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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, 2022
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 33893.00 35370.00 32579.00 34678.00 75% 45 29 27 93% 35370.00 37405.19 34678.00
#TRAN Higher Mar 15268.00 16729.00 14601.00 16283.00 79% 45 29 25 86% 16729.00 18111.33 16283.00
#UTIL Higher Mar 942.55 1051.25 930.80 1041.95 92% 45 27 27 100% 1051.25 1098.79 1041.95
#OEX Higher Mar 2008.15 2136.15 1900.85 2085.75 79% 45 28 25 89% 2136.15 2256.19 2085.75
#NQ Higher Mar 14237.75 15265.25 13020.25 14838.25 81% 36 23 20 87% 15265.25 16425.91 14838.25
#QR Higher Mar 2048.10 2097.60 1932.70 2078.00 88% 43 29 27 93% Yes 2219.55 2078.00
#MZ Higher Mar 2661.50 2780.90 2506.20 2693.65 68% 2 1 1 100% 2780.90   2693.65
#VLE Higher Mar 9422.00 9855.00 8926.00 9711.00 84% 39 27 25 93% Yes 10420.97 9711.00
#SSNI Higher Mar 26527 28339 24682 27821 86% 45 25 23 92% 28339 30106 27821
#SP Higher Mar 4374.00 4637.25 4160.25 4530.50 78% 45 28 24 86% 4637.25 4892.57 4530.50
NQM2 Higher Mar 14228.00 15268.75 12942.50 14868.75 83% 25 15 13 87% 15268.75 16256.65 14868.75
YMM2 Higher Mar 33741 35281 32215 34618 78% 23 14 14 100% 35281 37336 34618
SFM2 Lower Mar 109.54 109.73 106.09 108.71 72% 45 25 23 92% 106.09 102.14 108.71
CLN2 Higher Mar 88.72 116.43 88.53 96.88 30% 38 24 22 92% 116.43 126.02 96.88
CLQ2 Higher Mar 86.78 112.43 86.76 95.08 32% 38 26 23 88% 112.43 121.79 95.08
HON2 Higher Mar 272.93 376.75 274.06 310.91 36% 42 27 26 96% 376.75 409.27 310.91
HOQ2 Higher Mar 269.73 359.50 270.80 303.90 37% 42 27 26 96% 359.50 390.13 303.90
RBN2 Higher Mar 279.97 352.31 275.60 302.77 35% 36 27 23 85% 352.31 386.00 302.77
RBQ2 Higher Mar 273.52 340.17 268.93 295.26 37% 36 27 24 89% 340.17 370.36 295.26
NGN2 Higher Mar 4.511 5.943 4.457 5.756 87% 31 20 20 100% 5.943 6.703 5.756
NGQ2 Higher Mar 4.519 5.942 4.490 5.757 87% 31 20 20 100% 5.942 6.696 5.757
CBQ2 Higher Mar 91.15 124.42 90.90 100.98 30% 32 19 18 95% 124.42 135.26 100.98
CBU2 Higher Mar 89.74 121.20 89.60 99.43 31% 32 19 18 95% 121.20 131.44 99.43
SN2 Lower Mar 1616.50 1713.00 1594.25 1598.00 3% 45 20 17 85% 1594.25 1516.02 1598.00
SQ2 Lower Mar 1573.00 1665.50 1544.75 1555.25 9% 45 20 17 85% 1544.75 1466.86 1555.25
CN2 Higher Mar 677.00 753.00 677.25 733.00 74% 45 24 23 96% 753.00 804.87 733.00
CU2 Higher Mar 622.25 707.75 618.75 696.25 87% 45 26 24 92% 707.75 759.56 696.25
KWN2 Higher Mar 940.75 1259.00 938.50 1029.75 28% 45 19 16 84% 1259.00 1349.43 1029.75
KWU2 Higher Mar 932.75 1200.00 930.00 1025.25 35% 45 18 16 89% 1200.00 1287.22 1025.25
LCM2 Lower Mar 137.700 138.650 130.985 137.135 80% 45 24 21 88% 130.985 121.648 137.135
LCQ2 Higher Mar 137.150 138.950 132.635 138.080 86% 45 21 18 86% 138.950 147.748 138.080
FCQ2 Lower Mar 180.080 182.100 172.950 177.580 51% 45 25 21 84% 172.950 162.133 177.580
HEM2 Higher Mar 113.430 127.330 109.150 120.630 63% 45 23 20 87% 127.330 139.235 120.630
HEN2 Higher Mar 112.980 126.950 108.200 120.880 68% 45 24 22 92% 126.950 137.355 120.880
HEQ2 Higher Mar 111.480 123.650 107.550 118.450 68% 45 23 20 87% 123.650 133.763 118.450
KCN1 Lower Mar 139.30 141.60 122.55 125.40 15% 45 23 20 87% 122.55 112.64 165.65
LBN2 Lower Mar 1054.2 1204.7 835.1 859.6 7% 45 22 19 86% 835.1 754.4 859.6
SBV2 Higher Mar 17.60 19.54 17.61 19.34 90% 45 18 17 94% 19.54 21.28 19.34
RRU2 Higher Mar 15.17 16.30 15.17 16.02 76% 35 22 20 91% 16.30 17.61 16.02


