Variety of merchants net-short has elevated by 20.76% from final week. SYMBOL
Variety of merchants net-short has elevated by 20.76% from final week.
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
FTSE 100 |
BULLISH |
49.96% |
50.04% |
-14.17%
-14.02% |
26.41%
20.76% |
2.26%
0.46% |
FTSE 100: Retail dealer information reveals 49.96% of merchants are net-long with the ratio of merchants brief to lengthy at 1.00 to 1. Actually, merchants have remained net-short since Jun 09 when FTSE 100 traded close to 6,346.00, value has moved 0.83% decrease since then. The variety of merchants net-long is 14.17% decrease than yesterday and 14.02% decrease from final week, whereas the variety of merchants net-short is 26.41% larger than yesterday and 20.76% larger from final week.
We sometimes take a contrarian view to crowd sentiment, and the actual 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 Jun 09, 2020 when FTSE 100 traded close to 6,346.00. 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.