A lot of money flows are hidden in trading activity:
$POWR contract positions rose 196.88% in 24 hours, while the price remained basically flat, with $3.45 million in open interest still on the books.
Positions on both the long and short sides are growing (there's no way to tell who's adding), yet the price is holding steady. This kind of standoff often ends in a sharp move, but the direction is hard to predict.
#POWR
Markets involve risk. Enter with caution.
$POWR contract positions rose 196.88% in 24 hours, while the price remained basically flat, with $3.45 million in open interest still on the books.
Positions on both the long and short sides are growing (there's no way to tell who's adding), yet the price is holding steady. This kind of standoff often ends in a sharp move, but the direction is hard to predict.
#POWR
Markets involve risk. Enter with caution.
