A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
Track more important stats on the WTL Midland (Argus) vs. WTI Trade Month Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For WTL Midland (Argus) vs. WTI Trade Month Futures this number is 480.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for WTL Midland (Argus) vs. WTI Trade Month Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for WTL Midland (Argus) vs. WTI Trade Month Futures. Today its technical rating is neutral, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of WTL Midland (Argus) vs. WTI Trade Month Futures technicals for a more comprehensive analysis.