- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 24346.00(Prev Close), the market ended May at 25383.00(Month Close),
that being 87%(Pct Range) off of
22790.00(Month Low) to 25759.00(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed
higher in May than April in 26(Cond Years) of those years.
Of those 26, the #DJ went on to exceed the May 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 the #DJ should exceed 25759.00(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 26950.92(Average Objective).
- S & P 100(OEX)
- The #OEX(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 27.30(Prev Close), the market ended May at 78.91(Month Close),
that being 12%(Pct Range) off of
2.15(Month Low) to 653.12(Month High).
In comparing the April/May closes for each of the last 44 years(Total Years), Scenario found that the S & P 100(OEX) also closed
higher in May than April in 27(Cond Years) of those years.
Of those 27, the #OEX went on to exceed the May 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 the #OEX should exceed 653.12(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 25 years) a potential move
toward 659.09(Average Objective).
- NASDAQ 100 Index
- The #NQ(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 9000.50(Prev Close), the market ended May at 9555.50(Month Close),
that being 98%(Pct Range) off of
8665.25(Month Low) to 9570.50(Month High).
In comparing the April/May closes for each of the last 34 years(Total Years), Scenario found that the NASDAQ 100 Index also closed
higher in May than April in 23(Cond Years) of those years.
Of those 23, the #NQ went on to exceed the May 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 #NQ should exceed 9570.50(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 10053.83(Average Objective).
- Russell 2000 Index
- The #QR(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 1310.65(Prev Close), the market ended May at 1355.55(Month Close),
that being 100%(Pct Range) off of
1181.10(Month Low) to 1355.75(Month High).
In comparing the April/May closes for each of the last 41 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in May than April in 26(Cond Years) of those years.
Of those 26, the #QR went on to exceed the May 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 the #QR should exceed 1355.75(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 1425.79(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 5384.00(Prev Close), the market ended May at 5730.90(Month Close),
that being 84%(Pct Range) off of
4800.40(Month Low) to 5903.40(Month High).
In comparing the April/May closes for each of the last 37 years(Total Years), Scenario found that the Value Line Index also closed
higher in May than April in 25(Cond Years) of those years.
Of those 25, the #VLE went on to exceed the May 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 the #VLE should exceed 5903.40(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 6185.63(Average Objective).
- September S & P 500(CME)
- The SPU0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 2894.00(Prev Close), the market ended May at 3031.75(Month Close),
that being 100%(Pct Range) off of
2804.25(Month Low) to 3031.75(Month High).
In comparing the April/May closes for each of the last 38 years(Total Years), Scenario found that the September S & P 500(CME) also closed
higher in May than April in 25(Cond Years) of those years.
Of those 25, SPU went on to exceed the May 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 SPU should exceed 3031.75(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 3149.97(Average Objective).
- September NASDAQ 100 E-Mini(CME)
- The NQU0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 8974.25(Prev Close), the market ended May at 9542.25(Month Close),
that being 96%(Pct Range) off of
8545.00(Month Low) to 9587.50(Month High).
In comparing the April/May closes for each of the last 23 years(Total Years), Scenario found that the September NASDAQ 100 E-Mini(CME) also closed
higher in May than April in 13(Cond Years) of those years.
Of those 13, NQU went on to exceed the May high within the next 2 months in 13 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NQU should exceed 9587.50(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 10151.93(Average Objective).
- September 10-Year T-Notes(CBOT)
- The TYU0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 138~270(Prev Close), the market ended May at 139~020(Month Close),
that being 76%(Pct Range) off of
137~305(Month Low) to 139~135(Month High).
In comparing the April/May closes for each of the last 37 years(Total Years), Scenario found that the September 10-Year T-Notes(CBOT) also closed
higher in May than April in 18(Cond Years) of those years.
Of those 18, TYU went on to exceed the May 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 TYU should exceed 139~135(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 143~029(Average Objective).
- September 5-Year T-Notes(CBOT)
- The FVU0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 125~112(Prev Close), the market ended May at 125~200(Month Close),
that being 79%(Pct Range) off of
125~014(Month Low) to 125~250(Month High).
In comparing the April/May closes for each of the last 31 years(Total Years), Scenario found that the September 5-Year T-Notes(CBOT) also closed
higher in May than April in 19(Cond Years) of those years.
Of those 19, FVU went on to exceed the May 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 FVU should exceed 125~250(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 128~044(Average Objective).
