Number of traders net-short has decreased by 20.36% from last week.

SYMBOL	TRADING BIAS	NET-LONG%	NET-SHORT%	CHANGE IN LONGS	CHANGE IN SHORTS	CHANGE IN OI
Wall Street	BEARISH	53.72%	46.28%	50.17% Daily 34.44% Weekly	-21.07% Daily -20.36% Weekly	5.93% Daily 1.97% Weekly

Wall Street Bearish Data provided by of clients are net long. of clients are net short.

Change in	Longs	Shorts	OI
Daily	50%	-21%	6%
Weekly	34%	-20%	2%

What could changes and extremes in retail trading signal for the market? Wall Street: Retail trader data shows 53.72% of traders are net-long with the ratio of traders long to short at 1.16 to 1. In fact, traders have remained net-long since Nov 02 when Wall Street traded near 33,825.70, price has moved 12.22% higher since then. The number of traders net-long is 50.17% higher than yesterday and 34.44% higher from last week, while the number of traders net-short is 21.07% lower than yesterday and 20.36% 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 02, 2023 when Wall Street traded near 33,825.70. 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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