- S&P MidCap 400 Index
- The #MZ(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 3046.35(Prev Close), the market ended April at 2861.10(Month Close),
that being 19%(Pct Range) off of
2818.00(Month Low) to 3047.00(Month High).
In comparing the March/April closes for each of the last 4 years(Total Years), Scenario found that the S&P MidCap 400 Index also closed
lower in April than March in 2(Cond Years) of those years.
Of those 2, the #MZ went on to penetrate the April low within the next 2 months in 2 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the the #MZ should penetrate 2818.00(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 2 years) a potential move
toward 2705.81(Average Objective).
- June 10-Year T-Notes(CBOT)
- The TYM4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 110~255(Prev Close), the market ended April at 107~140(Month Close),
that being 8%(Pct Range) off of
107~040(Month Low) to 110~290(Month High).
In comparing the March/April closes for each of the last 41 years(Total Years), Scenario found that the June 10-Year T-Notes(CBOT) also closed
lower in April than March in 19(Cond Years) of those years.
Of those 19, TYM 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 TYM should penetrate 107~040(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 104~074(Average Objective).
- June 5-Year T-Notes(CBOT)
- The FVM4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 107~004(Prev Close), the market ended April at 104~236(Month Close),
that being 4%(Pct Range) off of
104~202(Month Low) to 107~032(Month High).
In comparing the March/April closes for each of the last 35 years(Total Years), Scenario found that the June 5-Year T-Notes(CBOT) also closed
lower in April than March in 15(Cond Years) of those years.
Of those 15, FVM 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 FVM should penetrate 104~202(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 103~045(Average Objective).
- June Australian Dollar(CME)
- The ADM4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 65.33(Prev Close), the market ended April at 64.92(Month Close),
that being 42%(Pct Range) off of
63.73(Month Low) to 66.58(Month High).
In comparing the March/April closes for each of the last 37 years(Total Years), Scenario found that the June Australian Dollar(CME) also closed
lower in April than March in 14(Cond Years) of those years.
Of those 14, ADM went on to penetrate the April low within the next 2 months in 14 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the ADM should penetrate 63.73(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 61.17(Average Objective).
- June British Pound(CME)
- The BPM4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 126.27(Prev Close), the market ended April at 125.07(Month Close),
that being 50%(Pct Range) off of
123.03(Month Low) to 127.15(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the June British Pound(CME) also closed
lower in April than March in 13(Cond Years) of those years.
Of those 13, BPM went on to penetrate the April low within the next 2 months in 12 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the BPM should penetrate 123.03(Scenario Objective) by no later than the end of June.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 118.79(Average Objective).
- June Canadian Dollar(CME)
- The CDM4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 73.94(Prev Close), the market ended April at 72.73(Month Close),
that being 22%(Pct Range) off of
72.29(Month Low) to 74.28(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the June Canadian Dollar(CME) also closed
lower in April than March in 17(Cond Years) of those years.
Of those 17, CDM 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 CDM should penetrate 72.29(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 71.26(Average Objective).
- July RBOB Gasoline(NYM)
- The RBN4(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 264.59(Prev Close), the market ended April at 265.41(Month Close),
that being 34%(Pct Range) off of
258.98(Month Low) to 278.06(Month High).
In comparing the March/April closes for each of the last 38 years(Total Years), Scenario found that the July RBOB Gasoline(NYM) also closed
higher in April than March in 28(Cond Years) of those years.
Of those 28, RBN went on to exceed the April 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 RBN should exceed 278.06(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 307.56(Average Objective).
- August RBOB Gasoline(NYM)
- The RBQ4(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 259.04(Prev Close), the market ended April at 260.10(Month Close),
that being 32%(Pct Range) off of
254.16(Month Low) to 272.62(Month High).
In comparing the March/April closes for each of the last 38 years(Total Years), Scenario found that the August RBOB Gasoline(NYM) also closed
higher in April than March in 27(Cond Years) of those years.
Of those 27, RBQ went on to exceed the April 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 RBQ should exceed 272.62(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 301.91(Average Objective).
- September RBOB Gasoline(NYM)
- The RBU4(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 252.22(Prev Close), the market ended April at 253.80(Month Close),
that being 30%(Pct Range) off of
248.58(Month Low) to 265.96(Month High).
In comparing the March/April closes for each of the last 39 years(Total Years), Scenario found that the September RBOB Gasoline(NYM) also closed
higher in April than March in 29(Cond Years) of those years.
Of those 29, RBU 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 RBU should exceed 265.96(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 291.76(Average Objective).
