- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 32908.00(Prev Close), the market ended June at 34408.00(Month Close),
that being 90%(Pct Range) off of
32707.00(Month Low) to 34589.00(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed
higher in June than May in 22(Cond Years) of those years.
Of those 22, the #DJ went on to exceed the June 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 the #DJ should exceed 34589.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 36299.81(Average Objective).
- Dow Jones Transportation
- The #TRAN(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 13710.00(Prev Close), the market ended June at 15530.00(Month Close),
that being 97%(Pct Range) off of
13648.00(Month Low) to 15581.00(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Transportation also closed
higher in June than May in 19(Cond Years) of those years.
Of those 19, the #TRAN went on to exceed the June 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 the #TRAN should exceed 15581.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 16874.06(Average Objective).
- Dow Jones Utilities
- The #UTIL(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 900.35(Prev Close), the market ended June at 906.65(Month Close),
that being 47%(Pct Range) off of
884.00(Month Low) to 932.65(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Utilities also closed
higher in June than May in 24(Cond Years) of those years.
Of those 24, the #UTIL went on to exceed the June 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 the #UTIL should exceed 932.65(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 972.63(Average Objective).
- NASDAQ 100 Index
- The #NQ(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 14254.00(Prev Close), the market ended June at 15179.00(Month Close),
that being 90%(Pct Range) off of
14223.75(Month Low) to 15284.50(Month High).
In comparing the May/June closes for each of the last 37 years(Total Years), Scenario found that the NASDAQ 100 Index also closed
higher in June than May in 18(Cond Years) of those years.
Of those 18, the #NQ went on to exceed the June 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 the #NQ should exceed 15284.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 16524.16(Average Objective).
- S&P MidCap 400 Index
- The #MZ(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 2406.65(Prev Close), the market ended June at 2622.35(Month Close),
that being 96%(Pct Range) off of
2398.85(Month Low) to 2632.55(Month High).
In comparing the May/June closes for each of the last 3 years(Total Years), Scenario found that the S&P MidCap 400 Index also closed
higher in June than May in 1(Cond Years) of those years.
Of those 1, the #MZ went on to exceed the June 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 2632.55(Scenario Objective) by no later than the end of August.
- Nikkei 225 Index
- The #SSNI(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 30888(Prev Close), the market ended June at 33189(Month Close),
that being 80%(Pct Range) off of
30853(Month Low) to 33773(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the Nikkei 225 Index also closed
higher in June than May in 26(Cond Years) of those years.
Of those 26, the #SSNI went on to exceed the June 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 #SSNI should exceed 33773(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 35021(Average Objective).
- S & P 500 Stock Index
- The #SP(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 4179.75(Prev Close), the market ended June at 4450.50(Month Close),
that being 97%(Pct Range) off of
4171.75(Month Low) to 4458.50(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed
higher in June than May in 26(Cond Years) of those years.
Of those 26, the #SP went on to exceed the June 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 4458.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 4690.42(Average Objective).
- September NASDAQ 100 E-Mini(CME)
- The NQU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 14470.25(Prev Close), the market ended June at 15337.00(Month Close),
that being 87%(Pct Range) off of
14420.00(Month Low) to 15475.50(Month High).
In comparing the May/June closes for each of the last 26 years(Total Years), Scenario found that the September NASDAQ 100 E-Mini(CME) also closed
higher in June than May in 13(Cond Years) of those years.
Of those 13, NQU went on to exceed the June high within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the NQU should exceed 15475.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 16790.37(Average Objective).
- September E-mini DJIA Index(CBOT)
- The YMU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 33258(Prev Close), the market ended June at 34643(Month Close),
that being 87%(Pct Range) off of
33026(Month Low) to 34888(Month High).
In comparing the May/June closes for each of the last 25 years(Total Years), Scenario found that the September E-mini DJIA Index(CBOT) also closed
higher in June than May in 10(Cond Years) of those years.
Of those 10, YMU went on to exceed the June high within the next 2 months in 9 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the YMU should exceed 34888(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 9 years) a potential move
toward 36250(Average Objective).
