|
MRCI's ScenarioSM Summary |
|
ScenarioSM Summary Feb 27, 2015 |
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 |
Feb |
17165.00 |
18244.00 |
17038.00 |
18133.00 |
91% |
45 |
27 |
26 |
96% |
18244.00 |
19236.92 |
18133.00 |
#TRAN |
Higher |
Feb |
8649.00 |
9215.00 |
8584.00 |
9025.00 |
70% |
45 |
27 |
23 |
85% |
9215.00 |
9893.11 |
9025.00 |
#OEX |
Higher |
Feb |
875.80 |
931.90 |
870.40 |
925.45 |
90% |
39 |
21 |
19 |
90% |
931.90 |
976.32 |
925.45 |
#NDX |
Higher |
Feb |
4148.40 |
4464.30 |
4094.70 |
4440.70 |
94% |
29 |
16 |
15 |
94% |
4464.30 |
4815.89 |
4440.70 |
#RUT |
Higher |
Feb |
1165.40 |
1239.65 |
1153.80 |
1233.35 |
93% |
36 |
21 |
19 |
90% |
1239.65 |
1318.32 |
1233.35 |
#MID |
Higher |
Feb |
1435.10 |
1519.90 |
1420.05 |
1506.55 |
87% |
34 |
23 |
22 |
96% |
1519.90 |
1604.22 |
1506.55 |
#VLE |
Higher |
Feb |
4546.60 |
4852.20 |
4516.60 |
4824.70 |
92% |
32 |
21 |
19 |
90% |
4852.20 |
5096.17 |
4824.70 |
#SP |
Higher |
Feb |
1995.00 |
2119.60 |
1980.90 |
2104.50 |
89% |
45 |
26 |
22 |
85% |
2119.60 |
2223.03 |
2104.50 |
SPM5 |
Higher |
Feb |
1980.70 |
2108.80 |
1969.70 |
2095.10 |
90% |
32 |
20 |
17 |
85% |
2108.80 |
2207.06 |
2095.10 |
USM5 |
Lower |
Feb |
170~230 |
171~040 |
158~260 |
161~270 |
25% |
37 |
18 |
16 |
89% |
158~260 |
153~241 |
161~270 |
TYM5 |
Lower |
Feb |
130~115 |
130~190 |
126~120 |
127~255 |
34% |
32 |
15 |
13 |
87% |
126~120 |
123~157 |
127~255 |
EDM5 |
Lower |
Feb |
99.640 |
99.645 |
99.555 |
99.625 |
78% |
32 |
16 |
15 |
94% |
99.555 |
99.141 |
99.625 |
EDU5 |
Lower |
Feb |
99.505 |
99.520 |
99.350 |
99.445 |
56% |
32 |
14 |
13 |
93% |
99.350 |
98.840 |
99.445 |
SFM5 |
Lower |
Feb |
109.71 |
109.59 |
105.16 |
105.18 |
0% |
39 |
19 |
18 |
95% |
105.16 |
101.55 |
105.18 |
EUM5 |
Lower |
Feb |
113.07 |
115.46 |
111.90 |
112.08 |
5% |
16 |
7 |
6 |
86% |
111.90 |
107.78 |
112.08 |
CDM5 |
Higher |
Feb |
78.74 |
80.76 |
78.30 |
79.79 |
61% |
38 |
18 |
16 |
89% |
80.76 |
82.77 |
79.79 |
ADM5 |
Higher |
Feb |
77.18 |
78.65 |
75.71 |
77.64 |
66% |
28 |
19 |
16 |
84% |
78.65 |
82.20 |
77.64 |
DXM5 |
Higher |
Feb |
95.655 |
95.965 |
94.135 |
95.730 |
87% |
29 |
12 |
11 |
92% |
95.965 |
98.572 |
95.730 |
GCM5 |
Lower |
Feb |
1280.0 |
1286.5 |
1190.8 |
1214.0 |
24% |
40 |
20 |
18 |
90% |
1190.8 |
1115.4 |
1214.0 |
GCQ5 |
Lower |
Feb |
1280.7 |
1286.0 |
1193.9 |
1214.7 |
23% |
40 |
21 |
19 |
90% |
1193.9 |
1122.4 |
1214.7 |
HGK5 |
Higher |
Feb |
249.05 |
271.40 |
246.00 |
269.15 |
91% |
45 |
25 |
21 |
84% |
271.40 |
301.13 |
269.15 |
HGN5 |
Higher |
Feb |
248.85 |
272.80 |
246.00 |
268.75 |
85% |
45 |
26 |
24 |
92% |
272.80 |
300.66 |
268.75 |
CLM5 |
Higher |
Feb |
51.22 |
57.27 |
49.72 |
53.84 |
55% |
31 |
19 |
17 |
89% |
57.27 |
63.31 |
53.84 |
CLN5 |
Higher |
Feb |
52.37 |
58.37 |
50.96 |
55.44 |
60% |
31 |
19 |
18 |
95% |
58.37 |
64.04 |
55.44 |
CLQ5 |
Higher |
Feb |
53.44 |
59.24 |
52.27 |
56.82 |
65% |
31 |
19 |
18 |
95% |
59.24 |
64.81 |
56.82 |
ITCOM5 |
Higher |
Feb |
56.05 |
64.42 |
54.42 |
63.98 |
96% |
25 |
16 |
15 |
94% |
64.42 |
71.88 |
63.98 |
