6/13/17 was up $0.79 and the model projects that the component on yesterday's kill will scoot up between +0.45 and +0.75. It continues to appear to me that the "Gap" will be closed by a strong Index rather than the MMMs having to cough up a little.

I'm happy to see the Q/V spread showing a little up-tic today. Although I had orders working to buy more.

Best wishes,

dhm