Number of traders net-short has decreased by 42.53% from last week.
|SYMBOL||TRADING BIAS||NET-LONG%||NET-SHORT%||CHANGE IN LONGS||CHANGE IN SHORTS||CHANGE IN OI|
of clients are net long.
of clients are net short.
FTSE 100: Retail trader data shows 51.52% of traders are net-long with the ratio of traders long to short at 1.06 to 1. In fact, traders have remained net-long since Nov 03 when FTSE 100 traded near 7,182.40, price has moved 5.22% higher since then. The number of traders net-long is 36.32% higher than yesterday and 79.81% higher from last week, while the number of traders net-short is 17.51% lower than yesterday and 42.53% lower from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests FTSE 100 prices may continue to fall.
Our data shows traders are now net-long FTSE 100 for the first time since Nov 03, 2022 when FTSE 100 traded near 7,182.40. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.