I posted a few months back stating 81% of retail traders were short already on the SP500 and even though it looked like a decent time to go short, it's a good practice to not follow the crowd when you're investing. Fast forward to now and they have either liquidated their positions, incurred large amounts of swap fees or are close to being margin called by their brokers. Aren't you glad you take investment advice from a stranger on the internet? :P
Looking at the SP500 now I think shorts are definitely plausible and we should be keeping a keen eye on setup opportunities.
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