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
Bearish
Oil - US Crude
Bearish
Wall Street
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
Mixed
GBP/USD
Bullish
USD/JPY
Mixed
More View more
Real Time News
  • BOJ GOV KURODA: - Global economy rapidly worsening due to virus, Japan expected to remain in 'severe' situation - Uncertainty extremely high for economic outlook, financial markets still nervous #USDJPY #BOJ
  • Join @IlyaSpivak 's #webinar at 10:00 PM ET /2:00 AM GMT to prepare for the week ahead in trading $AUDUSD Register here: https://t.co/sZNWPVRHA0 https://t.co/eIXdNJQBce
  • Wonder what insight on the situation with China will come out of this. @ZabelinDimitri has the background - https://www.dailyfx.com/forex/fundamental/article/special_report/2020/05/25/AUD-May-Fall-on-Australia-China-Tensions-Euro-Eyes-500b-Proposal.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr https://t.co/Szs7ii3ufu
  • HEADS UP: Australian PM Scott Morrison is due to speak at the National Press Club in Canberra in approx. 2 hours (2:30 GMT). https://t.co/kImzlZLG0k #AUDUSD
  • 🇸🇬 GDP Growth Rate YoY Final Actual: -0.7% Expected: -1.5% Previous: 1% https://www.dailyfx.com/economic-calendar#2020-05-26
  • 🇸🇬 GDP Growth Rate QoQ Final Actual: -4.7% Expected: -7.4% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2020-05-26
  • SINGAPORE Q1 GDP -4.7% q/q annualized vs -8.2% expected, -10.6% earlier estimate #USDSGD
  • Heads Up:🇸🇬 GDP Growth Rate YoY Final due at 00:30 GMT (15min) Actual: -0.7% Expected: -1.5% Previous: 1% https://www.dailyfx.com/economic-calendar#2020-05-26
  • Heads Up:🇸🇬 GDP Growth Rate QoQ Final due at 00:30 GMT (15min) Actual: -4.7% Expected: -7.4% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2020-05-26
  • On Friday, EUR/GBP surged to an over six-week high at 0.8940 then closed the weekly candlestick in the green with a 2.3% gain. Get your $EURGBP market update from @malkudsi here: https://t.co/ln09Ijn7rd https://t.co/oOiE19ZCuW
S&P 500 Likely to Continue onto Fresh Record Highs

S&P 500 Likely to Continue onto Fresh Record Highs

2017-08-07 17:20:00
David Rodriguez, Head of Product
Share:
S&P 500 Likely to Continue onto Fresh 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 16.3% of traders are net-long with the ratio of traders short to long at 5.15 to 1. The number of traders net-long is 10.8% lower than yesterday and 0.6% higher from last week, while the number of traders net-short is unchanged than yesterday and 0.9% 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. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.

See next article in this week’s report:EURUSD - Euro Traders Stop Selling - Watch the Next Move

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

DISCLOSURES

News & Analysis at your fingertips.