SEA's total short position seems to be building, so could be some time before we are moving higher again. I will say though with the reserves update only around the corner it may catch a few of these traders of guard creating a short sell covering which may add further to the rally. I'm expecting stellar reserves upgrades!
Total out standing shorts as of the 10/3/14 -
And on the 13/3/14 total shorts for the day were ~850,000, will be interesting to see the report for this week on Monday.
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