DJIA Index
The #DJ(Mkt) ended Higher(Cond) for March(Month). Compared to February's 33893.00(Prev Close), the market ended March at 34678.00(Month Close), that being 75%(Pct Range) off of 32579.00(Month Low) to 35370.00(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 27 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the the #DJ should exceed 35370.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 27 years) a potential move toward 37405.19(Average Objective).

Dow Jones Transportation
The #TRAN(Mkt) ended Higher(Cond) for March(Month). Compared to February's 15268.00(Prev Close), the market ended March at 16283.00(Month Close), that being 79%(Pct Range) off of 14601.00(Month Low) to 16729.00(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Transportation also closed higher in March than February in 29(Cond Years) of those years. Of those 29, the #TRAN went on to exceed the March high within the next 2 months in 25 years(Action Years) or 86%(Pct) of the time.

Therefore, the historical odds are high that the the #TRAN should exceed 16729.00(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 18111.33(Average Objective).

Dow Jones Utilities
The #UTIL(Mkt) ended Higher(Cond) for March(Month). Compared to February's 942.55(Prev Close), the market ended March at 1041.95(Month Close), that being 92%(Pct Range) off of 930.80(Month Low) to 1051.25(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 27(Cond Years) of those years. Of those 27, the #UTIL went on to exceed the March high within the next 2 months in 27 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #UTIL should exceed 1051.25(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 27 years) a potential move toward 1098.79(Average Objective).

S & P 100(OEX)
The #OEX(Mkt) ended Higher(Cond) for March(Month). Compared to February's 2008.15(Prev Close), the market ended March at 2085.75(Month Close), that being 79%(Pct Range) off of 1900.85(Month Low) to 2136.15(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the S & P 100(OEX) also closed higher in March than February in 28(Cond Years) of those years. Of those 28, the #OEX went on to exceed the March high within the next 2 months in 25 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the the #OEX should exceed 2136.15(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 2256.19(Average Objective).

NASDAQ 100 Index
The #NQ(Mkt) ended Higher(Cond) for March(Month). Compared to February's 14237.75(Prev Close), the market ended March at 14838.25(Month Close), that being 81%(Pct Range) off of 13020.25(Month Low) to 15265.25(Month High).

In comparing the February/March closes for each of the last 36 years(Total Years), Scenario found that the NASDAQ 100 Index also closed higher in March than February in 23(Cond Years) of those years. Of those 23, the #NQ 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 the #NQ should exceed 15265.25(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 16425.91(Average Objective).

