Q: $CT Over 24 hours, open interest rose 19.9% and the price increased by 0.31%. What does that indicate?
A: Positions are building, but the price hasn’t reacted. Both bulls and bears are adding to their positions. The longer the standoff lasts, the bigger the eventual move tends to be—but its direction can’t be predicted.
Just a record of market activity. Make your own trading decisions.
A: Positions are building, but the price hasn’t reacted. Both bulls and bears are adding to their positions. The longer the standoff lasts, the bigger the eventual move tends to be—but its direction can’t be predicted.
Just a record of market activity. Make your own trading decisions.