Number of merchants net-short has decreased by 17.36% from final week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| Wall Street | BEARISH | 51.31% | 48.69% |
27.10% Daily 29.45% Weekly |
-15.41% Daily -17.36% Weekly |
2.12% Daily 1.47% Weekly |
of purchasers are web lengthy.
of purchasers are web quick.
| Change in | Longs | Shorts | OI |
| Daily | 32% | -19% | 2% |
| Weekly | 43% | -26% | -1% |
Wall Street: Retail dealer information reveals 51.31% of merchants are net-long with the ratio of merchants lengthy to quick at 1.05 to 1. In truth, merchants have remained net-long since Aug 24 when Wall Street traded close to 34,133.90, worth has moved 0.72% larger since then. The variety of merchants net-long is 27.10% larger than yesterday and 29.45% larger from final week, whereas the variety of merchants net-short is 15.41% decrease than yesterday and 17.36% decrease from final week.
We usually take a contrarian view to crowd sentiment, and the very fact merchants are net-long suggests Wall Street costs might proceed to fall.
Our information reveals merchants at the moment are net-long Wall Street for the primary time since Aug 24, 2023 when Wall Street traded close to 34,133.90. Traders are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date modifications provides us a stronger Wall Street-bearish contrarian buying and selling bias.
aspect contained in the aspect. This might be not what you meant to do!
Load your software’s JavaScript bundle contained in the aspect as a substitute.
