Variety of merchants net-short has decreased by 15.04% from final week. SYMBOL
Variety of merchants net-short has decreased by 15.04% from final week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
BEARISH |
50.84% |
49.16% |
-3.00%
6.36% |
-16.84%
-15.04% |
-10.34%
-5.36% |
France 40: Retail dealer knowledge reveals 50.84% of merchants are net-long with the ratio of merchants lengthy to brief at 1.03 to 1. Actually, merchants have remained net-long since Mar 24 when France 40 traded close to 4,193.70, value has moved 0.57% greater since then. The variety of merchants net-long is 3.00% decrease than yesterday and 6.36% greater from final week, whereas the variety of merchants net-short is 16.84% decrease than yesterday and 15.04% decrease from final week.
We sometimes take a contrarian view to crowd sentiment, and the actual fact merchants are net-long suggests France 40 costs might proceed to fall.
Our knowledge reveals merchants at the moment are net-long France 40 for the primary time since Mar 24, 2020 09:00 GMT when France 40 traded close to 4,193.70. Merchants are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date adjustments offers us a stronger France 40-bearish contrarian buying and selling bias.