HKMEX Open Interest Plunges While Prices/Volume Soar

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#1 Sat, Jul 30, 2011 - 6:05pm
Silver_Watchdog
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HKMEX Open Interest Plunges While Prices/Volume Soar

HKMEX Open Interest Plunges While Prices/Volume Soar. Your thoughts? 

Edited by: Silver_Watchdog on Nov 8, 2014 - 5:09am
Sat, Jul 30, 2011 - 6:12pm
bobby
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my thoughts?

not an expert, but if the buyers have leaned back and folded their arms while the price goes up :

1) They are positioned and will sell when price meets perceived value.

OR

2) They intend to drive price to perceived value, and test higher levels while doing so.

OR

3) They are short and will run the stops when the signal is given.

Sun, Jul 31, 2011 - 3:01pm
silverbleve
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.

4) strong hands and commercial users planning on taking delivery perhaps?

Mon, Aug 1, 2011 - 2:28am
Silver_Watchdog
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Nobody knows how it's going

Nobody knows how it's going to end. Below we see the same action take place at SHFE.

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