MRCI's Scenario Summary

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MRCI's Scenario^SM Summary

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Scenario^SM 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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