Watch futures flows | $AKE
Futures positions are piling up (open interest up 19.35% in 24 hours), while the price is moving lower.
Open interest currently stands at $8.86 million. As positions continue to pile up, another move lower could trigger stop-losses on long positions and amplify the decline; if prices rebound, forced buybacks could amplify the rally.
Futures positions are piling up (open interest up 19.35% in 24 hours), while the price is moving lower.
Open interest currently stands at $8.86 million. As positions continue to pile up, another move lower could trigger stop-losses on long positions and amplify the decline; if prices rebound, forced buybacks could amplify the rally.