“90% of $37.5bn shorts in SPX and all of the $9.7bn shorts in NDX are in loss. For Nasdaq the average loss is 5% and this adds bullish pressure from current positioning,” the analysts said in a client note.
All Nasdaq shorts are in loss - Citi
Investing.com | Author Senad Karaahmetovic
Published Nov 14, 2023 08:32AM ET