Calling it here—let me clarify something that often gets overlooked in futures trading.

Volume data for index futures? Honestly, it's just noise half the time. Don't treat it the same way you'd read volume on individual equity positions. These aren't the same animal.

Here's the thing: indexes are composites of hundreds of underlying assets. The mechanics work differently. When you're trading index futures, you're essentially dealing with a derivative of derivatives. The price action flows through multiple layers. Volume signals that scream loud on single stocks? They lose their predictive power at the index level.

Your standard playbook breaks down. Different rules apply. You either adapt your approach or you'll keep looking for patterns that aren't there.

Feel free to push back on this—but the data tells the story.