- Dow Jones Utilities
- The #UTIL(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 906.65(Prev Close), the market ended July at 988.10(Month Close),
that being 97%(Pct Range) off of
897.35(Month Low) to 990.70(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the Dow Jones Utilities also closed
higher in July than June in 28(Cond Years) of those years.
Of those 28, the #UTIL went on to exceed the July high within the next 2 months in 26 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the the #UTIL should exceed 990.70(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 26 years) a potential move
toward 1027.85(Average Objective).
- Russell 2000 Index
- The #QR(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 2047.70(Prev Close), the market ended July at 2260.05(Month Close),
that being 93%(Pct Range) off of
2019.05(Month Low) to 2278.15(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in July than June in 24(Cond Years) of those years.
Of those 24, the #QR went on to exceed the July 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 #QR should exceed 2278.15(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 2407.62(Average Objective).
- Value Line Index
- The #VLE(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 10158.00(Prev Close), the market ended July at 10813.00(Month Close),
that being 96%(Pct Range) off of
10051.00(Month Low) to 10842.00(Month High).
In comparing the June/July closes for each of the last 41 years(Total Years), Scenario found that the Value Line Index also closed
higher in July than June in 23(Cond Years) of those years.
Of those 23, the #VLE went on to exceed the July 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 the #VLE should exceed 10842.00(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 11310.34(Average Objective).
- S & P 500 Stock Index
- The #SP(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 5460.50(Prev Close), the market ended July at 5522.25(Month Close),
that being 47%(Pct Range) off of
5391.00(Month Low) to 5669.75(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the S & P 500 Stock Index also closed
higher in July than June in 25(Cond Years) of those years.
Of those 25, the #SP went on to exceed the July 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 the #SP should exceed 5669.75(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 5899.79(Average Objective).
- December 30-Year T-Bonds(CBOT)
- The USZ4(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 118~140(Prev Close), the market ended July at 120~290(Month Close),
that being 83%(Pct Range) off of
116~010(Month Low) to 121~290(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the December 30-Year T-Bonds(CBOT) also closed
higher in July than June in 26(Cond Years) of those years.
Of those 26, USZ went on to exceed the July high within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the USZ should exceed 121~290(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 127~088(Average Objective).
- December 10-Year T-Notes(CBOT)
- The TYZ4(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 110~125(Prev Close), the market ended July at 112~085(Month Close),
that being 84%(Pct Range) off of
109~150(Month Low) to 112~255(Month High).
In comparing the June/July closes for each of the last 42 years(Total Years), Scenario found that the December 10-Year T-Notes(CBOT) also closed
higher in July than June in 27(Cond Years) of those years.
Of those 27, TYZ went on to exceed the July high within the next 2 months in 25 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the TYZ should exceed 112~255(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 25 years) a potential move
toward 115~300(Average Objective).
- December 5-Year T-Notes(CBOT)
- The FVZ4(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 106~310(Prev Close), the market ended July at 108~114(Month Close),
that being 100%(Pct Range) off of
106~162(Month Low) to 108~114(Month High).
In comparing the June/July closes for each of the last 36 years(Total Years), Scenario found that the December 5-Year T-Notes(CBOT) also closed
higher in July than June in 23(Cond Years) of those years.
Of those 23, FVZ went on to exceed the July 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 FVZ should exceed 108~114(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 110~031(Average Objective).
- December Australian Dollar(CME)
- The ADZ4(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 66.94(Prev Close), the market ended July at 65.65(Month Close),
that being 20%(Pct Range) off of
65.01(Month Low) to 68.20(Month High).
In comparing the June/July closes for each of the last 36 years(Total Years), Scenario found that the December Australian Dollar(CME) also closed
lower in July than June in 17(Cond Years) of those years.
Of those 17, ADZ went on to penetrate the July 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 ADZ should penetrate 65.01(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 62.26(Average Objective).
- December Japanese Yen(CME)
- The JYZ4(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 63.76(Prev Close), the market ended July at 67.77(Month Close),
that being 93%(Pct Range) off of
63.24(Month Low) to 68.12(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the December Japanese Yen(CME) also closed
higher in July than June in 21(Cond Years) of those years.
