Number of traders net-short has decreased by 13.71% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS C
Number of traders net-short has decreased by 13.71% from last week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
FTSE 100 |
BEARISH |
51.64% |
48.36% |
27.79%
48.02% |
17.32%
-13.71% |
22.50%
9.97% |
FTSE 100: Retail trader data shows 51.64% of traders are net-long with the ratio of traders long to short at 1.07 to 1. In fact, traders have remained net-long since Apr 27 when FTSE 100 traded near 7,459.00, price has moved 2.54% lower since then. The number of traders net-long is 27.79% higher than yesterday and 48.02% higher from last week, while the number of traders net-short is 17.32% higher than yesterday and 13.71% lower from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests FTSE 100 prices may continue to fall.
Our data shows traders are now net-long FTSE 100 for the first time since Apr 27, 2022 when FTSE 100 traded near 7,459.00. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
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