US 500 Client Positioning

Number of traders net-short has decreased by 29.04% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


US 500

BEARISH

72.87%

27.13%

4.98%
Daily

17.42%
Weekly

-0.15%
Daily

-29.04%
Weekly

3.54%
Daily

-0.29%
Weekly

US 500: Retail trader data shows 72.87% of traders are net-long with the ratio of traders long to short at 2.69 to 1. Our data shows traders are now at their most net-long US 500 since May 12 when US 500 traded near 3,925.70. The number of traders net-long is 4.98% higher than yesterday and 17.42% higher from last week, while the number of traders net-short is 0.15% lower than yesterday and 29.04% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests US 500 prices may continue to fall.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bearish contrarian trading bias.

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