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
Bullish
GBP/USD
Mixed
USD/JPY
Mixed
Gold
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
Oil - US Crude
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
Bitcoin
Bearish
More View more
Real Time News
  • The 10-year to 3-month Treasury yield curve has inverted again. Here is is overlaid with the $SPX and a 10-day (red) and 60-day (blue) correlation https://t.co/8V1EfN9lsA
  • Going live in 5 for today's #stockmarket webinar where we'll talk major levels and underlying fundamentals in the current $SPX rally Join here - https://t.co/rmwDACaTEA https://t.co/cruwUwyA8p
  • Forex Update: As of 15:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.09% 🇪🇺EUR: -0.05% 🇨🇭CHF: -0.09% 🇦🇺AUD: -0.32% 🇬🇧GBP: -0.50% 🇯🇵JPY: -0.99% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/wgWwdD5x3d
  • EU Trade Chief Hogan: - US-China Phase one trade deal is not likely to comply with WTO - EU to focus on assessing US-China Phase one trade deal for weeks more
  • RT @realDonaldTrump: Highest Stock Market In History, By Far!
  • #Gold: The next level of resistance at $1,611.5/oz. is close by and a break and close above here would suggest that gold has further to rally. Get your $XAUUSD market update from @nickcawley1 here: https://t.co/NfPiDuavvB https://t.co/RMSNwzvkEh
  • Indices Update: As of 15:00, these are your best and worst performers based on the London trading schedule: France 40: 0.86% Germany 30: 0.81% US 500: 0.50% Wall Street: 0.28% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/vIJlkMby5t
  • EU Trade Chief Hogan says US displaying more goodwill in discussions around trade - BBG $EUR
  • $USDJPY held back against the risk-on lift and Dollar bid as long as it could. Multi-year wedge resistance finally breaks with biggest single-day rally since Aug 19. If you are confident in risk-on, this is a late bloomer https://t.co/IEslLn5nuo
  • With all this talk about gold, #Silver has flown under the radar a little bit as it tests resistance around $18.30 $XAG https://t.co/yOnXW2r2rP
S&P 500 Remains Likely to Hit Further Record Highs

S&P 500 Remains Likely to Hit Further Record Highs

2017-05-30 15:15:00
David Rodriguez, Head of Product
Share:
S&P 500 Remains Likely to Hit Further Record Highs

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

US 500: Retail trader data shows 18.6% of traders are net-long with the ratio of traders short to long at 4.37 to 1. The number of traders net-long is 10.9% higher than yesterday and 19.6% higher from last week, while the number of traders net-short is 1.0% lower than yesterday and 7.8% 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. Yet traders are less net-short than yesterday and compared with last week. Recent changes in sentiment warn that the current US 500 price trend may soon reverse lower despite the fact traders remain net-short.

See next article in this week’s report: EURUSD - Euro Expected to Rally Further versus Downtrodden US Dollar

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

DISCLOSURES

News & Analysis at your fingertips.