ITCON5 |
Higher |
Feb |
57.08 |
65.15 |
55.45 |
64.84 |
97% |
24 |
15 |
15 |
100% |
65.15 |
72.28 |
64.84 |
ITCOQ5 |
Higher |
Feb |
58.06 |
65.83 |
56.42 |
65.63 |
98% |
24 |
15 |
15 |
100% |
65.83 |
72.70 |
65.63 |
HOM5 |
Higher |
Feb |
169.30 |
193.50 |
166.35 |
193.08 |
98% |
35 |
17 |
16 |
94% |
193.50 |
214.73 |
193.08 |
HON5 |
Higher |
Feb |
171.29 |
194.18 |
168.27 |
193.79 |
98% |
35 |
17 |
16 |
94% |
194.18 |
214.36 |
193.79 |
HOQ5 |
Higher |
Feb |
173.46 |
195.26 |
170.35 |
194.92 |
99% |
33 |
16 |
15 |
94% |
195.26 |
216.34 |
194.92 |
RBM5 |
Higher |
Feb |
171.65 |
196.17 |
168.45 |
195.43 |
97% |
29 |
15 |
15 |
100% |
196.17 |
225.47 |
195.43 |
RBN5 |
Higher |
Feb |
171.20 |
194.01 |
167.72 |
193.50 |
98% |
29 |
15 |
15 |
100% |
194.01 |
221.10 |
193.50 |
RBQ5 |
Higher |
Feb |
170.05 |
191.70 |
166.95 |
191.44 |
99% |
29 |
17 |
17 |
100% |
191.70 |
214.20 |
191.44 |
NGQ5 |
Higher |
Feb |
2.823 |
3.125 |
2.746 |
2.880 |
35% |
24 |
15 |
13 |
87% |
3.125 |
3.582 |
2.880 |
CBM5 |
Higher |
Feb |
56.05 |
64.42 |
54.42 |
63.98 |
96% |
25 |
16 |
15 |
94% |
64.42 |
71.87 |
63.98 |
CBN5 |
Higher |
Feb |
57.08 |
65.15 |
55.45 |
64.84 |
97% |
24 |
15 |
15 |
100% |
65.15 |
72.28 |
64.84 |
CBQ5 |
Higher |
Feb |
58.06 |
65.83 |
56.42 |
65.63 |
98% |
24 |
15 |
15 |
100% |
65.83 |
72.69 |
65.63 |
SK5 |
Higher |
Feb |
967.75 |
1038.00 |
963.00 |
1031.75 |
92% |
45 |
25 |
22 |
88% |
1038.00 |
1136.68 |
1031.75 |
SN5 |
Higher |
Feb |
972.75 |
1041.00 |
968.00 |
1034.75 |
91% |
45 |
25 |
22 |
88% |
1041.00 |
1140.31 |
1034.75 |
SQ5 |
Higher |
Feb |
972.00 |
1037.25 |
968.25 |
1031.00 |
91% |
45 |
25 |
22 |
88% |
1037.25 |
1133.81 |
1031.00 |
SU5 |
Higher |
Feb |
956.75 |
1017.25 |
955.50 |
1012.00 |
91% |
45 |
26 |
23 |
88% |
1017.25 |
1096.50 |
1012.00 |
SX5 |
Higher |
Feb |
945.75 |
1004.00 |
943.00 |
997.50 |
89% |
45 |
25 |
22 |
88% |
1004.00 |
1068.94 |
997.50 |
BOK5 |
Higher |
Feb |
30.24 |
33.08 |
30.15 |
32.95 |
96% |
45 |
29 |
26 |
90% |
33.08 |
36.23 |
32.95 |
BON5 |
Higher |
Feb |
30.46 |
33.23 |
30.41 |
33.11 |
96% |
45 |
30 |
28 |
93% |
33.23 |
36.29 |
33.11 |
SMK5 |
Higher |
Feb |
324.00 |
351.70 |
318.70 |
342.40 |
72% |
45 |
23 |
20 |
87% |
351.70 |
391.59 |
342.40 |
SMN5 |
Higher |
Feb |
321.80 |
347.10 |
316.00 |
339.00 |
74% |
45 |
23 |
20 |
87% |
347.10 |
384.31 |
339.00 |
KWK5 |
Lower |
Feb |
542.75 |
580.00 |
521.75 |
539.50 |
30% |
38 |
23 |
21 |
91% |
521.75 |
489.55 |
539.50 |
KWN5 |
Lower |
Feb |
546.25 |
584.75 |
527.50 |
546.00 |
32% |
38 |
23 |
20 |
87% |
527.50 |
496.63 |
546.00 |
FCU5 |
Lower |
Feb |
207.350 |
206.200 |
196.030 |
201.000 |
49% |
42 |
17 |
15 |
88% |
196.030 |
186.029 |
201.000 |
LEK5 |
Lower |
Feb |
80.450 |
81.930 |
73.350 |
79.900 |
76% |
13 |
6 |
6 |
100% |
73.350 |
66.608 |
79.900 |
LBU5 |
Lower |
Feb |
324.2 |
325.0 |
290.0 |
298.0 |
23% |
42 |
21 |
18 |
86% |
290.0 |
268.3 |
298.0 |
CTN5 |
Higher |
Feb |
60.85 |
66.54 |
60.46 |
65.22 |
78% |
45 |
28 |
25 |
89% |
66.54 |
71.49 |
65.22 |
- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 17165.00(Prev Close), the market ended February at 18133.00(Month Close),
