$TREE Over 15 minutes, open interest increased by 10.63%, while the price rose by 29.9%.
Open interest is concentrated around a certain price level, which is usually where bulls and bears clash most intensely.
After an unusual move, the market usually enters a period of consolidation. The consolidation pattern determines which direction the next move takes.
Open interest is concentrated around a certain price level, which is usually where bulls and bears clash most intensely.
After an unusual move, the market usually enters a period of consolidation. The consolidation pattern determines which direction the next move takes.