MRCI's Scenario Summary

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MRCI's Scenario^SM Summary

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Scenario^SM Summary Feb 28, 2017

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 19864.00 20851.00 19831.00 20812.00 96% 45 27 26 96% 20851.00 21972.66 20812.00

#UTIL Higher Feb 668.85 704.95 654.15 703.15 96% 45 17 16 94% 704.95 741.03 703.15

#OEX Higher Feb 1004.45 1049.15 1002.80 1046.55 94% 41 22 20 91% 1049.15 1097.17 1046.55

#NDX Higher Feb 5116.80 5358.50 5128.80 5330.30 88% 31 17 16 94% 5358.50 5762.12 5330.30

#RUT Higher Feb 1361.80 1410.40 1349.45 1386.70 61% 38 23 21 91% 1410.40 1500.50 1386.70

#MID Higher Feb 1687.20 1749.85 1676.85 1729.35 72% 36 25 24 96% 1749.85 1848.47 1729.35

#VLE Higher Feb 5349.00 5530.60 5319.00 5444.60 59% 34 23 21 91% 5530.60 5821.18 5444.60

#SP Higher Feb 2278.85 2371.55 2271.65 2363.65 92% 45 26 22 85% 2371.55 2488.03 2363.65

SPM7 Higher Feb 2269.30 2366.40 2262.20 2358.60 93% 34 22 19 86% 2366.40 2477.85 2358.60

SPU7 Higher Feb 2265.00 2363.00 2257.80 2355.20 93% 34 22 19 86% 2363.00 2473.84 2355.20

EDM7 Lower Feb 98.770 98.810 98.670 98.715 32% 34 18 16 89% 98.670 98.282 98.715

EDU7 Lower Feb 98.645 98.695 98.540 98.590 32% 34 16 14 88% 98.540 98.062 98.590

SFM7 Lower Feb 101.98 102.09 99.31 100.18 31% 41 20 19 95% 99.31 95.75 100.18

EUM7 Lower Feb 108.73 108.94 105.52 106.47 28% 18 8 7 88% 105.52 101.10 106.47

SPM7 Higher Feb 2269.30 2366.40 2262.20 2358.60 93% 34 22 19 86% 2366.40 2477.85 2358.60

ADM7 Higher Feb 75.62 77.21 75.29 76.50 63% 30 21 18 86% 77.21 80.92 76.50

DXM7 Higher Feb 99.425 101.650 99.145 101.050 76% 31 13 12 92% 101.650 104.637 101.050

CLM7 Higher Feb 54.38 55.88 52.86 54.75 63% 33 20 18 90% 55.88 62.02 54.75

CLN7 Higher Feb 54.70 56.13 53.22 55.00 61% 33 20 19 95% 56.13 61.75 55.00

CLQ7 Higher Feb 54.90 56.30 53.50 55.17 60% 33 20 19 95% 56.30 61.66 55.17

ITCON7 Higher Feb 56.42 58.14 55.26 57.01 61% 26 16 16 100% 58.14 64.15 57.01

ITCOQ7 Higher Feb 56.54 58.19 55.41 57.10 61% 26 16 16 100% 58.19 63.91 57.10

ITCOU7 Higher Feb 56.58 58.20 55.48 57.11 60% 25 15 15 100% 58.20 63.73 57.11

HOM7 Higher Feb 165.45 170.96 161.70 165.80 44% 37 18 17 94% 170.96 188.35 165.80

HON7 Higher Feb 166.57 171.72 162.76 166.77 45% 37 18 17 94% 171.72 188.27 166.77

HOQ7 Higher Feb 167.54 172.16 163.81 167.78 48% 35 17 16 94% 172.16 189.36 167.78

CBM7 Higher Feb 56.21 57.99 55.05 56.84 61% 27 17 15 88% 57.99 64.18 56.84

CBN7 Higher Feb 56.42 58.14 55.26 57.01 61% 26 16 16 100% 58.14 64.15 57.01

CBQ7 Higher Feb 56.54 58.19 55.41 57.10 61% 26 16 16 100% 58.19 63.91 57.10

SK7 Higher Feb 1034.25 1074.50 1017.00 1035.75 33% 45 25 22 88% 1074.50 1172.80 1035.75

SN7 Higher Feb 1042.00 1081.75 1025.50 1044.50 34% 45 25 22 88% 1081.75 1181.04 1044.50

