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FTSE 100 IG Shopper Sentiment: Our knowledge exhibits merchants at the moment are net-short FTSE 100 for the primary time since Nov 17, 2021 09:00 GMT when FTSE 100 traded close to 7,282.40.

ftse-100-ig-shopper-sentiment:-our-knowledge-exhibits-merchants-at-the-moment-are-net-short-ftse-100-for-the-primary-time-since-nov-17,-2021-09:00-gmt-when-ftse-100-traded-close-to-7,28240.

FTSE 100 Client Positioning

Variety of merchants net-short has decreased by 1.85% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

FTSE 100

BULLISH

48.11%

51.89%

-22.23% Every day

-2.00% Weekly

30.19% Every day

-1.85% Weekly

-1.69% Every day

-1.92% Weekly

FTSE 100: Retail dealer knowledge exhibits 48.11% of merchants are net-long with the ratio of merchants brief to lengthy at 1.08 to 1. The truth is, merchants have remained net-short since Nov 17 when FTSE 100 traded close to 7,282.40, worth has moved 0.20% greater since then. The variety of merchants net-long is 22.23% decrease than yesterday and a pair of.00% decrease from final week, whereas the variety of merchants net-short is 30.19% greater than yesterday and 1.85% decrease from final week.

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

Our knowledge exhibits merchants at the moment are net-short FTSE 100 for the primary time since Nov 17, 2021 09:00 GMT when FTSE 100 traded close to 7,282.40. Merchants are additional net-short than yesterday and final week, and the mixture of present sentiment and up to date modifications offers us a stronger FTSE 100-bullish contrarian buying and selling bias.

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

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