8/8/19 was down -0.26 and the model projects the component on yesterday;s kill will drop between -0.10 and -0.40. That is less than it takes to close the "Gap" so I am still long the QQQs.

Packers only purchased 78.9% of the moving average daily purchases of total hogs and 82.0% on the index hogs.

Best wishes,

Doc