$ERA 1-hour open interest increased by 10.82%, while the price rose by 5.82%.
Leveraged funds can flow in quickly, but they often pull out just as fast. A rally driven by rising open interest may not last.
Technically, this move needs to be assessed alongside the daily chart structure, as short-term anomalies are often reversed.
Volatility is high, so size your positions accordingly.
Leveraged funds can flow in quickly, but they often pull out just as fast. A rally driven by rising open interest may not last.
Technically, this move needs to be assessed alongside the daily chart structure, as short-term anomalies are often reversed.
Volatility is high, so size your positions accordingly.