|
MRCI's ScenarioSM Summary |
|
ScenarioSM Summary Jun 30, 2013 |
Historical Data |
Scenario Data |
Current Market Data |
Mkt |
Cond |
Month |
Prev Close |
Month High |
Month Low |
Month Close |
Pct Range |
Total Years |
Cond Years |
Action Years |
Pct |
Scenario Objective |
Average Objective |
Last Price |
#DJ |
Lower |
Jun |
15116.00 |
15340.00 |
14551.00 |
14910.00 |
46% |
45 |
24 |
21 |
88% |
14551.00 |
13823.41 |
14910.00 |
#UTIL |
Higher |
Jun |
482.16 |
491.45 |
462.66 |
485.90 |
81% |
43 |
23 |
20 |
87% |
491.45 |
513.04 |
485.90 |
#RUT |
Lower |
Jun |
984.15 |
1001.50 |
942.80 |
977.50 |
59% |
34 |
13 |
11 |
85% |
942.80 |
858.40 |
977.50 |
#SSNI |
Lower |
Jun |
13775 |
13724 |
12416 |
13677 |
96% |
31 |
13 |
11 |
85% |
12416 |
11368 |
13677 |
SFU3 |
Higher |
Jun |
104.31 |
109.62 |
104.01 |
106.04 |
36% |
38 |
20 |
17 |
85% |
109.62 |
116.18 |
106.04 |
BPU3 |
Higher |
Jun |
151.71 |
157.43 |
151.57 |
152.04 |
8% |
38 |
22 |
19 |
86% |
157.43 |
163.01 |
152.04 |
DXU3 |
Lower |
Jun |
83.670 |
83.670 |
80.615 |
83.375 |
90% |
27 |
15 |
14 |
93% |
80.615 |
77.948 |
83.375 |
CLV3 |
Higher |
Jun |
92.12 |
98.93 |
91.54 |
95.81 |
58% |
30 |
14 |
13 |
93% |
98.93 |
108.14 |
95.81 |
CLX3 |
Higher |
Jun |
91.74 |
98.41 |
91.22 |
95.10 |
54% |
30 |
14 |
14 |
100% |
98.41 |
106.90 |
95.10 |
CLZ3 |
Higher |
Jun |
91.28 |
97.78 |
90.69 |
94.38 |
52% |
30 |
14 |
14 |
100% |
97.78 |
105.90 |
94.38 |
CLF4 |
Higher |
Jun |
90.83 |
97.14 |
90.35 |
93.64 |
48% |
29 |
13 |
13 |
100% |
97.14 |
104.98 |
93.64 |
CLG4 |
Higher |
Jun |
90.41 |
96.55 |
89.93 |
92.93 |
45% |
29 |
13 |
13 |
100% |
96.55 |
103.93 |
92.93 |
HOV3 |
Higher |
Jun |
281.07 |
299.53 |
280.00 |
286.71 |
34% |
33 |
15 |
15 |
100% |
299.53 |
329.35 |
286.71 |
HOX3 |
Higher |
Jun |
281.93 |
299.59 |
280.59 |
286.92 |
33% |
34 |
16 |
16 |
100% |
299.59 |
327.91 |
286.92 |
HOZ3 |
Higher |
Jun |
282.61 |
300.37 |
281.83 |
287.07 |
28% |
34 |
16 |
16 |
100% |
300.37 |
327.92 |
287.07 |
HOF4 |
Higher |
Jun |
283.47 |
300.28 |
284.12 |
287.44 |
21% |
34 |
16 |
16 |
100% |
300.28 |
326.60 |
287.44 |
HOG4 |
Higher |
Jun |
283.95 |
300.24 |
284.00 |
287.37 |
21% |
34 |
16 |
16 |
100% |
300.24 |
326.51 |
287.37 |
RBV3 |
Higher |
Jun |
257.50 |
274.60 |
254.71 |
258.35 |
18% |
28 |
14 |
14 |
100% |
274.60 |
298.45 |
258.35 |
RBX3 |
Higher |
Jun |
254.67 |
271.10 |
252.22 |
255.85 |
19% |
28 |
12 |
12 |
100% |
271.10 |
293.23 |
255.85 |
RBZ3 |
Higher |
Jun |
252.78 |
268.73 |
250.54 |
254.29 |
21% |
28 |
12 |
12 |
100% |
268.73 |
289.41 |
254.29 |
RBF4 |
Higher |
Jun |
252.15 |
267.68 |
250.15 |
253.84 |
21% |
27 |
12 |
12 |
100% |
267.68 |
286.43 |
253.84 |
RBG4 |
Higher |
Jun |
252.60 |
267.50 |
251.09 |
254.24 |
19% |
25 |
13 |
13 |
100% |
267.50 |
288.52 |
254.24 |
NGV3 |
Lower |
Jun |
4.010 |
4.056 |
3.542 |
3.572 |
6% |
23 |
13 |
11 |
85% |
3.542 |
2.977 |
3.572 |
NGX3 |
Lower |
Jun |
4.084 |
4.127 |
3.620 |
3.646 |
5% |
23 |
13 |
11 |
85% |
3.620 |
3.198 |
3.646 |
NGZ3 |
Lower |
Jun |
4.238 |
4.282 |
3.792 |
3.813 |
4% |
23 |
14 |
12 |
86% |
3.792 |
3.415 |
3.813 |
NGF4 |
Lower |
Jun |
4.318 |
4.360 |
3.878 |
3.899 |
4% |
23 |
13 |
11 |
85% |
3.878 |
3.508 |
3.899 |
ITCOV3 |
Higher |
Jun |
99.58 |
