Our information reveals merchants are actually net-short FTSE 100 for the primary time since Apr 16, 2021 when FTSE 100 traded close to 7,022.20.

Variety of merchants net-short has elevated by 40.09% from final week.

FTSE 100: Retail dealer information reveals 48.36% of merchants are net-long with the ratio of merchants brief to lengthy at 1.07 to 1. In reality, merchants have remained net-short since Apr 16 when FTSE 100 traded close to 7,022.20, worth has moved 0.35% increased since then. The variety of merchants net-long is 34.47% decrease than yesterday and 31.16% decrease from final week, whereas the variety of merchants net-short is 69.56% increased than yesterday and 40.09% increased from final week.

We sometimes take a contrarian view to crowd sentiment, and the very fact merchants are net-short suggests FTSE 100 costs could proceed to rise.

Our information reveals merchants are actually net-short FTSE 100 for the primary time since Apr 16, 2021 when FTSE 100 traded close to 7,022.20. Merchants are additional net-short than yesterday and final week, and the mix of present sentiment and up to date modifications offers us a stronger FTSE 100-bullish contrarian buying and selling bias.