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| | {{Glossary|The total number of outstanding [[futures]] or [[option]]s contracts that have not been [[exercise]]d, [[expiry|expired]], or [[deliver]]ed at the end of the day.}} | | {{Glossary|The total number of outstanding [[futures]] or [[option]]s contracts that have not been [[exercise]]d, [[expiry|expired]], or [[deliver]]ed at the end of the day.}} |
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| - | ==Intepretation== | + | ==Interpretation== |
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| | In an uptrend when Open Interest increases this is considered to be [[bullish]]. Money is flowing into the market because [[long]] and [[short]] positions are being opened, so the [[trend]] is more likely to continue. | | In an uptrend when Open Interest increases this is considered to be [[bullish]]. Money is flowing into the market because [[long]] and [[short]] positions are being opened, so the [[trend]] is more likely to continue. |
Current revision
[edit] Interpretation
In an uptrend when Open Interest increases this is considered to be bullish. Money is flowing into the market because long and short positions are being opened, so the trend is more likely to continue.
The opposite is true in a downtrend, when it is bullish to see Open Interest decrease.