SQ7 Higher Feb 1039.50 1078.50 1025.50 1044.00 35% 45 25 22 88% 1078.50 1175.00 1044.00

SX7 Higher Feb 1001.00 1034.50 995.50 1018.25 58% 45 25 22 88% 1034.50 1098.85 1018.25

RRK7 Lower Feb 9.79 9.90 9.51 9.56 15% 30 19 16 84% 9.51 8.68 9.56

LCM7 Higher Feb 104.200 107.850 103.150 107.550 94% 45 26 22 85% 107.850 113.944 107.550

LCQ7 Higher Feb 99.980 102.980 99.400 102.430 85% 44 22 19 86% 102.980 107.944 102.430

FCK7 Higher Feb 121.335 125.250 119.500 124.730 91% 45 27 23 85% 125.250 132.389 124.730

HEK7 Lower Feb 73.970 76.500 72.150 73.950 41% 15 7 7 100% 72.150 64.682 73.950

HEM7 Higher Feb 77.600 80.350 75.930 77.630 38% 45 21 20 95% 80.350 87.153 77.630

CCK7 Lower Feb 2102 2146 1890 1909 7% 45 21 18 86% 1890 1692 1909

CCN7 Lower Feb 2111 2154 1901 1920 8% 45 21 18 86% 1901 1698 1920

LBN7 Higher Feb 347.4 395.1 348.8 386.1 81% 43 20 17 85% 395.1 428.9 386.1

CTK7 Higher Feb 75.60 78.45 75.05 76.34 38% 45 27 25 93% 78.45 85.25 76.34

CTV7 Higher Feb 72.39 74.68 72.97 74.40 84% 45 26 22 85% 74.68 78.87 74.40

DJIA Index: The #DJ(Mkt) ended Higher(Cond) for February(Month). Compared to January's 19864.00(Prev Close), the market ended February at 20812.00(Month Close), that being 96%(Pct Range) off of 19831.00(Month Low) to 20851.00(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 20851.00(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 21972.66(Average Objective).
Dow Jones Utilities: The #UTIL(Mkt) ended Higher(Cond) for February(Month). Compared to January's 668.85(Prev Close), the market ended February at 703.15(Month Close), that being 96%(Pct Range) off of 654.15(Month Low) to 704.95(Month High).

In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Utilities also closed higher in February than January in 17(Cond Years) of those years. Of those 17, the #UTIL 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 the #UTIL should exceed 704.95(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 741.03(Average Objective).
S & P 100(OEX): The #OEX(Mkt) ended Higher(Cond) for February(Month). Compared to January's 1004.45(Prev Close), the market ended February at 1046.55(Month Close), that being 94%(Pct Range) off of 1002.80(Month Low) to 1049.15(Month High).

In comparing the January/February closes for each of the last 41 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in February than January in 22(Cond Years) of those years. Of those 22, the #OEX went on to exceed the February high within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the the #OEX should exceed 1049.15(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 1097.17(Average Objective).
NASDAQ 100 Index: The #NDX(Mkt) ended Higher(Cond) for February(Month). Compared to January's 5116.80(Prev Close), the market ended February at 5330.30(Month Close), that being 88%(Pct Range) off of 5128.80(Month Low) to 5358.50(Month High).

In comparing the January/February closes for each of the last 31 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in February than January in 17(Cond Years) of those years. Of those 17, the #NDX 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 the #NDX should exceed 5358.50(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 5762.12(Average Objective).
Russell 2000 Index: The #RUT(Mkt) ended Higher(Cond) for February(Month). Compared to January's 1361.80(Prev Close), the market ended February at 1386.70(Month Close), that being 61%(Pct Range) off of 1349.45(Month Low) to 1410.40(Month High).

In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in February than January in 23(Cond Years) of those years. Of those 23, the #RUT went on to exceed the February high within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the the #RUT should exceed 1410.40(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 1500.50(Average Objective).
S & P Midcap 400 Index: The #MID(Mkt) ended Higher(Cond) for February(Month). Compared to January's 1687.20(Prev Close), the market ended February at 1729.35(Month Close), that being 72%(Pct Range) off of 1676.85(Month Low) to 1749.85(Month High).

