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No - it's the entire data set from friday going back to october of 01 just a screen shot as suntrader asked me to post 'proof'

https://www.statisticssolutions.com/free-resources/directory-of-statistical-analyses/pearsons-correlation-coefficient/#:~:text=High%20degree%3A%20If%20the%20coefficient,to%20be%20a%20small%20correlation. In no way? sigh.. That's ignorantl but carry on with your yellow dots.

The 'anything but' was a reply to the comment about being a random walk believer. If I inadvertently posted that to a comment of yours it was done in error.

I posted 20 years of data demonstrating that there is a correlation of .63 between daily volume and range for NQ. That is statistically significant in any statistics book. Do your own homework.

Anything but.

That's great.

So, yellow dots must trump math, I guess.

Yes, there's a relationship. And if you dig deeper you will find that premarket and early pit session volume also correlate to the entire day's range. For example, a stock that trades 5x it's normal volume in premarket for the same time frame is probably going to trade several multiples of...

Old as dirt.

Again, I'm not sure what the point of this would be? I'm interested in premarket volume (of more than one instrument) and the minutes as one variable in determining the day type.

I could care less about the relationship between today's volume and tomorrow's range. I'm interested in current volume to today's expected range. And, this is a starting point - you can look at ETF volume. You can look at futures volume. You can look at the relationships between various...

I've been trading since '93. Full time since '98, so I guess I've got a year or two on you.

I ran it for the entire data set that I had available. I'll go with the larger data set, thank you. I'm illustrating that there is a correlation between volume and range. It's one variable that goes into determining the likelihood of a given type of day. If you don't find it useful - don't...

So we can say that a correlation of .63 is somewhere between moderate and strong, fair? And, that's just looking at daily volume. So, I will repeat my initial observation. If you have something with a high degree of correlation to range and you're looking for continuation - that's one...

NQ has a correlation coefficient of .63 - that's considered a high degree over 20 years. .41 would be moderate, right?

That's a fair question. Volume is known in real time and if you start digging around with these stats you may come to recognize that volume in the first bit of the morning session is a good indicator of how the day will unfold in terms of range. Again, if you're looking for continuation or...

Watch a chart? Vince, I hate to break it to you but if you read my post- I'm referring to a mathematical relationship between two variables. I don't need to provide any examples of anything. This is readily availible for anybody to calculate. If you don't have excel you can do it in...

You'll have to explain to me how a serial correlation that anybody can easily calculate is nonsense. It's math? Your reply on the other hand, is an ignorant opinion.

Peter Brandt has a very impressive long term track record of actual trading. He is a true professional.

Volume is highly correlated to range. That's not an opinion but a mathematical fact. If you're trading a strategy that is relying on continuation - knowing whether or not there is heavy volume on a relative basis might just be useful information, in my opinion.