Within the elevated volume level, and as already mentioned, reflected in the trading range. Its time to pay attention to rollover as well.
aloha @tiddlywinks , Do you notice more trading range activity near rollover? I've never thought to look for a correlation but your response makes me think there would be
".... elevated volume level ......"? Here is the prior 5 days total (all contracts) daily volume:- 3/05 2273835 3/06 2545939 3/07 2297320 3/10 2570973 3/11 2657460 And today without other contracts included (exact amount not known till tomorrow) 3/12 1874000
5 bar Daily average volume shows it rolling over and dropping off:- And yesterday's numbers are Mar'25 1899100 Jun/Sep'25 109358 total 2008458 so right in line with previous 5 days/recent trend.
I went long at 92, stopped out at a -2 loss. Edit: on the PPI release, it seemed to be booming, but meh...
Ever heard of seasonality trading? It might or might not work without guaranteed results. Don't overload yourself esp. while you're still a newbie, unless you know how to combine it with your trading system like what LF is doing. P.S. under current trading environment with trumptard & his team keeps blah blah blah everyday... you'll find scalping works extremely well with tons of opportunities. I'm sure most day or swing traders are losing their shirts these days.
let's see how the meeting goes. 30+12.6 billions were imposed already, april 2 is the next batch Doug Ford, Dominic LeBlanc to meet Trump administration officials over tariffs in Washington https://www.theglobeandmail.com/can...-to-meet-trump-administration-officials-over/ What is Canada's plan in response to U.S. tariffs? https://www.canada.ca/en/department...nance-policy/canadas-response-us-tariffs.html On March 4, 2025, the U.S. imposed tariffs of 25 per cent on Canadian exports, and 10 per cent on energy product exports from Canada. Canada has responded to the U.S. imposition of tariffs on Canadian goods by introducing a first set of countermeasures designed to compel the U.S. to remove the tariffs as soon as possible. Canada's countermeasures include: Imposing tariffs on $30 billion in goods imported from the U.S., effective March 4, 2025. Canada's countermeasures list includes products such as orange juice, peanut butter, wine, spirits, beer, coffee, appliances, apparel, footwear, motorcycles, cosmetics, and certain paper products. Canada will apply counter tariffs on additional imports from the U.S. on April 2 following the public comment period. On March 12, the U.S. imposed tariffs of 25 per cent on Canadian steel and aluminum products. Canada's countermeasures include: Following a dollar-for-dollar approach, Canada is imposing, as of 12:01 am, March 13, 2025, 25 per cent reciprocal tariffs on a list of steel products worth $12.6 billion and aluminum products worth $3 billion, as well as additional imported U.S. goods worth $14.2 billion, for a total of $29.8 billion. The list of additional products affected by counter tariffs includes tools, computers and servers, display monitors, sport equipment, and cast-iron products.
I'm sure in the past Trump Bump was mentioned more than a few times, so there shouldn't be any reason why we can't mention the Trump Dump ... now. "It" continues nonetheless.