#HedgeFunds added more shorts in $SPX futures -- 217.8k contracts highest since Feb '16. 3 weeks ago, they were net long 12.7k. Tally is as of Tue. Cash up 1% since -- also pokes head out of 2850 resistance and 50DMA. Probably not enough for short squeeze but bulls are eyeing one https://t.co/PcdeEgsPCT