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
Oil - US Crude
Bullish
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
Risks to S&P 500 Become Too Great to Ignore

Risks to S&P 500 Become Too Great to Ignore

David Rodriguez, Head of Product
Risks to S&P 500 Become Too Great to Ignore

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

SPX500 Retail CFD speculators remain heavily short the SPX500, which tracks the fair value of S&P 500 futures. Yet a material drop in short interest warns that the trend is near exhaustion.

Trade Implications SPX500 It’s been a fool’s errand to call for an important breakdown in high-flying equity markets, but we see important evidence that it’s time to be skeptical of equity market strength. The fact that retail positioning has scaled back dramatically on the SPX500 adds further evidence, and a break below $1948 would help confirm that a potentially significant top is in place.

See next currency section: EURJPY - Euro Breakdown versus Yen Warns Against Complacency

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

Risks to S&P 500 Become Too Great to Ignore

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