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MRCI's Scenario Summary

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MRCI's ScenarioSM Summary

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.
ScenarioSM Summary Mar 31, 2019
Historical Data Scenario Data Current Market Data

Mkt
Cond
Month		 Prev
Close		 Month
High		 Month
Low		 Month
Close		 Pct
Range		 Total
Years		 Cond
Years		 Action
Years
Pct		 Scenario
Objective		 Average
Objective		 Last
Price
#DJ Higher Mar 25916.00 26156.00 25208.00 25929.00 76% 45 29 26 90% 26156.00 27777.96 25929.00
#UTIL Higher Mar 756.35 790.15 753.05 778.70 69% 45 25 25 100% 790.15 825.16 778.70
#NDX Higher Mar 7097.50 7505.25 6940.50 7378.75 78% 33 21 18 86% 7505.25 8090.15 7378.75
#SP Higher Mar 2784.50 2860.30 2722.25 2834.40 81% 45 28 24 86% 2860.30 3020.81 2834.40
SFM9 Lower Mar 101.24 101.91 99.70 101.14 65% 43 22 21 95% 99.70 95.82 101.14
EUM9 Lower Mar 114.81 115.35 112.70 112.89 7% 20 10 9 90% 112.70 107.85 112.89
DXM9 Higher Mar 95.558 97.160 95.170 96.845 84% 33 16 14 88% 97.160 100.428 96.845
CLM9 Higher Mar 58.06 60.87 55.31 60.28 89% 35 23 22 96% 60.87 67.11 60.28
CLN9 Higher Mar 58.49 60.98 55.80 60.40 89% 35 23 21 91% 60.98 66.96 60.40
CLQ9 Higher Mar 58.83 61.07 56.21 60.49 88% 35 25 22 88% 61.07 67.03 60.49
ITCON9 Higher Mar 66.23 68.21 63.91 67.21 77% 29 18 17 94% 68.21 75.81 67.21
ITCOQ9 Higher Mar 66.18 67.95 63.85 66.94 75% 29 18 17 94% 67.95 75.14 66.94
ITCOU9 Higher Mar 66.09 67.77 63.77 66.72 74% 29 18 17 94% 67.77 74.66 66.72
RBM9 Higher Mar 176.92 189.60 172.98 186.80 83% 33 25 22 88% 189.60 213.34 186.80
RBN9 Higher Mar 176.59 187.34 172.69 185.20 85% 33 25 21 84% 187.34 207.67 185.20
RBQ9 Higher Mar 175.54 185.50 171.70 183.30 84% 33 25 22 88% 185.50 203.86 183.30
NGM9 Lower Mar 2.863 2.941 2.708 2.713 2% 28 9 9 100% 2.708 2.483 2.713
NGN9 Lower Mar 2.905 2.990 2.768 2.772 2% 28 9 9 100% 2.768 2.528 2.772
NGQ9 Lower Mar 2.919 3.004 2.793 2.797 2% 28 9 9 100% 2.793 2.573 2.797
CBM9 Higher Mar 66.33 68.48 63.99 67.58 80% 29 17 15 88% 68.48 74.13 67.58
CBM9 Higher Mar 66.33 68.48 63.99 67.58 80% 29 17 15 88% 68.48 74.13 67.58
CBQ9 Higher Mar 66.18 67.95 63.85 66.94 75% 29 18 17 94% 67.95 75.14 66.94
SN9 Lower Mar 924.00 938.25 896.50 897.75 3% 45 20 17 85% 896.50 856.69 897.75
SQ9 Lower Mar 930.00 944.00 903.00 904.00 2% 45 20 17 85% 903.00 861.49 904.00
BOQ9 Lower Mar 30.75 31.12 28.83 28.84 0% 45 20 17 85% 28.83 27.28 28.84
BOU9 Lower Mar 30.89 31.26 28.99 29.01 1% 45 20 17 85% 28.99 27.52 29.01
CN9 Lower Mar 379.50 390.00 365.75 366.25 2% 45 21 18 86% 365.75 340.22 366.25
CU9 Lower Mar 385.25 396.00 374.50 375.00 2% 45 19 19 100% 374.50 351.73 375.00
CZ9 Lower Mar 392.00 402.50 384.25 384.75 3% 45 20 19 95% 384.25 361.65 384.75
WZ9 Lower Mar 492.75 504.75 459.50 484.75 56% 45 27 23 85% 459.50 432.52 484.75
RRU9 Higher Mar 10.70 11.21 10.63 10.94 53% 32 19 17 89% 11.21 12.13 10.94
LCM9 Lower Mar 120.150 124.900 117.930 119.000 15% 45 23 20 87% 117.930 109.998 119.000
LCQ9 Lower Mar 115.900 121.150 114.500 115.680 18% 45 22 19 86% 114.500 108.368 115.680
FCQ9 Higher Mar 151.600 159.830 150.050 156.250 63% 44 20 18 90% 159.830 169.497 156.250
FCU9 Higher Mar 152.080 160.000 150.900 157.735 75% 44 20 19 95% 160.000 168.988 157.735
HEM9 Higher Mar 75.900 97.830 74.800 88.550 60% 45 23 20 87% 97.830 106.420 88.550
HEN9 Higher Mar 78.280 101.530 77.280 92.200 62% 45 24 22 92% 101.530 109.177 92.200
HEQ9 Higher Mar 78.580 102.980 77.800 93.050 61% 45 23 21 91% 102.980 110.775 93.050
KCN9 Lower Mar 101.15 103.60 95.30 97.05 21% 45 22 19 86% 95.30 87.35 97.05
CCN9 Lower Mar 2271 2299 2128 2270 83% 45 22 20 91% 2128 1862 2270
CCU9 Lower Mar 2288 2313 2148 2271 75% 45 22 19 86% 2148 1884 2271
LBN9 Lower Mar 397.1 411.9 362.0 363.6 3% 45 22 19 86% 362.0 328.8 363.6


