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28-05-2023, 10:50 AM
This ceiling debt crisis is a bear trap set up by the govt reps to enrich themselves thru creation of fear.
They oredi pumped billions into the market prior to the crisis talk. It's a govt sponsored pump-and-dump.
TTM.financial:
" Market participants have added $21 billion in new long positions on the S&P 500 futures, Citi’s data showed, even as the Washington debt-ceiling talks dragged on. The weekly flow of new longs was one of the largest seen in recent years, it added."
“The momentum is clear, and positioning is increasingly one-sided. Longs outnumber shorts by more than 9 to 1,” said Citi strategists led by Chris Montagu. “The few remaining shorts are all in loss, but a short squeeze is not likely to significantly impact markets.”
They oredi pumped billions into the market prior to the crisis talk. It's a govt sponsored pump-and-dump.
TTM.financial:
" Market participants have added $21 billion in new long positions on the S&P 500 futures, Citi’s data showed, even as the Washington debt-ceiling talks dragged on. The weekly flow of new longs was one of the largest seen in recent years, it added."
“The momentum is clear, and positioning is increasingly one-sided. Longs outnumber shorts by more than 9 to 1,” said Citi strategists led by Chris Montagu. “The few remaining shorts are all in loss, but a short squeeze is not likely to significantly impact markets.”