- December Eurodollars(CME)
- The EDZ0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 99.685(Prev Close), the market ended May at 99.695(Month Close),
that being 31%(Pct Range) off of
99.655(Month Low) to 99.785(Month High).
In comparing the April/May closes for each of the last 38 years(Total Years), Scenario found that the December Eurodollars(CME) also closed
higher in May than April in 20(Cond Years) of those years.
Of those 20, EDZ went on to exceed the May 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 EDZ should exceed 99.785(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 100.245(Average Objective).
- March Eurodollars(CME)
- The EDH1(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 99.745(Prev Close), the market ended May at 99.780(Month Close),
that being 44%(Pct Range) off of
99.710(Month Low) to 99.870(Month High).
In comparing the April/May closes for each of the last 38 years(Total Years), Scenario found that the March Eurodollars(CME) also closed
higher in May than April in 20(Cond Years) of those years.
Of those 20, EDH went on to exceed the May 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 EDH should exceed 99.870(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 100.390(Average Objective).
- September Australian Dollar(CME)
- The ADU0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 65.24(Prev Close), the market ended May at 66.59(Month Close),
that being 92%(Pct Range) off of
63.74(Month Low) to 66.83(Month High).
In comparing the April/May closes for each of the last 33 years(Total Years), Scenario found that the September Australian Dollar(CME) also closed
higher in May than April in 12(Cond Years) of those years.
Of those 12, ADU went on to exceed the May high within the next 2 months in 12 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the ADU should exceed 66.83(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 68.53(Average Objective).
- September EuroFX(CME)
- The EUU0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 109.84(Prev Close), the market ended May at 111.23(Month Close),
that being 87%(Pct Range) off of
107.97(Month Low) to 111.70(Month High).
In comparing the April/May closes for each of the last 21 years(Total Years), Scenario found that the September EuroFX(CME) also closed
higher in May than April in 7(Cond Years) of those years.
Of those 7, EUU went on to exceed the May high within the next 2 months in 6 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the EUU should exceed 111.70(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 6 years) a potential move
toward 114.63(Average Objective).
- September RBOB Gasoline(NYM)
- The RBU0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 83.65(Prev Close), the market ended May at 109.27(Month Close),
that being 97%(Pct Range) off of
78.93(Month Low) to 110.20(Month High).
In comparing the April/May closes for each of the last 35 years(Total Years), Scenario found that the September RBOB Gasoline(NYM) also closed
higher in May than April in 19(Cond Years) of those years.
Of those 19, RBU went on to exceed the May 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 RBU should exceed 110.20(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 118.07(Average Objective).
- October RBOB Gasoline(NYM)
- The RBV0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 77.04(Prev Close), the market ended May at 101.13(Month Close),
that being 97%(Pct Range) off of
72.25(Month Low) to 102.00(Month High).
In comparing the April/May closes for each of the last 35 years(Total Years), Scenario found that the October RBOB Gasoline(NYM) also closed
higher in May than April in 19(Cond Years) of those years.
Of those 19, RBV went on to exceed the May 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 RBV should exceed 102.00(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 109.31(Average Objective).
- August Natural Gas(NYM)
- The NGQ0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 2.275(Prev Close), the market ended May at 1.940(Month Close),
that being 13%(Pct Range) off of
1.862(Month Low) to 2.447(Month High).
In comparing the April/May closes for each of the last 30 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed
lower in May than April in 17(Cond Years) of those years.
Of those 17, NGQ went on to penetrate the May 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 NGQ should penetrate 1.862(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 1.590(Average Objective).
- September Natural Gas(NYM)
- The NGU0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 2.331(Prev Close), the market ended May at 1.988(Month Close),
that being 12%(Pct Range) off of
1.919(Month Low) to 2.499(Month High).
In comparing the April/May closes for each of the last 30 years(Total Years), Scenario found that the September Natural Gas(NYM) also closed
lower in May than April in 17(Cond Years) of those years.
Of those 17, NGU went on to penetrate the May 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 NGU should penetrate 1.919(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 1.626(Average Objective).
- October Natural Gas(NYM)
- The NGV0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 2.424(Prev Close), the market ended May at 2.068(Month Close),
that being 11%(Pct Range) off of
2.004(Month Low) to 2.588(Month High).
In comparing the April/May closes for each of the last 30 years(Total Years), Scenario found that the October Natural Gas(NYM) also closed
lower in May than April in 15(Cond Years) of those years.
Of those 15, NGV went on to penetrate the May low within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the NGV should penetrate 2.004(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 1.713(Average Objective).
