I am absolutely certain that the SP will go up and the very shorts who have been suppressing the SP for years on end will contribute majorly to it. I was responding to Ig's question about L2 activity today, specifically.
I am seeing certain indications of HFT reversal, such as 100 block shares largely pushing the SP up instead of down, but I also see that the large blocks at pre-arranged prices are mostly sells. But unless we see this HFT trend continue for a few days, it would be hard to say whether the short entities have changed course. I am sure they will (or might already have) very soon though, seeing as there isn't much room to go lower and because the positive catalysts are coming.
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