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Elevated Short Selling Points To Year-End Rally

Source: seekingalpha.com

Market Technicals & FlowsInvestor Sentiment & Positioning
Elevated Short Selling Points To Year-End Rally

Surging investor buying in ProShares 1X short funds is interpreted as a signal of a likely equity rally. The new high/new low index points to a short-term oversold condition rather than the start of a major correction.

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