Using data from Quandl we can view the FINRA short interst for SPY as a contrarian indication of market sentiment.
When the 20 day average is at an extreme low it can signal a market peak. And when the 20 day average is an extreme high it can indicate a market low.
As always your comments, insights and thoughts are appreciated! Best of luck!
When the 20 day average is at an extreme low it can signal a market peak. And when the 20 day average is an extreme high it can indicate a market low.
As always your comments, insights and thoughts are appreciated! Best of luck!