In comparing the January/February closes for each of the last 36 years(Total Years), Scenario found that the S & P Midcap 400 Index also closed higher in February than January in 25(Cond Years) of those years. Of those 25, the #MID went on to exceed the February high within the next 2 months in 24 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the the #MID should exceed 1749.85(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 1848.47(Average Objective).
Value Line Index: The #VLE(Mkt) ended Higher(Cond) for February(Month). Compared to January's 5349.00(Prev Close), the market ended February at 5444.60(Month Close), that being 59%(Pct Range) off of 5319.00(Month Low) to 5530.60(Month High).

In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the Value Line Index also closed higher in February than January in 23(Cond Years) of those years. Of those 23, the #VLE went on to exceed the February high within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the the #VLE should exceed 5530.60(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 5821.18(Average Objective).
S & P 500 Stock Index: The #SP(Mkt) ended Higher(Cond) for February(Month). Compared to January's 2278.85(Prev Close), the market ended February at 2363.65(Month Close), that being 92%(Pct Range) off of 2271.65(Month Low) to 2371.55(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 2371.55(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 2488.03(Average Objective).
June S & P 500(CME): The SPM7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 2269.30(Prev Close), the market ended February at 2358.60(Month Close), that being 93%(Pct Range) off of 2262.20(Month Low) to 2366.40(Month High).

In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the June S & P 500(CME) also closed higher in February than January in 22(Cond Years) of those years. Of those 22, SPM went on to exceed the February high within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the SPM should exceed 2366.40(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 2477.85(Average Objective).
September S & P 500(CME): The SPU7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 2265.00(Prev Close), the market ended February at 2355.20(Month Close), that being 93%(Pct Range) off of 2257.80(Month Low) to 2363.00(Month High).

In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the September S & P 500(CME) also closed higher in February than January in 22(Cond Years) of those years. Of those 22, SPU went on to exceed the February high within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the SPU should exceed 2363.00(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 2473.84(Average Objective).
June Eurodollars(CME): The EDM7(Mkt) ended Lower(Cond) for February(Month). Compared to January's 98.770(Prev Close), the market ended February at 98.715(Month Close), that being 32%(Pct Range) off of 98.670(Month Low) to 98.810(Month High).

In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the June Eurodollars(CME) also closed lower in February than January in 18(Cond Years) of those years. Of those 18, EDM 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 EDM should penetrate 98.670(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 98.282(Average Objective).
September Eurodollars(CME): The EDU7(Mkt) ended Lower(Cond) for February(Month). Compared to January's 98.645(Prev Close), the market ended February at 98.590(Month Close), that being 32%(Pct Range) off of 98.540(Month Low) to 98.695(Month High).

In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the September Eurodollars(CME) also closed lower in February than January in 16(Cond Years) of those years. Of those 16, EDU went on to penetrate the February low within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the EDU should penetrate 98.540(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 98.062(Average Objective).
June Swiss Franc(CME): The SFM7(Mkt) ended Lower(Cond) for February(Month). Compared to January's 101.98(Prev Close), the market ended February at 100.18(Month Close), that being 31%(Pct Range) off of 99.31(Month Low) to 102.09(Month High).

In comparing the January/February closes for each of the last 41 years(Total Years), Scenario found that the June Swiss Franc(CME) also closed lower in February than January in 20(Cond Years) of those years. Of those 20, SFM went on to penetrate the February low within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the SFM should penetrate 99.31(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 95.75(Average Objective).
June EuroFX(CME): The EUM7(Mkt) ended Lower(Cond) for February(Month). Compared to January's 108.73(Prev Close), the market ended February at 106.47(Month Close), that being 28%(Pct Range) off of 105.52(Month Low) to 108.94(Month High).

In comparing the January/February closes for each of the last 18 years(Total Years), Scenario found that the June EuroFX(CME) also closed lower in February than January in 8(Cond Years) of those years. Of those 8, EUM went on to penetrate the February low within the next 2 months in 7 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the EUM should penetrate 105.52(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 101.10(Average Objective).
June S & P 500(CME): The SPM7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 2269.30(Prev Close), the market ended February at 2358.60(Month Close), that being 93%(Pct Range) off of 2262.20(Month Low) to 2366.40(Month High).

In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the June S & P 500(CME) also closed higher in February than January in 22(Cond Years) of those years. Of those 22, SPM went on to exceed the February high within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the SPM should exceed 2366.40(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 2477.85(Average Objective).
June Australian Dollar(CME): The ADM7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 75.62(Prev Close), the market ended February at 76.50(Month Close), that being 63%(Pct Range) off of 75.29(Month Low) to 77.21(Month High).

