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FTSE 100 IG Shopper Sentiment: Our knowledge reveals merchants are actually at their least net-long FTSE 100 since Oct 16 when FTSE 100 traded close to 7,240.50.

ftse-100-ig-shopper-sentiment:-our-knowledge-reveals-merchants-are-actually-at-their-least-net-long-ftse-100-since-oct-16-when-ftse-100-traded-close-to-7,24050.

FTSE 100 Client Positioning

Variety of merchants net-short has elevated by 26.47% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

FTSE 100

BULLISH

28.88%

71.12%

-29.24% Day by day

-35.61% Weekly

25.20% Day by day

26.47% Weekly

2.44% Day by day

-1.07% Weekly

FTSE 100: Retail dealer knowledge reveals 28.88% of merchants are net-long with the ratio of merchants brief to lengthy at 2.46 to 1. Our knowledge reveals merchants are actually at their least net-long FTSE 100 since Oct 16 when FTSE 100 traded close to 7,240.50. The variety of merchants net-long is 29.24% decrease than yesterday and 35.61% decrease from final week, whereas the variety of merchants net-short is 25.20% larger than yesterday and 26.47% larger from final week.

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

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 offers foreign exchange information and technical evaluation on the traits that affect the worldwide forex markets.

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