Variety of merchants net-short has elevated by 12.31% from final week. SYMBOL
Variety of merchants net-short has elevated by 12.31% from final week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
FTSE 100 |
BULLISH |
49.98% |
50.02% |
-11.61%
10.37% |
34.52%
12.31% |
6.69%
11.34% |
FTSE 100: Retail dealer knowledge reveals 49.98% of merchants are net-long with the ratio of merchants quick to lengthy at 1.00 to 1. In actual fact, merchants have remained net-short since Dec 14 when FTSE 100 traded close to 6,515.80, worth has moved 1.35% decrease since then. The variety of merchants net-long is 11.61% decrease than yesterday and 10.37% increased from final week, whereas the variety of merchants net-short is 34.52% increased than yesterday and 12.31% increased from final week.
We sometimes take a contrarian view to crowd sentiment, and the actual fact merchants are net-short suggests FTSE 100 costs could proceed to rise.
Our knowledge reveals merchants are actually net-short FTSE 100 for the primary time since Dec 14, 2020 06:00 GMT when FTSE 100 traded close to 6,515.80. Merchants are additional net-short than yesterday and final week, and the mixture of present sentiment and up to date adjustments provides us a stronger FTSE 100-bullish contrarian buying and selling bias.