In comparing the January/February closes for each of the last 30 years(Total Years), Scenario found that the June Australian Dollar(CME) also closed higher in February than January in 21(Cond Years) of those years. Of those 21, ADM went on to exceed the February high within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the ADM should exceed 77.21(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 80.92(Average Objective).
June US Dollar Index(ICE): The DXM7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 99.425(Prev Close), the market ended February at 101.050(Month Close), that being 76%(Pct Range) off of 99.145(Month Low) to 101.650(Month High).

In comparing the January/February closes for each of the last 31 years(Total Years), Scenario found that the June US Dollar Index(ICE) also closed higher in February than January in 13(Cond Years) of those years. Of those 13, DXM went on to exceed the February high within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the DXM should exceed 101.650(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 12 years) a potential move toward 104.637(Average Objective).
June Crude Oil(NYM): The CLM7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 54.38(Prev Close), the market ended February at 54.75(Month Close), that being 63%(Pct Range) off of 52.86(Month Low) to 55.88(Month High).

In comparing the January/February closes for each of the last 33 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed higher in February than January in 20(Cond Years) of those years. Of those 20, CLM went on to exceed the February high within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the CLM should exceed 55.88(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 62.02(Average Objective).
July Crude Oil(NYM): The CLN7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 54.70(Prev Close), the market ended February at 55.00(Month Close), that being 61%(Pct Range) off of 53.22(Month Low) to 56.13(Month High).

In comparing the January/February closes for each of the last 33 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed higher in February than January in 20(Cond Years) of those years. Of those 20, CLN went on to exceed the February high within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the CLN should exceed 56.13(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 61.75(Average Objective).
August Crude Oil(NYM): The CLQ7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 54.90(Prev Close), the market ended February at 55.17(Month Close), that being 60%(Pct Range) off of 53.50(Month Low) to 56.30(Month High).

In comparing the January/February closes for each of the last 33 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed higher in February than January in 20(Cond Years) of those years. Of those 20, CLQ went on to exceed the February high within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the CLQ should exceed 56.30(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 61.66(Average Objective).
July Brent Crude Oil(ICE): The ITCON7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 56.42(Prev Close), the market ended February at 57.01(Month Close), that being 61%(Pct Range) off of 55.26(Month Low) to 58.14(Month High).

In comparing the January/February closes for each of the last 26 years(Total Years), Scenario found that the July Brent Crude Oil(ICE) also closed higher in February than January in 16(Cond Years) of those years. Of those 16, ITCON went on to exceed the February high within the next 2 months in 16 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the ITCON should exceed 58.14(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 64.15(Average Objective).
August Brent Crude Oil(ICE): The ITCOQ7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 56.54(Prev Close), the market ended February at 57.10(Month Close), that being 61%(Pct Range) off of 55.41(Month Low) to 58.19(Month High).

In comparing the January/February closes for each of the last 26 years(Total Years), Scenario found that the August Brent Crude Oil(ICE) also closed higher in February than January in 16(Cond Years) of those years. Of those 16, ITCOQ went on to exceed the February high within the next 2 months in 16 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the ITCOQ should exceed 58.19(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 63.91(Average Objective).
September Brent Crude Oil(ICE): The ITCOU7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 56.58(Prev Close), the market ended February at 57.11(Month Close), that being 60%(Pct Range) off of 55.48(Month Low) to 58.20(Month High).

In comparing the January/February closes for each of the last 25 years(Total Years), Scenario found that the September Brent Crude Oil(ICE) also closed higher in February than January in 15(Cond Years) of those years. Of those 15, ITCOU 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 ITCOU should exceed 58.20(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 63.73(Average Objective).
June NY Harbor ULSD(NYM): The HOM7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 165.45(Prev Close), the market ended February at 165.80(Month Close), that being 44%(Pct Range) off of 161.70(Month Low) to 170.96(Month High).

In comparing the January/February closes for each of the last 37 years(Total Years), Scenario found that the June NY Harbor ULSD(NYM) also closed higher in February than January in 18(Cond Years) of those years. Of those 18, HOM went on to exceed the February high within the next 2 months in 17 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the HOM should exceed 170.96(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 188.35(Average Objective).
July NY Harbor ULSD(NYM): The HON7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 166.57(Prev Close), the market ended February at 166.77(Month Close), that being 45%(Pct Range) off of 162.76(Month Low) to 171.72(Month High).

