- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 32977.00(Prev Close), the market ended May at 32990.00(Month Close),
that being 68%(Pct Range) off of
30636.00(Month Low) to 34118.00(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 27(Cond Years) of those years.
Of those 27, the #DJ went on to exceed the May 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 the #DJ should exceed 34118.00(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 35652.37(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 8850.00(Prev Close), the market ended May at 8893.00(Month Close),
that being 68%(Pct Range) off of
8181.00(Month Low) to 9232.00(Month High).
In comparing the April/May closes for each of the last 39 years(Total Years), Scenario found that the Value Line Index also closed
higher in May than April in 27(Cond Years) of those years.
Of those 27, the #VLE went on to exceed the May 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 #VLE should exceed 9232.00(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 9693.98(Average Objective).
- September 10-Year T-Notes(CBOT)
- The TYU2(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 118~235(Prev Close), the market ended May at 119~145(Month Close),
that being 71%(Pct Range) off of
116~210(Month Low) to 120~195(Month High).
In comparing the April/May closes for each of the last 39 years(Total Years), Scenario found that the September 10-Year T-Notes(CBOT) also closed
higher in May than April in 20(Cond Years) of those years.
Of those 20, TYU went on to exceed the May 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 TYU should exceed 120~195(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 123~199(Average Objective).
- September 5-Year T-Notes(CBOT)
- The FVU2(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 112~092(Prev Close), the market ended May at 112~304(Month Close),
that being 68%(Pct Range) off of
111~136(Month Low) to 113~210(Month High).
In comparing the April/May closes for each of the last 33 years(Total Years), Scenario found that the September 5-Year T-Notes(CBOT) also closed
higher in May than April in 21(Cond Years) of those years.
Of those 21, FVU went on to exceed the May 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 FVU should exceed 113~210(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 115~192(Average Objective).
- September Australian Dollar(CME)
- The ADU2(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 70.97(Prev Close), the market ended May at 71.85(Month Close),
that being 79%(Pct Range) off of
68.43(Month Low) to 72.76(Month High).
In comparing the April/May closes for each of the last 35 years(Total Years), Scenario found that the September Australian Dollar(CME) also closed
higher in May than April in 14(Cond Years) of those years.
Of those 14, ADU went on to exceed the May high within the next 2 months in 13 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the ADU should exceed 72.76(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 74.81(Average Objective).
- September British Pound(CME)
- The BPU2(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 126.11(Prev Close), the market ended May at 126.15(Month Close),
that being 88%(Pct Range) off of
121.71(Month Low) to 126.77(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September British Pound(CME) also closed
higher in May than April in 15(Cond Years) of those years.
Of those 15, BPU went on to exceed the May 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 BPU should exceed 126.77(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 133.61(Average Objective).
- September Japanese Yen(CME)
- The JYU2(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 77.79(Prev Close), the market ended May at 78.17(Month Close),
that being 52%(Pct Range) off of
76.63(Month Low) to 79.61(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Japanese Yen(CME) also closed
higher in May than April in 19(Cond Years) of those years.
Of those 19, JYU went on to exceed the May high within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the JYU should exceed 79.61(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 82.34(Average Objective).
- September RBOB Gasoline(NYM)
- The RBU2(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 316.07(Prev Close), the market ended May at 357.15(Month Close),
that being 80%(Pct Range) off of
307.94(Month Low) to 369.26(Month High).
In comparing the April/May closes for each of the last 37 years(Total Years), Scenario found that the September RBOB Gasoline(NYM) also closed
higher in May than April in 21(Cond Years) of those years.
Of those 21, RBU went on to exceed the May 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 RBU should exceed 369.26(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 397.08(Average Objective).
- October RBOB Gasoline(NYM)
- The RBV2(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 292.49(Prev Close), the market ended May at 330.57(Month Close),
that being 79%(Pct Range) off of
284.60(Month Low) to 343.00(Month High).
In comparing the April/May closes for each of the last 37 years(Total Years), Scenario found that the October RBOB Gasoline(NYM) also closed
higher in May than April in 21(Cond Years) of those years.
Of those 21, RBV went on to exceed the May 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 RBV should exceed 343.00(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 368.88(Average Objective).
- September Soybeans(CBOT)
- The SU2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 1558.25(Prev Close), the market ended May at 1544.75(Month Close),
that being 57%(Pct Range) off of
1469.50(Month Low) to 1600.75(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 22 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the SU should penetrate 1469.50(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 1346.39(Average Objective).
- November Soybeans(CBOT)
- The SX2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 1514.75(Prev Close), the market ended May at 1509.50(Month Close),
that being 58%(Pct Range) off of
1438.25(Month Low) to 1560.50(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 22 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the SX should penetrate 1438.25(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 1323.97(Average Objective).
- September Soybean Oil(CBOT)
- The BOU2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 77.74(Prev Close), the market ended May at 75.58(Month Close),
that being 27%(Pct Range) off of
74.38(Month Low) to 78.79(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Soybean Oil(CBOT) also closed
lower in May than April in 24(Cond Years) of those years.
Of those 24, BOU went on to penetrate the May 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 BOU should penetrate 74.38(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 67.79(Average Objective).