that being 91%(Pct Range) off of
17038.00(Month Low) to 18244.00(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed
higher in February than January in 27(Cond Years) of those years.
Of those 27, the #DJ went on to exceed the February high within the next 2 months in 26 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 18244.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 26 years) a potential move
toward 19236.92(Average Objective).
- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 8649.00(Prev Close), the market ended February at 9025.00(Month Close),
that being 70%(Pct Range) off of
8584.00(Month Low) to 9215.00(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Transportation also closed
higher in February than January in 27(Cond Years) of those years.
Of those 27, the #TRAN went on to exceed the February high within the next 2 months in 23 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the the #TRAN should exceed 9215.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 9893.11(Average Objective).
- S & P 100(OEX)
- The #OEX(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 875.80(Prev Close), the market ended February at 925.45(Month Close),
that being 90%(Pct Range) off of
870.40(Month Low) to 931.90(Month High).
In comparing the January/February closes for each of the last 39 years(Total Years), Scenario found that the S & P 100(OEX) also closed
higher in February than January in 21(Cond Years) of those years.
Of those 21, the #OEX went on to exceed the February 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 #OEX should exceed 931.90(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 976.32(Average Objective).
- NASDAQ 100 Index
- The #NDX(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 4148.40(Prev Close), the market ended February at 4440.70(Month Close),
that being 94%(Pct Range) off of
4094.70(Month Low) to 4464.30(Month High).
In comparing the January/February closes for each of the last 29 years(Total Years), Scenario found that the NASDAQ 100 Index also closed
higher in February than January in 16(Cond Years) of those years.
Of those 16, the #NDX went on to exceed the February high within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the the #NDX should exceed 4464.30(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 4815.89(Average Objective).
- Russell 2000 Index
- The #RUT(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 1165.40(Prev Close), the market ended February at 1233.35(Month Close),
that being 93%(Pct Range) off of
1153.80(Month Low) to 1239.65(Month High).
In comparing the January/February closes for each of the last 36 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in February than January in 21(Cond Years) of those years.
Of those 21, the #RUT went on to exceed the February 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 #RUT should exceed 1239.65(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 1318.32(Average Objective).
