News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
S&P 500 Rally in December far from Guaranteed

S&P 500 Rally in December far from Guaranteed

David Rodriguez, Head of Product
ssi_SPX500_body_Picture_17.png, S&P 500 Rally in December far from Guaranteed

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

SPX500Retail CFD speculators remain heavily short the SPX500 contract, which tracks the fair value of the S&P 500 futures price. A contrarian view of crowd sentiment has left us bullish for some time now, but a significant week-over-week shift in crowd positions suggests stock price gains may slow.

Trade Implications SPX500 – December is most often a great month for stocks, and as such it’s difficult to call for a meaningful S&P 500 correction. Yet retail long interest in the SPX500 has surged nearly 50 percent since last week while short positions are down 20 percent. Suffice it to say it seems risky to join crowds in buying the most recent S&P 500 dip as the trade seems increasingly popular.

--- Written by David Rodriguez, Quantitative Strategist for

ssi_SPX500_body_Picture_18.png, S&P 500 Rally in December far from Guaranteed

Automate our SSI-based trading strategies via Mirror Trader free of charge

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at

Facebook at

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.