$MAGIC Open interest rose 11.23% in 15 minutes, with total open interest at $4.91 million and price up 5.27%.
A new wave of traders has crowded into the futures arena. It’s like a packed mall on the weekend—when it gets this crowded, someone’s bound to get stepped on.
Rising open interest and price: new longs are actively entering the market. Tell us in the comments: what’s the craziest candlestick you’ve ever seen?

Don’t treat any of this as a basis for trading.