For those watching fund flows, $WLD : This daily MACD golden cross (above the zero line) can be assessed alongside two other indicators:
Futures open interest: If open interest rises along with the golden cross, it may indicate new long positions entering. If open interest falls, the rise is more likely driven by shorts closing.
Funding rate: A rapid rise in the funding rate suggests long positions are getting crowded, so watch out for a sudden move in the opposite direction.
Do you trust the data more, or the news?
#WLD
Just take a look—don't follow this blindly. Make your own judgment.
Futures open interest: If open interest rises along with the golden cross, it may indicate new long positions entering. If open interest falls, the rise is more likely driven by shorts closing.
Funding rate: A rapid rise in the funding rate suggests long positions are getting crowded, so watch out for a sudden move in the opposite direction.
Do you trust the data more, or the news?
#WLD
Just take a look—don't follow this blindly. Make your own judgment.