- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 33274.00(Prev Close), the market ended April at 34098.00(Month Close),
that being 99%(Pct Range) off of
33236.00(Month Low) to 34105.00(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed
higher in April than March in 31(Cond Years) of those years.
Of those 31, the #DJ went on to exceed the April high within the next 2 months in 29 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 34105.00(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 29 years) a potential move
toward 35576.28(Average Objective).
- S & P 100(OEX)
- The #OEX(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 1874.40(Prev Close), the market ended April at 1913.10(Month Close),
that being 99%(Pct Range) off of
1855.75(Month Low) to 1913.45(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the S & P 100(OEX) also closed
higher in April than March in 32(Cond Years) of those years.
Of those 32, the #OEX went on to exceed the April high within the next 2 months in 29 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the the #OEX should exceed 1913.45(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 29 years) a potential move
toward 2001.60(Average Objective).
- NASDAQ 100 Index
- The #NQ(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 13181.25(Prev Close), the market ended April at 13245.75(Month Close),
that being 100%(Pct Range) off of
12724.50(Month Low) to 13247.25(Month High).
In comparing the March/April closes for each of the last 37 years(Total Years), Scenario found that the NASDAQ 100 Index also closed
higher in April than March in 22(Cond Years) of those years.
Of those 22, the #NQ went on to exceed the April 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 the #NQ should exceed 13247.25(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 14336.24(Average Objective).
- S&P MidCap 400 Index
- The #MZ(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 2512.15(Prev Close), the market ended April at 2490.40(Month Close),
that being 65%(Pct Range) off of
2426.30(Month Low) to 2524.65(Month High).
In comparing the March/April closes for each of the last 3 years(Total Years), Scenario found that the S&P MidCap 400 Index also closed
lower in April than March in 1(Cond Years) of those years.
Of those 1, the #MZ went on to penetrate the April low 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 penetrate 2426.30(Scenario Objective) by no later than the end of June.
- Nikkei 225 Index
- The #SSNI(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 28041(Prev Close), the market ended April at 28856(Month Close),
that being 98%(Pct Range) off of
27428(Month Low) to 28879(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the Nikkei 225 Index also closed
higher in April than March in 29(Cond Years) of those years.
Of those 29, the #SSNI went on to exceed the April 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 #SSNI should exceed 28879(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 25 years) a potential move
toward 30438(Average Objective).
- S & P 500 Stock Index
- The #SP(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 4109.25(Prev Close), the market ended April at 4169.50(Month Close),
that being 100%(Pct Range) off of
4049.25(Month Low) to 4170.00(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed
higher in April than March in 32(Cond Years) of those years.
Of those 32, the #SP went on to exceed the April high within the next 2 months in 30 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the the #SP should exceed 4170.00(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 30 years) a potential move
toward 4359.13(Average Objective).
- September NASDAQ 100 E-Mini(CME)
- The NQU3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 13442.00(Prev Close), the market ended April at 13466.75(Month Close),
that being 96%(Pct Range) off of
12944.50(Month Low) to 13485.75(Month High).
In comparing the March/April closes for each of the last 26 years(Total Years), Scenario found that the September NASDAQ 100 E-Mini(CME) also closed
higher in April than March in 17(Cond Years) of those years.
Of those 17, NQU went on to exceed the April high within the next 2 months in 15 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the NQU should exceed 13485.75(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 14506.29(Average Objective).
- September E-mini DJIA Index(CBOT)
- The YMU3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 33703(Prev Close), the market ended April at 34468(Month Close),
that being 93%(Pct Range) off of
33618(Month Low) to 34530(Month High).
In comparing the March/April closes for each of the last 24 years(Total Years), Scenario found that the September E-mini DJIA Index(CBOT) also closed
higher in April than March in 19(Cond Years) of those years.
Of those 19, YMU went on to exceed the April 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 YMU should exceed 34530(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 35825(Average Objective).
- September 30-Year T-Bonds(CBOT)
- The USU3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 131~080(Prev Close), the market ended April at 131~290(Month Close),
that being 51%(Pct Range) off of
129~090(Month Low) to 134~150(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the September 30-Year T-Bonds(CBOT) also closed
higher in April than March in 21(Cond Years) of those years.
Of those 21, USU went on to exceed the April high within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the USU should exceed 134~150(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 141~149(Average Objective).
- September 10-Year T-Notes(CBOT)
- The TYU3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 115~195(Prev Close), the market ended April at 116~005(Month Close),
that being 45%(Pct Range) off of
114~220(Month Low) to 117~210(Month High).
In comparing the March/April closes for each of the last 40 years(Total Years), Scenario found that the September 10-Year T-Notes(CBOT) also closed
higher in April than March in 19(Cond Years) of those years.
Of those 19, TYU went on to exceed the April 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 TYU should exceed 117~210(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 121~091(Average Objective).
- September 5-Year T-Notes(CBOT)
- The FVU3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 110~002(Prev Close), the market ended April at 110~106(Month Close),
that being 46%(Pct Range) off of
109~104(Month Low) to 111~160(Month High).
