Number of traders net-short has decreased by 23.50% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS
Number of traders net-short has decreased by 23.50% from last week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
FTSE 100 |
BEARISH |
50.00% |
50.00% |
21.09%
51.72% |
-12.83%
-23.50% |
1.36%
1.72% |
FTSE 100: Retail trader data shows 50.00% of traders are net-long with the ratio of traders long to short at 1.00 to 1. In fact, traders have remained net-long since Oct 13 when FTSE 100 traded near 7,166.70, price has moved 1.85% higher since then. The number of traders net-long is 21.09% higher than yesterday and 51.72% higher from last week, while the number of traders net-short is 12.83% lower than yesterday and 23.50% 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 Oct 13, 2021 when FTSE 100 traded near 7,166.70. 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.
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