Number of traders net-short has decreased by 8.72% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIFTS
Number of traders net-short has decreased by 8.72% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| FTSE 100 | BEARISH | 50.54% | 49.46% |
23.19% Daily 19.65% Weekly |
-9.00% Daily -8.72% Weekly |
4.85% Daily 3.71% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 23% | -9% | 5% |
| Weekly | 20% | -9% | 4% |
FTSE 100: Retail trader data shows 50.54% of traders are net-long with the ratio of traders long to short at 1.02 to 1. In fact, traders have remained net-long since Dec 22 when FTSE 100 traded near 7,690.80, price has moved 0.54% lower since then. The number of traders net-long is 23.19% higher than yesterday and 19.65% higher from last week, while the number of traders net-short is 9.00% lower than yesterday and 8.72% 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 Dec 22, 2023 when FTSE 100 traded near 7,690.80. 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.
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