Variety of merchants net-short has decreased by 19.87% from final week.
|SYMBOL||TRADING BIAS||NET-LONG%||NET-SHORT%||CHANGE IN LONGS||CHANGE IN SHORTS||CHANGE IN OI|
19.84% Every day
-18.55% Every day
-2.62% Every day
FTSE 100: Retail dealer information exhibits 51.06% of merchants are net-long with the ratio of merchants lengthy to quick at 1.04 to 1. In truth, merchants have remained net-long since Jul 20 when FTSE 100 traded close to 7,644.70, worth has moved 1.03% decrease since then. The variety of merchants net-long is 19.84% increased than yesterday and 15.59% increased from final week, whereas the variety of merchants net-short is 18.55% decrease than yesterday and 19.87% decrease from final week.
We sometimes take a contrarian view to crowd sentiment, and the very fact merchants are net-long suggests FTSE 100 costs might proceed to fall.
Our information exhibits merchants at the moment are net-long FTSE 100 for the primary time since Jul 20, 2023 when FTSE 100 traded close to 7,644.70. Merchants are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date modifications offers us a stronger FTSE 100-bearish contrarian buying and selling bias.
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