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Is outlook data relevant?

lodblpb (lodblpb)
Nov 20 2016 at 07:57
4 posts
I have marked strange spikes at open interest indicator on the image attached
Strange thing is that positions volume decreases sharply and then recovers fast and this change is sometimes relatively very big
The first indicator is open interest, the second one is volumes.
The data is from community outlook and seems that the numbers are correct and match with those on the site
Could anybody explain this strange thing?

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lodblpb (lodblpb)
Nov 22 2016 at 11:18
4 posts
So nobody uses this data for serious things?

AmDiab
Jun 18 2017 at 10:15
718 posts
Whatever, technical tool it is, you can’t rely on only one or two trading indicator! You need clear knowledge on market context with enough news trading experience!

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