Home / Daily Forex Signals / S&P 500 May Rally As Traders Are Further Short

S&P 500 May Rally As Traders Are Further Short

bda8ssi_spx500_body_download1 photo

US 500: Retail trader data shows 17.0% of traders are net-long with the ratio of traders short to long at 4.87 to 1. The number of traders net-long is 12.1% lower than yesterday and 2.2% lower from last week, while the number of traders net-short is 2.6% higher than yesterday and 2.3% 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… Read entire story.

Source: Daily Forex Signals

bda8ssi_spx500_body_download1-150x150 photo

error: Content is protected !!