|
MRCI's ScenarioSM Summary |
|
ScenarioSM Summary Mar 31, 2010 |
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 |
10325.00 |
10955.00 |
10377.00 |
10857.00 |
83% |
45 |
28 |
24 |
86% |
10955.00 |
11692.59 |
10857.00 |
#TRAN |
Higher |
Mar |
4134.60 |
4439.20 |
4129.00 |
4374.60 |
79% |
40 |
26 |
22 |
85% |
4439.20 |
4848.52 |
4374.60 |
#UTIL |
Higher |
Mar |
367.39 |
384.67 |
367.34 |
378.82 |
66% |
40 |
21 |
19 |
90% |
384.67 |
402.91 |
378.82 |
#RUT |
Higher |
Mar |
628.55 |
693.30 |
628.55 |
678.65 |
77% |
31 |
21 |
21 |
100% |
693.30 |
733.92 |
678.65 |
#VLE |
Higher |
Mar |
2296.00 |
2511.10 |
2301.10 |
2478.00 |
84% |
27 |
19 |
18 |
95% |
2511.10 |
2663.02 |
2478.00 |
#SSNI |
Higher |
Mar |
10126 |
11148 |
10117 |
11090 |
94% |
28 |
16 |
16 |
100% |
11148 |
11866 |
11090 |
JYM0 |
Lower |
Mar |
112.59 |
113.50 |
106.83 |
107.03 |
3% |
33 |
17 |
15 |
88% |
106.83 |
103.46 |
107.03 |
DXM0 |
Higher |
Mar |
80.755 |
82.520 |
79.730 |
81.290 |
56% |
24 |
11 |
10 |
91% |
82.520 |
85.151 |
81.290 |
GCM0 |
Lower |
Mar |
1120.1 |
1146.6 |
1086.1 |
1114.5 |
47% |
35 |
23 |
20 |
87% |
1086.1 |
1035.8 |
1114.5 |
GCQ0 |
Lower |
Mar |
1121.1 |
1147.3 |
1087.8 |
1115.7 |
47% |
35 |
23 |
20 |
87% |
1087.8 |
1037.5 |
1115.7 |
CLN0 |
Higher |
Mar |
80.71 |
84.65 |
79.24 |
84.57 |
99% |
26 |
18 |
16 |
89% |
84.65 |
92.98 |
84.57 |
CLQ0 |
Higher |
Mar |
81.01 |
84.84 |
79.56 |
84.84 |
100% |
26 |
19 |
16 |
84% |
84.84 |
93.41 |
84.84 |
HON0 |
Higher |
Mar |
208.31 |
221.01 |
205.01 |
220.76 |
98% |
30 |
22 |
21 |
95% |
221.01 |
243.75 |
220.76 |
HOQ0 |
Higher |
Mar |
210.18 |
222.61 |
206.80 |
222.55 |
100% |
30 |
22 |
21 |
95% |
222.61 |
244.63 |
222.55 |
RBN0 |
Higher |
Mar |
218.62 |
229.57 |
214.14 |
229.38 |
99% |
24 |
19 |
17 |
89% |
229.57 |
254.82 |
229.38 |
RBQ0 |
Higher |
Mar |
217.76 |
228.34 |
213.50 |
228.34 |
100% |
24 |
19 |
18 |
95% |
228.34 |
250.68 |
228.34 |
NGN0 |
Lower |
Mar |
5.043 |
5.085 |
4.035 |
4.082 |
4% |
19 |
5 |
5 |
100% |
4.035 |
3.598 |
4.082 |
NGQ0 |
Lower |
Mar |
5.107 |
5.139 |
4.117 |
4.163 |
5% |
19 |
5 |
5 |
100% |
4.117 |
3.725 |
4.163 |
BOQ0 |
Lower |
Mar |
40.30 |
41.64 |
38.72 |
38.96 |
8% |
45 |
20 |
17 |
85% |
38.72 |
36.20 |
38.96 |
CU0 |
Lower |
Mar |
406.00 |
409.00 |
365.25 |
366.00 |
2% |
45 |
16 |
15 |
94% |
365.25 |
341.49 |
366.00 |
CZ0 |
Lower |
Mar |
413.00 |
415.50 |
375.25 |
376.25 |
2% |
45 |
18 |
16 |
89% |
375.25 |
351.92 |
376.25 |
MWN0 |
Lower |
Mar |
541.00 |
543.50 |
492.50 |
493.00 |
1% |
29 |
15 |
13 |
87% |
492.50 |
470.04 |
493.00 |
LCQ0 |
Higher |
Mar |
88.835 |
93.600 |
88.750 |
91.530 |
57% |
45 |
23 |
20 |
87% |
93.600 |
100.489 |
91.530 |
LCV0 |
Higher |
Mar |
91.550 |
95.100 |
91.335 |
94.335 |
80% |
45 |
21 |
18 |
86% |
95.100 |
99.643 |
94.335 |
FCU0 |
Higher |
Mar |
104.780 |
113.900 |
104.750 |
113.850 |
99% |
37 |
16 |
14 |
88% |
113.900 |
119.364 |
113.850 |
LEM0 |
Higher |
Mar |
81.400 |
84.250 |
77.800 |
82.900 |
79% |
40 |
22 |
20 |
91% |
84.250 |
92.635 |
82.900 |
LEN0 |
Higher |
Mar |
80.475 |
84.550 |
78.300 |
83.850 |
89% |
40 |
22 |
21 |
95% |
84.550 |
92.044 |
83.850 |
LEQ0 |
Higher |
Mar |
79.835 |
83.750 |
77.585 |
83.150 |
90% |
40 |
22 |
20 |
91% |
83.750 |
91.683 |
83.150 |
JOU0 |
Lower |
Mar |
147.55 |
156.00 |
138.50 |
139.30 |
5% |
42 |
19 |
17 |
89% |
138.50 |
128.25 |
139.30 |
- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 10325.00(Prev Close), the market ended March at 10857.00(Month Close),
that being 83%(Pct Range) off of
10377.00(Month Low) to 10955.00(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 10955.00(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 11692.59(Average Objective).
- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 4134.60(Prev Close), the market ended March at 4374.60(Month Close),
that being 79%(Pct Range) off of
4129.00(Month Low) to 4439.20(Month High).
In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the Dow Jones Transportation also closed
higher in March than February in 26(Cond Years) of those years.
