The SH is showing a very large (in context) one day increase in shorting. Take a peek at this chart. It's pretty Bullish for the market.
Massive Daily Shorting
Started by
OEXCHAOS
, Oct 17 2016 09:20 AM
6 replies to this topic
#1
OEXCHAOS
-
- Admin
- 22,015 posts
Mark S. Young
Posted 17 October 2016 - 09:20 AM
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
#2
redfoliage2
-
- Traders-Talk User
- 18,000 posts
Member
Posted 17 October 2016 - 09:28 AM
I see the recent correction is likely ending at this juncture...........
#3
lawdog
-
- Traders-Talk User
- 1,080 posts
Member
Posted 17 October 2016 - 09:31 AM
Mark, can you share where that chart comes from, or if not where one could obtain this data?
#4
OEXCHAOS
-
- Admin
- 22,015 posts
Mark S. Young
Posted 17 October 2016 - 10:37 AM
I run the raw data from Profunds.
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
#6
dasein
-
- Traders-Talk User
- 7,696 posts
Member
Posted 17 October 2016 - 11:50 AM
Mark - looks like they caught it pretty right last year in March and December?
best,
klh
klh
#7
OEXCHAOS
-
- Admin
- 22,015 posts
Mark S. Young
Posted 17 October 2016 - 02:15 PM
Mark - looks like they caught it pretty right last year in March and December?
Yup. $100MM is my daily threshold. The Buys work well, as you can see, though the sells are far trickier.
The 7- and 21-day cumulatives are useful too, but they're more contextual.
Mark
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