- September Australian Dollar(CME)
- The ADU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 65.19(Prev Close), the market ended June at 66.78(Month Close),
that being 41%(Pct Range) off of
65.10(Month Low) to 69.15(Month High).
In comparing the May/June closes for each of the last 36 years(Total Years), Scenario found that the September Australian Dollar(CME) also closed
higher in June than May in 21(Cond Years) of those years.
Of those 21, ADU went on to exceed the June 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 ADU should exceed 69.15(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 71.53(Average Objective).
- September US Dollar Index(ICE)
- The DXU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 103.845(Prev Close), the market ended June at 102.588(Month Close),
that being 43%(Pct Range) off of
101.485(Month Low) to 104.025(Month High).
In comparing the May/June closes for each of the last 37 years(Total Years), Scenario found that the September US Dollar Index(ICE) also closed
lower in June than May in 21(Cond Years) of those years.
Of those 21, DXU went on to penetrate the June 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 DXU should penetrate 101.485(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 98.197(Average Objective).
- September Copper(CMX)
- The HGU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 365.35(Prev Close), the market ended June at 375.95(Month Close),
that being 33%(Pct Range) off of
366.00(Month Low) to 396.45(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Copper(CMX) also closed
higher in June than May in 23(Cond Years) of those years.
Of those 23, HGU went on to exceed the June high within the next 2 months in 22 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the HGU should exceed 396.45(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 425.52(Average Objective).
- September Crude Oil(NYM)
- The CLU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 68.14(Prev Close), the market ended June at 70.78(Month Close),
that being 47%(Pct Range) off of
66.98(Month Low) to 74.99(Month High).
In comparing the May/June closes for each of the last 40 years(Total Years), Scenario found that the September Crude Oil(NYM) also closed
higher in June than May in 21(Cond Years) of those years.
Of those 21, CLU went on to exceed the June 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 CLU should exceed 74.99(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 81.12(Average Objective).
- October Crude Oil(NYM)
- The CLV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 67.92(Prev Close), the market ended June at 70.72(Month Close),
that being 50%(Pct Range) off of
66.83(Month Low) to 74.60(Month High).
In comparing the May/June closes for each of the last 40 years(Total Years), Scenario found that the October Crude Oil(NYM) also closed
higher in June than May in 20(Cond Years) of those years.
Of those 20, CLV went on to exceed the June high within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the CLV should exceed 74.60(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 81.31(Average Objective).
- November Crude Oil(NYM)
- The CLX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 67.64(Prev Close), the market ended June at 70.58(Month Close),
that being 60%(Pct Range) off of
66.67(Month Low) to 73.17(Month High).
In comparing the May/June closes for each of the last 40 years(Total Years), Scenario found that the November Crude Oil(NYM) also closed
higher in June than May in 20(Cond Years) of those years.
Of those 20, CLX went on to exceed the June 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 CLX should exceed 73.17(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 79.50(Average Objective).
- September NY Harbor ULSD(NYM)
- The HOU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 226.21(Prev Close), the market ended June at 244.20(Month Close),
that being 79%(Pct Range) off of
224.78(Month Low) to 249.43(Month High).
In comparing the May/June closes for each of the last 43 years(Total Years), Scenario found that the September NY Harbor ULSD(NYM) also closed
higher in June than May in 22(Cond Years) of those years.
Of those 22, HOU went on to exceed the June high within the next 2 months in 21 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the HOU should exceed 249.43(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 271.85(Average Objective).
- October NY Harbor ULSD(NYM)
- The HOV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 226.88(Prev Close), the market ended June at 243.78(Month Close),
that being 80%(Pct Range) off of
225.65(Month Low) to 248.36(Month High).
In comparing the May/June closes for each of the last 43 years(Total Years), Scenario found that the October NY Harbor ULSD(NYM) also closed
higher in June than May in 21(Cond Years) of those years.
Of those 21, HOV went on to exceed the June high within the next 2 months in 20 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the HOV should exceed 248.36(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 270.90(Average Objective).
