Birmingham , UK

FTSE 100 IG Consumer Sentiment: Our knowledge exhibits merchants at the moment are net-long FTSE 100 for the primary time since Mar 17, 2022 when FTSE 100 traded close to 7,381.50.

ftse-100-ig-consumer-sentiment:-our-knowledge-exhibits-merchants-at-the-moment-are-net-long-ftse-100-for-the-primary-time-since-mar-17,-2022-when-ftse-100-traded-close-to-7,38150.

FTSE 100 Client Positioning

Variety of merchants net-short has decreased by 44.16% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

FTSE 100

BEARISH

50.24%

49.76%

46.37% Day by day

128.55% Weekly

-10.86% Day by day

-44.16% Weekly

10.93% Day by day

-9.99% Weekly

FTSE 100: Retail dealer knowledge exhibits 50.24% of merchants are net-long with the ratio of merchants lengthy to brief at 1.01 to 1. In truth, merchants have remained net-long since Mar 17 when FTSE 100 traded close to 7,381.50, worth has moved 0.14% decrease since then. The variety of merchants net-long is 46.37% increased than yesterday and 128.55% increased from final week, whereas the variety of merchants net-short is 10.86% decrease than yesterday and 44.16% decrease from final week.

We usually take a contrarian view to crowd sentiment, and the very fact merchants are net-long suggests FTSE 100 costs could proceed to fall.

Our knowledge exhibits merchants at the moment are net-long FTSE 100 for the primary time since Mar 17, 2022 when FTSE 100 traded close to 7,381.50. Merchants are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date adjustments offers us a stronger FTSE 100-bearish contrarian buying and selling bias.

DailyFX gives foreign exchange information and technical evaluation on the traits that affect the worldwide foreign money markets.

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