The current long-short margin position ratio at 7am (uct +7) is 80.02, which means the ratio of the total number of long $SAGA is 80.02 times the total number of shorts?🧐 Anyone understand this?
According to this position ratio data, at 6:00 p.m. on April 11, the ratio was at 110.37, meaning that a large number of#Sagalong accounts have disappeared.
The theory is that if this ratio is very positive, it signals that an uptrend is coming, but the account is scanned a lot 🥴. Or now we should understand that this index warns that the larger the positive, the more careful you should be, there will be a brutal long sweep, and the larger the negative, the shorter the sweep.
Therefore, if this ratio is around 30-40 then go long, -20 - -e0 then short. If the index is a little above average, the fluctuations will be more predictable. 🧐 Right??
PS; The update is that according to me, I find out the long-short ratio = % long account/% short account (% long account + % short account = 100%) :D. So the l-s position ratio at 80 means that 98.8% of margin accounts are long and only 1.2% of accounts are short.