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for March(Month). Compared to February's 25916.00(Prev Close), the market ended March at 25929.00(Month Close), that being 76%(Pct Range) off of 25208.00(Month Low) to 26156.00(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed higher in March than February in 29(Cond Years) of those years. Of those 29, the #DJ went on to exceed the March 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 the #DJ should exceed 26156.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 26 years) a potential move toward 27777.96(Average Objective).

Dow Jones Utilities
The #UTIL(Mkt) ended Higher(Cond) for March(Month). Compared to February's 756.35(Prev Close), the market ended March at 778.70(Month Close), that being 69%(Pct Range) off of 753.05(Month Low) to 790.15(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Utilities also closed higher in March than February in 25(Cond Years) of those years. Of those 25, the #UTIL went on to exceed the March high within the next 2 months in 25 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #UTIL should exceed 790.15(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 25 years) a potential move toward 825.16(Average Objective).

NASDAQ 100 Index
The #NDX(Mkt) ended Higher(Cond) for March(Month). Compared to February's 7097.50(Prev Close), the market ended March at 7378.75(Month Close), that being 78%(Pct Range) off of 6940.50(Month Low) to 7505.25(Month High).

In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in March than February in 21(Cond Years) of those years. Of those 21, the #NDX went on to exceed the March high within the next 2 months in 18 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the the #NDX should exceed 7505.25(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 8090.15(Average Objective).

S & P 500 Stock Index
The #SP(Mkt) ended Higher(Cond) for March(Month). Compared to February's 2784.50(Prev Close), the market ended March at 2834.40(Month Close), that being 81%(Pct Range) off of 2722.25(Month Low) to 2860.30(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed higher in March than February in 28(Cond Years) of those years. Of those 28, the #SP went on to exceed the March high within the next 2 months in 24 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the the #SP should exceed 2860.30(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 24 years) a potential move toward 3020.81(Average Objective).

June Swiss Franc(CME)
The SFM9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 101.24(Prev Close), the market ended March at 101.14(Month Close), that being 65%(Pct Range) off of 99.70(Month Low) to 101.91(Month High).

In comparing the February/March closes for each of the last 43 years(Total Years), Scenario found that the June Swiss Franc(CME) also closed lower in March than February in 22(Cond Years) of those years. Of those 22, SFM went on to penetrate the March low within the next 2 months in 21 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the SFM should penetrate 99.70(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 95.82(Average Objective).

