I just noticed that open interest was up 5.27% over $Q 1 hours, so I made a note of it.
Rising prices with rising open interest usually mean the longs are taking the initiative; falling prices with rising open interest usually mean the shorts are taking the initiative. When prices are flat but open interest rises, it often means something big is brewing.
Rising prices with rising open interest usually mean the longs are taking the initiative; falling prices with rising open interest usually mean the shorts are taking the initiative. When prices are flat but open interest rises, it often means something big is brewing.
