$CT 15-minute open interest rose 4.91%, while the price increased 4.54%.
When open interest is concentrated around a certain price level, that area often becomes the focus of the fiercest buying and selling.
Looking at the chart, the previous low and key moving averages are more worth watching than this short-term price move.
Don’t use this as a basis for trading.
When open interest is concentrated around a certain price level, that area often becomes the focus of the fiercest buying and selling.
Looking at the chart, the previous low and key moving averages are more worth watching than this short-term price move.
Don’t use this as a basis for trading.