I recently loaded a Grafmatic and don't recall if it's normal for the red dot indicator to be on, on the initial loading?

I set the dial to 1, pressed in the lever and pulled the cartridge out, pushed the dark slide in to release the septums, filled them with film, seated them in the cartridge, closed the slide and pushed the cartridge back into the Grafmatic.

The dial is still on 1 and the red dot indicator is on. Is that normal? It seems like it might be, but I'm not sure.

Thanks for any info!