- S & P Midcap 400 Index
- The #MID(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 1435.10(Prev Close), the market ended February at 1506.55(Month Close),
that being 87%(Pct Range) off of
1420.05(Month Low) to 1519.90(Month High).
In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed
higher in February than January in 23(Cond Years) of those years.
Of those 23, the #MID went on to exceed the February 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 the #MID should exceed 1519.90(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 1604.22(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 4546.60(Prev Close), the market ended February at 4824.70(Month Close),
that being 92%(Pct Range) off of
4516.60(Month Low) to 4852.20(Month High).
In comparing the January/February closes for each of the last 32 years(Total Years), Scenario found that the Value Line Index also closed
higher in February than January in 21(Cond Years) of those years.
Of those 21, the #VLE went on to exceed the February 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 #VLE should exceed 4852.20(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 5096.17(Average Objective).
- S & P 500 Stock Index
- The #SP(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 1995.00(Prev Close), the market ended February at 2104.50(Month Close),
that being 89%(Pct Range) off of
1980.90(Month Low) to 2119.60(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed
higher in February than January in 26(Cond Years) of those years.
Of those 26, the #SP went on to exceed the February 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 #SP should exceed 2119.60(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 2223.03(Average Objective).
- June S & P 500(CME)
- The SPM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 1980.70(Prev Close), the market ended February at 2095.10(Month Close),
that being 90%(Pct Range) off of
1969.70(Month Low) to 2108.80(Month High).
In comparing the January/February closes for each of the last 32 years(Total Years), Scenario found that the June S & P 500(CME) also closed
higher in February than January in 20(Cond Years) of those years.
Of those 20, SPM went on to exceed the February 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 SPM should exceed 2108.80(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 2207.06(Average Objective).
- June 30-Year T-Bonds(CBOT)
- The USM5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 170~230(Prev Close), the market ended February at 161~270(Month Close),
that being 25%(Pct Range) off of
158~260(Month Low) to 171~040(Month High).
In comparing the January/February closes for each of the last 37 years(Total Years), Scenario found that the June 30-Year T-Bonds(CBOT) also closed
lower in February than January in 18(Cond Years) of those years.
Of those 18, USM went on to penetrate the February 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 USM should penetrate 158~260(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 153~241(Average Objective).
- June 10-Year T-Notes(CBOT)
- The TYM5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 130~115(Prev Close), the market ended February at 127~255(Month Close),
that being 34%(Pct Range) off of
126~120(Month Low) to 130~190(Month High).
In comparing the January/February closes for each of the last 32 years(Total Years), Scenario found that the June 10-Year T-Notes(CBOT) also closed
lower in February than January in 15(Cond Years) of those years.
Of those 15, TYM went on to penetrate the February 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 TYM should penetrate 126~120(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 123~157(Average Objective).
- June Eurodollars(CME)
- The EDM5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 99.640(Prev Close), the market ended February at 99.625(Month Close),
that being 78%(Pct Range) off of
99.555(Month Low) to 99.645(Month High).
In comparing the January/February closes for each of the last 32 years(Total Years), Scenario found that the June Eurodollars(CME) also closed
lower in February than January in 16(Cond Years) of those years.
Of those 16, EDM went on to penetrate the February 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 EDM should penetrate 99.555(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 99.141(Average Objective).
- September Eurodollars(CME)
- The EDU5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 99.505(Prev Close), the market ended February at 99.445(Month Close),
that being 56%(Pct Range) off of
99.350(Month Low) to 99.520(Month High).
In comparing the January/February closes for each of the last 32 years(Total Years), Scenario found that the September Eurodollars(CME) also closed
lower in February than January in 14(Cond Years) of those years.
Of those 14, EDU went on to penetrate the February low within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the EDU should penetrate 99.350(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 98.840(Average Objective).
- June Swiss Franc(CME)
- The SFM5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 109.71(Prev Close), the market ended February at 105.18(Month Close),
that being 0%(Pct Range) off of
105.16(Month Low) to 109.59(Month High).
In comparing the January/February closes for each of the last 39 years(Total Years), Scenario found that the June Swiss Franc(CME) also closed
lower in February than January in 19(Cond Years) of those years.
Of those 19, SFM went on to penetrate the February low within the next 2 months in 18 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the SFM should penetrate 105.16(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 101.55(Average Objective).