In comparing the March/April closes for each of the last 34 years(Total Years), Scenario found that the September 5-Year T-Notes(CBOT) also closed
higher in April than March in 17(Cond Years) of those years.
Of those 17, FVU went on to exceed the April 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 FVU should exceed 111~160(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 113~213(Average Objective).
- September 2 Year T-Notes(CBOT)
- The TUU3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 103~252(Prev Close), the market ended April at 103~233(Month Close),
that being 39%(Pct Range) off of
103~100(Month Low) to 104~122(Month High).
In comparing the March/April closes for each of the last 22 years(Total Years), Scenario found that the September 2 Year T-Notes(CBOT) also closed
lower in April than March in 12(Cond Years) of those years.
Of those 12, TUU went on to penetrate the April 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 TUU should penetrate 103~100(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 102~222(Average Objective).
- September Australian Dollar(CME)
- The ADU3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 67.24(Prev Close), the market ended April at 66.54(Month Close),
that being 19%(Pct Range) off of
66.10(Month Low) to 68.36(Month High).
In comparing the March/April closes for each of the last 36 years(Total Years), Scenario found that the September Australian Dollar(CME) also closed
lower in April than March in 13(Cond Years) of those years.
Of those 13, ADU went on to penetrate the April low within the next 2 months in 13 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the ADU should penetrate 66.10(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 13 years) a potential move
toward 63.27(Average Objective).
- September Canadian Dollar(CME)
- The CDU3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 74.10(Prev Close), the market ended April at 74.08(Month Close),
that being 35%(Pct Range) off of
73.39(Month Low) to 75.34(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the September Canadian Dollar(CME) also closed
lower in April than March in 16(Cond Years) of those years.
Of those 16, CDU went on to penetrate the April low within the next 2 months in 15 years(Action Years) or 94%(Pct) of the time.
Therefore, the historical odds are high that the CDU should penetrate 73.39(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 72.26(Average Objective).
- September Swiss Franc(CME)
- The SFU3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 111.30(Prev Close), the market ended April at 113.60(Month Close),
that being 72%(Pct Range) off of
110.70(Month Low) to 114.71(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the September Swiss Franc(CME) also closed
higher in April than March in 19(Cond Years) of those years.
Of those 19, SFU went on to exceed the April 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 SFU should exceed 114.71(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 117.90(Average Objective).
- July Crude Oil(NYM)
- The CLN3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 75.73(Prev Close), the market ended April at 76.61(Month Close),
that being 31%(Pct Range) off of
73.80(Month Low) to 82.91(Month High).
In comparing the March/April closes for each of the last 40 years(Total Years), Scenario found that the July Crude Oil(NYM) also closed
higher in April than March in 25(Cond Years) of those years.
Of those 25, CLN went on to exceed the April 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 CLN should exceed 82.91(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 89.64(Average Objective).
- August Crude Oil(NYM)
- The CLQ3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 75.44(Prev Close), the market ended April at 76.24(Month Close),
that being 32%(Pct Range) off of
73.46(Month Low) to 82.24(Month High).
In comparing the March/April closes for each of the last 40 years(Total Years), Scenario found that the August Crude Oil(NYM) also closed
higher in April than March in 25(Cond Years) of those years.
Of those 25, CLQ went on to exceed the April high within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the CLQ should exceed 82.24(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 89.13(Average Objective).
- September Crude Oil(NYM)
- The CLU3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 75.00(Prev Close), the market ended April at 75.72(Month Close),
that being 32%(Pct Range) off of
73.02(Month Low) to 81.44(Month High).
In comparing the March/April closes for each of the last 40 years(Total Years), Scenario found that the September Crude Oil(NYM) also closed
higher in April than March in 26(Cond Years) of those years.
Of those 26, CLU went on to exceed the April 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 CLU should exceed 81.44(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 87.94(Average Objective).
- July Brent Crude Oil(ICE)
- The CBN3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 79.73(Prev Close), the market ended April at 80.33(Month Close),
that being 31%(Pct Range) off of
77.36(Month Low) to 86.90(Month High).
In comparing the March/April closes for each of the last 33 years(Total Years), Scenario found that the July Brent Crude Oil(ICE) also closed
higher in April than March in 21(Cond Years) of those years.
Of those 21, CBN went on to exceed the April 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 CBN should exceed 86.90(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 91.57(Average Objective).
- August Brent Crude Oil(ICE)
- The CBQ3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 79.45(Prev Close), the market ended April at 79.92(Month Close),
that being 31%(Pct Range) off of
77.07(Month Low) to 86.17(Month High).
In comparing the March/April closes for each of the last 33 years(Total Years), Scenario found that the August Brent Crude Oil(ICE) also closed
higher in April than March in 21(Cond Years) of those years.
Of those 21, CBQ went on to exceed the April high within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the CBQ should exceed 86.17(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 92.53(Average Objective).
- September Brent Crude Oil(ICE)
- The CBU3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 79.11(Prev Close), the market ended April at 79.46(Month Close),
that being 31%(Pct Range) off of
76.70(Month Low) to 85.47(Month High).
In comparing the March/April closes for each of the last 33 years(Total Years), Scenario found that the September Brent Crude Oil(ICE) also closed
higher in April than March in 22(Cond Years) of those years.
