Good chart, although no fundamentals backing as there is no reason for those holding to sell.
AlanSantana
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@poister198, Agreed... But those holding follow the market and not the other way around.
goatrades
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Why short while SPX has been in a uptrend since March?
Bears have been getting demolished and righly so.
Just doesn't make much sense, might probably be what's fueling the short at the moment.