$OP 15-minute open interest rose 13.97%, while the price fell 0.36%.
Changes in open interest indicate money flowing into or out of contracts. To tell whether positions are being opened or closed, and whether they’re long or short, you need to consider the price direction.
A valid breakout is often accompanied by increased volume, while a false breakout often isn’t. This is a filter I pay close attention to.
#OP
Changes in open interest indicate money flowing into or out of contracts. To tell whether positions are being opened or closed, and whether they’re long or short, you need to consider the price direction.
A valid breakout is often accompanied by increased volume, while a false breakout often isn’t. This is a filter I pay close attention to.
#OP