2-17-15 was down -$0.55 and the model projects that the CME Lean Hog Index component on the 2-17-25 kill will drop between -0.50 and -0.80. As I said in my earlier post, the down trend is still intact.

I was waiting for the technical/emotional factors to give a limit move this morning to sell into but it faltered in its run for the moon and I missed some mighty nice scalping trades. Oh! Well! I still have plenty of short JJJs, KKKs, MMMs and NNNs. Actually, I may have more than I should have.

Now to see how close the model came to hitting the component change on yesterday's kill.

Best wishes,

dhm