Compared to February's 1137.60(Prev Close), the market ended March at 1296.90(Month Close), that being 80%(Pct Range) off of 992.50(Month Low) to 1372.00(Month High).

In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the Value Line Index also closed higher in March than February in 18(Cond Years) of those years. Of those 18, the #VLE 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 #VLE should exceed 1372.00(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 1438.30(Average Objective).
Nikkei 225 Index: The #SSNI(Mkt) ended Higher(Cond) for March(Month). Compared to February's 7568(Prev Close), the market ended March at 8110(Month Close), that being 60%(Pct Range) off of 7021(Month Low) to 8843(Month High).

In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in March than February in 15(Cond Years) of those years. Of those 15, the #SSNI 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 the #SSNI should exceed 8843(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 9318(Average Objective).
June Japanese Yen(CME): The JYM9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 102.42(Prev Close), the market ended March at 101.04(Month Close), that being 8%(Pct Range) off of 100.54(Month Low) to 107.03(Month High).

In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the June Japanese Yen(CME) also closed lower in March than February in 16(Cond Years) of those years. Of those 16, JYM went on to penetrate the March low within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the JYM should penetrate 100.54(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 97.30(Average Objective).
June US Dollar Index(ICE): The DXM9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 88.740(Prev Close), the market ended March at 85.895(Month Close), that being 38%(Pct Range) off of 83.145(Month Low) to 90.305(Month High).

In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the June US Dollar Index(ICE) also closed lower in March than February in 12(Cond Years) of those years. Of those 12, DXM went on to penetrate the March low within the next 2 months in 12 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the DXM should penetrate 83.145(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 80.481(Average Objective).
June Gold(CMX): The GCM9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 944.5(Prev Close), the market ended March at 925.0(Month Close), that being 47%(Pct Range) off of 885.0(Month Low) to 970.0(Month High).

In comparing the February/March closes for each of the last 34 years(Total Years), Scenario found that the June Gold(CMX) also closed lower in March than February in 22(Cond Years) of those years. Of those 22, GCM went on to penetrate the March low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the GCM should penetrate 885.0(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 844.3(Average Objective).
July Crude Oil(NYM): The CLN9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 48.98(Prev Close), the market ended March at 52.85(Month Close), that being 65%(Pct Range) off of 44.73(Month Low) to 57.29(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed higher in March than February in 17(Cond Years) of those years. Of those 17, CLN 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 CLN should exceed 57.29(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 61.77(Average Objective).
August Crude Oil(NYM): The CLQ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 49.82(Prev Close), the market ended March at 53.93(Month Close), that being 65%(Pct Range) off of 45.65(Month Low) to 58.40(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, CLQ went on to exceed the March high within the next 2 months in 16 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the CLQ should exceed 58.40(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 63.09(Average Objective).
July Heating Oil(NYM): The HON9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 132.53(Prev Close), the market ended March at 142.34(Month Close), that being 62%(Pct Range) off of 120.21(Month Low) to 156.14(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed higher in March than February in 21(Cond Years) of those years. Of those 21, HON 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 HON should exceed 156.14(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 170.12(Average Objective).
August Heating Oil(NYM): The HOQ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 135.58(Prev Close), the market ended March at 145.39(Month Close), that being 62%(Pct Range) off of 123.51(Month Low) to 158.63(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed higher in March than February in 21(Cond Years) of those years. Of those 21, HOQ 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 HOQ should exceed 158.63(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 172.37(Average Objective).
July Gasoline(NYMEX): The RBN9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 135.85(Prev Close), the market ended March at 143.89(Month Close), that being 59%(Pct Range) off of 126.00(Month Low) to 156.37(Month High).

In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the July Gasoline(NYMEX) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, RBN went on to exceed the March high within the next 2 months in 16 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the RBN should exceed 156.37(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 170.65(Average Objective).
August Gasoline(NYMEX): The RBQ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 135.20(Prev Close), the market ended March at 144.45(Month Close), that being 61%(Pct Range) off of 124.93(Month Low) to 156.67(Month High).

In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the August Gasoline(NYMEX) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, RBQ 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 RBQ should exceed 156.67(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 169.42(Average Objective).
July Natural Gas(NYM): The NGN9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 4.545(Prev Close), the market ended March at 4.061(Month Close), that being 17%(Pct Range) off of 3.930(Month Low) to 4.721(Month High).

In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the July Natural Gas(NYM) also closed lower in March than February in 4(Cond Years) of those years. Of those 4, NGN went on to penetrate the March low within the next 2 months in 4 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGN should penetrate 3.930(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 4 years) a potential move toward 3.572(Average Objective).
August Natural Gas(NYM): The NGQ9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 4.626(Prev Close), the market ended March at 4.161(Month Close), that being 17%(Pct Range) off of 4.030(Month Low) to 4.820(Month High).

