Variety of merchants net-short has decreased by 6.71% from final week. SYMBOL
Variety of merchants net-short has decreased by 6.71% from final week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
France 40 |
BEARISH |
50.72% |
49.28% |
7.02%
41.90% |
-1.87%
-6.71% |
2.45%
12.91% |
France 40: Retail dealer knowledge exhibits 50.72% of merchants are net-long with the ratio of merchants lengthy to brief at 1.03 to 1. In truth, merchants have remained net-long since Dec 10 when France 40 traded close to 5,546.20, worth has moved 0.35% decrease since then. The variety of merchants net-long is 7.02% increased than yesterday and 41.90% increased from final week, whereas the variety of merchants net-short is 1.87% decrease than yesterday and 6.71% decrease from final week.
We sometimes take a contrarian view to crowd sentiment, and the very fact merchants are net-long suggests France 40 costs might proceed to fall.
Our knowledge exhibits merchants at the moment are net-long France 40 for the primary time since Dec 10, 2020 13:00 GMT when France 40 traded close to 5,546.20. Merchants are additional net-long than yesterday and final week, and the mix of present sentiment and up to date modifications provides us a stronger France 40-bearish contrarian buying and selling bias.