Night Owl Report: $AKE 24-hour contract open interest -12.11%, price +41.32%—a classic case of open interest falling while price rises.
Looks like the bears all let go at once, and the rope slid toward the bulls, sending the price up. At first glance, it looks like the bulls won, but really the other side just let go—pretty much like how I won our last arm-wrestling match.
Are you the type to get hyped up by the news, or the type to wait and see what the candlesticks say?
#AKE
Looks like the bears all let go at once, and the rope slid toward the bulls, sending the price up. At first glance, it looks like the bulls won, but really the other side just let go—pretty much like how I won our last arm-wrestling match.
Are you the type to get hyped up by the news, or the type to wait and see what the candlesticks say?
#AKE