- September Natural Gas(NYM)
- The NGU4(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 2.437(Prev Close), the market ended April at 2.458(Month Close),
that being 52%(Pct Range) off of
2.354(Month Low) to 2.555(Month High).
In comparing the March/April closes for each of the last 33 years(Total Years), Scenario found that the September Natural Gas(NYM) also closed
higher in April than March in 22(Cond Years) of those years.
Of those 22, NGU went on to exceed the April 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 NGU should exceed 2.555(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 2.895(Average Objective).
- August Brent Crude Oil(ICE)
- The CBQ4(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 85.35(Prev Close), the market ended April at 85.61(Month Close),
that being 22%(Pct Range) off of
84.29(Month Low) to 90.22(Month High).
In comparing the March/April closes for each of the last 34 years(Total Years), Scenario found that the August Brent Crude Oil(ICE) also closed
higher in April than March in 22(Cond Years) of those years.
Of those 22, CBQ 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 CBQ should exceed 90.22(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 97.01(Average Objective).
- September Brent Crude Oil(ICE)
- The CBU4(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 84.57(Prev Close), the market ended April at 84.91(Month Close),
that being 23%(Pct Range) off of
83.59(Month Low) to 89.32(Month High).
In comparing the March/April closes for each of the last 34 years(Total Years), Scenario found that the September Brent Crude Oil(ICE) also closed
higher in April than March in 23(Cond Years) of those years.
Of those 23, CBU went on to exceed the April 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 CBU should exceed 89.32(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 97.04(Average Objective).
- October Brent Crude Oil(ICE)
- The CBV4(Mkt) ended Higher(Cond) for
April(Month). Compared to March's 83.81(Prev Close), the market ended April at 84.23(Month Close),
that being 24%(Pct Range) off of
82.90(Month Low) to 88.44(Month High).
In comparing the March/April closes for each of the last 34 years(Total Years), Scenario found that the October Brent Crude Oil(ICE) also closed
higher in April than March in 23(Cond Years) of those years.
Of those 23, CBV went on to exceed the April 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 CBV should exceed 88.44(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 96.03(Average Objective).
- July Soybean Oil(CBOT)
- The BON4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 48.48(Prev Close), the market ended April at 43.01(Month Close),
that being 4%(Pct Range) off of
42.68(Month Low) to 50.27(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 20(Cond Years) of those years.
Of those 20, BON went on to penetrate the April 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 BON should penetrate 42.68(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 39.58(Average Objective).
- August Soybean Oil(CBOT)
- The BOQ4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 48.54(Prev Close), the market ended April at 43.32(Month Close),
that being 4%(Pct Range) off of
43.00(Month Low) to 50.28(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 20(Cond Years) of those years.
Of those 20, BOQ went on to penetrate the April 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 BOQ should penetrate 43.00(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 39.96(Average Objective).
- July Corn(CBOT)
- The CN4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 454.50(Prev Close), the market ended April at 446.75(Month Close),
that being 59%(Pct Range) off of
435.75(Month Low) to 454.50(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 25 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the CN should penetrate 435.75(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 399.39(Average Objective).
- September Corn(CBOT)
- The CU4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 464.50(Prev Close), the market ended April at 455.75(Month Close),
that being 58%(Pct Range) off of
444.50(Month Low) to 464.00(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 24 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the CU should penetrate 444.50(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 408.10(Average Objective).
- December Corn(CBOT)
- The CZ4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 477.75(Prev Close), the market ended April at 469.50(Month Close),
that being 56%(Pct Range) off of
459.50(Month Low) to 477.50(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the December Corn(CBOT) also closed
lower in April than March in 23(Cond Years) of those years.
Of those 23, CZ went on to penetrate the April 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 CZ should penetrate 459.50(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 424.10(Average Objective).
- July Cotton(ICE)
- The CTN4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 91.97(Prev Close), the market ended April at 78.43(Month Close),
that being 3%(Pct Range) off of
78.03(Month Low) to 93.44(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 19(Cond Years) of those years.
Of those 19, CTN 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 CTN should penetrate 78.03(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 69.44(Average Objective).
- December Cotton(ICE)
- The CTZ4(Mkt) ended Lower(Cond) for
April(Month). Compared to March's 83.99(Prev Close), the market ended April at 76.83(Month Close),
that being 4%(Pct Range) off of
76.50(Month Low) to 84.50(Month High).
In comparing the March/April closes for each of the last 45 years(Total Years), Scenario found that the December Cotton(ICE) also closed
lower in April than March in 16(Cond Years) of those years.
Of those 16, CTZ went on to penetrate the April low within the next 2 months in 14 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the CTZ should penetrate 76.50(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 70.18(Average Objective).
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