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?
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!