Of those 26, the #TRAN went on to exceed the March high within the next 2 months in 22 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the the #TRAN should exceed 4439.20(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 4848.52(Average Objective).
- Dow Jones Utilities
- The #UTIL(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 367.39(Prev Close), the market ended March at 378.82(Month Close),
that being 66%(Pct Range) off of
367.34(Month Low) to 384.67(Month High).
In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the Dow Jones Utilities also closed
higher in March than February in 21(Cond Years) of those years.
Of those 21, the #UTIL 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 the #UTIL should exceed 384.67(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 402.91(Average Objective).
- Russell 2000 Index
- The #RUT(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 628.55(Prev Close), the market ended March at 678.65(Month Close),
that being 77%(Pct Range) off of
628.55(Month Low) to 693.30(Month High).
In comparing the February/March closes for each of the last 31 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in March than February in 21(Cond Years) of those years.
Of those 21, the #RUT went on to exceed the March high within the next 2 months in 21 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the the #RUT should exceed 693.30(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 733.92(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 2296.00(Prev Close), the market ended March at 2478.00(Month Close),
that being 84%(Pct Range) off of
2301.10(Month Low) to 2511.10(Month High).
In comparing the February/March closes for each of the last 27 years(Total Years), Scenario found that the Value Line Index also closed
higher in March than February in 19(Cond Years) of those years.
Of those 19, the #VLE went on to exceed the March high within the next 2 months in 18 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the the #VLE should exceed 2511.10(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 2663.02(Average Objective).
- Nikkei 225 Index
- The #SSNI(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 10126(Prev Close), the market ended March at 11090(Month Close),
that being 94%(Pct Range) off of
10117(Month Low) to 11148(Month High).
In comparing the February/March closes for each of the last 28 years(Total Years), Scenario found that the Nikkei 225 Index also closed
higher in March than February in 16(Cond Years) of those years.
Of those 16, the #SSNI went on to exceed the March high within the next 2 months in 16 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the the #SSNI should exceed 11148(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 11866(Average Objective).
- June Japanese Yen(CME)
- The JYM0(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 112.59(Prev Close), the market ended March at 107.03(Month Close),
that being 3%(Pct Range) off of
106.83(Month Low) to 113.50(Month High).
In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the June Japanese Yen(CME) also closed
lower in March than February in 17(Cond Years) of those years.
Of those 17, JYM 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 JYM should penetrate 106.83(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 103.46(Average Objective).
- June US Dollar Index(ICE)
- The DXM0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 80.755(Prev Close), the market ended March at 81.290(Month Close),
that being 56%(Pct Range) off of
79.730(Month Low) to 82.520(Month High).
In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the June US Dollar Index(ICE) also closed
higher in March than February in 11(Cond Years) of those years.
Of those 11, DXM went on to exceed the March high within the next 2 months in 10 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the DXM should exceed 82.520(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 10 years) a potential move
toward 85.151(Average Objective).