105.93 |
98.90 |
101.26 |
34% |
23 |
11 |
11 |
100% |
105.93 |
116.90 |
101.26 |
ITCOX3 |
Higher |
Jun |
99.30 |
105.52 |
98.65 |
100.85 |
32% |
23 |
11 |
11 |
100% |
105.52 |
116.18 |
100.85 |
ITCOZ3 |
Higher |
Jun |
99.02 |
105.19 |
98.31 |
100.46 |
31% |
23 |
11 |
11 |
100% |
105.19 |
115.50 |
100.46 |
ITCOF4 |
Higher |
Jun |
98.76 |
104.76 |
98.07 |
100.10 |
30% |
21 |
11 |
11 |
100% |
104.76 |
114.33 |
100.10 |
ITCOG4 |
Higher |
Jun |
98.52 |
104.40 |
97.82 |
99.78 |
30% |
21 |
11 |
11 |
100% |
104.40 |
113.71 |
99.78 |
SX3 |
Lower |
Jun |
1304.25 |
1333.00 |
1250.50 |
1252.00 |
2% |
45 |
24 |
23 |
96% |
1250.50 |
1144.21 |
1252.00 |
SF4 |
Lower |
Jun |
1310.00 |
1337.00 |
1255.50 |
1256.75 |
2% |
45 |
24 |
22 |
92% |
1255.50 |
1148.97 |
1256.75 |
SH4 |
Lower |
Jun |
1310.25 |
1336.50 |
1253.00 |
1256.50 |
4% |
45 |
24 |
22 |
92% |
1253.00 |
1153.15 |
1256.50 |
BOU3 |
Lower |
Jun |
48.21 |
49.07 |
45.27 |
45.91 |
17% |
45 |
25 |
23 |
92% |
45.27 |
40.81 |
45.91 |
BOV3 |
Lower |
Jun |
47.94 |
48.60 |
44.81 |
45.44 |
17% |
45 |
26 |
24 |
92% |
44.81 |
40.43 |
45.44 |
BOZ3 |
Lower |
Jun |
47.81 |
48.36 |
44.60 |
45.12 |
14% |
45 |
24 |
22 |
92% |
44.60 |
40.30 |
45.12 |
BOF4 |
Lower |
Jun |
47.74 |
48.27 |
44.55 |
45.10 |
15% |
45 |
24 |
21 |
88% |
44.55 |
40.27 |
45.10 |
BOH4 |
Lower |
Jun |
47.81 |
48.26 |
44.58 |
45.19 |
17% |
45 |
23 |
20 |
87% |
44.58 |
40.56 |
45.19 |
SMU3 |
Lower |
Jun |
406.00 |
417.90 |
389.50 |
400.70 |
39% |
45 |
20 |
17 |
85% |
389.50 |
354.15 |
400.70 |
SMV3 |
Lower |
Jun |
387.40 |
400.40 |
373.10 |
376.80 |
14% |
45 |
22 |
19 |
86% |
373.10 |
337.12 |
376.80 |
SMF4 |
Lower |
Jun |
385.70 |
400.40 |
372.20 |
374.40 |
8% |
45 |
22 |
19 |
86% |
372.20 |
339.24 |
374.40 |
KWU3 |
Lower |
Jun |
760.00 |
766.00 |
686.25 |
691.00 |
6% |
37 |
23 |
20 |
87% |
686.25 |
633.36 |
691.00 |
LCV3 |
Higher |
Jun |
123.750 |
126.200 |
121.600 |
125.680 |
89% |
45 |
24 |
23 |
96% |
126.200 |
133.746 |
125.680 |
LCZ3 |
Higher |
Jun |
125.850 |
128.150 |
124.250 |
127.800 |
91% |
45 |
25 |
23 |
92% |
128.150 |
135.257 |
127.800 |
LCG4 |
Higher |
Jun |
127.230 |
129.050 |
125.400 |
128.780 |
93% |
45 |
28 |
26 |
93% |
129.050 |
135.589 |
128.780 |
FCU3 |
Higher |
Jun |
146.575 |
152.635 |
145.400 |
151.600 |
86% |
41 |
24 |
22 |
92% |
152.635 |
160.923 |
151.600 |
FCV3 |
Higher |
Jun |
148.135 |
154.250 |
147.235 |
153.150 |
84% |
41 |
23 |
22 |
96% |
154.250 |
163.074 |
153.150 |
FCX3 |
Higher |
Jun |
149.735 |
155.500 |
148.800 |
154.500 |
85% |
41 |
24 |
23 |
96% |
155.500 |
164.009 |
154.500 |
KCU3 |
Lower |
Jun |
129.15 |
131.80 |
117.10 |
120.40 |
22% |
39 |
30 |
27 |
90% |
117.10 |
102.66 |
120.40 |
KCZ3 |
Lower |
Jun |
132.60 |
135.25 |
120.50 |
123.35 |
19% |
39 |
30 |
27 |
90% |
120.50 |
106.83 |
123.35 |
SBV3 |
Higher |
Jun |
16.90 |
17.49 |
16.48 |
16.92 |
44% |
45 |
24 |
21 |
88% |
17.49 |
19.83 |
16.92 |
- DJIA Index
- The #DJ(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 15116.00(Prev Close), the market ended June at 14910.00(Month Close),
that being 46%(Pct Range) off of
14551.00(Month Low) to 15340.00(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed
lower in June than May in 24(Cond Years) of those years.
