- Prices up and OI down => short sellers are covering their positions Money is therefore leaving the marketplace and is considered bearish.
- price up
- price flat and OI up => trend reversal
- price flat
- Price down and OI up => new money is coming into the market, showing aggressive new short selling. This scenario will prove out a continuation of a downtrend and a bearish condition
- Prices down and OI down => the price decline is being caused by disgruntled long position holders being forced to liquidate their positions
Price | Volume | Open Interest | Interpretation |
| Rising | Rising | Rising | Market is Strong |
| Rising | Falling | Falling | Market is Weakening |
| Falling | Rising | Rising | Market is Weak |
| Falling | Falling | Falling | Market is Strengthening |
PERSONAL ADD: the divergence between VOLUME and OI it's a factor that you have to take into account see the picture here
