11-5-14 was down -$0.18 and the model projects that the component on the 11-5-14 kill will drop between -0.25 and -0.55. It appears that the down trend is still in place. The rate at which the Purchase Index is falling appears to have slowed. This sets the stage for carefully watching to see if the ZZZs are on the verge of being pushed up by a rising CME Index.
At this price level I am trying to scalp from the short side. So far it is working all right. I'm now flat looking to sell again.
Best wishes,
dhm