June EuroFX(CME)
The EUM9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 114.81(Prev Close), the market ended March at 112.89(Month Close), that being 7%(Pct Range) off of 112.70(Month Low) to 115.35(Month High).

In comparing the February/March closes for each of the last 20 years(Total Years), Scenario found that the June EuroFX(CME) also closed lower in March than February in 10(Cond Years) of those years. Of those 10, EUM went on to penetrate the March low within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.

Therefore, the historical odds are high that the EUM should penetrate 112.70(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 107.85(Average Objective).

June US Dollar Index(ICE)
The DXM9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 95.558(Prev Close), the market ended March at 96.845(Month Close), that being 84%(Pct Range) off of 95.170(Month Low) to 97.160(Month High).

In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the June US Dollar Index(ICE) also closed higher in March than February in 16(Cond Years) of those years. Of those 16, DXM went on to exceed the March high within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the DXM should exceed 97.160(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 14 years) a potential move toward 100.428(Average Objective).

June Crude Oil(NYM)
The CLM9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 58.06(Prev Close), the market ended March at 60.28(Month Close), that being 89%(Pct Range) off of 55.31(Month Low) to 60.87(Month High).

In comparing the February/March closes for each of the last 35 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed higher in March than February in 23(Cond Years) of those years. Of those 23, CLM went on to exceed the March 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 CLM should exceed 60.87(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 67.11(Average Objective).

July Crude Oil(NYM)
The CLN9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 58.49(Prev Close), the market ended March at 60.40(Month Close), that being 89%(Pct Range) off of 55.80(Month Low) to 60.98(Month High).

In comparing the February/March closes for each of the last 35 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed higher in March than February in 23(Cond Years) of those years. Of those 23, CLN went on to exceed the March 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 CLN should exceed 60.98(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 66.96(Average Objective).

August Crude Oil(NYM)
The CLQ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 58.83(Prev Close), the market ended March at 60.49(Month Close), that being 88%(Pct Range) off of 56.21(Month Low) to 61.07(Month High).

In comparing the February/March closes for each of the last 35 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed higher in March than February in 25(Cond Years) of those years. Of those 25, CLQ went on to exceed the March 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 CLQ should exceed 61.07(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 67.03(Average Objective).

July Brent Crude Oil(ICE)
The ITCON9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 66.23(Prev Close), the market ended March at 67.21(Month Close), that being 77%(Pct Range) off of 63.91(Month Low) to 68.21(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the July Brent Crude Oil(ICE) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, ITCON went on to exceed the March 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 ITCON should exceed 68.21(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 75.81(Average Objective).

August Brent Crude Oil(ICE)
The ITCOQ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 66.18(Prev Close), the market ended March at 66.94(Month Close), that being 75%(Pct Range) off of 63.85(Month Low) to 67.95(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the August Brent Crude Oil(ICE) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, ITCOQ went on to exceed the March 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 ITCOQ should exceed 67.95(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 75.14(Average Objective).

September Brent Crude Oil(ICE)
The ITCOU9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 66.09(Prev Close), the market ended March at 66.72(Month Close), that being 74%(Pct Range) off of 63.77(Month Low) to 67.77(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the September Brent Crude Oil(ICE) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, ITCOU went on to exceed the March 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 ITCOU should exceed 67.77(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 74.66(Average Objective).

June RBOB Gasoline(NYM)
The RBM9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 176.92(Prev Close), the market ended March at 186.80(Month Close), that being 83%(Pct Range) off of 172.98(Month Low) to 189.60(Month High).

In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the June RBOB Gasoline(NYM) also closed higher in March than February in 25(Cond Years) of those years. Of those 25, RBM went on to exceed the March 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 RBM should exceed 189.60(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 213.34(Average Objective).

July RBOB Gasoline(NYM)
The RBN9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 176.59(Prev Close), the market ended March at 185.20(Month Close), that being 85%(Pct Range) off of 172.69(Month Low) to 187.34(Month High).

