Anyone looking to get short might want to think again
The current environment shows that short sellers are getting more aggressive with their positions.
This may sound like a bad thing, but more often than not when longs or shorts get aggressive, the market goes against them.
Sometimes hard.
As it stands right now, I wouldn't want to be getting short into this:
(Source:
)https://twitter.com/agent_smithyyy/status/1278328586995404801/photo/1
- agent_smithyyy
We start moving up and they start covering.
I wouldn't be surprised if the are the fuel that gets us right back up near $10k in the coming week.