In comparing the January/February closes for each of the last 37 years(Total Years), Scenario found that the July NY Harbor ULSD(NYM) also closed higher in February than January in 18(Cond Years) of those years. Of those 18, HON went on to exceed the February high within the next 2 months in 17 years(Action Years) or 94%(Pct) of the time.

Therefore, the historical odds are high that the HON should exceed 171.72(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 188.27(Average Objective).
August NY Harbor ULSD(NYM): The HOQ7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 167.54(Prev Close), the market ended February at 167.78(Month Close), that being 48%(Pct Range) off of 163.81(Month Low) to 172.16(Month High).

In comparing the January/February closes for each of the last 35 years(Total Years), Scenario found that the August NY Harbor ULSD(NYM) also closed higher in February than January in 17(Cond Years) of those years. Of those 17, HOQ 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 HOQ should exceed 172.16(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 189.36(Average Objective).
June Brent Crude Oil(ICE): The CBM7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 56.21(Prev Close), the market ended February at 56.84(Month Close), that being 61%(Pct Range) off of 55.05(Month Low) to 57.99(Month High).

In comparing the January/February closes for each of the last 27 years(Total Years), Scenario found that the June Brent Crude Oil(ICE) also closed higher in February than January in 17(Cond Years) of those years. Of those 17, CBM went on to exceed the February high within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the CBM should exceed 57.99(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 64.18(Average Objective).
July Brent Crude Oil(ICE): The CBN7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 56.42(Prev Close), the market ended February at 57.01(Month Close), that being 61%(Pct Range) off of 55.26(Month Low) to 58.14(Month High).

In comparing the January/February closes for each of the last 26 years(Total Years), Scenario found that the July Brent Crude Oil(ICE) also closed higher in February than January in 16(Cond Years) of those years. Of those 16, CBN went on to exceed the February high within the next 2 months in 16 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the CBN should exceed 58.14(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 64.15(Average Objective).
August Brent Crude Oil(ICE): The CBQ7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 56.54(Prev Close), the market ended February at 57.10(Month Close), that being 61%(Pct Range) off of 55.41(Month Low) to 58.19(Month High).

In comparing the January/February closes for each of the last 26 years(Total Years), Scenario found that the August Brent Crude Oil(ICE) also closed higher in February than January in 16(Cond Years) of those years. Of those 16, CBQ went on to exceed the February high within the next 2 months in 16 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the CBQ should exceed 58.19(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 63.91(Average Objective).
May Soybeans(CBOT): The SK7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 1034.25(Prev Close), the market ended February at 1035.75(Month Close), that being 33%(Pct Range) off of 1017.00(Month Low) to 1074.50(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 1074.50(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 1172.80(Average Objective).
July Soybeans(CBOT): The SN7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 1042.00(Prev Close), the market ended February at 1044.50(Month Close), that being 34%(Pct Range) off of 1025.50(Month Low) to 1081.75(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 1081.75(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 1181.04(Average Objective).
August Soybeans(CBOT): The SQ7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 1039.50(Prev Close), the market ended February at 1044.00(Month Close), that being 35%(Pct Range) off of 1025.50(Month Low) to 1078.50(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 1078.50(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 1175.00(Average Objective).
November Soybeans(CBOT): The SX7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 1001.00(Prev Close), the market ended February at 1018.25(Month Close), that being 58%(Pct Range) off of 995.50(Month Low) to 1034.50(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 1034.50(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 1098.85(Average Objective).
May Rough Rice(CBOT): The RRK7(Mkt) ended Lower(Cond) for February(Month). Compared to January's 9.79(Prev Close), the market ended February at 9.56(Month Close), that being 15%(Pct Range) off of 9.51(Month Low) to 9.90(Month High).

In comparing the January/February closes for each of the last 30 years(Total Years), Scenario found that the May Rough Rice(CBOT) also closed lower in February than January in 19(Cond Years) of those years. Of those 19, RRK went on to penetrate the February low within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.

Therefore, the historical odds are high that the RRK should penetrate 9.51(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 8.68(Average Objective).
June Live Cattle(CME): The LCM7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 104.200(Prev Close), the market ended February at 107.550(Month Close), that being 94%(Pct Range) off of 103.150(Month Low) to 107.850(Month High).

