- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 29983.00(Prev Close), the market ended February at 30932.00(Month Close),
that being 46%(Pct Range) off of
30015.00(Month Low) to 32010.00(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 26(Cond Years) of those years.
Of those 26, the #DJ went on to exceed the February high within the next 2 months in 25 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 32010.00(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 33534.57(Average Objective).
- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 12088.00(Prev Close), the market ended February at 13331.00(Month Close),
that being 77%(Pct Range) off of
12100.00(Month Low) to 13698.00(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Transportation also closed
higher in February than January in 27(Cond Years) of those years.
Of those 27, the #TRAN went on to exceed the February high within the next 2 months in 23 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the the #TRAN should exceed 13698.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 14659.84(Average Objective).
- S & P 100(OEX)
- The #OEX(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 399.03(Prev Close), the market ended February at 420.70(Month Close),
that being 18%(Pct Range) off of
402.80(Month Low) to 500.10(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the S & P 100(OEX) also closed
higher in February than January in 26(Cond Years) of those years.
Of those 26, the #OEX went on to exceed the February high within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the the #OEX should exceed 500.10(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 524.08(Average Objective).
- Russell 2000 Index
- The #QR(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 2073.65(Prev Close), the market ended February at 2266.70(Month Close),
that being 79%(Pct Range) off of
2075.00(Month Low) to 2318.10(Month High).
In comparing the January/February closes for each of the last 42 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in February than January in 25(Cond Years) of those years.
Of those 25, the #QR went on to exceed the February high within the next 2 months in 23 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the the #QR should exceed 2318.10(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 2456.69(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 8115.00(Prev Close), the market ended February at 8714.00(Month Close),
that being 67%(Pct Range) off of
8115.00(Month Low) to 9015.00(Month High).
In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the Value Line Index also closed
higher in February than January in 25(Cond Years) of those years.
Of those 25, the #VLE went on to exceed the February high within the next 2 months in 23 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the the #VLE should exceed 9015.00(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 9461.36(Average Objective).
- S & P 500 Stock Index
- The #SP(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 3714.25(Prev Close), the market ended February at 3811.25(Month Close),
that being 38%(Pct Range) off of
3725.50(Month Low) to 3950.50(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 3950.50(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 4132.40(Average Objective).
- June S & P 500(CME)
- The SPM1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 3695.25(Prev Close), the market ended February at 3799.00(Month Close),
that being 26%(Pct Range) off of
3755.75(Month Low) to 3920.75(Month High).
In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the June S & P 500(CME) also closed
higher in February than January in 24(Cond Years) of those years.
Of those 24, SPM went on to exceed the February high within the next 2 months in 21 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the SPM should exceed 3920.75(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 4096.43(Average Objective).
- June NASDAQ 100 E-Mini(CME)
- The NQM1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 12898.00(Prev Close), the market ended February at 12900.00(Month Close),
that being 20%(Pct Range) off of
12656.25(Month Low) to 13888.25(Month High).
In comparing the January/February closes for each of the last 24 years(Total Years), Scenario found that the June NASDAQ 100 E-Mini(CME) also closed
higher in February than January in 11(Cond Years) of those years.
Of those 11, NQM went on to exceed the February high within the next 2 months in 11 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the NQM should exceed 13888.25(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 14748.68(Average Objective).
- June E-mini DJIA Index(CBOT)
- The YMM1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 29763(Prev Close), the market ended February at 30800(Month Close),
that being 55%(Pct Range) off of
29447(Month Low) to 31910(Month High).
In comparing the January/February closes for each of the last 22 years(Total Years), Scenario found that the June E-mini DJIA Index(CBOT) also closed
higher in February than January in 13(Cond Years) of those years.
Of those 13, YMM 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 YMM should exceed 31910(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 33121(Average Objective).
- June 30-Year T-Bonds(CBOT)
- The USM1(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 167~040(Prev Close), the market ended February at 159~070(Month Close),
that being 26%(Pct Range) off of
156~080(Month Low) to 167~280(Month High).
In comparing the January/February closes for each of the last 43 years(Total Years), Scenario found that the June 30-Year T-Bonds(CBOT) also closed
lower in February than January in 21(Cond Years) of those years.
Of those 21, USM 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 USM should penetrate 156~080(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 151~125(Average Objective).
