Aug. 20 at 5:54 PM
$SPIR Speculators have built the largest short small cap stock futures position in AT LEAST the last decade. GROK What happens next???
“Historically, extreme net short positions in Russell 2000 futures via CFTC COT data have often signaled potential reversals, acting as contrarian indicators at market bottoms. Past instances, like dips in 2018 and 2022, preceded rallies as shorts covered. That said, markets can remain weak if fundamentals deteriorate further. Outcomes depend on broader economic conditions. Not investment advice.”