Number of traders net-short has decreased by 20.67% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| US 500 | BEARISH | 50.99% | 49.01% |
16.92% Daily 31.89% Weekly |
-16.59% Daily -20.67% Weekly |
-2.31% Daily -0.44% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 17% | -17% | -2% |
| Weekly | 32% | -21% | 0% |
US 500: Retail trader data shows 50.99% 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 Apr 25 when US 500 traded near 5,091.12, price has moved 7.63% higher since then. The number of traders net-long is 16.92% higher than yesterday and 31.89% higher from last week, while the number of traders net-short is 16.59% lower than yesterday and 20.67% lower from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests US 500 prices may continue to fall.
Our data shows traders are now net-long US 500 for the first time since Apr 25, 2024 when US 500 traded near 5,091.12. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-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