Just a quick note: a friend asked me how to use the long/short ratio. Here's an example using $IDOL :
The platform-wide account long/short ratio is 1.26, meaning 55.8% are long and 44.2% are short.
A ratio above 1 means more traders are long, while a ratio below 1 means a higher proportion are short. But remember: the more extreme the figure, the more alert you should be to moves in the opposite direction.
#IDOL
The platform-wide account long/short ratio is 1.26, meaning 55.8% are long and 44.2% are short.
A ratio above 1 means more traders are long, while a ratio below 1 means a higher proportion are short. But remember: the more extreme the figure, the more alert you should be to moves in the opposite direction.
#IDOL