Just saw open interest increase by 8.41% over $MAGIC 1 hours and made a note.
A decline in open interest often means positions are being closed, while an increase means new money is coming in. The momentum afterward tends to differ in these two cases.
#MAGIC
A decline in open interest often means positions are being closed, while an increase means new money is coming in. The momentum afterward tends to differ in these two cases.
#MAGIC