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
More View more
S&P 500 : Traders Remain Net-Short

S&P 500 : Traders Remain Net-Short

Nancy Pakbaz, CFA, Markets Writer
US500

NUMBER OF TRADERS NET-SHORT INCREASED FROM LAST WEEK

US 500: Retail trader data shows 27.4% of traders are net-long with the ratio of traders short to long at 2.65 to 1. In fact, traders have remained net-short since Jan 07 when US 500 traded near 2461.52; price has moved 16.4% higher since then. The number of traders net-long is 11.0% higher than yesterday and 0.6% lower from last week, while the number of traders net-short is 1.7% higher than yesterday and 1.2% higher from last week.

To gain more insight in how we use sentiment to supplement a strategy, join us for one of our weekly webinars on how to “Identify Trends with Sentiment”:

Tuesday 20:00 GMT

Wednesday 00:00 GMT

Wednesday 12:30 GMT

Thursday 18:00 GMT

Friday 16:00 GMT

(click on one of the above times to enroll)

S&P 500 SENTIMENT SUGGESTS A MIXED TRADING BIAS

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.

--- Written by Nancy Pakbaz, CFA, DailyFX Research

Follow Nancy on Twitter @NancyPakbazFX

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

DISCLOSURES