Gold, US Oil, SP 500 - Latest Retail Sentiment Analysis
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Recent retail trader data reveals a balanced market, with 49.85% of traders in long positions and a short-to-long ratio of 1.01 to 1. Notable shifts have occurred: long positions have decreased by 13.24% since yesterday and 13.73% over the past week. Conversely, short positions have increased by 8.36% daily and 6.44% weekly.
Our analytical approach often counters prevailing market sentiment. The current net-short positioning implies the potential for Gold price appreciation. The growing short bias observed both daily and weekly, strengthens our contrarian bullish view on Gold.
Recent data indicates 58.26% of retail traders are net-long, with long positions outweighing short by 1.40 to 1. Net-long traders have decreased by 0.43% daily but increased by 7.19% weekly. Net-short traders have grown by 4.31% since yesterday but declined by 14.98% over the week.
Our strategy often opposes market sentiment. The current net-long majority implies potential US Crude price decreases. However, the conflicting short-term and medium-term changes in positioning yield an ambiguous trading outlook for Oil - US Crude.
Retail trader data reveals a bearish tilt, with 36.30% net-long positions and a 1.75 to 1 short-to-long ratio. Net-long traders have grown by 13.58% since yesterday and 6.75% over the week. Net-short traders have declined by 8.07% daily and 2.91% weekly.
Our approach typically contradicts crowd positioning. The dominant net-short sentiment suggests continued US 500 price appreciation. However, the recent decline in net-short positions across both daily and weekly periods indicates a possible reversal in the current US 500 uptrend, despite the persisting net-short majority.
Oil - US Crude Mixed Data provided by of clients are net long. of clients are net short.
Change in | Longs | Shorts | OI |
Daily | -5% | 8% | 0% |
Weekly | 3% | -12% | -4% |