Variety of merchants net-short has elevated by 3.43% from final week. SYMBOL
Variety of merchants net-short has elevated by 3.43% from final week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
FTSE 100 |
BEARISH |
50.05% |
49.95% |
27.36%
5.58% |
-8.51%
3.43% |
6.50%
4.49% |
FTSE 100: Retail dealer information exhibits 50.05% of merchants are net-long with the ratio of merchants lengthy to brief at 1.00 to 1. In reality, merchants have remained net-long since Jan 04 when FTSE 100 traded close to 6,550.30, value has moved 3.92% increased since then. The variety of merchants net-long is 27.36% increased than yesterday and 5.58% increased from final week, whereas the variety of merchants net-short is 8.51% decrease than yesterday and three.43% increased from final week.
We usually take a contrarian view to crowd sentiment, and the actual fact merchants are net-long suggests FTSE 100 costs could proceed to fall.
Our information exhibits merchants are actually net-long FTSE 100 for the primary time since Jan 04, 2021 13:00 GMT when FTSE 100 traded close to 6,550.30. Merchants are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date modifications provides us a stronger FTSE 100-bearish contrarian buying and selling bias.