- June EuroFX(CME)
- The EUM5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 113.07(Prev Close), the market ended February at 112.08(Month Close),
that being 5%(Pct Range) off of
111.90(Month Low) to 115.46(Month High).
In comparing the January/February closes for each of the last 16 years(Total Years), Scenario found that the June EuroFX(CME) also closed
lower in February than January in 7(Cond Years) of those years.
Of those 7, EUM went on to penetrate the February low within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the EUM should penetrate 111.90(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 107.78(Average Objective).
- June Canadian Dollar(CME)
- The CDM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 78.74(Prev Close), the market ended February at 79.79(Month Close),
that being 61%(Pct Range) off of
78.30(Month Low) to 80.76(Month High).
In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the June Canadian Dollar(CME) also closed
higher in February than January in 18(Cond Years) of those years.
Of those 18, CDM went on to exceed the February 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 CDM should exceed 80.76(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 82.77(Average Objective).
- June Australian Dollar(CME)
- The ADM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 77.18(Prev Close), the market ended February at 77.64(Month Close),
that being 66%(Pct Range) off of
75.71(Month Low) to 78.65(Month High).
In comparing the January/February closes for each of the last 28 years(Total Years), Scenario found that the June Australian Dollar(CME) also closed
higher in February than January in 19(Cond Years) of those years.
Of those 19, ADM went on to exceed the February 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 ADM should exceed 78.65(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 82.20(Average Objective).
- June US Dollar Index(ICE)
- The DXM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 95.655(Prev Close), the market ended February at 95.730(Month Close),
that being 87%(Pct Range) off of
94.135(Month Low) to 95.965(Month High).
In comparing the January/February closes for each of the last 29 years(Total Years), Scenario found that the June US Dollar Index(ICE) also closed
higher in February than January in 12(Cond Years) of those years.
Of those 12, DXM went on to exceed the February 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 DXM should exceed 95.965(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 98.572(Average Objective).
- June Gold(CMX)
- The GCM5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 1280.0(Prev Close), the market ended February at 1214.0(Month Close),
that being 24%(Pct Range) off of
1190.8(Month Low) to 1286.5(Month High).
In comparing the January/February closes for each of the last 40 years(Total Years), Scenario found that the June Gold(CMX) also closed
lower in February than January in 20(Cond Years) of those years.
Of those 20, GCM went on to penetrate the February 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 GCM should penetrate 1190.8(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 1115.4(Average Objective).
- August Gold(CMX)
- The GCQ5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 1280.7(Prev Close), the market ended February at 1214.7(Month Close),
that being 23%(Pct Range) off of
1193.9(Month Low) to 1286.0(Month High).
In comparing the January/February closes for each of the last 40 years(Total Years), Scenario found that the August Gold(CMX) also closed
lower in February than January in 21(Cond Years) of those years.
Of those 21, GCQ went on to penetrate the February low within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the GCQ should penetrate 1193.9(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 1122.4(Average Objective).
- May Copper(CMX)
- The HGK5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 249.05(Prev Close), the market ended February at 269.15(Month Close),
that being 91%(Pct Range) off of
246.00(Month Low) to 271.40(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the May Copper(CMX) also closed
higher in February than January in 25(Cond Years) of those years.
Of those 25, HGK went on to exceed the February 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 HGK should exceed 271.40(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 301.13(Average Objective).
- July Copper(CMX)
- The HGN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 248.85(Prev Close), the market ended February at 268.75(Month Close),
that being 85%(Pct Range) off of
246.00(Month Low) to 272.80(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Copper(CMX) also closed
higher in February than January in 26(Cond Years) of those years.
Of those 26, HGN went on to exceed the February high within the next 2 months in 24 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the HGN should exceed 272.80(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 24 years) a potential move
toward 300.66(Average Objective).
- June Crude Oil(NYM)
- The CLM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 51.22(Prev Close), the market ended February at 53.84(Month Close),
that being 55%(Pct Range) off of
49.72(Month Low) to 57.27(Month High).
In comparing the January/February closes for each of the last 31 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed
higher in February than January in 19(Cond Years) of those years.
Of those 19, CLM went on to exceed the February 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 CLM should exceed 57.27(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 63.31(Average Objective).
- July Crude Oil(NYM)
- The CLN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 52.37(Prev Close), the market ended February at 55.44(Month Close),
that being 60%(Pct Range) off of
50.96(Month Low) to 58.37(Month High).
