Open interest rose 9.14% over $ICNT 1 hours, reaching $4.5 million, while the price gained 5.09%.
Another wave of traders has crowded into the futures arena. It’s like a mall on the weekend—the more crowded it gets, the easier it is to step on someone’s toes.
Rising open interest and prices: new longs are actively entering the market. Check in in the comments: did you miss the move, or are you left holding the bag?
This take may not be right. Please manage your own risk.
Another wave of traders has crowded into the futures arena. It’s like a mall on the weekend—the more crowded it gets, the easier it is to step on someone’s toes.
Rising open interest and prices: new longs are actively entering the market. Check in in the comments: did you miss the move, or are you left holding the bag?
This take may not be right. Please manage your own risk.