In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the July RBOB Gasoline(NYM) also closed higher in March than February in 25(Cond Years) of those years. Of those 25, RBN went on to exceed the March 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 RBN should exceed 187.34(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 207.67(Average Objective).

August RBOB Gasoline(NYM)
The RBQ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 175.54(Prev Close), the market ended March at 183.30(Month Close), that being 84%(Pct Range) off of 171.70(Month Low) to 185.50(Month High).

In comparing the February/March closes for each of the last 33 years(Total Years), Scenario found that the August RBOB Gasoline(NYM) also closed higher in March than February in 25(Cond Years) of those years. Of those 25, RBQ went on to exceed the March 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 RBQ should exceed 185.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 203.86(Average Objective).

June Natural Gas(NYM)
The NGM9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 2.863(Prev Close), the market ended March at 2.713(Month Close), that being 2%(Pct Range) off of 2.708(Month Low) to 2.941(Month High).

In comparing the February/March closes for each of the last 28 years(Total Years), Scenario found that the June Natural Gas(NYM) also closed lower in March than February in 9(Cond Years) of those years. Of those 9, NGM went on to penetrate the March low within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGM should penetrate 2.708(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 2.483(Average Objective).

July Natural Gas(NYM)
The NGN9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 2.905(Prev Close), the market ended March at 2.772(Month Close), that being 2%(Pct Range) off of 2.768(Month Low) to 2.990(Month High).

In comparing the February/March closes for each of the last 28 years(Total Years), Scenario found that the July Natural Gas(NYM) also closed lower in March than February in 9(Cond Years) of those years. Of those 9, NGN went on to penetrate the March low within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGN should penetrate 2.768(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 2.528(Average Objective).

August Natural Gas(NYM)
The NGQ9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 2.919(Prev Close), the market ended March at 2.797(Month Close), that being 2%(Pct Range) off of 2.793(Month Low) to 3.004(Month High).

In comparing the February/March closes for each of the last 28 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed lower in March than February in 9(Cond Years) of those years. Of those 9, NGQ went on to penetrate the March low within the next 2 months in 9 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGQ should penetrate 2.793(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 9 years) a potential move toward 2.573(Average Objective).

June Brent Crude Oil(ICE)
The CBM9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 66.33(Prev Close), the market ended March at 67.58(Month Close), that being 80%(Pct Range) off of 63.99(Month Low) to 68.48(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the June Brent Crude Oil(ICE) also closed higher in March than February in 17(Cond Years) of those years. Of those 17, CBM went on to exceed the March 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 68.48(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 74.13(Average Objective).

June Brent Crude Oil(ICE)
The CBM9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 66.33(Prev Close), the market ended March at 67.58(Month Close), that being 80%(Pct Range) off of 63.99(Month Low) to 68.48(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the June Brent Crude Oil(ICE) also closed higher in March than February in 17(Cond Years) of those years. Of those 17, CBM went on to exceed the March 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 68.48(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 15 years) a potential move toward 74.13(Average Objective).

August Brent Crude Oil(ICE)
The CBQ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 66.18(Prev Close), the market ended March at 66.94(Month Close), that being 75%(Pct Range) off of 63.85(Month Low) to 67.95(Month High).

In comparing the February/March closes for each of the last 29 years(Total Years), Scenario found that the August Brent Crude Oil(ICE) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, CBQ went on to exceed the March 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 CBQ should exceed 67.95(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 75.14(Average Objective).

July Soybeans(CBOT)
The SN9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 924.00(Prev Close), the market ended March at 897.75(Month Close), that being 3%(Pct Range) off of 896.50(Month Low) to 938.25(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the July Soybeans(CBOT) also closed lower in March than February in 20(Cond Years) of those years. Of those 20, SN went on to penetrate the March low within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the SN should penetrate 896.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 856.69(Average Objective).

August Soybeans(CBOT)
The SQ9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 930.00(Prev Close), the market ended March at 904.00(Month Close), that being 2%(Pct Range) off of 903.00(Month Low) to 944.00(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the August Soybeans(CBOT) also closed lower in March than February in 20(Cond Years) of those years. Of those 20, SQ went on to penetrate the March low within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the SQ should penetrate 903.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 861.49(Average Objective).

