3/14/17 as down -$0.20 and the model projects that the component on yesterday's kill will be somewhere between unchanged to down -0.30. The surging JJJs have closed the "Gap" to -1.19 at last night's settle with the JJJs being at a discount to the component. That makes the "Gap" a non-issue because that "Gap"d can be erased in a blink.

Today I'm neutral the JJJs. I will look for set-ups to scalp from either side. Maybe ITZ will throw a few suckers out there for me to try and pick up.

The calendar spreads were nice and active for me yesterday.

Best wishes,

dhm