The market-watching mini-drama begins: $RSR 15-minute contract open interest rose 104.84%, with its value at approximately $5.03 million; prices rose 42.75% over the same period.
Open interest changed, but my position is still zero—I’m just an off-exchange spectator.
A quick educational note: rising open interest means new positions have entered the market; falling open interest means positions have been closed, either voluntarily or through liquidation.
Don’t disrupt your usual approach based on a single indicator, and never gamble on a particular reading with borrowed money.
#RSR
Open interest changed, but my position is still zero—I’m just an off-exchange spectator.
A quick educational note: rising open interest means new positions have entered the market; falling open interest means positions have been closed, either voluntarily or through liquidation.
Don’t disrupt your usual approach based on a single indicator, and never gamble on a particular reading with borrowed money.
#RSR