Although the current long-short ratio data shows that long positions far outnumber short positions, this data is very confusing!
The real situation is that there are many bullish forces resisting orders. As long as their orders are uneven or blown up, the data will always show that they are going long, but this kind of long data is meaningless!
But the short selling data is more real!
Therefore, the decline will not stop unless we eliminate all the large investors who are resisting orders!
After all, the pie hasn’t even been inserted yet!