Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bullish contrarian trading bias.
US 500 IG Client Sentiment: Our data shows traders are now net-short US 500 for the first time since Sep 26, 2023 when US 500 traded near 4,277.54.Germany 40 IG Client Sentiment: Our data shows traders are now net-short Germany 40 for the first time since Sep 29, 2023 when Germany 40 traded near 15,356.80.FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Oct 02, 2023 10:00 GMT when FTSE 100 traded near 7,504.50.
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