- June 10-Year T-Notes(CBOT)
- The TYM1(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 136~005(Prev Close), the market ended February at 132~230(Month Close),
that being 17%(Pct Range) off of
131~310(Month Low) to 136~085(Month High).
In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the June 10-Year T-Notes(CBOT) also closed
lower in February than January in 18(Cond Years) of those years.
Of those 18, TYM 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 TYM should penetrate 131~310(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 129~105(Average Objective).
- June 5-Year T-Notes(CBOT)
- The FVM1(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 125~192(Prev Close), the market ended February at 123~310(Month Close),
that being 19%(Pct Range) off of
123~176(Month Low) to 125~236(Month High).
In comparing the January/February closes for each of the last 32 years(Total Years), Scenario found that the June 5-Year T-Notes(CBOT) also closed
lower in February than January in 16(Cond Years) of those years.
Of those 16, FVM 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 FVM should penetrate 123~176(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 121~281(Average Objective).
- June Eurodollars(CME)
- The EDM1(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 99.845(Prev Close), the market ended February at 99.830(Month Close),
that being 33%(Pct Range) off of
99.815(Month Low) to 99.860(Month High).
In comparing the January/February closes for each of the last 38 years(Total Years), Scenario found that the June Eurodollars(CME) also closed
lower in February than January in 20(Cond Years) of those years.
Of those 20, EDM went on to penetrate the February low within the next 2 months in 18 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the EDM should penetrate 99.815(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 99.456(Average Objective).
- June Australian Dollar(CME)
- The ADM1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 76.45(Prev Close), the market ended February at 77.13(Month Close),
that being 33%(Pct Range) off of
75.70(Month Low) to 80.09(Month High).
In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the June Australian Dollar(CME) also closed
higher in February than January in 22(Cond Years) of those years.
Of those 22, ADM 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 ADM should exceed 80.09(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 83.67(Average Objective).
- June Canadian Dollar(CME)
- The CDM1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 78.13(Prev Close), the market ended February at 78.70(Month Close),
that being 39%(Pct Range) off of
77.72(Month Low) to 80.21(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the June Canadian Dollar(CME) also closed
higher in February than January in 20(Cond Years) of those years.
Of those 20, CDM 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 CDM should exceed 80.21(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 82.46(Average Objective).
- June EuroFX(CME)
- The EUM1(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 121.68(Prev Close), the market ended February at 121.06(Month Close),
that being 42%(Pct Range) off of
119.85(Month Low) to 122.71(Month High).
In comparing the January/February closes for each of the last 22 years(Total Years), Scenario found that the June EuroFX(CME) also closed
lower in February than January in 12(Cond Years) of those years.
Of those 12, EUM went on to penetrate the February low within the next 2 months in 11 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the EUM should penetrate 119.85(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 115.72(Average Objective).
- June Japanese Yen(CME)
- The JYM1(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 95.61(Prev Close), the market ended February at 93.89(Month Close),
that being 2%(Pct Range) off of
93.84(Month Low) to 95.89(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the June Japanese Yen(CME) also closed
lower in February than January in 20(Cond Years) of those years.
Of those 20, JYM went on to penetrate the February 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 JYM should penetrate 93.84(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 89.61(Average Objective).
- June Swiss Franc(CME)
- The SFM1(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 112.70(Prev Close), the market ended February at 110.31(Month Close),
that being 5%(Pct Range) off of
110.17(Month Low) to 113.07(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the June Swiss Franc(CME) also closed
lower in February than January in 24(Cond Years) of those years.
Of those 24, SFM went on to penetrate the February 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 SFM should penetrate 110.17(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 106.33(Average Objective).
- June US Dollar Index(ICE)
- The DXM1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 90.540(Prev Close), the market ended February at 90.862(Month Close),
that being 63%(Pct Range) off of
89.655(Month Low) to 91.570(Month High).
In comparing the January/February closes for each of the last 35 years(Total Years), Scenario found that the June US Dollar Index(ICE) also closed
higher in February than January in 17(Cond Years) of those years.
Of those 17, DXM 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 DXM should exceed 91.570(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 94.261(Average Objective).
