Today's little market-watching discovery: $Q 24-hour futures open interest fell 41.81%, while the price rose 12.41%—a classic case of open interest declining as the price rises.
It seems the bears are retreating one by one; as they let go of the rope, the price slides upward. It looks like the bulls are strong, but really, the other side just let go—pretty much how I managed to win at arm wrestling last time.
Compare in the comments: who's been watching the charts the longest?
#Q
Not financial advice; make your own decisions.
It seems the bears are retreating one by one; as they let go of the rope, the price slides upward. It looks like the bulls are strong, but really, the other side just let go—pretty much how I managed to win at arm wrestling last time.
Compare in the comments: who's been watching the charts the longest?
#Q
Not financial advice; make your own decisions.