According to CNN Finance the short position on equities in the US is 2.3% of total equities, a record high. If the market goes higher you'd expect massive covering unless they have nerves of steel (or brains of bran). Therefore we could have a 300-500 point up day on the Dow before this finishes.
engulfing candle . . get your puts in, page-4
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Last
$28.59 |
Change
0.250(0.88%) |
Mkt cap ! $98.99B | |||
| Open | High | Low | Value | Volume |
| $28.50 | $28.59 | $28.40 | $135.0M | 4.737M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2803 | $28.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.59 | 39118 | 3 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WBC (ASX) Chart |