- November NY Harbor ULSD(NYM)
- The HOX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 227.08(Prev Close), the market ended June at 243.06(Month Close),
that being 81%(Pct Range) off of
225.64(Month Low) to 247.19(Month High).
In comparing the May/June closes for each of the last 44 years(Total Years), Scenario found that the November NY Harbor ULSD(NYM) also closed
higher in June than May in 23(Cond Years) of those years.
Of those 23, HOX went on to exceed the June high within the next 2 months in 21 years(Action Years) or 91%(Pct) of the time.
Therefore, the historical odds are high that the HOX should exceed 247.19(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 268.76(Average Objective).
- September RBOB Gasoline(NYM)
- The RBU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 230.84(Prev Close), the market ended June at 246.25(Month Close),
that being 80%(Pct Range) off of
227.76(Month Low) to 250.85(Month High).
In comparing the May/June closes for each of the last 38 years(Total Years), Scenario found that the September RBOB Gasoline(NYM) also closed
higher in June than May in 19(Cond Years) of those years.
Of those 19, RBU went on to exceed the June 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 RBU should exceed 250.85(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 276.21(Average Objective).
- October RBOB Gasoline(NYM)
- The RBV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 212.02(Prev Close), the market ended June at 221.80(Month Close),
that being 66%(Pct Range) off of
209.56(Month Low) to 228.02(Month High).
In comparing the May/June closes for each of the last 38 years(Total Years), Scenario found that the October RBOB Gasoline(NYM) also closed
higher in June than May in 20(Cond Years) of those years.
Of those 20, RBV went on to exceed the June high within the next 2 months in 19 years(Action Years) or 95%(Pct) of the time.
Therefore, the historical odds are high that the RBV should exceed 228.02(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 248.33(Average Objective).
- November RBOB Gasoline(NYM)
- The RBX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 205.36(Prev Close), the market ended June at 215.62(Month Close),
that being 74%(Pct Range) off of
203.39(Month Low) to 219.95(Month High).
In comparing the May/June closes for each of the last 38 years(Total Years), Scenario found that the November RBOB Gasoline(NYM) also closed
higher in June than May in 18(Cond Years) of those years.
Of those 18, RBX went on to exceed the June 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 RBX should exceed 219.95(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 238.23(Average Objective).
- October Brent Crude Oil(ICE)
- The CBV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 72.20(Prev Close), the market ended June at 75.30(Month Close),
that being 59%(Pct Range) off of
71.40(Month Low) to 78.06(Month High).
In comparing the May/June closes for each of the last 33 years(Total Years), Scenario found that the October Brent Crude Oil(ICE) also closed
higher in June than May in 17(Cond Years) of those years.
Of those 17, CBV went on to exceed the June 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 CBV should exceed 78.06(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 85.26(Average Objective).
- November Brent Crude Oil(ICE)
- The CBX3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 71.92(Prev Close), the market ended June at 75.12(Month Close),
that being 61%(Pct Range) off of
71.20(Month Low) to 77.66(Month High).
In comparing the May/June closes for each of the last 33 years(Total Years), Scenario found that the November Brent Crude Oil(ICE) also closed
higher in June than May in 17(Cond Years) of those years.
Of those 17, CBX went on to exceed the June 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 CBX should exceed 77.66(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 84.69(Average Objective).
- December Brent Crude Oil(ICE)
- The CBZ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 71.63(Prev Close), the market ended June at 74.91(Month Close),
that being 63%(Pct Range) off of
70.97(Month Low) to 77.26(Month High).
In comparing the May/June closes for each of the last 33 years(Total Years), Scenario found that the December Brent Crude Oil(ICE) also closed
higher in June than May in 17(Cond Years) of those years.
Of those 17, CBZ went on to exceed the June 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 CBZ should exceed 77.26(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 84.09(Average Objective).
- September Corn(CBOT)
- The CU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 516.25(Prev Close), the market ended June at 488.50(Month Close),
that being 1%(Pct Range) off of
486.50(Month Low) to 624.75(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Corn(CBOT) also closed
lower in June than May in 29(Cond Years) of those years.
