compare Feb, April June contracts' Open Interest in Gold for years 2018 2019 2020 + CFTC COT Open Interest
archive #2 Amazing work by Naldo! Open Interest vs. Volume: An Overview Volume and open interest are two key measurements that describe the liquidity and activity of contracts In the options and futures markets. However, their meanings and applications are different. Volume refers to the number of contracts traded in a given period, while open interest denotes...
Hi there, traders! So, resistance came quite around anticipated level, producing downward swings to upcoming fractal structures (represented by colored averages on 305 mins chart). First average (pink) couldn't manage to hold two succeeding attacks, letting price break past it, as well as nearby uptrend line. A clear weak attempt to test pushing price back above...
Hi there! Here a brief, complementary view on the topic covered in previous study (based on Bitfinex margin trades). (Red spikes in volume area are claim transactions. See previous study.) This time I'm not bringing any particular analysis up-front. Rather, I'd like to suggest a collaboration between us, interested traders. So, what do you infer from this...
Hey friends, On the chart you will see the boundaries where price will move untill December 13 What we can expect: 1- Price will stay in boundaries 2- If price will break any CME OI level, with 80% by the end of the expiration day it will pullback to them! Also stay in touch to get Daily and Weekly Levels, Soon i will add levels for 3 month and one month...
We look what the future is preparing for us. The global trend is down, we have not left a long descending channel. A rebound from the upper boundary of the channel. Inverted head- shoulders Bear divergence on open interest. Waiting for a consolidation test. preliminary target is an emerging uptrend. Only after that it will be clear whether the buyers have enough...
#Bitcoin mid-term prediction Trend is still re-setting from $14k pump. I'm using recent price action > old price action - therefore $6xxx levels are mostly ignored. CME price inefficiency in these levels adds confluence to this view. $5100s is the definitive bottom for me. Ton of confluence packed into one level: - Double monthly VWAP - Price inefficiency...
After a long break, I decided again to return to the topic of open interest and forecasts based on it. As follows from the classics, volumes of long/ short determine open interest, which drives the price. With large distortions - a lot of movement. one of the few leading (forward looking) methods is divergence. Most often they look at divergences between the price...
We can see accumulation of long positions in blue square ( sell stops being hunted for liquidity, price bouncing off a range and no new lows being made), than thrust of price upwards. Than pull back in which we are at the moment. OI : Falling interest rates of aud/cad in last day suggest that falling trend we are in is coming to an end. COT : Steady rise in...
For expiration September 20th we have a very large call wall at 300 in $SPY and 3000 SPX. We're shorting here with a stop just above. Considering FOMC next week as well we think its a good place to sell some upside premium or scalp some shorts down to 297.5/295 support. Because the market is long a long of gamma we don't see a large selloff materializing before the FOMC.
No idea which direction comes after the Fed today but based on the options market it appears that any negative news will be met with strong selling by options dealers and could make a large move down possible. Good news could see a decent rally, but there is resistance forming at 2950 and larger resistance at 3000. In other words it appears that a chance of a move...
Markets had to hold 2920 to break the volatility cycle from last week. Under that level market makers will amplify and selloff. The fact that the market buyers couldnt overcome just a bit of dealer selling isn't great. FOMC minutes Wednesday and Jackson Hold starting Friday.
TTH has been waiting for a strong rise in a third of third fashion in the Elliott wave principles . Here came this rise, confirming our previous wave count. If correct, we are in the midst of a sustained rise with more up/down sequences to come before the wave is completed, i.e show an advance of 5 waves. As for a longer view, we need higher levels to claim a...
The shorts and big buyers both wish for a drop in the price of bitcoin. Shorts want to win their battle in the futures market, all the futures in crypto market now are just gambling in the price which is easy to be manipulated. They have enough power and motivation to dump the price. While big buyers want to buy more cheap bitcoins, the more the better. Open...
Noticed that Dec 21, $10 calls have an open interest of over 90k! Last time I saw that much option at one price point was at the end of October for $10.50 puts, and look how that turned out. Someone out there feels pretty confident, and at $0.02 it is cheap enough for me to follow the crowd again.
Next day after 200 MA breakdown Price Down Volume Up Open Interest UP = new shorts enetring mkt?
OI going up with price, since it touched its overall minimum, lower than Jan 2016
2018/09/11 It seems that MM are getting into shorts heavily, while still at their maximum in terms of total contracts. So they are not exactly exiting gold for better opportunities. But they are a fast reacting category, so I see this as an opportunistic position of them, that might change rapidly. To watch