Number of traders net-short has decreased by 19.87% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIFT
Number of traders net-short has decreased by 19.87% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| FTSE 100 | BEARISH | 51.06% | 48.94% |
19.84% Daily 15.59% Weekly |
-18.55% Daily -19.87% Weekly |
-2.62% Daily -4.99% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 20% | -19% | -3% |
| Weekly | 16% | -20% | -5% |
FTSE 100: Retail trader data shows 51.06% of traders are net-long with the ratio of traders long to short at 1.04 to 1. In fact, traders have remained net-long since Jul 20 when FTSE 100 traded near 7,644.70, price has moved 1.03% lower since then. The number of traders net-long is 19.84% higher than yesterday and 15.59% higher from last week, while the number of traders net-short is 18.55% lower than yesterday and 19.87% 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 Jul 20, 2023 when FTSE 100 traded near 7,644.70. 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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