Number of traders net-short has increased by 31.95% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIFT
Number of traders net-short has increased by 31.95% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| FTSE 100 | BULLISH | 17.63% | 82.37% |
-33.67% Daily -40.39% Weekly |
19.70% Daily 31.95% Weekly |
4.83% Daily 8.70% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | -34% | 20% | 5% |
| Weekly | -40% | 32% | 9% |
FTSE 100: Retail trader data shows 17.63% of traders are net-long with the ratio of traders short to long at 4.67 to 1. Our data shows traders are now at their least net-long FTSE 100 since Apr 21 when FTSE 100 traded near 7,908.70. The number of traders net-long is 33.67% lower than yesterday and 40.39% lower from last week, while the number of traders net-short is 19.70% higher than yesterday and 31.95% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests FTSE 100 prices may continue to rise.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias.
element inside the
element. This is probably not what you meant to do!Load your application’s JavaScript bundle inside the element instead.
www.dailyfx.com