$ERA 15-minute open interest increased 4.35%, while the price rose 2.33%.
Funds flow into contracts quickly, and usually exit just as quickly. The sustainability of a rally driven by rising open interest is questionable.
Technically, this move needs to be considered alongside the daily chart structure; short-term anomalies can easily be reversed.
#ERA
Funds flow into contracts quickly, and usually exit just as quickly. The sustainability of a rally driven by rising open interest is questionable.
Technically, this move needs to be considered alongside the daily chart structure; short-term anomalies can easily be reversed.
#ERA