Variety of merchants net-short has decreased by 11.14% from final week. SYMBOL
Variety of merchants net-short has decreased by 11.14% from final week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
France 40 |
BEARISH |
50.77% |
49.23% |
27.27%
32.93% |
-20.35%
-11.14% |
-1.67%
6.84% |
France 40: Retail dealer knowledge exhibits 50.77% of merchants are net-long with the ratio of merchants lengthy to quick at 1.03 to 1. In reality, merchants have remained net-long since Dec 22 when France 40 traded close to 5,477.70, worth has moved 2.50% larger since then. The variety of merchants net-long is 27.27% larger than yesterday and 32.93% larger from final week, whereas the variety of merchants net-short is 20.35% decrease than yesterday and 11.14% decrease from final week.
We usually take a contrarian view to crowd sentiment, and the actual fact merchants are net-long suggests France 40 costs could proceed to fall.
Our knowledge exhibits merchants are actually net-long France 40 for the primary time since Dec 22, 2020 when France 40 traded close to 5,477.70. Merchants are additional net-long than yesterday and final week, and the mix of present sentiment and up to date modifications offers us a stronger France 40-bearish contrarian buying and selling bias.