Number of traders net-short has decreased by 37.81% from last week.

SYMBOL	TRADING BIAS	NET-LONG%	NET-SHORT%	CHANGE IN LONGS	CHANGE IN SHORTS	CHANGE IN OI
Oil - US Crude	BEARISH	90.57%	9.43%	10.31% Daily 37.15% Weekly	-18.99% Daily -37.81% Weekly	6.67% Daily 23.15% Weekly

Oil - US Crude Bearish Data provided by of clients are net long. of clients are net short.

Change in	Longs	Shorts	OI
Daily	10%	-18%	6%
Weekly	37%	-38%	23%

What could changes and extremes in retail trading signal for the market? Oil - US Crude: Retail trader data shows 90.57% of traders are net-long with the ratio of traders long to short at 9.60 to 1. Our data shows traders are now at their most net-long Oil - US Crude since Dec 12 when Oil - US Crude traded near 68.64. The number of traders net-long is 10.31% higher than yesterday and 37.15% higher from last week, while the number of traders net-short is 18.99% lower than yesterday and 37.81% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Oil - US Crude 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 Oil - US Crude-bearish contrarian trading bias.

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