NYSE total Short Interest (SI) as of Nov 30 reporting

NYSE total Short Interest (SI) vs $SPX

NYSE SI and SPX Correlation = -63%

super high inverse correlation.

at extremes, it became one of the best contrarian indicators

All shorts, including monkeys/dogs capitulated. 🐂 pic.twitter.com/Upujo2bfwL

— Kerberos007 (@kerberos007) December 13, 2020