In comparing the January/February closes for each of the last 31 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed
higher in February than January in 19(Cond Years) of those years.
Of those 19, CLN went on to exceed the February 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 CLN should exceed 58.37(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 64.04(Average Objective).
- August Crude Oil(NYM)
- The CLQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 53.44(Prev Close), the market ended February at 56.82(Month Close),
that being 65%(Pct Range) off of
52.27(Month Low) to 59.24(Month High).
In comparing the January/February closes for each of the last 31 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed
higher in February than January in 19(Cond Years) of those years.
Of those 19, CLQ went on to exceed the February 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 CLQ should exceed 59.24(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 64.81(Average Objective).
- June Brent Crude Oil(ICE)
- The ITCOM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 56.05(Prev Close), the market ended February at 63.98(Month Close),
that being 96%(Pct Range) off of
54.42(Month Low) to 64.42(Month High).
In comparing the January/February closes for each of the last 25 years(Total Years), Scenario found that the June Brent Crude Oil(ICE) also closed
higher in February than January in 16(Cond Years) of those years.
Of those 16, ITCOM went on to exceed the February high within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the ITCOM should exceed 64.42(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 71.88(Average Objective).
- July Brent Crude Oil(ICE)
- The ITCON5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 57.08(Prev Close), the market ended February at 64.84(Month Close),
that being 97%(Pct Range) off of
55.45(Month Low) to 65.15(Month High).
In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the July Brent Crude Oil(ICE) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, ITCON went on to exceed the February 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 ITCON should exceed 65.15(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 72.28(Average Objective).
- August Brent Crude Oil(ICE)
- The ITCOQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 58.06(Prev Close), the market ended February at 65.63(Month Close),
that being 98%(Pct Range) off of
56.42(Month Low) to 65.83(Month High).
In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the August Brent Crude Oil(ICE) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, ITCOQ went on to exceed the February 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 ITCOQ should exceed 65.83(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 72.70(Average Objective).
- June NY Harbor ULSD(NYM)
- The HOM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 169.30(Prev Close), the market ended February at 193.08(Month Close),
that being 98%(Pct Range) off of
166.35(Month Low) to 193.50(Month High).
In comparing the January/February closes for each of the last 35 years(Total Years), Scenario found that the June NY Harbor ULSD(NYM) also closed
higher in February than January in 17(Cond Years) of those years.
Of those 17, HOM went on to exceed the February 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 HOM should exceed 193.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 214.73(Average Objective).
- July NY Harbor ULSD(NYM)
- The HON5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 171.29(Prev Close), the market ended February at 193.79(Month Close),
that being 98%(Pct Range) off of
168.27(Month Low) to 194.18(Month High).
In comparing the January/February closes for each of the last 35 years(Total Years), Scenario found that the July NY Harbor ULSD(NYM) also closed
higher in February than January in 17(Cond Years) of those years.
Of those 17, HON went on to exceed the February 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 HON should exceed 194.18(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 214.36(Average Objective).
- August NY Harbor ULSD(NYM)
- The HOQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 173.46(Prev Close), the market ended February at 194.92(Month Close),
that being 99%(Pct Range) off of
170.35(Month Low) to 195.26(Month High).
In comparing the January/February closes for each of the last 33 years(Total Years), Scenario found that the August NY Harbor ULSD(NYM) also closed
higher in February than January in 16(Cond Years) of those years.
Of those 16, HOQ went on to exceed the February high within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the HOQ should exceed 195.26(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 216.34(Average Objective).
- June RBOB Gasoline(NYM)
- The RBM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 171.65(Prev Close), the market ended February at 195.43(Month Close),
that being 97%(Pct Range) off of
168.45(Month Low) to 196.17(Month High).
In comparing the January/February closes for each of the last 29 years(Total Years), Scenario found that the June RBOB Gasoline(NYM) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, RBM went on to exceed the February 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 RBM should exceed 196.17(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 225.47(Average Objective).
- July RBOB Gasoline(NYM)
- The RBN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 171.20(Prev Close), the market ended February at 193.50(Month Close),
that being 98%(Pct Range) off of
167.72(Month Low) to 194.01(Month High).
In comparing the January/February closes for each of the last 29 years(Total Years), Scenario found that the July RBOB Gasoline(NYM) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, RBN went on to exceed the February 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 RBN should exceed 194.01(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 221.10(Average Objective).
