Post Doldrum Range

Interesting to note that the range for the afternoon session has not broken out of the range established during the doldrums. I define the doldrums as that period between 9 am to 10:20 Cali time (12-1:20 Eastern). I have a solid standard with the 50-100 tick range at the start of the day; however, it is worth taking time this weekend to study historical doldrum range data to see if there may be something to waiting for breakouts of that range before entering afternoon trades. I will take a look and report back next week.