interesting turn of events for ITZ and I say, "Good for him."
The data for the front month has looked weak so I sold some of the NNNs and I am now being warped by them. Maybe when the packers submit their data so the 201 report can be released traders will re-think being long the NNNs.
I continue to be bullish the deferred contracts but the market is not so sure today.
Best wishes,
D.H..