- June Gold(CMX)
- The GCM0(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 1120.1(Prev Close), the market ended March at 1114.5(Month Close),
that being 47%(Pct Range) off of
1086.1(Month Low) to 1146.6(Month High).
In comparing the February/March closes for each of the last 35 years(Total Years), Scenario found that the June Gold(CMX) also closed
lower in March than February in 23(Cond Years) of those years.
Of those 23, GCM went on to penetrate the March low within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.
Therefore, the historical odds are high that the GCM should penetrate 1086.1(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 1035.8(Average Objective).
- August Gold(CMX)
- The GCQ0(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 1121.1(Prev Close), the market ended March at 1115.7(Month Close),
that being 47%(Pct Range) off of
1087.8(Month Low) to 1147.3(Month High).
In comparing the February/March closes for each of the last 35 years(Total Years), Scenario found that the August Gold(CMX) also closed
lower in March than February in 23(Cond Years) of those years.
Of those 23, GCQ went on to penetrate the March low within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.
Therefore, the historical odds are high that the GCQ should penetrate 1087.8(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 1037.5(Average Objective).
- July Crude Oil(NYM)
- The CLN0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 80.71(Prev Close), the market ended March at 84.57(Month Close),
that being 99%(Pct Range) off of
79.24(Month Low) to 84.65(Month High).
In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed
higher in March than February in 18(Cond Years) of those years.
Of those 18, CLN 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 CLN should exceed 84.65(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 92.98(Average Objective).
- August Crude Oil(NYM)
- The CLQ0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 81.01(Prev Close), the market ended March at 84.84(Month Close),
that being 100%(Pct Range) off of
79.56(Month Low) to 84.84(Month High).
In comparing the February/March closes for each of the last 26 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed
higher in March than February in 19(Cond Years) of those years.
Of those 19, CLQ went on to exceed the March 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 CLQ should exceed 84.84(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 93.41(Average Objective).
- July Heating Oil(NYM)
- The HON0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 208.31(Prev Close), the market ended March at 220.76(Month Close),
that being 98%(Pct Range) off of
205.01(Month Low) to 221.01(Month High).
In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the July Heating Oil(NYM) also closed
higher in March than February in 22(Cond Years) of those years.
Of those 22, HON 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 HON should exceed 221.01(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 243.75(Average Objective).
- August Heating Oil(NYM)
- The HOQ0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 210.18(Prev Close), the market ended March at 222.55(Month Close),
that being 100%(Pct Range) off of
206.80(Month Low) to 222.61(Month High).
In comparing the February/March closes for each of the last 30 years(Total Years), Scenario found that the August Heating Oil(NYM) also closed
higher in March than February in 22(Cond Years) of those years.
Of those 22, HOQ 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 HOQ should exceed 222.61(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 244.63(Average Objective).
- July Gasoline(NYMEX)
- The RBN0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 218.62(Prev Close), the market ended March at 229.38(Month Close),
that being 99%(Pct Range) off of
214.14(Month Low) to 229.57(Month High).
In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the July Gasoline(NYMEX) also closed
higher in March than February in 19(Cond Years) of those years.
Of those 19, RBN went on to exceed the March high within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the RBN should exceed 229.57(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 254.82(Average Objective).
- August Gasoline(NYMEX)
- The RBQ0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 217.76(Prev Close), the market ended March at 228.34(Month Close),
that being 100%(Pct Range) off of
213.50(Month Low) to 228.34(Month High).
In comparing the February/March closes for each of the last 24 years(Total Years), Scenario found that the August Gasoline(NYMEX) also closed
higher in March than February in 19(Cond Years) of those years.
Of those 19, RBQ went on to exceed the March high within the next 2 months in 18 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the RBQ should exceed 228.34(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 250.68(Average Objective).
- July Natural Gas(NYM)
- The NGN0(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 5.043(Prev Close), the market ended March at 4.082(Month Close),
that being 4%(Pct Range) off of
4.035(Month Low) to 5.085(Month High).
In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the July Natural Gas(NYM) also closed
lower in March than February in 5(Cond Years) of those years.
Of those 5, NGN went on to penetrate the March low within the next 2 months in 5 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NGN should penetrate 4.035(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 3.598(Average Objective).
- August Natural Gas(NYM)
- The NGQ0(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 5.107(Prev Close), the market ended March at 4.163(Month Close),
that being 5%(Pct Range) off of
4.117(Month Low) to 5.139(Month High).
In comparing the February/March closes for each of the last 19 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed
lower in March than February in 5(Cond Years) of those years.
Of those 5, NGQ went on to penetrate the March low within the next 2 months in 5 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NGQ should penetrate 4.117(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 5 years) a potential move
toward 3.725(Average Objective).
