MRCI's Scenario Summary

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MRCI's Scenario^SM Summary

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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% 45 28 24 86% 7931.00 8414.55 7609.00

#TRAN Higher Mar 2499.10 2866.40 2134.20 2684.10 75% 39 25 21 84% 2866.40 3106.61 2684.10

#UTIL Higher Mar 323.97 340.82 288.66 329.37 78% 39 20 18 90% 340.82 355.93 329.37

#OEX Higher Mar 348.20 393.10 317.35 377.35 79% 25 16 14 88% 393.10 413.63 377.35

#RUT Higher Mar 389.00 445.30 342.55 422.75 78% 30 20 20 100% 445.30 467.27 422.75

#VLE Higher Mar 1137.60 1372.00 992.50 1296.90 80% 26 18 17 94% 1372.00 1438.30 1296.90

#SSNI Higher Mar 7568 8843 7021 8110 60% 27 15 15 100% 8843 9318 8110

JYM9 Lower Mar 102.42 107.03 100.54 101.04 8% 32 16 14 88% 100.54 97.30 101.04

DXM9 Lower Mar 88.740 90.305 83.145 85.895 38% 23 12 12 100% 83.145 80.481 85.895

GCM9 Lower Mar 944.5 970.0 885.0 925.0 47% 34 22 19 86% 885.0 844.3 925.0

CLN9 Higher Mar 48.98 57.29 44.73 52.85 65% 25 17 16 94% 57.29 61.77 52.85

CLQ9 Higher Mar 49.82 58.40 45.65 53.93 65% 25 18 16 89% 58.40 63.09 53.93

HON9 Higher Mar 132.53 156.14 120.21 142.34 62% 29 21 20 95% 156.14 170.12 142.34

HOQ9 Higher Mar 135.58 158.63 123.51 145.39 62% 29 21 20 95% 158.63 172.37 145.39

RBN9 Higher Mar 135.85 156.37 126.00 143.89 59% 23 18 16 89% 156.37 170.65 143.89

RBQ9 Higher Mar 135.20 156.67 124.93 144.45 61% 23 18 17 94% 156.67 169.42 144.45

NGN9 Lower Mar 4.545 4.721 3.930 4.061 17% 18 4 4 100% 3.930 3.572 4.061

NGQ9 Lower Mar 4.626 4.820 4.030 4.161 17% 18 4 4 100% 4.030 3.721 4.161

SX9 Higher Mar 827.50 914.75 784.00 892.00 83% 45 23 20 87% 914.75 964.04 892.00

BON9 Higher Mar 31.44 34.05 30.00 33.92 97% 45 22 20 91% 34.05 37.47 33.92

BOQ9 Higher Mar 31.60 34.15 30.00 34.08 98% 45 24 21 88% 34.15 37.67 34.08

CN9 Higher Mar 368.50 416.00 354.75 414.75 98% 45 23 21 91% 416.00 439.91 414.75

CU9 Higher Mar 377.75 425.00 363.50 424.00 98% 45 27 25 93% 425.00 452.10 424.00

KWU9 Higher Mar 577.75 632.00 559.50 595.50 50% 32 13 11 85% 632.00 683.00 595.50

KWZ9 Higher Mar 592.25 648.00 573.50 611.25 51% 31 13 11 85% 648.00 695.88 611.25

OZ9 Higher Mar 225.50 235.25 214.00 226.00 56% 33 16 14 88% 235.25 253.84 226.00

RRU9 Higher Mar 12.11 12.62 11.40 12.12 59% 22 12 11 92% 12.62 13.82 12.12

LCM9 Lower Mar 83.900 83.835 79.975 81.700 45% 44 20 18 90% 79.975 74.371 81.700

LCQ9 Lower Mar 84.230 84.900 80.950 82.450 38% 44 20 18 90% 80.950 76.512 82.450

FCQ9 Lower Mar 98.700 100.030 95.000 96.835 36% 36 19 16 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).

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