August Soybean Oil(CBOT)
The BOQ9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 30.75(Prev Close), the market ended March at 28.84(Month Close), that being 0%(Pct Range) off of 28.83(Month Low) to 31.12(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed lower in March than February in 20(Cond Years) of those years. Of those 20, BOQ went on to penetrate the March low within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the BOQ should penetrate 28.83(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 27.28(Average Objective).

September Soybean Oil(CBOT)
The BOU9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 30.89(Prev Close), the market ended March at 29.01(Month Close), that being 1%(Pct Range) off of 28.99(Month Low) to 31.26(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the September Soybean Oil(CBOT) also closed lower in March than February in 20(Cond Years) of those years. Of those 20, BOU went on to penetrate the March low within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the BOU should penetrate 28.99(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 27.52(Average Objective).

July Corn(CBOT)
The CN9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 379.50(Prev Close), the market ended March at 366.25(Month Close), that being 2%(Pct Range) off of 365.75(Month Low) to 390.00(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the July Corn(CBOT) also closed lower in March than February in 21(Cond Years) of those years. Of those 21, CN went on to penetrate the March 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 CN should penetrate 365.75(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 340.22(Average Objective).

September Corn(CBOT)
The CU9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 385.25(Prev Close), the market ended March at 375.00(Month Close), that being 2%(Pct Range) off of 374.50(Month Low) to 396.00(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the September Corn(CBOT) also closed lower in March than February in 19(Cond Years) of those years. Of those 19, CU went on to penetrate the March low within the next 2 months in 19 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the CU should penetrate 374.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 351.73(Average Objective).

December Corn(CBOT)
The CZ9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 392.00(Prev Close), the market ended March at 384.75(Month Close), that being 3%(Pct Range) off of 384.25(Month Low) to 402.50(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the December Corn(CBOT) also closed lower in March than February in 20(Cond Years) of those years. Of those 20, CZ went on to penetrate the March 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 CZ should penetrate 384.25(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 361.65(Average Objective).

December Wheat(CBOT)
The WZ9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 492.75(Prev Close), the market ended March at 484.75(Month Close), that being 56%(Pct Range) off of 459.50(Month Low) to 504.75(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the December Wheat(CBOT) also closed lower in March than February in 27(Cond Years) of those years. Of those 27, WZ went on to penetrate the March low within the next 2 months in 23 years(Action Years) or 85%(Pct) of the time.

Therefore, the historical odds are high that the WZ should penetrate 459.50(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 23 years) a potential move toward 432.52(Average Objective).

September Rough Rice(CBOT)
The RRU9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 10.70(Prev Close), the market ended March at 10.94(Month Close), that being 53%(Pct Range) off of 10.63(Month Low) to 11.21(Month High).

In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed higher in March than February in 19(Cond Years) of those years. Of those 19, RRU went on to exceed the March high within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the RRU should exceed 11.21(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 17 years) a potential move toward 12.13(Average Objective).

June Live Cattle(CME)
The LCM9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 120.150(Prev Close), the market ended March at 119.000(Month Close), that being 15%(Pct Range) off of 117.930(Month Low) to 124.900(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the June Live Cattle(CME) also closed lower in March than February in 23(Cond Years) of those years. Of those 23, LCM went on to penetrate the March low within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the LCM should penetrate 117.930(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 109.998(Average Objective).

August Live Cattle(CME)
The LCQ9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 115.900(Prev Close), the market ended March at 115.680(Month Close), that being 18%(Pct Range) off of 114.500(Month Low) to 121.150(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the August Live Cattle(CME) also closed lower in March than February in 22(Cond Years) of those years. Of those 22, LCQ went on to penetrate the March low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the LCQ should penetrate 114.500(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 108.368(Average Objective).

August Feeder Cattle(CME)
The FCQ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 151.600(Prev Close), the market ended March at 156.250(Month Close), that being 63%(Pct Range) off of 150.050(Month Low) to 159.830(Month High).

In comparing the February/March closes for each of the last 44 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed higher in March than February in 20(Cond Years) of those years. Of those 20, FCQ went on to exceed the March 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 FCQ should exceed 159.830(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 18 years) a potential move toward 169.497(Average Objective).