Of those 24, the #DJ went on to penetrate the June low within the next 2 months in 21 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should penetrate 14551.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 13823.41(Average Objective).
- Dow Jones Utilities
- The #UTIL(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 482.16(Prev Close), the market ended June at 485.90(Month Close),
that being 81%(Pct Range) off of
462.66(Month Low) to 491.45(Month High).
In comparing the May/June closes for each of the last 43 years(Total Years), Scenario found that the Dow Jones Utilities also closed
higher in June than May in 23(Cond Years) of those years.
Of those 23, the #UTIL went on to exceed the June 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 the #UTIL should exceed 491.45(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 513.04(Average Objective).
- Russell 2000 Index
- The #RUT(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 984.15(Prev Close), the market ended June at 977.50(Month Close),
that being 59%(Pct Range) off of
942.80(Month Low) to 1001.50(Month High).
In comparing the May/June closes for each of the last 34 years(Total Years), Scenario found that the Russell 2000 Index also closed
lower in June than May in 13(Cond Years) of those years.
Of those 13, the #RUT went on to penetrate the June 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 the #RUT should penetrate 942.80(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 858.40(Average Objective).
- Nikkei 225 Index
- The #SSNI(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 13775(Prev Close), the market ended June at 13677(Month Close),
that being 96%(Pct Range) off of
12416(Month Low) to 13724(Month High).
In comparing the May/June closes for each of the last 31 years(Total Years), Scenario found that the Nikkei 225 Index also closed
lower in June than May in 13(Cond Years) of those years.
Of those 13, the #SSNI went on to penetrate the June 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 the #SSNI should penetrate 12416(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 11368(Average Objective).
- September Swiss Franc(CME)
- The SFU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 104.31(Prev Close), the market ended June at 106.04(Month Close),
that being 36%(Pct Range) off of
104.01(Month Low) to 109.62(Month High).
In comparing the May/June closes for each of the last 38 years(Total Years), Scenario found that the September Swiss Franc(CME) also closed
higher in June than May in 20(Cond Years) of those years.
Of those 20, SFU went on to exceed the June 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 SFU should exceed 109.62(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 116.18(Average Objective).
- September British Pound(CME)
- The BPU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 151.71(Prev Close), the market ended June at 152.04(Month Close),
that being 8%(Pct Range) off of
151.57(Month Low) to 157.43(Month High).
In comparing the May/June closes for each of the last 38 years(Total Years), Scenario found that the September British Pound(CME) also closed
higher in June than May in 22(Cond Years) of those years.
