Replies to post #224 on S&P 500 price levels to trade

[rimshot]

SPY short sellers are at $68 Billion in size as of last week
- the largest size since January 2016,
according to WSJ citing S3 Partners, an analytics firm

up from $41.7 billion at the beginning of 2020
and $41.2 billion a year ago

https://www.wsj.com/articles/bets-against-the-stock-market-rise-to-highest-level-in-years-11587288601?mod=article_inline&adobe_mc=MCMID%3D34665667780576725229064433633526844435%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1587350953

[rimshot]

AAII bears have been greater than bulls for 8 straight weeks, which is tied for the longest streak since 2009

weekly chart showing AAII % bulls and % bears
and
% bulls divided by % bears

AAII data is updated weekly

https://c.stockcharts.com/c-sc/sc?s=%24SPX&p=W&yr=5&mn=9&dy=0&i=p00959062636&a=340963753&r=1579559136564

Sentiment data is provided courtesy of the American Association of Individual Investors (www.aaii.com).
Polling is conducted
on the AAII web site with a Wednesday cutoff
and Thursday release.

[rimshot]

SPY daily with $VIX at the bottom of the chart
with the $VIX 63,1 Bollinger Band & 200-day EMA -

http://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=1&mn=2&dy=0&i=p33176836928&a=663833113&r=1596344802363

VIX, which closed at 24.46 on July 31, "has been trading above its historic average
for 111 trading days, with 117 trading days
representing the longest trade above its mean since January 11 of 2012,
according to Dow Jones Market Data."