- December Soybean Oil(CBOT)
- The BOZ2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 75.34(Prev Close), the market ended May at 74.72(Month Close),
that being 59%(Pct Range) off of
72.13(Month Low) to 76.54(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Soybean Oil(CBOT) also closed
lower in May than April in 23(Cond Years) of those years.
Of those 23, BOZ 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 BOZ should penetrate 72.13(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 66.37(Average Objective).
- September Soybean Meal(CBOT)
- The SMU2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 415.20(Prev Close), the market ended May at 406.30(Month Close),
that being 49%(Pct Range) off of
388.40(Month Low) to 424.60(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 24(Cond Years) of those years.
Of those 24, SMU 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 SMU should penetrate 388.40(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 359.55(Average Objective).
- December Soybean Meal(CBOT)
- The SMZ2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 404.90(Prev Close), the market ended May at 402.00(Month Close),
that being 48%(Pct Range) off of
386.00(Month Low) to 419.10(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Soybean Meal(CBOT) also closed
lower in May than April in 22(Cond Years) of those years.
Of those 22, SMZ went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the SMZ should penetrate 386.00(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 361.35(Average Objective).
- September Corn(CBOT)
- The CU2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 768.00(Prev Close), the market ended May at 725.00(Month Close),
that being 9%(Pct Range) off of
719.75(Month Low) to 778.75(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Corn(CBOT) also closed
lower in May than April in 23(Cond Years) of those years.
Of those 23, CU 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 CU should penetrate 719.75(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 641.93(Average Objective).
- December Corn(CBOT)
- The CZ2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 751.25(Prev Close), the market ended May at 711.50(Month Close),
that being 12%(Pct Range) off of
703.75(Month Low) to 766.25(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
lower in May than April in 23(Cond Years) of those years.
Of those 23, CZ 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 CZ should penetrate 703.75(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 632.49(Average Objective).
- December Oats(CBOT)
- The OZ2(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 591.00(Prev Close), the market ended May at 627.50(Month Close),
that being 85%(Pct Range) off of
540.00(Month Low) to 643.00(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Oats(CBOT) also closed
higher in May than April in 19(Cond Years) of those years.
Of those 19, OZ 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 OZ should exceed 643.00(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 737.99(Average Objective).
- October Lean Hogs(CME)
- The HEV2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 93.450(Prev Close), the market ended May at 93.050(Month Close),
that being 74%(Pct Range) off of
87.400(Month Low) to 95.000(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 24(Cond Years) of those years.
Of those 24, HEV went on to penetrate the May 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 HEV should penetrate 87.400(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 78.012(Average Objective).
- September Cocoa(ICE)
- The CCU1(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 2411(Prev Close), the market ended May at 2456(Month Close),
that being 43%(Pct Range) off of
2353(Month Low) to 2590(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 19(Cond Years) of those years.
Of those 19, CCU 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 CCU should exceed 2590(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 2823(Average Objective).
- December Cocoa(ICE)
- The CCZ2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 2583(Prev Close), the market ended May at 2546(Month Close),
that being 45%(Pct Range) off of
2455(Month Low) to 2658(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 2455(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 2280(Average Objective).
- September Lumber(CME)
- The LBU2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 860.1(Prev Close), the market ended May at 653.9(Month Close),
that being 4%(Pct Range) off of
644.0(Month Low) to 872.5(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Lumber(CME) also closed
lower in May than April in 20(Cond Years) of those years.
Of those 20, LBU went on to penetrate the May 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 LBU should penetrate 644.0(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 568.7(Average Objective).
- November Lumber(CME)
- The LBX2(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 847.7(Prev Close), the market ended May at 658.6(Month Close),
that being 7%(Pct Range) off of
645.0(Month Low) to 840.9(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the November Lumber(CME) also closed
lower in May than April in 20(Cond Years) of those years.
Of those 20, LBX went on to penetrate the May 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 LBX should penetrate 645.0(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 584.7(Average Objective).
- October Sugar #11(ICE)
- The SBV2(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 19.25(Prev Close), the market ended May at 19.57(Month Close),
that being 61%(Pct Range) off of
18.45(Month Low) to 20.29(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 20(Cond Years) of those years.
Of those 20, SBV went on to exceed the May 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 SBV should exceed 20.29(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 23.21(Average Objective).
- March Sugar #11(ICE)
- The SBH3(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 19.50(Prev Close), the market ended May at 19.87(Month Close),
that being 66%(Pct Range) off of
18.77(Month Low) to 20.43(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 19(Cond Years) of those years.
Of those 19, SBH went on to exceed the May high within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the SBH should exceed 20.43(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 22.85(Average Objective).
- September Rough Rice(CBOT)
- The RRU2(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 17.52(Prev Close), the market ended May at 17.81(Month Close),
that being 73%(Pct Range) off of
16.77(Month Low) to 18.20(Month High).
In comparing the April/May closes for each of the last 35 years(Total Years), Scenario found that the September Rough Rice(CBOT) also closed
higher in May than April in 15(Cond Years) of those years.
Of those 15, RRU went on to exceed the May 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 RRU should exceed 18.20(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 19.31(Average Objective).
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