Of those 22, BPU went on to exceed the June high within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the BPU should exceed 157.43(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 163.01(Average Objective).
- September US Dollar Index(ICE)
- The DXU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 83.670(Prev Close), the market ended June at 83.375(Month Close),
that being 90%(Pct Range) off of
80.615(Month Low) to 83.670(Month High).
In comparing the May/June closes for each of the last 27 years(Total Years), Scenario found that the September US Dollar Index(ICE) also closed
lower in June than May in 15(Cond Years) of those years.
Of those 15, DXU went on to penetrate the June low within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the DXU should penetrate 80.615(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 77.948(Average Objective).
- October Crude Oil(NYM)
- The CLV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 92.12(Prev Close), the market ended June at 95.81(Month Close),
that being 58%(Pct Range) off of
91.54(Month Low) to 98.93(Month High).
In comparing the May/June closes for each of the last 30 years(Total Years), Scenario found that the October Crude Oil(NYM) also closed
higher in June than May in 14(Cond Years) of those years.
Of those 14, CLV went on to exceed the June high within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the CLV should exceed 98.93(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 108.14(Average Objective).
- November Crude Oil(NYM)
- The CLX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 91.74(Prev Close), the market ended June at 95.10(Month Close),
that being 54%(Pct Range) off of
91.22(Month Low) to 98.41(Month High).
In comparing the May/June closes for each of the last 30 years(Total Years), Scenario found that the November Crude Oil(NYM) also closed
higher in June than May in 14(Cond Years) of those years.
Of those 14, CLX went on to exceed the June high within the next 2 months in 14 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the CLX should exceed 98.41(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 106.90(Average Objective).
- December Crude Oil(NYM)
- The CLZ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 91.28(Prev Close), the market ended June at 94.38(Month Close),
that being 52%(Pct Range) off of
90.69(Month Low) to 97.78(Month High).
In comparing the May/June closes for each of the last 30 years(Total Years), Scenario found that the December Crude Oil(NYM) also closed
higher in June than May in 14(Cond Years) of those years.
Of those 14, CLZ went on to exceed the June high within the next 2 months in 14 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the CLZ should exceed 97.78(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 105.90(Average Objective).
- January Crude Oil(NYM)
- The CLF4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 90.83(Prev Close), the market ended June at 93.64(Month Close),
that being 48%(Pct Range) off of
90.35(Month Low) to 97.14(Month High).
In comparing the May/June closes for each of the last 29 years(Total Years), Scenario found that the January Crude Oil(NYM) also closed
higher in June than May in 13(Cond Years) of those years.
Of those 13, CLF went on to exceed the June high within the next 2 months in 13 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the CLF should exceed 97.14(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 104.98(Average Objective).
- February Crude Oil(NYM)
- The CLG4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 90.41(Prev Close), the market ended June at 92.93(Month Close),
that being 45%(Pct Range) off of
89.93(Month Low) to 96.55(Month High).
In comparing the May/June closes for each of the last 29 years(Total Years), Scenario found that the February Crude Oil(NYM) also closed
higher in June than May in 13(Cond Years) of those years.
Of those 13, CLG went on to exceed the June high within the next 2 months in 13 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the CLG should exceed 96.55(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 103.93(Average Objective).
- October Heating Oil(NYM)
- The HOV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 281.07(Prev Close), the market ended June at 286.71(Month Close),
that being 34%(Pct Range) off of
280.00(Month Low) to 299.53(Month High).
In comparing the May/June closes for each of the last 33 years(Total Years), Scenario found that the October Heating Oil(NYM) also closed
higher in June than May in 15(Cond Years) of those years.
Of those 15, HOV went on to exceed the June 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 HOV should exceed 299.53(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 329.35(Average Objective).
- November Heating Oil(NYM)
- The HOX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 281.93(Prev Close), the market ended June at 286.92(Month Close),
that being 33%(Pct Range) off of
280.59(Month Low) to 299.59(Month High).
In comparing the May/June closes for each of the last 34 years(Total Years), Scenario found that the November Heating Oil(NYM) also closed
higher in June than May in 16(Cond Years) of those years.
Of those 16, HOX went on to exceed the June 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 HOX should exceed 299.59(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 327.91(Average Objective).
- December Heating Oil(NYM)
- The HOZ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 282.61(Prev Close), the market ended June at 287.07(Month Close),
that being 28%(Pct Range) off of
281.83(Month Low) to 300.37(Month High).