- August RBOB Gasoline(NYM)
- The RBQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 170.05(Prev Close), the market ended February at 191.44(Month Close),
that being 99%(Pct Range) off of
166.95(Month Low) to 191.70(Month High).
In comparing the January/February closes for each of the last 29 years(Total Years), Scenario found that the August RBOB Gasoline(NYM) also closed
higher in February than January in 17(Cond Years) of those years.
Of those 17, RBQ went on to exceed the February high within the next 2 months in 17 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the RBQ should exceed 191.70(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 214.20(Average Objective).
- August Natural Gas(NYM)
- The NGQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 2.823(Prev Close), the market ended February at 2.880(Month Close),
that being 35%(Pct Range) off of
2.746(Month Low) to 3.125(Month High).
In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, NGQ went on to exceed the February high within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.
Therefore, the historical odds are high that the NGQ should exceed 3.125(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 3.582(Average Objective).
- June Brent Crude Oil(ICE)
- The CBM5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 56.05(Prev Close), the market ended February at 63.98(Month Close),
that being 96%(Pct Range) off of
54.42(Month Low) to 64.42(Month High).
In comparing the January/February closes for each of the last 25 years(Total Years), Scenario found that the June Brent Crude Oil(ICE) also closed
higher in February than January in 16(Cond Years) of those years.
Of those 16, CBM went on to exceed the February high within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the CBM should exceed 64.42(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 71.87(Average Objective).
- July Brent Crude Oil(ICE)
- The CBN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 57.08(Prev Close), the market ended February at 64.84(Month Close),
that being 97%(Pct Range) off of
55.45(Month Low) to 65.15(Month High).
In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the July Brent Crude Oil(ICE) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, CBN went on to exceed the February 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 CBN should exceed 65.15(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 72.28(Average Objective).
- August Brent Crude Oil(ICE)
- The CBQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 58.06(Prev Close), the market ended February at 65.63(Month Close),
that being 98%(Pct Range) off of
56.42(Month Low) to 65.83(Month High).
In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the August Brent Crude Oil(ICE) also closed
higher in February than January in 15(Cond Years) of those years.
Of those 15, CBQ went on to exceed the February 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 CBQ should exceed 65.83(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 72.69(Average Objective).
- May Soybeans(CBOT)
- The SK5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 967.75(Prev Close), the market ended February at 1031.75(Month Close),
that being 92%(Pct Range) off of
963.00(Month Low) to 1038.00(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the May Soybeans(CBOT) also closed
higher in February than January in 25(Cond Years) of those years.
Of those 25, SK went on to exceed the February high within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the SK should exceed 1038.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 1136.68(Average Objective).
- July Soybeans(CBOT)
- The SN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 972.75(Prev Close), the market ended February at 1034.75(Month Close),
that being 91%(Pct Range) off of
968.00(Month Low) to 1041.00(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Soybeans(CBOT) also closed
higher in February than January in 25(Cond Years) of those years.
Of those 25, SN went on to exceed the February high within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the SN should exceed 1041.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 1140.31(Average Objective).
- August Soybeans(CBOT)
- The SQ5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 972.00(Prev Close), the market ended February at 1031.00(Month Close),
that being 91%(Pct Range) off of
968.25(Month Low) to 1037.25(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the August Soybeans(CBOT) also closed
higher in February than January in 25(Cond Years) of those years.
Of those 25, SQ went on to exceed the February high within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the SQ should exceed 1037.25(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 1133.81(Average Objective).
- September Soybeans(CBOT)
- The SU5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 956.75(Prev Close), the market ended February at 1012.00(Month Close),
that being 91%(Pct Range) off of
955.50(Month Low) to 1017.25(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the September Soybeans(CBOT) also closed
higher in February than January in 26(Cond Years) of those years.
Of those 26, SU went on to exceed the February high within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the SU should exceed 1017.25(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 1096.50(Average Objective).
- November Soybeans(CBOT)
- The SX5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 945.75(Prev Close), the market ended February at 997.50(Month Close),
that being 89%(Pct Range) off of
943.00(Month Low) to 1004.00(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed
higher in February than January in 25(Cond Years) of those years.
Of those 25, SX went on to exceed the February high within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the SX should exceed 1004.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 1068.94(Average Objective).
