Our data shows traders are now net-long Wall Street for the first time since Nov 03, 2020 when Wall Street traded near 27,674.70.

  


Wall Street Client Positioning

Number of traders net-short has decreased by 33.06% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


Wall Street

BEARISH

51.51%

48.49%

158.60%
Daily

88.29%
Weekly

-26.49%
Daily

-33.06%
Weekly

16.44%
Daily

0.21%
Weekly

Wall Street: Retail trader data shows 51.51% of traders are net-long with the ratio of traders long to short at 1.06 to 1. In fact, traders have remained net-long since Nov 03 when Wall Street traded near 27,674.70, price has moved 8.74% higher since then. The number of traders net-long is 158.60% higher than yesterday and 88.29% higher from last week, while the number of traders net-short is 26.49% lower than yesterday and 33.06% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Wall Street prices may continue to fall.

Our data shows traders are now net-long Wall Street for the first time since Nov 03, 2020 when Wall Street traded near 27,674.70. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bearish contrarian trading bias.





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