Russell 2000 Index
The #QR(Mkt) ended Higher(Cond) for March(Month). Compared to February's 2048.10(Prev Close), the market ended March at 2078.00(Month Close), that being 88%(Pct Range) off of 1932.70(Month Low) to 2097.60(Month High).

In comparing the February/March closes for each of the last 43 years(Total Years), Scenario found that the Russell 2000 Index also closed higher in March than February in 29(Cond Years) of those years. Of those 29, the #QR went on to exceed the March high within the next 2 months in 27 years(Action Years) or 93%(Pct) of the time.

Therefore, the historical odds are high that the the #QR should exceed 2097.60(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 27 years) a potential move toward 2219.55(Average Objective).

S&P MidCap 400 Index
The #MZ(Mkt) ended Higher(Cond) for March(Month). Compared to February's 2661.50(Prev Close), the market ended March at 2693.65(Month Close), that being 68%(Pct Range) off of 2506.20(Month Low) to 2780.90(Month High).

In comparing the February/March closes for each of the last 2 years(Total Years), Scenario found that the S&P MidCap 400 Index also closed higher in March than February in 1(Cond Years) of those years. Of those 1, the #MZ went on to exceed the March high within the next 2 months in 1 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the the #MZ should exceed 2780.90(Scenario Objective) by no later than the end of May.

Value Line Index
The #VLE(Mkt) ended Higher(Cond) for March(Month). Compared to February's 9422.00(Prev Close), the market ended March at 9711.00(Month Close), that being 84%(Pct Range) off of 8926.00(Month Low) to 9855.00(Month High).

In comparing the February/March closes for each of the last 39 years(Total Years), Scenario found that the Value Line Index also closed higher in March than February in 27(Cond Years) of those years. Of those 27, the #VLE went on to exceed the March 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 #VLE should exceed 9855.00(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 10420.97(Average Objective).

Nikkei 225 Index
The #SSNI(Mkt) ended Higher(Cond) for March(Month). Compared to February's 26527(Prev Close), the market ended March at 27821(Month Close), that being 86%(Pct Range) off of 24682(Month Low) to 28339(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the Nikkei 225 Index also closed higher in March than February in 25(Cond Years) of those years. Of those 25, the #SSNI went on to exceed the March 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 #SSNI should exceed 28339(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 30106(Average Objective).

S & P 500 Stock Index
The #SP(Mkt) ended Higher(Cond) for March(Month). Compared to February's 4374.00(Prev Close), the market ended March at 4530.50(Month Close), that being 78%(Pct Range) off of 4160.25(Month Low) to 4637.25(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 4637.25(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 4892.57(Average Objective).

June NASDAQ 100 E-Mini(CME)
The NQM2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 14228.00(Prev Close), the market ended March at 14868.75(Month Close), that being 83%(Pct Range) off of 12942.50(Month Low) to 15268.75(Month High).

In comparing the February/March closes for each of the last 25 years(Total Years), Scenario found that the June NASDAQ 100 E-Mini(CME) also closed higher in March than February in 15(Cond Years) of those years. Of those 15, NQM went on to exceed the March high within the next 2 months in 13 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the NQM should exceed 15268.75(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 13 years) a potential move toward 16256.65(Average Objective).

June E-mini DJIA Index(CBOT)
The YMM2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 33741(Prev Close), the market ended March at 34618(Month Close), that being 78%(Pct Range) off of 32215(Month Low) to 35281(Month High).

In comparing the February/March closes for each of the last 23 years(Total Years), Scenario found that the June E-mini DJIA Index(CBOT) also closed higher in March than February in 14(Cond Years) of those years. Of those 14, YMM went on to exceed the March high within the next 2 months in 14 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the YMM should exceed 35281(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 37336(Average Objective).

