i thought this was very interesting. my chart is a picture of the red which represents todays range and the yellow which represents the 22 day average true range.. notice that in the last 30 days the average true range has just taken a nose dive and of course all of us have sat through these very slow days. its like the market wakes up for 45 minutes, makes a move and goes back to sleep. this is summer trading. my study is based on the es emini non adjusted continuous contract.