Of those 21, JYZ went on to exceed the July 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 JYZ should exceed 68.12(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 70.41(Average Objective).
- December Swiss Franc(CME)
- The SFZ4(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 113.56(Prev Close), the market ended July at 115.54(Month Close),
that being 91%(Pct Range) off of
112.72(Month Low) to 115.83(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the December Swiss Franc(CME) also closed
higher in July than June in 19(Cond Years) of those years.
Of those 19, SFZ went on to exceed the July 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 SFZ should exceed 115.83(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 120.95(Average Objective).
- December Palladium(NYMEX)
- The PAZ4(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 978.50(Prev Close), the market ended July at 931.20(Month Close),
that being 30%(Pct Range) off of
875.00(Month Low) to 1063.50(Month High).
In comparing the June/July closes for each of the last 44 years(Total Years), Scenario found that the December Palladium(NYMEX) also closed
lower in July than June in 17(Cond Years) of those years.
Of those 17, PAZ went on to penetrate the July 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 PAZ should penetrate 875.00(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 15 years) a potential move
toward 753.52(Average Objective).
- December Copper(CMX)
- The HGZ4(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 441.10(Prev Close), the market ended July at 421.50(Month Close),
that being 25%(Pct Range) off of
407.35(Month Low) to 464.60(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the December Copper(CMX) also closed
lower in July than June in 13(Cond Years) of those years.
Of those 13, HGZ went on to penetrate the July low within the next 2 months in 11 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the HGZ should penetrate 407.35(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 11 years) a potential move
toward 380.83(Average Objective).
- December Crude Oil(NYM)
- The CLZ4(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 78.34(Prev Close), the market ended July at 75.42(Month Close),
that being 33%(Pct Range) off of
72.64(Month Low) to 80.95(Month High).
In comparing the June/July closes for each of the last 41 years(Total Years), Scenario found that the December Crude Oil(NYM) also closed
lower in July than June in 14(Cond Years) of those years.
Of those 14, CLZ went on to penetrate the July low within the next 2 months in 12 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the CLZ should penetrate 72.64(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 12 years) a potential move
toward 64.63(Average Objective).
- October Natural Gas(NYM)
- The NGV4(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 2.692(Prev Close), the market ended July at 2.162(Month Close),
that being 8%(Pct Range) off of
2.113(Month Low) to 2.694(Month High).
In comparing the June/July closes for each of the last 34 years(Total Years), Scenario found that the October Natural Gas(NYM) also closed
lower in July than June in 21(Cond Years) of those years.
Of those 21, NGV went on to penetrate the July 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 NGV should penetrate 2.113(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 1.826(Average Objective).
- December Natural Gas(NYM)
- The NGZ4(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 3.558(Prev Close), the market ended July at 3.192(Month Close),
that being 13%(Pct Range) off of
3.137(Month Low) to 3.561(Month High).
In comparing the June/July closes for each of the last 34 years(Total Years), Scenario found that the December Natural Gas(NYM) also closed
lower in July than June in 18(Cond Years) of those years.
Of those 18, NGZ went on to penetrate the July 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 NGZ should penetrate 3.137(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 2.839(Average Objective).
- January Soybeans(CBOT)
- The SF5(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 1118.00(Prev Close), the market ended July at 1039.50(Month Close),
that being 6%(Pct Range) off of
1032.00(Month Low) to 1147.50(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the January Soybeans(CBOT) also closed
lower in July than June in 26(Cond Years) of those years.
Of those 26, SF went on to penetrate the July low within the next 2 months in 22 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the SF should penetrate 1032.00(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 966.05(Average Objective).
- December Wheat(CBOT)
- The WZ4(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 597.00(Prev Close), the market ended July at 552.00(Month Close),
that being 17%(Pct Range) off of
539.50(Month Low) to 615.25(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the December Wheat(CBOT) also closed
lower in July than June in 21(Cond Years) of those years.
Of those 21, WZ went on to penetrate the July 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 WZ should penetrate 539.50(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 490.16(Average Objective).