June Swiss Franc(CME)
The SFM2(Mkt) ended Lower(Cond) for March(Month). Compared to February's 109.54(Prev Close), the market ended March at 108.71(Month Close), that being 72%(Pct Range) off of 106.09(Month Low) to 109.73(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the June Swiss Franc(CME) also closed lower in March than February in 25(Cond Years) of those years. Of those 25, SFM went on to penetrate the March 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 SFM should penetrate 106.09(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 102.14(Average Objective).

July Crude Oil(NYM)
The CLN2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 88.72(Prev Close), the market ended March at 96.88(Month Close), that being 30%(Pct Range) off of 88.53(Month Low) to 116.43(Month High).

In comparing the February/March closes for each of the last 38 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed higher in March than February in 24(Cond Years) of those years. Of those 24, CLN 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 CLN should exceed 116.43(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 126.02(Average Objective).

August Crude Oil(NYM)
The CLQ2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 86.78(Prev Close), the market ended March at 95.08(Month Close), that being 32%(Pct Range) off of 86.76(Month Low) to 112.43(Month High).

In comparing the February/March closes for each of the last 38 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed higher in March than February in 26(Cond Years) of those years. Of those 26, CLQ went on to exceed the March 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 CLQ should exceed 112.43(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 121.79(Average Objective).

July NY Harbor ULSD(NYM)
The HON2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 272.93(Prev Close), the market ended March at 310.91(Month Close), that being 36%(Pct Range) off of 274.06(Month Low) to 376.75(Month High).

In comparing the February/March closes for each of the last 42 years(Total Years), Scenario found that the July NY Harbor ULSD(NYM) also closed higher in March than February in 27(Cond Years) of those years. Of those 27, HON went on to exceed the March high within the next 2 months in 26 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the HON should exceed 376.75(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 409.27(Average Objective).

August NY Harbor ULSD(NYM)
The HOQ2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 269.73(Prev Close), the market ended March at 303.90(Month Close), that being 37%(Pct Range) off of 270.80(Month Low) to 359.50(Month High).

In comparing the February/March closes for each of the last 42 years(Total Years), Scenario found that the August NY Harbor ULSD(NYM) also closed higher in March than February in 27(Cond Years) of those years. Of those 27, HOQ went on to exceed the March high within the next 2 months in 26 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the HOQ should exceed 359.50(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 390.13(Average Objective).

July RBOB Gasoline(NYM)
The RBN2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 279.97(Prev Close), the market ended March at 302.77(Month Close), that being 35%(Pct Range) off of 275.60(Month Low) to 352.31(Month High).

In comparing the February/March closes for each of the last 36 years(Total Years), Scenario found that the July RBOB Gasoline(NYM) also closed higher in March than February in 27(Cond Years) of those years. Of those 27, RBN went on to exceed the March 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 RBN should exceed 352.31(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 386.00(Average Objective).

August RBOB Gasoline(NYM)
The RBQ2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 273.52(Prev Close), the market ended March at 295.26(Month Close), that being 37%(Pct Range) off of 268.93(Month Low) to 340.17(Month High).

In comparing the February/March closes for each of the last 36 years(Total Years), Scenario found that the August RBOB Gasoline(NYM) also closed higher in March than February in 27(Cond Years) of those years. Of those 27, RBQ went on to exceed the March high within the next 2 months in 24 years(Action Years) or 89%(Pct) of the time.

Therefore, the historical odds are high that the RBQ should exceed 340.17(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 370.36(Average Objective).

July Natural Gas(NYM)
The NGN2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 4.511(Prev Close), the market ended March at 5.756(Month Close), that being 87%(Pct Range) off of 4.457(Month Low) to 5.943(Month High).

In comparing the February/March closes for each of the last 31 years(Total Years), Scenario found that the July Natural Gas(NYM) also closed higher in March than February in 20(Cond Years) of those years. Of those 20, NGN went on to exceed the March high within the next 2 months in 20 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGN should exceed 5.943(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 6.703(Average Objective).