In comparing the May/June closes for each of the last 34 years(Total Years), Scenario found that the December Heating Oil(NYM) also closed
higher in June than May in 16(Cond Years) of those years.
Of those 16, HOZ went on to exceed the June 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 HOZ should exceed 300.37(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 327.92(Average Objective).
- January Heating Oil(NYM)
- The HOF4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 283.47(Prev Close), the market ended June at 287.44(Month Close),
that being 21%(Pct Range) off of
284.12(Month Low) to 300.28(Month High).
In comparing the May/June closes for each of the last 34 years(Total Years), Scenario found that the January Heating Oil(NYM) also closed
higher in June than May in 16(Cond Years) of those years.
Of those 16, HOF went on to exceed the June 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 HOF should exceed 300.28(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 326.60(Average Objective).
- February Heating Oil(NYM)
- The HOG4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 283.95(Prev Close), the market ended June at 287.37(Month Close),
that being 21%(Pct Range) off of
284.00(Month Low) to 300.24(Month High).
In comparing the May/June closes for each of the last 34 years(Total Years), Scenario found that the February Heating Oil(NYM) also closed
higher in June than May in 16(Cond Years) of those years.
Of those 16, HOG went on to exceed the June 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 HOG should exceed 300.24(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 326.51(Average Objective).
- October Gasoline(NYMEX)
- The RBV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 257.50(Prev Close), the market ended June at 258.35(Month Close),
that being 18%(Pct Range) off of
254.71(Month Low) to 274.60(Month High).
In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the October Gasoline(NYMEX) also closed
higher in June than May in 14(Cond Years) of those years.
Of those 14, RBV went on to exceed the June high within the next 2 months in 14 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the RBV should exceed 274.60(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 298.45(Average Objective).
- November Gasoline(NYMEX)
- The RBX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 254.67(Prev Close), the market ended June at 255.85(Month Close),
that being 19%(Pct Range) off of
252.22(Month Low) to 271.10(Month High).
In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the November Gasoline(NYMEX) also closed
higher in June than May in 12(Cond Years) of those years.
Of those 12, RBX went on to exceed the June high within the next 2 months in 12 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the RBX should exceed 271.10(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 293.23(Average Objective).
- December Gasoline(NYMEX)
- The RBZ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 252.78(Prev Close), the market ended June at 254.29(Month Close),
that being 21%(Pct Range) off of
250.54(Month Low) to 268.73(Month High).
In comparing the May/June closes for each of the last 28 years(Total Years), Scenario found that the December Gasoline(NYMEX) also closed
higher in June than May in 12(Cond Years) of those years.
Of those 12, RBZ went on to exceed the June high within the next 2 months in 12 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the RBZ should exceed 268.73(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 289.41(Average Objective).
- January Gasoline(NYMEX)
- The RBF4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 252.15(Prev Close), the market ended June at 253.84(Month Close),
that being 21%(Pct Range) off of
250.15(Month Low) to 267.68(Month High).
In comparing the May/June closes for each of the last 27 years(Total Years), Scenario found that the January Gasoline(NYMEX) also closed
higher in June than May in 12(Cond Years) of those years.
Of those 12, RBF went on to exceed the June high within the next 2 months in 12 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the RBF should exceed 267.68(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 286.43(Average Objective).
- February Gasoline(NYMEX)
- The RBG4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 252.60(Prev Close), the market ended June at 254.24(Month Close),
that being 19%(Pct Range) off of
251.09(Month Low) to 267.50(Month High).
In comparing the May/June closes for each of the last 25 years(Total Years), Scenario found that the February Gasoline(NYMEX) also closed
higher in June than May in 13(Cond Years) of those years.
Of those 13, RBG went on to exceed the June high within the next 2 months in 13 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the RBG should exceed 267.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 288.52(Average Objective).
- October Natural Gas(NYM)
- The NGV3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 4.010(Prev Close), the market ended June at 3.572(Month Close),
that being 6%(Pct Range) off of
3.542(Month Low) to 4.056(Month High).
In comparing the May/June closes for each of the last 23 years(Total Years), Scenario found that the October Natural Gas(NYM) also closed
lower in June than May in 13(Cond Years) of those years.
Of those 13, NGV went on to penetrate the June 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 NGV should penetrate 3.542(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 2.977(Average Objective).
- November Natural Gas(NYM)
- The NGX3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 4.084(Prev Close), the market ended June at 3.646(Month Close),
that being 5%(Pct Range) off of
3.620(Month Low) to 4.127(Month High).
