Pivottrading.Net |
Interpreting Open Interest
Underlying Price | Open Interest | Inference |
---|---|---|
Increases | Increases | New Money flowing into the market. Bullish |
Increases | Decreases | Short Covering. Bearish |
Decreases | Increases | Short Selling. Bearish |
Decreases | Decreases | Downtrend will end. Bullish |