- August Soybeans(CBOT)
- The SQ0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 855.75(Prev Close), the market ended May at 843.50(Month Close),
that being 37%(Pct Range) off of
832.50(Month Low) to 862.00(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the August Soybeans(CBOT) also closed
lower in May than April in 24(Cond Years) of those years.
Of those 24, SQ went on to penetrate the May low within the next 2 months in 24 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the SQ should penetrate 832.50(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 24 years) a potential move
toward 759.63(Average Objective).
- September Soybeans(CBOT)
- The SU0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 854.75(Prev Close), the market ended May at 845.50(Month Close),
that being 43%(Pct Range) off of
833.75(Month Low) to 861.25(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Soybeans(CBOT) also closed
lower in May than April in 23(Cond Years) of those years.
Of those 23, SU went on to penetrate the May low within the next 2 months in 23 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the SU should penetrate 833.75(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 768.35(Average Objective).
- November Soybeans(CBOT)
- The SX0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 857.75(Prev Close), the market ended May at 851.75(Month Close),
that being 50%(Pct Range) off of
838.50(Month Low) to 865.00(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed
lower in May than April in 24(Cond Years) of those years.
Of those 24, SX went on to penetrate the May low within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the SX should penetrate 838.50(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 776.11(Average Objective).
- August Soybean Meal(CBOT)
- The SMQ0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 295.20(Prev Close), the market ended May at 285.00(Month Close),
that being 9%(Pct Range) off of
283.90(Month Low) to 296.10(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the August Soybean Meal(CBOT) also closed
lower in May than April in 23(Cond Years) of those years.
Of those 23, SMQ went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the SMQ should penetrate 283.90(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 263.29(Average Objective).
- September Soybean Meal(CBOT)
- The SMU0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 295.70(Prev Close), the market ended May at 286.70(Month Close),
that being 9%(Pct Range) off of
285.70(Month Low) to 296.60(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Soybean Meal(CBOT) also closed
lower in May than April in 23(Cond Years) of those years.
Of those 23, SMU went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the SMU should penetrate 285.70(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 265.32(Average Objective).
- October Soybean Meal(CBOT)
- The SMV0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 296.00(Prev Close), the market ended May at 288.40(Month Close),
that being 15%(Pct Range) off of
286.90(Month Low) to 296.60(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the October Soybean Meal(CBOT) also closed
lower in May than April in 22(Cond Years) of those years.
Of those 22, SMV went on to penetrate the May low within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the SMV should penetrate 286.90(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 266.10(Average Objective).
- December Corn(CBOT)
- The CZ0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 337.25(Prev Close), the market ended May at 338.75(Month Close),
that being 70%(Pct Range) off of
330.00(Month Low) to 342.50(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Corn(CBOT) also closed
higher in May than April in 22(Cond Years) of those years.
Of those 22, CZ went on to exceed the May 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 CZ should exceed 342.50(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 370.84(Average Objective).
- September Wheat(CBOT)
- The WU0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 528.00(Prev Close), the market ended May at 523.50(Month Close),
that being 79%(Pct Range) off of
497.00(Month Low) to 530.50(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Wheat(CBOT) also closed
lower in May than April in 27(Cond Years) of those years.
Of those 27, WU went on to penetrate the May 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 WU should penetrate 497.00(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 445.30(Average Objective).
- December Wheat(CBOT)
- The WZ0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 536.25(Prev Close), the market ended May at 532.25(Month Close),
that being 79%(Pct Range) off of
507.00(Month Low) to 539.00(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Wheat(CBOT) also closed
lower in May than April in 26(Cond Years) of those years.
Of those 26, WZ went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the WZ should penetrate 507.00(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 456.52(Average Objective).
- September Wheat(KCBT)
- The KWU0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 494.75(Prev Close), the market ended May at 477.00(Month Close),
that being 63%(Pct Range) off of
445.50(Month Low) to 495.50(Month High).
In comparing the April/May closes for each of the last 44 years(Total Years), Scenario found that the September Wheat(KCBT) also closed
lower in May than April in 23(Cond Years) of those years.
Of those 23, KWU went on to penetrate the May 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 KWU should penetrate 445.50(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 403.86(Average Objective).
- December Wheat(KCBT)
- The KWZ0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 505.25(Prev Close), the market ended May at 488.00(Month Close),
that being 63%(Pct Range) off of
458.25(Month Low) to 505.75(Month High).