In comparing the May/June closes for each of the last 23 years(Total Years), Scenario found that the November Natural Gas(NYM) also closed
lower in June than May in 13(Cond Years) of those years.
Of those 13, NGX went on to penetrate the June 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 NGX should penetrate 3.620(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 3.198(Average Objective).
- December Natural Gas(NYM)
- The NGZ3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 4.238(Prev Close), the market ended June at 3.813(Month Close),
that being 4%(Pct Range) off of
3.792(Month Low) to 4.282(Month High).
In comparing the May/June closes for each of the last 23 years(Total Years), Scenario found that the December Natural Gas(NYM) also closed
lower in June than May in 14(Cond Years) of those years.
Of those 14, NGZ went on to penetrate the June low within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the NGZ should penetrate 3.792(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 3.415(Average Objective).
- January Natural Gas(NYM)
- The NGF4(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 4.318(Prev Close), the market ended June at 3.899(Month Close),
that being 4%(Pct Range) off of
3.878(Month Low) to 4.360(Month High).
In comparing the May/June closes for each of the last 23 years(Total Years), Scenario found that the January Natural Gas(NYM) also closed
lower in June than May in 13(Cond Years) of those years.
Of those 13, NGF went on to penetrate the June 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 NGF should penetrate 3.878(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 3.508(Average Objective).
- October Brent Crude Oil(ICE)
- The ITCOV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 99.58(Prev Close), the market ended June at 101.26(Month Close),
that being 34%(Pct Range) off of
98.90(Month Low) to 105.93(Month High).
In comparing the May/June closes for each of the last 23 years(Total Years), Scenario found that the October Brent Crude Oil(ICE) also closed
higher in June than May in 11(Cond Years) of those years.
Of those 11, ITCOV went on to exceed the June high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the ITCOV should exceed 105.93(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 116.90(Average Objective).
- November Brent Crude Oil(ICE)
- The ITCOX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 99.30(Prev Close), the market ended June at 100.85(Month Close),
that being 32%(Pct Range) off of
98.65(Month Low) to 105.52(Month High).
In comparing the May/June closes for each of the last 23 years(Total Years), Scenario found that the November Brent Crude Oil(ICE) also closed
higher in June than May in 11(Cond Years) of those years.
Of those 11, ITCOX went on to exceed the June high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the ITCOX should exceed 105.52(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 116.18(Average Objective).
- December Brent Crude Oil(ICE)
- The ITCOZ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 99.02(Prev Close), the market ended June at 100.46(Month Close),
that being 31%(Pct Range) off of
98.31(Month Low) to 105.19(Month High).
In comparing the May/June closes for each of the last 23 years(Total Years), Scenario found that the December Brent Crude Oil(ICE) also closed
higher in June than May in 11(Cond Years) of those years.
Of those 11, ITCOZ went on to exceed the June high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the ITCOZ should exceed 105.19(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 115.50(Average Objective).
- January Brent Crude Oil(ICE)
- The ITCOF4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 98.76(Prev Close), the market ended June at 100.10(Month Close),
that being 30%(Pct Range) off of
98.07(Month Low) to 104.76(Month High).
In comparing the May/June closes for each of the last 21 years(Total Years), Scenario found that the January Brent Crude Oil(ICE) also closed
higher in June than May in 11(Cond Years) of those years.
Of those 11, ITCOF went on to exceed the June high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the ITCOF should exceed 104.76(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 114.33(Average Objective).
- February Brent Crude Oil(ICE)
- The ITCOG4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 98.52(Prev Close), the market ended June at 99.78(Month Close),
that being 30%(Pct Range) off of
97.82(Month Low) to 104.40(Month High).
In comparing the May/June closes for each of the last 21 years(Total Years), Scenario found that the February Brent Crude Oil(ICE) also closed
higher in June than May in 11(Cond Years) of those years.
Of those 11, ITCOG went on to exceed the June high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the ITCOG should exceed 104.40(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 113.71(Average Objective).
- November Soybeans(CBOT)
- The SX3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 1304.25(Prev Close), the market ended June at 1252.00(Month Close),
that being 2%(Pct Range) off of
1250.50(Month Low) to 1333.00(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed
lower in June than May in 24(Cond Years) of those years.
Of those 24, SX went on to penetrate the June low within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the SX should penetrate 1250.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 1144.21(Average Objective).
- January Soybeans(CBOT)
- The SF4(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 1310.00(Prev Close), the market ended June at 1256.75(Month Close),
that being 2%(Pct Range) off of
1255.50(Month Low) to 1337.00(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the January Soybeans(CBOT) also closed
lower in June than May in 24(Cond Years) of those years.
