Our knowledge reveals merchants at the moment are net-short US 500 for the primary time since Jan 13, 2022 when US 500 traded close to 4,663.62.

Number of merchants net-short has elevated by 65.21% from final week.

US 500: Retail dealer knowledge reveals 49.26% of merchants are net-long with the ratio of merchants brief to lengthy at 1.03 to 1. In reality, merchants have remained net-short since Jan 13 when US 500 traded close to 4,663.62, worth has moved 2.66% decrease since then. The variety of merchants net-long is 9.44% decrease than yesterday and 23.39% decrease from final week, whereas the variety of merchants net-short is 15.21% greater than yesterday and 65.21% greater from final week.

We sometimes take a contrarian view to crowd sentiment, and the actual fact merchants are net-short suggests US 500 costs could proceed to rise.

Our knowledge reveals merchants at the moment are net-short US 500 for the primary time since Jan 13, 2022 when US 500 traded close to 4,663.62. Traders are additional net-short than yesterday and final week, and the mixture of present sentiment and up to date modifications offers us a stronger US 500-bullish contrarian buying and selling bias.

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