The Market Ear has the internals. Lots of stock bears cleaned out. And bulls on DXY. Look out!
Chasers have been busy
The huge US equity net short is gone, but we are far from a meaningful net long. Noteworthy is the fact skew has caught some bids lately as people have closed out shorts. The increase in skew suggests people are switching into hedging the downside via puts, instead of running those delta 1 shorts.