Of those 24, SF went on to penetrate the June low within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the SF should penetrate 1255.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 1148.97(Average Objective).
- March Soybeans(CBOT)
- The SH4(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 1310.25(Prev Close), the market ended June at 1256.50(Month Close),
that being 4%(Pct Range) off of
1253.00(Month Low) to 1336.50(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the March Soybeans(CBOT) also closed
lower in June than May in 24(Cond Years) of those years.
Of those 24, SH went on to penetrate the June low within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the SH should penetrate 1253.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 1153.15(Average Objective).
- September Soybean Oil(CBOT)
- The BOU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 48.21(Prev Close), the market ended June at 45.91(Month Close),
that being 17%(Pct Range) off of
45.27(Month Low) to 49.07(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Soybean Oil(CBOT) also closed
lower in June than May in 25(Cond Years) of those years.
Of those 25, BOU went on to penetrate the June low within the next 2 months in 23 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the BOU should penetrate 45.27(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 40.81(Average Objective).
- October Soybean Oil(CBOT)
- The BOV3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 47.94(Prev Close), the market ended June at 45.44(Month Close),
that being 17%(Pct Range) off of
44.81(Month Low) to 48.60(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Soybean Oil(CBOT) also closed
lower in June than May in 26(Cond Years) of those years.
Of those 26, BOV went on to penetrate the June low within the next 2 months in 24 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the BOV should penetrate 44.81(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 24 years) a potential move
toward 40.43(Average Objective).
- December Soybean Oil(CBOT)
- The BOZ3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 47.81(Prev Close), the market ended June at 45.12(Month Close),
that being 14%(Pct Range) off of
44.60(Month Low) to 48.36(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Soybean Oil(CBOT) also closed
lower in June than May in 24(Cond Years) of those years.
Of those 24, BOZ went on to penetrate the June low within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the BOZ should penetrate 44.60(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 40.30(Average Objective).
- January Soybean Oil(CBOT)
- The BOF4(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 47.74(Prev Close), the market ended June at 45.10(Month Close),
that being 15%(Pct Range) off of
44.55(Month Low) to 48.27(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the January Soybean Oil(CBOT) also closed
lower in June than May in 24(Cond Years) of those years.
Of those 24, BOF went on to penetrate the June low within the next 2 months in 21 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the BOF should penetrate 44.55(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 40.27(Average Objective).
- March Soybean Oil(CBOT)
- The BOH4(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 47.81(Prev Close), the market ended June at 45.19(Month Close),
that being 17%(Pct Range) off of
44.58(Month Low) to 48.26(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the March Soybean Oil(CBOT) also closed
lower in June than May in 23(Cond Years) of those years.
Of those 23, BOH went on to penetrate the June 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 BOH should penetrate 44.58(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 40.56(Average Objective).
- September Soybean Meal(CBOT)
- The SMU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 406.00(Prev Close), the market ended June at 400.70(Month Close),
that being 39%(Pct Range) off of
389.50(Month Low) to 417.90(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Soybean Meal(CBOT) also closed
lower in June than May in 20(Cond Years) of those years.
Of those 20, SMU went on to penetrate the June 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 SMU should penetrate 389.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 354.15(Average Objective).
- October Soybean Meal(CBOT)
- The SMV3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 387.40(Prev Close), the market ended June at 376.80(Month Close),
that being 14%(Pct Range) off of
373.10(Month Low) to 400.40(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Soybean Meal(CBOT) also closed
lower in June than May in 22(Cond Years) of those years.
Of those 22, SMV went on to penetrate the June 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 SMV should penetrate 373.10(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 337.12(Average Objective).
- January Soybean Meal(CBOT)
- The SMF4(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 385.70(Prev Close), the market ended June at 374.40(Month Close),
that being 8%(Pct Range) off of
372.20(Month Low) to 400.40(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the January Soybean Meal(CBOT) also closed
lower in June than May in 22(Cond Years) of those years.
Of those 22, SMF went on to penetrate the June 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 SMF should penetrate 372.20(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 339.24(Average Objective).
- September Wheat(KCBT)
- The KWU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 760.00(Prev Close), the market ended June at 691.00(Month Close),
that being 6%(Pct Range) off of
686.25(Month Low) to 766.00(Month High).
In comparing the May/June closes for each of the last 37 years(Total Years), Scenario found that the September Wheat(KCBT) also closed
lower in June than May in 23(Cond Years) of those years.
