Lumber futures open interest declined yesterday on a down day. OI has steadily increased on up days. New long positions on up days and long profit taking on down days?
Replying to @LumberTrading
Sounds plausible if there are trend followers in the market (e.g. the many "alternative markets" CTAs launched by AHL, Aspect, Systematica, Florin Court, Gresham etc in the past 4-5 years, probably all trade lumber futs)
7:25 AM - 28 Apr 2021
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