In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the June Live Cattle(CME) also closed higher in February than January in 26(Cond Years) of those years. Of those 26, LCM 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 LCM should exceed 107.850(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 113.944(Average Objective).
August Live Cattle(CME): The LCQ7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 99.980(Prev Close), the market ended February at 102.430(Month Close), that being 85%(Pct Range) off of 99.400(Month Low) to 102.980(Month High).

In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the August Live Cattle(CME) also closed higher in February than January in 22(Cond Years) of those years. Of those 22, LCQ went on to exceed the February high within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the LCQ should exceed 102.980(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 107.944(Average Objective).
May Feeder Cattle(CME): The FCK7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 121.335(Prev Close), the market ended February at 124.730(Month Close), that being 91%(Pct Range) off of 119.500(Month Low) to 125.250(Month High).

In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the May Feeder Cattle(CME) also closed higher in February than January in 27(Cond Years) of those years. Of those 27, FCK 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 FCK should exceed 125.250(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 132.389(Average Objective).
May Lean Hogs(CME): The HEK7(Mkt) ended Lower(Cond) for February(Month). Compared to January's 73.970(Prev Close), the market ended February at 73.950(Month Close), that being 41%(Pct Range) off of 72.150(Month Low) to 76.500(Month High).

In comparing the January/February closes for each of the last 15 years(Total Years), Scenario found that the May Lean Hogs(CME) also closed lower in February than January in 7(Cond Years) of those years. Of those 7, HEK went on to penetrate the February low within the next 2 months in 7 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the HEK should penetrate 72.150(Scenario Objective) by no later than the end of April. If it does so, Scenario would further project (based on normalizing those previous 7 years) a potential move toward 64.682(Average Objective).
June Lean Hogs(CME): The HEM7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 77.600(Prev Close), the market ended February at 77.630(Month Close), that being 38%(Pct Range) off of 75.930(Month Low) to 80.350(Month High).

In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed higher in February than January in 21(Cond Years) of those years. Of those 21, HEM went on to exceed the February high within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the HEM should exceed 80.350(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 87.153(Average Objective).
May Cocoa(ICE): The CCK7(Mkt) ended Lower(Cond) for February(Month). Compared to January's 2102(Prev Close), the market ended February at 1909(Month Close), that being 7%(Pct Range) off of 1890(Month Low) to 2146(Month High).

In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the May Cocoa(ICE) also closed lower in February than January in 21(Cond Years) of those years. Of those 21, CCK 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 CCK should penetrate 1890(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 1692(Average Objective).
July Cocoa(ICE): The CCN7(Mkt) ended Lower(Cond) for February(Month). Compared to January's 2111(Prev Close), the market ended February at 1920(Month Close), that being 8%(Pct Range) off of 1901(Month Low) to 2154(Month High).

In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Cocoa(ICE) also closed lower in February than January in 21(Cond Years) of those years. Of those 21, CCN 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 CCN should penetrate 1901(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 1698(Average Objective).
July Lumber(CME): The LBN7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 347.4(Prev Close), the market ended February at 386.1(Month Close), that being 81%(Pct Range) off of 348.8(Month Low) to 395.1(Month High).

In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the July Lumber(CME) also closed higher in February than January in 20(Cond Years) of those years. Of those 20, LBN 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 LBN should exceed 395.1(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 428.9(Average Objective).
May Cotton(ICE): The CTK7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 75.60(Prev Close), the market ended February at 76.34(Month Close), that being 38%(Pct Range) off of 75.05(Month Low) to 78.45(Month High).

In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the May Cotton(ICE) also closed higher in February than January in 27(Cond Years) of those years. Of those 27, CTK went on to exceed the February high within the next 2 months in 25 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the CTK should exceed 78.45(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 85.25(Average Objective).
October Cotton(ICE): The CTV7(Mkt) ended Higher(Cond) for February(Month). Compared to January's 72.39(Prev Close), the market ended February at 74.40(Month Close), that being 84%(Pct Range) off of 72.97(Month Low) to 74.68(Month High).

In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the October Cotton(ICE) also closed higher in February than January in 26(Cond Years) of those years. Of those 26, CTV 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 CTV should exceed 74.68(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 78.87(Average Objective).

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