3 charts we are watching: Squeeze potential; really?

Short selling alert

Hedge fund cumulative short flows in US has shot up dramatically higher...almost largest in 6 months (93rd percentile vs. the past five years), as per GS prime brokerage data. JPM Position Intelligence team also notes that the level of shorts added in past 4 weeks is again getting elevated. Time for Miss Market to give short sellers a little un-friendly squeeze?