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.

Free Trading Guides
EUR/USD
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
GBP/USD
Bearish
USD/JPY
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
Gold
Bearish
Oil - US Crude
Bearish
Bitcoin
Mixed
More View more
S&P 500 Sentiment Unclear Until this Changes

S&P 500 Sentiment Unclear Until this Changes

2017-03-17 14:30:00
David Rodriguez, Head of Business Development
Share:
S&P 500 Sentiment Unclear Until this Changes

Why and how do we use IG Client Sentiment in trading? See our guide.

US 500: Retail trader data shows 24.3% of traders are net-long with the ratio of traders short to long at 3.12 to 1. The number of traders net-long is 11.1% higher than yesterday and 0.8% higher from last week, while the number of traders net-short is 0.3% lower than yesterday and 6.5% higher from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests US 500 prices may continue to rise. Positioning is less net-short than yesterday but more net-short from last week. The combination of current sentiment and recent changes gives us a further mixed US 500 trading bias.

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

DISCLOSURES

News & Analysis at your fingertips.