- March Wheat(CBOT)
- The WH5(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 615.50(Prev Close), the market ended July at 573.25(Month Close),
that being 18%(Pct Range) off of
560.25(Month Low) to 633.50(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the March Wheat(CBOT) also closed
lower in July than June in 21(Cond Years) of those years.
Of those 21, WH went on to penetrate the July low within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the WH should penetrate 560.25(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 509.26(Average Objective).
- March Wheat(KCBT)
- The KWH5(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 616.75(Prev Close), the market ended July at 580.50(Month Close),
that being 23%(Pct Range) off of
565.25(Month Low) to 631.75(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the March Wheat(KCBT) also closed
lower in July than June in 21(Cond Years) of those years.
Of those 21, KWH went on to penetrate the July low within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the KWH should penetrate 565.25(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 515.08(Average Objective).
- October Live Cattle(CME)
- The LCV4(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 184.880(Prev Close), the market ended July at 186.680(Month Close),
that being 68%(Pct Range) off of
181.730(Month Low) to 189.050(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the October Live Cattle(CME) also closed
higher in July than June in 28(Cond Years) of those years.
Of those 28, LCV went on to exceed the July 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 LCV should exceed 189.050(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 24 years) a potential move
toward 196.753(Average Objective).
- October Lean Hogs(CME)
- The HEV4(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 75.730(Prev Close), the market ended July at 75.930(Month Close),
that being 74%(Pct Range) off of
68.050(Month Low) to 78.700(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the October Lean Hogs(CME) also closed
higher in July than June in 25(Cond Years) of those years.
Of those 25, HEV went on to exceed the July 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 HEV should exceed 78.700(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 83.803(Average Objective).
- February Lean Hogs(CME)
- The HEG5(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 74.580(Prev Close), the market ended July at 72.450(Month Close),
that being 71%(Pct Range) off of
66.630(Month Low) to 74.850(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the February Lean Hogs(CME) also closed
lower in July than June in 20(Cond Years) of those years.
Of those 20, HEG went on to penetrate the July 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 HEG should penetrate 66.630(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 61.458(Average Objective).
- December Coffee "C"(ICE)
- The KCZ4(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 224.50(Prev Close), the market ended July at 228.15(Month Close),
that being 32%(Pct Range) off of
216.80(Month Low) to 252.70(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the December Coffee "C"(ICE) also closed
higher in July than June in 19(Cond Years) of those years.
Of those 19, KCZ went on to exceed the July 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 KCZ should exceed 252.70(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 271.03(Average Objective).
- December Cocoa(ICE)
- The CCZ4(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 6591(Prev Close), the market ended July at 6991(Month Close),
that being 63%(Pct Range) off of
6000(Month Low) to 7562(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the December Cocoa(ICE) also closed
higher in July than June in 21(Cond Years) of those years.
Of those 21, CCZ went on to exceed the July 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 CCZ should exceed 7562(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 8218(Average Objective).
- March Cocoa(ICE)
- The CCH5(Mkt) ended Higher(Cond) for
July(Month). Compared to June's 5949(Prev Close), the market ended July at 6219(Month Close),
that being 60%(Pct Range) off of
5525(Month Low) to 6684(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the March Cocoa(ICE) also closed
higher in July than June in 21(Cond Years) of those years.
Of those 21, CCH went on to exceed the July 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 CCH should exceed 6684(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 18 years) a potential move
toward 7274(Average Objective).
- December Cotton(ICE)
- The CTZ4(Mkt) ended Lower(Cond) for
July(Month). Compared to June's 72.69(Prev Close), the market ended July at 68.99(Month Close),
that being 24%(Pct Range) off of
67.50(Month Low) to 73.75(Month High).
In comparing the June/July closes for each of the last 45 years(Total Years), Scenario found that the December Cotton(ICE) also closed
lower in July than June in 23(Cond Years) of those years.
Of those 23, CTZ went on to penetrate the July 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 CTZ should penetrate 67.50(Scenario Objective) by no later than the end of September.
If it does so, Scenario would further project (based on
normalizing those previous 20 years) a potential move
toward 62.36(Average Objective).
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