FII AND OPs Go for the All In trade

This chart updated from the LSR and put out on social Media yesterday speaks for itself. Last month ET quoted me on the same, it reported that the reading was already near the highest historically and in August we spent all month in the same range. Now with that one breakout higher the readings are at an all time record. So it is interesting as to what follows next. Historically a high reading can mean a downtrend or a consolidation till positions unwind.