Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
Source
FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Sep 14, 2023 when FTSE 100 traded near 7,698.10.
