Episode Details
Back to EpisodesOpen Interest Falls 12% in 24 Hours: The Market Is Shedding Leverage
Episode 210
Published 2 months, 3 weeks ago
Description
The price decline is accompanied by a sustained reduction in open interest and a weakening pressure index. At this point, it looks more like positions are being closed and excess leverage is being flushed out than a structural move lower. But buying momentum has weakened noticeably.