After yesterday's price action, I have little doubt there is a short squeeze on. Some very clever people took looked at the odds of a Labor victory last 2 weeks and put some huge short bets on. They are completely wrong and they know it.
You will find the shorts will try a morning push down whenever volume is light to control the SP while they get out. I don't think that will work for next few days as recent highs will bring on plenty of traders.
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