Of those 29, CU went on to penetrate the June low within the next 2 months in 26 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the CU should penetrate 486.50(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 26 years) a potential move
toward 424.56(Average Objective).
- December Corn(CBOT)
- The CZ3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 521.75(Prev Close), the market ended June at 494.75(Month Close),
that being 1%(Pct Range) off of
493.00(Month Low) to 629.75(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Corn(CBOT) also closed
lower in June than May in 28(Cond Years) of those years.
Of those 28, CZ went on to penetrate the June low within the next 2 months in 26 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the CZ should penetrate 493.00(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 26 years) a potential move
toward 438.97(Average Objective).
- August Live Cattle(CME)
- The LCQ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 167.680(Prev Close), the market ended June at 177.180(Month Close),
that being 91%(Pct Range) off of
167.330(Month Low) to 178.100(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the August Live Cattle(CME) also closed
higher in June than May in 23(Cond Years) of those years.
Of those 23, LCQ went on to exceed the June high within the next 2 months in 22 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the LCQ should exceed 178.100(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 187.358(Average Objective).
- October Live Cattle(CME)
- The LCV3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 171.780(Prev Close), the market ended June at 179.550(Month Close),
that being 93%(Pct Range) off of
171.400(Month Low) to 180.180(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the October Live Cattle(CME) also closed
higher in June than May in 24(Cond Years) of those years.
Of those 24, LCV went on to exceed the June 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 LCV should exceed 180.180(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 188.852(Average Objective).
- August Feeder Cattle(CME)
- The FCQ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 239.180(Prev Close), the market ended June at 247.580(Month Close),
that being 98%(Pct Range) off of
226.700(Month Low) to 248.080(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the August Feeder Cattle(CME) also closed
higher in June than May in 27(Cond Years) of those years.
Of those 27, FCQ went on to exceed the June 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 FCQ should exceed 248.080(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 26 years) a potential move
toward 261.571(Average Objective).
- September Feeder Cattle(CME)
- The FCU3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 242.230(Prev Close), the market ended June at 250.830(Month Close),
that being 98%(Pct Range) off of
230.250(Month Low) to 251.280(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Feeder Cattle(CME) also closed
higher in June than May in 27(Cond Years) of those years.
Of those 27, FCU went on to exceed the June 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 FCU should exceed 251.280(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 26 years) a potential move
toward 265.223(Average Objective).
- September Coffee "C"(ICE)
- The KCU3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 175.85(Prev Close), the market ended June at 159.00(Month Close),
that being 4%(Pct Range) off of
157.75(Month Low) to 191.75(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the September Coffee "C"(ICE) also closed
lower in June than May in 33(Cond Years) of those years.
Of those 33, KCU went on to penetrate the June low within the next 2 months in 29 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the KCU should penetrate 157.75(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 29 years) a potential move
toward 139.43(Average Objective).
- December Coffee "C"(ICE)
- The KCZ3(Mkt) ended Lower(Cond) for
June(Month). Compared to May's 173.60(Prev Close), the market ended June at 158.10(Month Close),
that being 4%(Pct Range) off of
156.95(Month Low) to 189.00(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Coffee "C"(ICE) also closed
lower in June than May in 33(Cond Years) of those years.
Of those 33, KCZ went on to penetrate the June low within the next 2 months in 29 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the KCZ should penetrate 156.95(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 29 years) a potential move
toward 140.17(Average Objective).
- December Cocoa(ICE)
- The CCZ3(Mkt) ended Higher(Cond) for
June(Month). Compared to May's 3010(Prev Close), the market ended June at 3363(Month Close),
that being 97%(Pct Range) off of
3002(Month Low) to 3375(Month High).
In comparing the May/June closes for each of the last 45 years(Total Years), Scenario found that the December Cocoa(ICE) also closed
higher in June than May in 20(Cond Years) of those years.
Of those 20, CCZ went on to exceed the June high within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the CCZ should exceed 3375(Scenario Objective) by no later than the end of August.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 3635(Average Objective).
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