Our information reveals merchants at the moment are at their least net-long FTSE 100 since Nov 12 when FTSE 100 traded close to 7,387.50.

Number of merchants net-short has elevated by 2.59% from final week.

FTSE 100: Retail dealer information reveals 23.66% of merchants are net-long with the ratio of merchants brief to lengthy at 3.23 to 1. Our information reveals merchants at the moment are at their least net-long FTSE 100 since Nov 12 when FTSE 100 traded close to 7,387.50. The variety of merchants net-long is 26.31% decrease than yesterday and 5.02% decrease from final week, whereas the variety of merchants net-short is 23.51% increased than yesterday and a couple of.59% increased from final week.

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

Traders are additional net-short than yesterday and final week, and the mixture of present sentiment and up to date modifications provides us a stronger FTSE 100-bullish contrarian buying and selling bias.

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