August Natural Gas(NYM)
The NGQ2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 4.519(Prev Close), the market ended March at 5.757(Month Close), that being 87%(Pct Range) off of 4.490(Month Low) to 5.942(Month High).

In comparing the February/March closes for each of the last 31 years(Total Years), Scenario found that the August Natural Gas(NYM) also closed higher in March than February in 20(Cond Years) of those years. Of those 20, NGQ went on to exceed the March high within the next 2 months in 20 years(Action Years) or 100%(Pct) of the time.

Therefore, the historical odds are high that the NGQ should exceed 5.942(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 6.696(Average Objective).

August Brent Crude Oil(ICE)
The CBQ2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 91.15(Prev Close), the market ended March at 100.98(Month Close), that being 30%(Pct Range) off of 90.90(Month Low) to 124.42(Month High).

In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the August Brent Crude Oil(ICE) also closed higher in March than February in 19(Cond Years) of those years. Of those 19, CBQ went on to exceed the March high within the next 2 months in 18 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the CBQ should exceed 124.42(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 135.26(Average Objective).

September Brent Crude Oil(ICE)
The CBU2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 89.74(Prev Close), the market ended March at 99.43(Month Close), that being 31%(Pct Range) off of 89.60(Month Low) to 121.20(Month High).

In comparing the February/March closes for each of the last 32 years(Total Years), Scenario found that the September Brent Crude Oil(ICE) also closed higher in March than February in 19(Cond Years) of those years. Of those 19, CBU went on to exceed the March high within the next 2 months in 18 years(Action Years) or 95%(Pct) of the time.

Therefore, the historical odds are high that the CBU should exceed 121.20(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 131.44(Average Objective).

July Soybeans(CBOT)
The SN2(Mkt) ended Lower(Cond) for March(Month). Compared to February's 1616.50(Prev Close), the market ended March at 1598.00(Month Close), that being 3%(Pct Range) off of 1594.25(Month Low) to 1713.00(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 1594.25(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 1516.02(Average Objective).

August Soybeans(CBOT)
The SQ2(Mkt) ended Lower(Cond) for March(Month). Compared to February's 1573.00(Prev Close), the market ended March at 1555.25(Month Close), that being 9%(Pct Range) off of 1544.75(Month Low) to 1665.50(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 1544.75(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 1466.86(Average Objective).

July Corn(CBOT)
The CN2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 677.00(Prev Close), the market ended March at 733.00(Month Close), that being 74%(Pct Range) off of 677.25(Month Low) to 753.00(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 higher in March than February in 24(Cond Years) of those years. Of those 24, CN went on to exceed the March high within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.

Therefore, the historical odds are high that the CN should exceed 753.00(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 804.87(Average Objective).

September Corn(CBOT)
The CU2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 622.25(Prev Close), the market ended March at 696.25(Month Close), that being 87%(Pct Range) off of 618.75(Month Low) to 707.75(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 higher in March than February in 26(Cond Years) of those years. Of those 26, CU went on to exceed the March high within the next 2 months in 24 years(Action Years) or 92%(Pct) of the time.

Therefore, the historical odds are high that the CU should exceed 707.75(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 759.56(Average Objective).

July Wheat(KCBT)
The KWN2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 940.75(Prev Close), the market ended March at 1029.75(Month Close), that being 28%(Pct Range) off of 938.50(Month Low) to 1259.00(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the July Wheat(KCBT) also closed higher in March than February in 19(Cond Years) of those years. Of those 19, KWN went on to exceed the March 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 KWN should exceed 1259.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 1349.43(Average Objective).

September Wheat(KCBT)
The KWU2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 932.75(Prev Close), the market ended March at 1025.25(Month Close), that being 35%(Pct Range) off of 930.00(Month Low) to 1200.00(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the September Wheat(KCBT) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, KWU went on to exceed the March 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 KWU should exceed 1200.00(Scenario Objective) by no later than the end of May. If it does so, Scenario would further project (based on normalizing those previous 16 years) a potential move toward 1287.22(Average Objective).

