General Discussion, page-3056

Hi @camban ... Still rising "shorting" into the 29th of Dec.'22 Low doesn't surprise me. Given 'Shortman's' data is always 4/5 Trading days behind its the next 5 day's open short positions that will reveal whether there has been any 'short' covering going on. We have had 5 consecutive (including today) days of slightly higher highs in our SP since that 29th of Dec.'22 low and Shortman's latest revealed shorting data day that is available.

HOWEVER, the SP rise out of that low has been on very low vols ... Could be just because of the normal slow participation uptake of the post Christmas hols OR not much short covering yet at all?

LLL's Daily chart still favours 'selling into rallies' at this stage but there are some S/T suggestions that momentum, or a trend change, might be swinging (see chart below) to the upside. However, we need volume increase with any further SP increase ... on the back of NEWS ... to confirm!