If I’m a short trader, NO, I would not stay, dumb money is playing dumb thinking there is more uptrend, SM are swimming around like SHARKS ready to entice the DUMB. The Ratio has went from 1.85% before the uptrend and now is at 3.28%. The higher represents overbought. The trend is up and down, it’s been creating lots of contractions. It does not mean uptrend may be over but greed kills.
Now for long traders, you are in perfect conditions.