$HEMI This rebound is a red carpet laid by the shorts—whoever goes long gets carried away. The active long/short ratio has fallen below 1; the buy orders are down to just a little over 40%. Sell orders are pressing down on buys, dropping them nearly 30%. Open interest shrank by almost half a percent over seven hours. Fees are so thin they’re nearly zero. The longs have neither ammunition nor fuel. On the daily chart there’s one long red candle; in the past 24 hours the price is down more than 10%. The price is flung well below the short moving average by over 30%. Going long is essentially standing guard—I only follow the sellers.