Since soybeans are lock limit down today, I am now trading wheat, which is rebounding nicely from its lows near the open this morning, after trading slightly down on weak volume overnight. I suspect that many other day traders are doing likewise. Look at the rebound in this chart! Nice! Look at the Klinger Volume indicator on the right side of the lower panel. It has already turned, and, as a leading indicator, is suggesting that prices may fall yet again. However, following such a strong rise, I tend to discount this indicator unless it is confirmed by other indicators (like the Bollinger Moving Average). The Klinger Volume indicator works best as a leading indicator when trading in the direction of the dominant trend, and must therefore be confirmed by a momentum and/or trend indicator (moving averages, for example).