June Live Cattle(CME)
The LCM2(Mkt) ended Lower(Cond) for March(Month). Compared to February's 137.700(Prev Close), the market ended March at 137.135(Month Close), that being 80%(Pct Range) off of 130.985(Month Low) to 138.650(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 24(Cond Years) of those years. Of those 24, LCM went on to penetrate the March low within the next 2 months in 21 years(Action Years) or 88%(Pct) of the time.

Therefore, the historical odds are high that the LCM should penetrate 130.985(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 121.648(Average Objective).

August Live Cattle(CME)
The LCQ2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 137.150(Prev Close), the market ended March at 138.080(Month Close), that being 86%(Pct Range) off of 132.635(Month Low) to 138.950(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 higher in March than February in 21(Cond Years) of those years. Of those 21, LCQ 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 LCQ should exceed 138.950(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 147.748(Average Objective).

August Feeder Cattle(CME)
The FCQ2(Mkt) ended Lower(Cond) for March(Month). Compared to February's 180.080(Prev Close), the market ended March at 177.580(Month Close), that being 51%(Pct Range) off of 172.950(Month Low) to 182.100(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed lower in March than February in 25(Cond Years) of those years. Of those 25, FCQ went on to penetrate the March 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 FCQ should penetrate 172.950(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 162.133(Average Objective).

June Lean Hogs(CME)
The HEM2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 113.430(Prev Close), the market ended March at 120.630(Month Close), that being 63%(Pct Range) off of 109.150(Month Low) to 127.330(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 127.330(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 139.235(Average Objective).

July Lean Hogs(CME)
The HEN2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 112.980(Prev Close), the market ended March at 120.880(Month Close), that being 68%(Pct Range) off of 108.200(Month Low) to 126.950(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 126.950(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 137.355(Average Objective).

August Lean Hogs(CME)
The HEQ2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 111.480(Prev Close), the market ended March at 118.450(Month Close), that being 68%(Pct Range) off of 107.550(Month Low) to 123.650(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 20 years(Action Years) or 87%(Pct) of the time.

Therefore, the historical odds are high that the HEQ should exceed 123.650(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 133.763(Average Objective).

July Coffee "C"(ICE)
The KCN1(Mkt) ended Lower(Cond) for March(Month). Compared to February's 139.30(Prev Close), the market ended March at 125.40(Month Close), that being 15%(Pct Range) off of 122.55(Month Low) to 141.60(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 23(Cond Years) of those years. Of those 23, KCN 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 KCN should penetrate 122.55(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 112.64(Average Objective).

July Lumber(CME)
The LBN2(Mkt) ended Lower(Cond) for March(Month). Compared to February's 1054.2(Prev Close), the market ended March at 859.6(Month Close), that being 7%(Pct Range) off of 835.1(Month Low) to 1204.7(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 835.1(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 754.4(Average Objective).

October Sugar #11(ICE)
The SBV2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 17.60(Prev Close), the market ended March at 19.34(Month Close), that being 90%(Pct Range) off of 17.61(Month Low) to 19.54(Month High).

In comparing the February/March closes for each of the last 45 years(Total Years), Scenario found that the October Sugar #11(ICE) also closed higher in March than February in 18(Cond Years) of those years. Of those 18, SBV 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 SBV should exceed 19.54(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 21.28(Average Objective).

September Rough Rice(CBOT)
The RRU2(Mkt) ended Higher(Cond) for March(Month). Compared to February's 15.17(Prev Close), the market ended March at 16.02(Month Close), that being 76%(Pct Range) off of 15.17(Month Low) to 16.30(Month High).

In comparing the February/March closes for each of the last 35 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed higher in March than February in 22(Cond Years) of those years. Of those 22, RRU went on to exceed the March 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 RRU should exceed 16.30(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 17.61(Average Objective).
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