An intraday anomaly to watch: $ICNT 15-minute open interest increased by 3.19%, currently at approximately $7.96 million; the price rose by 2.42% over the same period.
Open interest is only useful when viewed alongside price; changes in open interest alone don’t indicate direction.
#ICNT
Open interest is only useful when viewed alongside price; changes in open interest alone don’t indicate direction.
#ICNT