- May Soybean Oil(CBOT)
- The BOK5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 30.24(Prev Close), the market ended February at 32.95(Month Close),
that being 96%(Pct Range) off of
30.15(Month Low) to 33.08(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the May Soybean Oil(CBOT) also closed
higher in February than January in 29(Cond Years) of those years.
Of those 29, BOK went on to exceed the February high within the next 2 months in 26 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the BOK should exceed 33.08(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 26 years) a potential move
toward 36.23(Average Objective).
- July Soybean Oil(CBOT)
- The BON5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 30.46(Prev Close), the market ended February at 33.11(Month Close),
that being 96%(Pct Range) off of
30.41(Month Low) to 33.23(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed
higher in February than January in 30(Cond Years) of those years.
Of those 30, BON went on to exceed the February high within the next 2 months in 28 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the BON should exceed 33.23(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 28 years) a potential move
toward 36.29(Average Objective).
- May Soybean Meal(CBOT)
- The SMK5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 324.00(Prev Close), the market ended February at 342.40(Month Close),
that being 72%(Pct Range) off of
318.70(Month Low) to 351.70(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the May Soybean Meal(CBOT) also closed
higher in February than January in 23(Cond Years) of those years.
Of those 23, SMK went on to exceed the February 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 SMK should exceed 351.70(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 391.59(Average Objective).
- July Soybean Meal(CBOT)
- The SMN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 321.80(Prev Close), the market ended February at 339.00(Month Close),
that being 74%(Pct Range) off of
316.00(Month Low) to 347.10(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Soybean Meal(CBOT) also closed
higher in February than January in 23(Cond Years) of those years.
Of those 23, SMN went on to exceed the February 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 SMN should exceed 347.10(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 384.31(Average Objective).
- May Wheat(KCBT)
- The KWK5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 542.75(Prev Close), the market ended February at 539.50(Month Close),
that being 30%(Pct Range) off of
521.75(Month Low) to 580.00(Month High).
In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the May Wheat(KCBT) also closed
lower in February than January in 23(Cond Years) of those years.
Of those 23, KWK went on to penetrate the February low within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the KWK should penetrate 521.75(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 489.55(Average Objective).
- July Wheat(KCBT)
- The KWN5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 546.25(Prev Close), the market ended February at 546.00(Month Close),
that being 32%(Pct Range) off of
527.50(Month Low) to 584.75(Month High).
In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the July Wheat(KCBT) also closed
lower in February than January in 23(Cond Years) of those years.
Of those 23, KWN went on to penetrate the February 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 KWN should penetrate 527.50(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 496.63(Average Objective).
- September Feeder Cattle(CME)
- The FCU5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 207.350(Prev Close), the market ended February at 201.000(Month Close),
that being 49%(Pct Range) off of
196.030(Month Low) to 206.200(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the September Feeder Cattle(CME) also closed
lower in February than January in 17(Cond Years) of those years.
Of those 17, FCU went on to penetrate the February 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 FCU should penetrate 196.030(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 186.029(Average Objective).
- May Lean Hogs(CME)
- The LEK5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 80.450(Prev Close), the market ended February at 79.900(Month Close),
that being 76%(Pct Range) off of
73.350(Month Low) to 81.930(Month High).
In comparing the January/February closes for each of the last 13 years(Total Years), Scenario found that the May Lean Hogs(CME) also closed
lower in February than January in 6(Cond Years) of those years.
Of those 6, LEK went on to penetrate the February low within the next 2 months in 6 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the LEK should penetrate 73.350(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 66.608(Average Objective).
- September Lumber(CME)
- The LBU5(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 324.2(Prev Close), the market ended February at 298.0(Month Close),
that being 23%(Pct Range) off of
290.0(Month Low) to 325.0(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the September Lumber(CME) also closed
lower in February than January in 21(Cond Years) of those years.
Of those 21, LBU went on to penetrate the February low within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the LBU should penetrate 290.0(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 268.3(Average Objective).
- July Cotton(ICE)
- The CTN5(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 60.85(Prev Close), the market ended February at 65.22(Month Close),
that being 78%(Pct Range) off of
60.46(Month Low) to 66.54(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Cotton(ICE) also closed
higher in February than January in 28(Cond Years) of those years.
Of those 28, CTN went on to exceed the February high within the next 2 months in 25 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the CTN should exceed 66.54(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 25 years) a potential move
toward 71.49(Average Objective).
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