Birmingham , UK

FTSE 100 IG Consumer Sentiment: Our knowledge reveals merchants at the moment are net-long FTSE 100 for the primary time since Oct 13, 2021 when FTSE 100 traded close to 7,166.70.

ftse-100-ig-consumer-sentiment:-our-knowledge-reveals-merchants-at-the-moment-are-net-long-ftse-100-for-the-primary-time-since-oct-13,-2021-when-ftse-100-traded-close-to-7,16670.

FTSE 100 Client Positioning

Variety of merchants net-short has decreased by 23.50% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

FTSE 100

BEARISH

50.00%

50.00%

21.09% Every day

51.72% Weekly

-12.83% Every day

-23.50% Weekly

1.36% Every day

1.72% Weekly

FTSE 100: Retail dealer knowledge reveals 50.00% of merchants are net-long with the ratio of merchants lengthy to brief at 1.00 to 1. In reality, merchants have remained net-long since Oct 13 when FTSE 100 traded close to 7,166.70, worth has moved 1.85% increased since then. The variety of merchants net-long is 21.09% increased than yesterday and 51.72% increased from final week, whereas the variety of merchants net-short is 12.83% decrease than yesterday and 23.50% 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 reveals merchants at the moment are net-long FTSE 100 for the primary time since Oct 13, 2021 when FTSE 100 traded close to 7,166.70. Merchants are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date modifications provides us a stronger FTSE 100-bearish contrarian buying and selling bias.

DailyFX gives foreign exchange information and technical evaluation on the developments that affect the worldwide forex markets.

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