In comparing the April/May closes for each of the last 44 years(Total Years), Scenario found that the December Wheat(KCBT) also closed
lower in May than April in 23(Cond Years) of those years.
Of those 23, KWZ went on to penetrate the May 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 KWZ should penetrate 458.25(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 418.05(Average Objective).
- August Lean Hogs(CME)
- The HEQ0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 62.800(Prev Close), the market ended May at 56.730(Month Close),
that being 22%(Pct Range) off of
53.850(Month Low) to 67.130(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the August Lean Hogs(CME) also closed
lower in May than April in 23(Cond Years) of those years.
Of those 23, HEQ went on to penetrate the May 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 HEQ should penetrate 53.850(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 49.198(Average Objective).
- October Lean Hogs(CME)
- The HEV0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 57.800(Prev Close), the market ended May at 52.330(Month Close),
that being 24%(Pct Range) off of
49.530(Month Low) to 61.330(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the October Lean Hogs(CME) also closed
lower in May than April in 23(Cond Years) of those years.
Of those 23, HEV went on to penetrate the May 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 HEV should penetrate 49.530(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 44.279(Average Objective).
- December Lean Hogs(CME)
- The HEZ0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 56.650(Prev Close), the market ended May at 52.880(Month Close),
that being 26%(Pct Range) off of
50.430(Month Low) to 59.800(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Lean Hogs(CME) also closed
lower in May than April in 23(Cond Years) of those years.
Of those 23, HEZ went on to penetrate the May 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 HEZ should penetrate 50.430(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 44.570(Average Objective).
- September Coffee "C"(ICE)
- The KCU0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 107.50(Prev Close), the market ended May at 98.15(Month Close),
that being 3%(Pct Range) off of
97.70(Month Low) to 114.15(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Coffee "C"(ICE) also closed
lower in May than April in 25(Cond Years) of those years.
Of those 25, KCU went on to penetrate the May low within the next 2 months in 21 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the KCU should penetrate 97.70(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 85.03(Average Objective).
- September Cocoa(ICE)
- The CCU0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 2395(Prev Close), the market ended May at 2408(Month Close),
that being 69%(Pct Range) off of
2292(Month Low) to 2461(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Cocoa(ICE) also closed
higher in May than April in 18(Cond Years) of those years.
Of those 18, CCU went on to exceed the May 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 CCU should exceed 2461(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 2714(Average Objective).
- December Cocoa(ICE)
- The CCZ0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 2369(Prev Close), the market ended May at 2363(Month Close),
that being 69%(Pct Range) off of
2260(Month Low) to 2409(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Cocoa(ICE) also closed
lower in May than April in 26(Cond Years) of those years.
Of those 26, CCZ went on to penetrate the May low within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the CCZ should penetrate 2260(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 2096(Average Objective).
- December Cotton(ICE)
- The CTZ0(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 58.92(Prev Close), the market ended May at 57.48(Month Close),
that being 53%(Pct Range) off of
55.11(Month Low) to 59.59(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Cotton(ICE) also closed
lower in May than April in 25(Cond Years) of those years.
Of those 25, CTZ went on to penetrate the May low within the next 2 months in 23 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the CTZ should penetrate 55.11(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 51.04(Average Objective).
- October Sugar #11(ICE)
- The SBV0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 10.63(Prev Close), the market ended May at 10.97(Month Close),
that being 70%(Pct Range) off of
10.27(Month Low) to 11.27(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the October Sugar #11(ICE) also closed
higher in May than April in 18(Cond Years) of those years.
Of those 18, SBV went on to exceed the May 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 SBV should exceed 11.27(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 12.95(Average Objective).
- March Sugar #11(ICE)
- The SBH1(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 11.32(Prev Close), the market ended May at 11.64(Month Close),
that being 70%(Pct Range) off of
10.98(Month Low) to 11.92(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the March Sugar #11(ICE) also closed
higher in May than April in 18(Cond Years) of those years.
Of those 18, SBH went on to exceed the May 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 SBH should exceed 11.92(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 13.36(Average Objective).
- September Rough Rice(CBOT)
- The RRU0(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 11.92(Prev Close), the market ended May at 12.41(Month Close),
that being 100%(Pct Range) off of
11.83(Month Low) to 12.41(Month High).
In comparing the April/May closes for each of the last 33 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed
higher in May than April in 14(Cond Years) of those years.
Of those 14, RRU went on to exceed the May high within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the RRU should exceed 12.41(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 13.22(Average Objective).
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