When i up-dated the projected cash settlement index this morning it was 65.66 with a range of 65.16 to 66.16. That is essentially where the GGGs are trading and yesterday the projected cash settlement was in lock-stop with the GGGs.

I'm wondering if therre are enough other traders who have concocted a similar model and have the same results to move move the market?

I'm still waiting for the "Big Dog Traders" to give a limit move one way or the other. It often happens at some point in front of expiry.

Have scalped a GGGs this morning and have added an extra that I'm waiting to see if I can hurry it off to the bank.

Best wishes,

dhm