7/21 Recap. The Market Is Squeezing The Bears

Today’s chart of the day goes back to one I’ve posted a few times recently, short positioning has been off the charts the last few weeks and this squeeze is just not that surprising. It doesn’t mean we’re out of the woods, it doesn’t mean the recession is over, it just means the market finds a way to punish the most amount of people as possible. The QQQ…