Strong Horizontal/Horizontal-Intersection Radar
For data like this, first see who is forced out.
$GRASS short positions cluster and exit. What can be confirmed is that squeezing is occurring; it can’t be directly written as a trend beginning.
$QNT when both longs and shorts get swept at the same time, the first leg looks more like a de-leveraging/liquidity shakeout, and the direction needs to wait for trading to regroup and re-queue.
$BTW 15m Short covering is clearly higher than long covering; leveraged short positions are being forced to buy back.
This group’s speed may be fast, but whether it can stay depends on the subsequent trading volume/transactions after the pullback.
For data like this, first see who is forced out.
$GRASS short positions cluster and exit. What can be confirmed is that squeezing is occurring; it can’t be directly written as a trend beginning.
$QNT when both longs and shorts get swept at the same time, the first leg looks more like a de-leveraging/liquidity shakeout, and the direction needs to wait for trading to regroup and re-queue.
$BTW 15m Short covering is clearly higher than long covering; leveraged short positions are being forced to buy back.
This group’s speed may be fast, but whether it can stay depends on the subsequent trading volume/transactions after the pullback.
