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Disturbing Open Interest Pattern
Thu Nov6 8am(NY) - by Anatoly Veltman - Chief Global Analyst - A quick note on recent Open Interest (O.I.): continued stagnation across commodity and treasury futures. This doesn't bode well for current bounces in metals, NatGas, treasuries. The only bright spots are improving O.I. in Crude and Platinum. Lastly: SP/EP O.I. jumps mainly on down-days, also near-term bearish indicator . . . (to read the remainder of this article, please log in below.)
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