What does $TRUMP ’s position data reveal? Positions are up 27.57% over 24 hours, while the price is down 15.57%. Open interest is around $38.99 million.
My take: it looks like bears opened positions as the price fell, so the pressure may not have eased just yet. But if the price bottoms out and rebounds, these short positions could help drive the rally.
Do you trade futures?
My take: it looks like bears opened positions as the price fell, so the pressure may not have eased just yet. But if the price bottoms out and rebounds, these short positions could help drive the rally.
Do you trade futures?