Of those 23, KWU went on to penetrate the June 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 KWU should penetrate 686.25(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 633.36(Average Objective).
- October Live Cattle(CME)
- The LCV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 123.750(Prev Close), the market ended June at 125.680(Month Close),
that being 89%(Pct Range) off of
121.600(Month Low) to 126.200(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Live Cattle(CME) also closed
higher in June than May in 24(Cond Years) of those years.
Of those 24, LCV went on to exceed the June high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the LCV should exceed 126.200(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 133.746(Average Objective).
- December Live Cattle(CME)
- The LCZ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 125.850(Prev Close), the market ended June at 127.800(Month Close),
that being 91%(Pct Range) off of
124.250(Month Low) to 128.150(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Live Cattle(CME) also closed
higher in June than May in 25(Cond Years) of those years.
Of those 25, LCZ went on to exceed the June high within the next 2 months in 23 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the LCZ should exceed 128.150(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 135.257(Average Objective).
- February Live Cattle(CME)
- The LCG4(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 127.230(Prev Close), the market ended June at 128.780(Month Close),
that being 93%(Pct Range) off of
125.400(Month Low) to 129.050(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the February Live Cattle(CME) also closed
higher in June than May in 28(Cond Years) of those years.
Of those 28, LCG went on to exceed the June high within the next 2 months in 26 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the LCG should exceed 129.050(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 26 years) a potential move
toward 135.589(Average Objective).
- September Feeder Cattle(CME)
- The FCU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 146.575(Prev Close), the market ended June at 151.600(Month Close),
that being 86%(Pct Range) off of
145.400(Month Low) to 152.635(Month High).
In comparing the May/June closes for each of the last 41 years(Total Years), Scenario found that the September Feeder Cattle(CME) also closed
higher in June than May in 24(Cond Years) of those years.
Of those 24, FCU went on to exceed the June 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 FCU should exceed 152.635(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 160.923(Average Objective).
- October Feeder Cattle(CME)
- The FCV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 148.135(Prev Close), the market ended June at 153.150(Month Close),
that being 84%(Pct Range) off of
147.235(Month Low) to 154.250(Month High).
In comparing the May/June closes for each of the last 41 years(Total Years), Scenario found that the October Feeder Cattle(CME) also closed
higher in June than May in 23(Cond Years) of those years.
Of those 23, FCV went on to exceed the June high within the next 2 months in 22 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the FCV should exceed 154.250(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 163.074(Average Objective).
- November Feeder Cattle(CME)
- The FCX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 149.735(Prev Close), the market ended June at 154.500(Month Close),
that being 85%(Pct Range) off of
148.800(Month Low) to 155.500(Month High).
In comparing the May/June closes for each of the last 41 years(Total Years), Scenario found that the November Feeder Cattle(CME) also closed
higher in June than May in 24(Cond Years) of those years.
Of those 24, FCX went on to exceed the June high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the FCX should exceed 155.500(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 164.009(Average Objective).
- September Coffee "C"(ICE)
- The KCU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 129.15(Prev Close), the market ended June at 120.40(Month Close),
that being 22%(Pct Range) off of
117.10(Month Low) to 131.80(Month High).
In comparing the May/June closes for each of the last 39 years(Total Years), Scenario found that the September Coffee "C"(ICE) also closed
lower in June than May in 30(Cond Years) of those years.
Of those 30, KCU went on to penetrate the June low within the next 2 months in 27 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the KCU should penetrate 117.10(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 27 years) a potential move
toward 102.66(Average Objective).
- December Coffee "C"(ICE)
- The KCZ3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 132.60(Prev Close), the market ended June at 123.35(Month Close),
that being 19%(Pct Range) off of
120.50(Month Low) to 135.25(Month High).
In comparing the May/June closes for each of the last 39 years(Total Years), Scenario found that the December Coffee "C"(ICE) also closed
lower in June than May in 30(Cond Years) of those years.
Of those 30, KCZ went on to penetrate the June low within the next 2 months in 27 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the KCZ should penetrate 120.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 27 years) a potential move
toward 106.83(Average Objective).
- October Sugar #11(ICE)
- The SBV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 16.90(Prev Close), the market ended June at 16.92(Month Close),
that being 44%(Pct Range) off of
16.48(Month Low) to 17.49(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Sugar #11(ICE) also closed
higher in June than May in 24(Cond Years) of those years.
Of those 24, SBV went on to exceed the June 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 SBV should exceed 17.49(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 19.83(Average Objective).
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