Of those 22, CBU went on to exceed the April 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 CBU should exceed 85.47(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 92.69(Average Objective).
- July Soybean Oil(CBOT)
- The BON3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 55.62(Prev Close), the market ended April at 51.67(Month Close),
that being 16%(Pct Range) off of
50.57(Month Low) to 57.51(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the July Soybean Oil(CBOT) also closed
lower in April than March in 19(Cond Years) of those years.
Of those 19, BON went on to penetrate the April low within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the BON should penetrate 50.57(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 47.06(Average Objective).
- August Soybean Oil(CBOT)
- The BOQ3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 55.24(Prev Close), the market ended April at 51.42(Month Close),
that being 16%(Pct Range) off of
50.36(Month Low) to 57.02(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the August Soybean Oil(CBOT) also closed
lower in April than March in 19(Cond Years) of those years.
Of those 19, BOQ went on to penetrate the April low within the next 2 months in 17 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the BOQ should penetrate 50.36(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 46.95(Average Objective).
- July Corn(CBOT)
- The CN3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 636.00(Prev Close), the market ended April at 585.00(Month Close),
that being 17%(Pct Range) off of
572.00(Month Low) to 647.50(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the July Corn(CBOT) also closed
lower in April than March in 28(Cond Years) of those years.
Of those 28, CN went on to penetrate the April low within the next 2 months in 24 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the CN should penetrate 572.00(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 24 years) a potential move
toward 523.97(Average Objective).
- September Corn(CBOT)
- The CU3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 577.25(Prev Close), the market ended April at 528.75(Month Close),
that being 11%(Pct Range) off of
521.50(Month Low) to 586.25(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the September Corn(CBOT) also closed
lower in April than March in 26(Cond Years) of those years.
Of those 26, CU went on to penetrate the April 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 CU should penetrate 521.50(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 479.28(Average Objective).
- July Wheat(KCBT)
- The KWN3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 861.75(Prev Close), the market ended April at 776.25(Month Close),
that being 12%(Pct Range) off of
761.75(Month Low) to 886.00(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the July Wheat(KCBT) also closed
lower in April than March in 21(Cond Years) of those years.
Of those 21, KWN went on to penetrate the April low within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the KWN should penetrate 761.75(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 712.74(Average Objective).
- September Wheat(KCBT)
- The KWU3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 858.00(Prev Close), the market ended April at 773.75(Month Close),
that being 11%(Pct Range) off of
760.25(Month Low) to 880.00(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the September Wheat(KCBT) also closed
lower in April than March in 23(Cond Years) of those years.
Of those 23, KWU went on to penetrate the April 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 KWU should penetrate 760.25(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 710.71(Average Objective).
- July Oats(CBOT)
- The ON3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 361.25(Prev Close), the market ended April at 312.00(Month Close),
that being 18%(Pct Range) off of
300.00(Month Low) to 365.00(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the July Oats(CBOT) also closed
lower in April than March in 19(Cond Years) of those years.
Of those 19, ON went on to penetrate the April 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 ON should penetrate 300.00(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 269.88(Average Objective).
- August Feeder Cattle(CME)
- The FCQ3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 221.980(Prev Close), the market ended April at 230.730(Month Close),
that being 89%(Pct Range) off of
218.900(Month Low) to 232.230(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed
higher in April than March in 24(Cond Years) of those years.
Of those 24, FCQ went on to exceed the April 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 FCQ should exceed 232.230(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 243.901(Average Objective).
- July Lean Hogs(CME)
- The HEN3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 94.030(Prev Close), the market ended April at 93.680(Month Close),
that being 80%(Pct Range) off of
87.730(Month Low) to 95.150(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the July Lean Hogs(CME) also closed
lower in April than March in 17(Cond Years) of those years.
Of those 17, HEN went on to penetrate the April 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 HEN should penetrate 87.730(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 80.428(Average Objective).
- October Lean Hogs(CME)
- The HEV3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 84.900(Prev Close), the market ended April at 84.380(Month Close),
that being 69%(Pct Range) off of
79.950(Month Low) to 86.400(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the October Lean Hogs(CME) also closed
lower in April than March in 15(Cond Years) of those years.
Of those 15, HEV went on to penetrate the April 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 HEV should penetrate 79.950(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 74.379(Average Objective).
- July Cotton(ICE)
- The CTN3(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 83.10(Prev Close), the market ended April at 80.80(Month Close),
that being 41%(Pct Range) off of
77.68(Month Low) to 85.23(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the July Cotton(ICE) also closed
lower in April than March in 18(Cond Years) of those years.
Of those 18, CTN went on to penetrate the April 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 CTN should penetrate 77.68(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 68.50(Average Objective).
- July Sugar #11(ICE)
- The SBN3(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 21.83(Prev Close), the market ended April at 26.35(Month Close),
that being 90%(Pct Range) off of
21.80(Month Low) to 26.83(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the July Sugar #11(ICE) also closed
higher in April than March in 16(Cond Years) of those years.
Of those 16, SBN went on to exceed the April high within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the SBN should exceed 26.83(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 31.08(Average Objective).
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