New TA/Charting, page-9336

The short position holders are in a mess at the moment.
Basic economics of inflationary pressures globally will mean hard assets continue to rise,

That means bricks and mortar thats youre house (regardless of interest rate rises) plus real companies producing end value products are surging.

Hedge funds backing overall short positions once the cross trades are balanced at the end of the day are trying to say black is white, down is up, positive is negitive etc.

I suspect there is a heirachy at play in many of the glamour fundies offices, where everyone is trying to be the genius of making money by going short, which did happen in 2007 2011 era but only by a few visionary hedge fund operators.

Go the longs even more investors are coming out of the woodwork today and guess what ? they are not late to the party.