They really can’t sit still anymore!
$S 24 hours are down 3.63%, while open interest is up 15.66%! Looks like bears are opening short positions.
But short positions are so crowded that if it rallies one day, the short-covering could be very sharp. Don’t go all in.
Which signal would you trust?
Just jotting down a thought—make your own decisions about buying and selling.
$S 24 hours are down 3.63%, while open interest is up 15.66%! Looks like bears are opening short positions.
But short positions are so crowded that if it rallies one day, the short-covering could be very sharp. Don’t go all in.
Which signal would you trust?
Just jotting down a thought—make your own decisions about buying and selling.