$ERA 15-minute open interest increased by 4.04%, while the price rose 1.09%.
Unusual changes in open interest suggest that traders are placing bets in the futures market. Whether spot buyers follow through determines how stable the move is.
After such a move, the market usually enters a period of consolidation. The pattern that forms will determine which way it goes next.
#ERA
There may be considerable volatility, so manage your positions carefully.
Unusual changes in open interest suggest that traders are placing bets in the futures market. Whether spot buyers follow through determines how stable the move is.
After such a move, the market usually enters a period of consolidation. The pattern that forms will determine which way it goes next.
#ERA
There may be considerable volatility, so manage your positions carefully.