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.

0

Notifications

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

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bearish
Oil - US Crude
Bullish
Wall Street
Mixed
Gold
Mixed
GBP/USD
Bearish
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Japanese candlesticks are a popular charting technique used by many traders, and the shooting star candle is no exception. Learn about the shooting star candlestick and how to trade it here: https://t.co/mfwJ0sZLTs https://t.co/zyTHSyUiMd
  • 🇹🇭 GDP Growth Rate QoQ (Q1) Actual: 0.2% Expected: -0.8% Previous: 1.3% https://www.dailyfx.com/economic-calendar#2021-05-17
  • 🇹🇭 GDP Growth Rate YoY (Q1) Actual: -2.6% Expected: -3.3% Previous: -4.2% https://www.dailyfx.com/economic-calendar#2021-05-17
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Silver: 0.63% Gold: 0.37% Oil - US Crude: 0.32% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/SnUeYQAKdi
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: -0.02% 🇬🇧GBP: -0.11% 🇪🇺EUR: -0.11% 🇨🇦CAD: -0.24% 🇦🇺AUD: -0.35% 🇳🇿NZD: -0.39% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/d3OdjbE19m
  • Heads Up:🇹🇭 GDP Growth Rate QoQ (Q1) due at 02:30 GMT (15min) Previous: 1.3% https://www.dailyfx.com/economic-calendar#2021-05-17
  • Heads Up:🇹🇭 GDP Growth Rate YoY (Q1) due at 02:30 GMT (15min) Previous: -4.2% https://www.dailyfx.com/economic-calendar#2021-05-17
  • 🇨🇳 Fixed Asset Investment (YTD) YoY (APR) Actual: 19.9% Expected: 19% Previous: 25.6% https://www.dailyfx.com/economic-calendar#2021-05-17
  • 🇨🇳 Industrial Production YoY (APR) Actual: 9.8% Expected: 9.8% Previous: 14.1% https://www.dailyfx.com/economic-calendar#2021-05-17
  • 🇨🇳 Retail Sales YoY (APR) Actual: 17.7% Expected: 24.9% Previous: 34.2% https://www.dailyfx.com/economic-calendar#2021-05-17
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 DailyFX.com

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 http://www.twitter.com/DRodriguezFX

Facebook at http://www.Facebook.com/DRodriguezFX

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

DISCLOSURES