- June Gold(CMX)
- The GCM1(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 1852.7(Prev Close), the market ended February at 1731.6(Month Close),
that being 8%(Pct Range) off of
1718.1(Month Low) to 1877.8(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the June Gold(CMX) also closed
lower in February than January in 24(Cond Years) of those years.
Of those 24, GCM went on to penetrate the February low within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the GCM should penetrate 1718.1(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 1615.6(Average Objective).
- June Crude Oil(NYM)
- The CLM1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 51.63(Prev Close), the market ended February at 60.74(Month Close),
that being 80%(Pct Range) off of
51.13(Month Low) to 63.09(Month High).
In comparing the January/February closes for each of the last 37 years(Total Years), Scenario found that the June Crude Oil(NYM) also closed
higher in February than January in 22(Cond Years) of those years.
Of those 22, CLM 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 CLM should exceed 63.09(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 70.02(Average Objective).
- July Crude Oil(NYM)
- The CLN1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 51.34(Prev Close), the market ended February at 60.12(Month Close),
that being 80%(Pct Range) off of
50.85(Month Low) to 62.47(Month High).
In comparing the January/February closes for each of the last 37 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed
higher in February than January in 22(Cond Years) of those years.
Of those 22, CLN 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 CLN should exceed 62.47(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 68.72(Average Objective).
- June NY Harbor ULSD(NYM)
- The HOM1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 159.08(Prev Close), the market ended February at 182.89(Month Close),
that being 79%(Pct Range) off of
157.83(Month Low) to 189.53(Month High).
In comparing the January/February closes for each of the last 41 years(Total Years), Scenario found that the June NY Harbor ULSD(NYM) also closed
higher in February than January in 20(Cond Years) of those years.
Of those 20, HOM 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 HOM should exceed 189.53(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 208.16(Average Objective).
- July NY Harbor ULSD(NYM)
- The HON1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 159.31(Prev Close), the market ended February at 182.50(Month Close),
that being 79%(Pct Range) off of
158.12(Month Low) to 188.90(Month High).
In comparing the January/February closes for each of the last 41 years(Total Years), Scenario found that the July NY Harbor ULSD(NYM) also closed
higher in February than January in 20(Cond Years) of those years.
Of those 20, HON 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 HON should exceed 188.90(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 206.53(Average Objective).
- June RBOB Gasoline(NYM)
- The RBM1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 165.29(Prev Close), the market ended February at 192.35(Month Close),
that being 87%(Pct Range) off of
164.47(Month Low) to 196.53(Month High).
In comparing the January/February closes for each of the last 35 years(Total Years), Scenario found that the June RBOB Gasoline(NYM) also closed
higher in February than January in 17(Cond Years) of those years.
Of those 17, RBM went on to exceed the February high within the next 2 months in 17 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the RBM should exceed 196.53(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 224.58(Average Objective).
- July RBOB Gasoline(NYM)
- The RBN1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 163.97(Prev Close), the market ended February at 189.91(Month Close),
that being 86%(Pct Range) off of
162.92(Month Low) to 194.24(Month High).
In comparing the January/February closes for each of the last 35 years(Total Years), Scenario found that the July RBOB Gasoline(NYM) also closed
higher in February than January in 17(Cond Years) of those years.
Of those 17, RBN went on to exceed the February high within the next 2 months in 17 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the RBN should exceed 194.24(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 220.11(Average Objective).
- June Brent Crude Oil(ICE)
- The CBM1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 54.55(Prev Close), the market ended February at 63.73(Month Close),
that being 80%(Pct Range) off of
54.15(Month Low) to 66.16(Month High).
In comparing the January/February closes for each of the last 31 years(Total Years), Scenario found that the June Brent Crude Oil(ICE) also closed
higher in February than January in 19(Cond Years) of those years.
Of those 19, CBM went on to exceed the February high within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the CBM should exceed 66.16(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 73.39(Average Objective).
- July Brent Crude Oil(ICE)
- The CBN1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 54.21(Prev Close), the market ended February at 63.04(Month Close),
that being 79%(Pct Range) off of
53.85(Month Low) to 65.47(Month High).
In comparing the January/February closes for each of the last 30 years(Total Years), Scenario found that the July Brent Crude Oil(ICE) also closed
higher in February than January in 18(Cond Years) of those years.
Of those 18, CBN 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 CBN should exceed 65.47(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 72.21(Average Objective).
