A current day's close near the edge of the bracket could be an alert to a breakout tomorrow. BUT the commercial analysis can modify that. Similarly for the lower limit and the low for the day. Similarly for the low near the center of the bracket and capping there suggesting value has shifted above the center of the bracket. Homestudy Lessons 2,7-9 cover this topic.
Higher volume suggests continuation.
We use the total commodity volume . This is a sum over all current deliveries. This is an easier way to compute the 90 day averages, since most deliveries trade activeley for only 20-60 days. We provide tables for JUST the total LDB commodity volumes. Click for Free Total LDB Volume Averages Table Click for Background on Free LDB Volume Averages Table 9.