- August Soybean Oil(CBOT)
- The BOQ0(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 40.30(Prev Close), the market ended March at 38.96(Month Close),
that being 8%(Pct Range) off of
38.72(Month Low) to 41.64(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
lower in March than February in 20(Cond Years) of those years.
Of those 20, BOQ went on to penetrate the March low within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the BOQ should penetrate 38.72(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 36.20(Average Objective).
- September Corn(CBOT)
- The CU0(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 406.00(Prev Close), the market ended March at 366.00(Month Close),
that being 2%(Pct Range) off of
365.25(Month Low) to 409.00(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
lower in March than February in 16(Cond Years) of those years.
Of those 16, CU went on to penetrate the March low within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the CU should penetrate 365.25(Scenario Objective) by no later than the end of May.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 341.49(Average Objective).
- December Corn(CBOT)
- The CZ0(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 413.00(Prev Close), the market ended March at 376.25(Month Close),
that being 2%(Pct Range) off of
375.25(Month Low) to 415.50(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 18(Cond Years) of those years.
Of those 18, CZ went on to penetrate the March low within the next 2 months in 16 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the CZ should penetrate 375.25(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 351.92(Average Objective).
- July Wheat(MGE)
- The MWN0(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 541.00(Prev Close), the market ended March at 493.00(Month Close),
that being 1%(Pct Range) off of
492.50(Month Low) to 543.50(Month High).
In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the July Wheat(MGE) also closed
lower in March than February in 15(Cond Years) of those years.
Of those 15, MWN 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 MWN should penetrate 492.50(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 470.04(Average Objective).
- August Live Cattle(CME)
- The LCQ0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 88.835(Prev Close), the market ended March at 91.530(Month Close),
that being 57%(Pct Range) off of
88.750(Month Low) to 93.600(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
higher in March than February in 23(Cond Years) of those years.
Of those 23, LCQ 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 LCQ should exceed 93.600(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 100.489(Average Objective).
- October Live Cattle(CME)
- The LCV0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 91.550(Prev Close), the market ended March at 94.335(Month Close),
that being 80%(Pct Range) off of
91.335(Month Low) to 95.100(Month High).
In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the October Live Cattle(CME) also closed
higher in March than February in 21(Cond Years) of those years.
Of those 21, LCV 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 LCV should exceed 95.100(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 99.643(Average Objective).
- September Feeder Cattle(CME)
- The FCU0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 104.780(Prev Close), the market ended March at 113.850(Month Close),
that being 99%(Pct Range) off of
104.750(Month Low) to 113.900(Month High).
In comparing the February/March closes for each of the last 37 years(Total Years), Scenario found that the September Feeder Cattle(CME) also closed
higher in March than February in 16(Cond Years) of those years.
Of those 16, FCU 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 FCU should exceed 113.900(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 119.364(Average Objective).
- June Lean Hogs(CME)
- The LEM0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 81.400(Prev Close), the market ended March at 82.900(Month Close),
that being 79%(Pct Range) off of
77.800(Month Low) to 84.250(Month High).
In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed
higher in March than February in 22(Cond Years) of those years.
Of those 22, LEM 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 LEM should exceed 84.250(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 92.635(Average Objective).
- July Lean Hogs(CME)
- The LEN0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 80.475(Prev Close), the market ended March at 83.850(Month Close),
that being 89%(Pct Range) off of
78.300(Month Low) to 84.550(Month High).
In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed
higher in March than February in 22(Cond Years) of those years.
Of those 22, LEN 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 LEN should exceed 84.550(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 92.044(Average Objective).
- August Lean Hogs(CME)
- The LEQ0(Mkt) ended Higher(Cond) for
March(Month). Compared to February's 79.835(Prev Close), the market ended March at 83.150(Month Close),
that being 90%(Pct Range) off of
77.585(Month Low) to 83.750(Month High).
In comparing the February/March closes for each of the last 40 years(Total Years), Scenario found that the August Lean Hogs(CME) also closed
higher in March than February in 22(Cond Years) of those years.
Of those 22, LEQ 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 LEQ should exceed 83.750(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 91.683(Average Objective).
- September Orange Juice(ICE)
- The JOU0(Mkt) ended Lower(Cond) for
March(Month). Compared to February's 147.55(Prev Close), the market ended March at 139.30(Month Close),
that being 5%(Pct Range) off of
138.50(Month Low) to 156.00(Month High).
In comparing the February/March closes for each of the last 42 years(Total Years), Scenario found that the September Orange Juice(ICE) also closed
lower in March than February in 19(Cond Years) of those years.
Of those 19, JOU went on to penetrate the March low within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the JOU should penetrate 138.50(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 128.25(Average Objective).
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