September Feeder Cattle(CME)
The FCU9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 152.080(Prev Close), the market ended March at 157.735(Month Close), that being 75%(Pct Range) off of 150.900(Month Low) to 160.000(Month High).

In comparing the February/March closes for each of the last 44 years(Total Years), Scenario found that the September Feeder Cattle(CME) also closed higher in March than February in 20(Cond Years) of those years. Of those 20, FCU went on to exceed the March 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 FCU should exceed 160.000(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 168.988(Average Objective).

June Lean Hogs(CME)
The HEM9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 75.900(Prev Close), the market ended March at 88.550(Month Close), that being 60%(Pct Range) off of 74.800(Month Low) to 97.830(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the June Lean Hogs(CME) also closed higher in March than February in 23(Cond Years) of those years. Of those 23, HEM went on to exceed the March high within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the HEM should exceed 97.830(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 106.420(Average Objective).

July Lean Hogs(CME)
The HEN9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 78.280(Prev Close), the market ended March at 92.200(Month Close), that being 62%(Pct Range) off of 77.280(Month Low) to 101.530(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed higher in March than February in 24(Cond Years) of those years. Of those 24, HEN went on to exceed the March high within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the HEN should exceed 101.530(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 22 years) a potential move toward 109.177(Average Objective).

August Lean Hogs(CME)
The HEQ9(Mkt) ended Higher(Cond) for March(Month). Compared to February's 78.580(Prev Close), the market ended March at 93.050(Month Close), that being 61%(Pct Range) off of 77.800(Month Low) to 102.980(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the August Lean Hogs(CME) also closed higher in March than February in 23(Cond Years) of those years. Of those 23, HEQ went on to exceed the March 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 HEQ should exceed 102.980(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 21 years) a potential move toward 110.775(Average Objective).

July Coffee "C"(ICE)
The KCN9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 101.15(Prev Close), the market ended March at 97.05(Month Close), that being 21%(Pct Range) off of 95.30(Month Low) to 103.60(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the July Coffee "C"(ICE) also closed lower in March than February in 22(Cond Years) of those years. Of those 22, KCN went on to penetrate the March low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the KCN should penetrate 95.30(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 87.35(Average Objective).

July Cocoa(ICE)
The CCN9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 2271(Prev Close), the market ended March at 2270(Month Close), that being 83%(Pct Range) off of 2128(Month Low) to 2299(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the July Cocoa(ICE) also closed lower in March than February in 22(Cond Years) of those years. Of those 22, CCN went on to penetrate the March low within the next 2 months in 20 years(Action Years) or 91%(Pct) of the time.

Therefore, the historical odds are high that the CCN should penetrate 2128(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 20 years) a potential move toward 1862(Average Objective).

September Cocoa(ICE)
The CCU9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 2288(Prev Close), the market ended March at 2271(Month Close), that being 75%(Pct Range) off of 2148(Month Low) to 2313(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the September Cocoa(ICE) also closed lower in March than February in 22(Cond Years) of those years. Of those 22, CCU went on to penetrate the March low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the CCU should penetrate 2148(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 1884(Average Objective).

July Lumber(CME)
The LBN9(Mkt) ended Lower(Cond) for March(Month). Compared to February's 397.1(Prev Close), the market ended March at 363.6(Month Close), that being 3%(Pct Range) off of 362.0(Month Low) to 411.9(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the July Lumber(CME) also closed lower in March than February in 22(Cond Years) of those years. Of those 22, LBN went on to penetrate the March low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the LBN should penetrate 362.0(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 19 years) a potential move toward 328.8(Average Objective).
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US stock indices have still continued into new all-time highs, and some international stock markets have also been trending higher. Are there certain times of the year that have consistently provided incredible opportunities? But which way and when? MRCI has just released the 2024 Historical Indices Report, complete with seasonal patterns not only for US futures on S&P500, S&P MidCap 400, NASDAQ 100, Russell 2000, and DJIA but also for futures on several major international indices including the FT-SE 100, CAC 40, Nikkei 225, DAX, Euro STOXX 50, Swiss Market Index, SPI 200, and Hang Seng Index.