Number of traders net-short has decreased by 27.40% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| FTSE 100 | BEARISH | 52.08% | 47.92% | 28.85% Daily 44.12% Weekly | -9.18% Daily -27.40% Weekly | 7.32% Daily -2.10% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | -16% | 18% | 2% |
| Weekly | -18% | 10% | -3% |
FTSE 100: Retail trader data shows 52.08% of traders are net-long with the ratio of traders long to short at 1.09 to 1. In fact, traders have remained net-long since Mar 11 when FTSE 100 traded near 7,700.90, price has moved 5.78% higher since then. The number of traders net-long is 28.85% higher than yesterday and 44.12% higher from last week, while the number of traders net-short is 9.18% lower than yesterday and 27.40% lower from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests FTSE 100 prices may continue to fall.
Our data shows traders are now net-long FTSE 100 for the first time since Mar 11, 2024 when FTSE 100 traded near 7,700.90. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
