Variety of merchants net-short has elevated by 61.74% from final week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHO
Variety of merchants net-short has elevated by 61.74% from final week.
CHANGE IN LONGS
CHANGE IN SHORTS
CHANGE IN OI
FTSE 100: Retail dealer information exhibits 49.37% of merchants are net-long with the ratio of merchants brief to lengthy at 1.03 to 1. Actually, merchants have remained net-short since Might 10 when FTSE 100 traded close to 7,090.70, worth has moved 0.54% larger since then. The variety of merchants net-long is 14.13% decrease than yesterday and 29.40% decrease from final week, whereas the variety of merchants net-short is 28.67% larger than yesterday and 61.74% larger from final week.
We usually 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 exhibits merchants are actually net-short FTSE 100 for the primary time since Might 10, 2021 when FTSE 100 traded close to 7,090.70. 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.