Long unwinding refers to a situation where traders and investors start to sell their previously held long positions in financial assets such as stocks or futures contracts.
This action can lead to a decrease in:
Volume
Open interest
Price
Causes and Effects
Causes: Weakening confidence in the asset's further price appreciation.
Effects:
Traders: Capture profits accumulated during the asset's rise.
Market: Reduction in exposure to potential losses in a declining market.
Tools and Resources
Streak Scanner: Used to easily scan for contracts witnessing long unwinding.
Visit: scanners.dost.streak.tech
Search: Long unwinding
Select: Preferred scanner
Links: Check the description or comments for the scanner link.
Disclaimer
The information is for educational purposes only.
It should not be construed as trading or investment advice.