Trading dies down - I wait

Note in the blue rectangle that the Bollinger Squeeze indicator has manifested to me that trading volatility has fallen too low to trade. Even the tick chart has become erratic and risky to place new trades. I must now wait until volatility rises again.

I will look for trading opportunities in other financial instruments. Treasuries and gold are the best choices for me. At about 12:00 pm EST, it is typical for trading volumes to taper off and volatility to drop. This is true of grains, but is especially true of gold, since the European business day ends at 12:00 pm EST. This is fully expected, and activity will increase again about 1 hour before close of the session.

Time to take the dog out!