Number of traders net-short has increased by 40.38% 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 46.27% of traders are net-long with the ratio of traders short to long at 1.16 to 1. In fact, traders have remained net-short since Aug 10 when FTSE 100 traded near 7,592.80, price has moved 0.14% higher since then. The number of traders net-long is 12.56% lower than yesterday and 26.97% lower from last week, while the number of traders net-short is 21.99% higher than yesterday and 40.38% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests FTSE 100 prices may continue to rise.
Our data shows traders are now net-short FTSE 100 for the first time since Aug 10, 2023 when FTSE 100 traded near 7,592.80. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias.