6/9/16 was up +$0.52 and the model projects that the component on yesterday;s kill will move up between 0.40 to 0.70. The "Gap" stands at 2.92. It takes an average daily gain of +0.71 in the component to close the "Gap". The 4-day moving average change in the component has been 0.70. I guess the MMMs are priced about right.

Best wishes,

dhm