In comparing the February/March closes for each of the last 18 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed lower in March than February in 4(Cond Years) of those years. Of those 4, NGQ went on to penetrate the March low within the next 2 months in 4 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGQ should penetrate 4.030(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 4 years) a potential move toward 3.721(Average Objective).
November Soybeans(CBOT): The SX9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 827.50(Prev Close), the market ended March at 892.00(Month Close), that being 83%(Pct Range) off of 784.00(Month Low) to 914.75(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed higher in March than February in 23(Cond Years) of those years. Of those 23, SX went on to exceed the March high within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the SX should exceed 914.75(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 964.04(Average Objective).
July Soybean Oil(CBOT): The BON9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 31.44(Prev Close), the market ended March at 33.92(Month Close), that being 97%(Pct Range) off of 30.00(Month Low) to 34.05(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 20 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the BON should exceed 34.05(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 37.47(Average Objective).
August Soybean Oil(CBOT): The BOQ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 31.60(Prev Close), the market ended March at 34.08(Month Close), that being 98%(Pct Range) off of 30.00(Month Low) to 34.15(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 24(Cond Years) of those years. Of those 24, BOQ 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 BOQ should exceed 34.15(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 37.67(Average Objective).
July Corn(CBOT): The CN9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 368.50(Prev Close), the market ended March at 414.75(Month Close), that being 98%(Pct Range) off of 354.75(Month Low) to 416.00(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the July Corn(CBOT) also closed higher in March than February in 23(Cond Years) of those years. Of those 23, CN 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 CN should exceed 416.00(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 439.91(Average Objective).
September Corn(CBOT): The CU9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 377.75(Prev Close), the market ended March at 424.00(Month Close), that being 98%(Pct Range) off of 363.50(Month Low) to 425.00(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 27(Cond Years) of those years. Of those 27, CU went on to exceed the March high within the next 2 months in 25 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the CU should exceed 425.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 25 years) a potential move toward 452.10(Average Objective).
September Wheat(KCBT): The KWU9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 577.75(Prev Close), the market ended March at 595.50(Month Close), that being 50%(Pct Range) off of 559.50(Month Low) to 632.00(Month High).

In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the September Wheat(KCBT) also closed higher in March than February in 13(Cond Years) of those years. Of those 13, KWU went on to exceed the March high within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the KWU should exceed 632.00(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 683.00(Average Objective).
December Wheat(KCBT): The KWZ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 592.25(Prev Close), the market ended March at 611.25(Month Close), that being 51%(Pct Range) off of 573.50(Month Low) to 648.00(Month High).

In comparing the February/March closes for each of the last 31 years(Total Years), Scenario found that the December Wheat(KCBT) also closed higher in March than February in 13(Cond Years) of those years. Of those 13, KWZ went on to exceed the March high within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the KWZ should exceed 648.00(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 695.88(Average Objective).
December Oats(CBOT): The OZ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 225.50(Prev Close), the market ended March at 226.00(Month Close), that being 56%(Pct Range) off of 214.00(Month Low) to 235.25(Month High).

In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the December Oats(CBOT) also closed higher in March than February in 16(Cond Years) of those years. Of those 16, OZ 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 OZ should exceed 235.25(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 253.84(Average Objective).
September Rough Rice(CBOT): The RRU9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 12.11(Prev Close), the market ended March at 12.12(Month Close), that being 59%(Pct Range) off of 11.40(Month Low) to 12.62(Month High).

In comparing the February/March closes for each of the last 22 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed higher in March than February in 12(Cond Years) of those years. Of those 12, RRU went on to exceed the March high within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the RRU should exceed 12.62(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 13.82(Average Objective).
June Live Cattle(CME): The LCM9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 83.900(Prev Close), the market ended March at 81.700(Month Close), that being 45%(Pct Range) off of 79.975(Month Low) to 83.835(Month High).

In comparing the February/March closes for each of the last 44 years(Total Years), Scenario found that the June Live Cattle(CME) also closed lower in March than February in 20(Cond Years) of those years. Of those 20, LCM 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 LCM should penetrate 79.975(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 74.371(Average Objective).
August Live Cattle(CME): The LCQ9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 84.230(Prev Close), the market ended March at 82.450(Month Close), that being 38%(Pct Range) off of 80.950(Month Low) to 84.900(Month High).

In comparing the February/March closes for each of the last 44 years(Total Years), Scenario found that the August Live Cattle(CME) also closed lower in March than February in 20(Cond Years) of those years. Of those 20, LCQ 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 LCQ should penetrate 80.950(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 76.512(Average Objective).
August Feeder Cattle(CME): The FCQ9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 98.700(Prev Close), the market ended March at 96.835(Month Close), that being 36%(Pct Range) off of 95.000(Month Low) to 100.030(Month High).

In comparing the February/March closes for each of the last 36 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed lower in March than February in 19(Cond Years) of those years. Of those 19, FCQ 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 FCQ should penetrate 95.000(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 89.483(Average Objective).

Moore Research Center, Inc.

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