- August Soybeans(CBOT)
- The SQ1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 1298.75(Prev Close), the market ended February at 1348.25(Month Close),
that being 64%(Pct Range) off of
1275.50(Month Low) to 1389.75(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 21 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the SQ should exceed 1389.75(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 1503.23(Average Objective).
- July Soybean Oil(CBOT)
- The BON1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 43.28(Prev Close), the market ended February at 48.80(Month Close),
that being 85%(Pct Range) off of
42.02(Month Low) to 49.95(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed
higher in February than January in 28(Cond Years) of those years.
Of those 28, BON went on to exceed the February high within the next 2 months in 26 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the BON should exceed 49.95(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 53.78(Average Objective).
- August Soybean Oil(CBOT)
- The BOQ1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 42.34(Prev Close), the market ended February at 47.47(Month Close),
that being 85%(Pct Range) off of
41.17(Month Low) to 48.60(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed
higher in February than January in 28(Cond Years) of those years.
Of those 28, BOQ went on to exceed the February high within the next 2 months in 26 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the BOQ should exceed 48.60(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 52.28(Average Objective).
- July Wheat(KCBT)
- The KWN1(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 638.75(Prev Close), the market ended February at 637.75(Month Close),
that being 50%(Pct Range) off of
608.25(Month Low) to 667.00(Month High).
In comparing the January/February closes for each of the last 44 years(Total Years), Scenario found that the July Wheat(KCBT) also closed
lower in February than January in 27(Cond Years) of those years.
Of those 27, KWN went on to penetrate the February low within the next 2 months in 24 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the KWN should penetrate 608.25(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 569.07(Average Objective).
- June Lean Hogs(CME)
- The HEM1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 87.300(Prev Close), the market ended February at 94.180(Month Close),
that being 77%(Pct Range) off of
86.800(Month Low) to 96.380(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 23(Cond Years) of those years.
Of those 23, HEM went on to exceed the February high within the next 2 months in 20 years(Action Years) or 87%(Pct) of the time.
Therefore, the historical odds are high that the HEM should exceed 96.380(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 105.116(Average Objective).
- July Lumber(CME)
- The LBN1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 761.0(Prev Close), the market ended February at 767.8(Month Close),
that being 57%(Pct Range) off of
712.0(Month Low) to 809.9(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Lumber(CME) also closed
higher in February than January in 21(Cond Years) of those years.
Of those 21, LBN 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 LBN should exceed 809.9(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 878.1(Average Objective).
- September Lumber(CME)
- The LBU1(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 730.0(Prev Close), the market ended February at 719.1(Month Close),
that being 44%(Pct Range) off of
689.5(Month Low) to 757.0(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the September Lumber(CME) also closed
lower in February than January in 23(Cond Years) of those years.
Of those 23, LBU went on to penetrate the February low within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the LBU should penetrate 689.5(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 622.7(Average Objective).
- July Cotton(ICE)
- The CTN1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 82.78(Prev Close), the market ended February at 89.71(Month Close),
that being 54%(Pct Range) off of
82.01(Month Low) to 96.22(Month High).
In comparing the January/February closes for each of the last 45 years(Total Years), Scenario found that the July Cotton(ICE) also closed
higher in February than January in 26(Cond Years) of those years.
Of those 26, CTN went on to exceed the February high within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the CTN should exceed 96.22(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 102.08(Average Objective).
- October Cotton(ICE)
- The CTV1(Mkt) ended Higher(Cond) for
February(Month). Compared to January's 79.21(Prev Close), the market ended February at 85.18(Month Close),
that being 57%(Pct Range) off of
78.43(Month Low) to 90.25(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 90.25(Scenario Objective) by no later than the end of April.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 94.31(Average Objective).
- September Rough Rice(CBOT)
- The RRU1(Mkt) ended Lower(Cond) for
February(Month). Compared to January's 12.87(Prev Close), the market ended February at 12.76(Month Close),
that being 59%(Pct Range) off of
12.59(Month Low) to 12.87(Month High).
In comparing the January/February closes for each of the last 34 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed
lower in February than January in 19(Cond Years) of those years.
Of those 19, RRU 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 RRU should penetrate 12.59(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 11.79(Average Objective).
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