Dow Jones, S&P 500 Forecast: Are Retail Traders Buying the Dip? 2020 Trendlines Eyed
2021-05-19 03:00:00
Daniel Dubrovsky,
Strategist
Dow Jones, S&P 500, Technical Analysis, Retail Trader Positioning - Talking Points
Stocks on Wall Street remain vulnerable after last week’s wobbly performance
Rising retail trader long bets in the Dow Jones and S&P 500 offer warning sign
Bearish candlestick patterns in them are still in play, will key trendlines hold?
Last week, IG Client Sentiment (IGCS) hinted that the Dow Jones and S&P 500 were at risk of turning lower. IGCS is a tool to gauge retail trader positioning and it is often used as a contrarian indicator. Investors were starting to unwind deeply skewed net-short positioning in the Dow and S&P. This could have been due to forced liquidation as prices climbed over the past few months, resulting in most retail traders realizing losses.
The Dow Jones and S&P 500 outlook appears bleak in the near term as retail traders increase their upside exposure. At the same time, these indices confirmed bearish technical warning signs.
S&P 500, DAX 30, FTSE 100 Outlook: Rising Long Bets Hint Prices May Turn Lower
2021-05-05 05:00:00
Daniel Dubrovsky,
Strategist
S&P 500, DAX 30, FTSE 100, Technical Analysis, Retail Trader Positioning - Talking Points
Global stock markets fell on Tuesday, retail traders were quick to act
Check out last week’s webinar recording to learn about retail positioning
Risk aversion struck financial markets over the past 24 hours, sending global stock markets lower. On Wall Street, the S&P 500 declined. Germany’s DAX 30 also weakened while the FTSE 100 dropped on the London Stock Exchange.
Retail traders were quick to act, taking up long positions in these markets, according to IG Client Sentiment (IGCS). IGCS is typically a contrarian indicator. For more analysis on this tool, check out last week’s webinar recording where I discussed how you can use IGCS in a trading strategy.
Dow Jones, S&P 500 Analysis: Watch Market Sentiment Carefully as Uptrends Hold
2021-04-28 05:00:00
Daniel Dubrovsky,
Strategist
Wall Street, Dow Jones, S&P 500, Technical Analysis, Retail Trader Positioning - Talking Points
Retail trader bets hint Dow Jones may turn lower, will S&P follow?
Uptrends hold in both indices, with S&P 500 eyeing bearish signals
Check out my webinar recording of this week’s session to learn more
In this week’s webinar on IG Client Sentiment (IGCS), which is a tool to gauge retail trader positioning, I discussed the outlook of the Dow Jones and S&P 500. IGCS is typically a contrarian indicator. For detailed analysis, check out the recording of the session above, where I discussed how to use IGCS in a trading strategy. I also covered the fundamental outlook for US benchmark stock indexes.
British Pound Analysis: GBP/USD and GBP/JPY May Rise as Short Bets Increase
2021-04-21 05:00:00
Daniel Dubrovsky,
Strategist
British Pound, GBP/USD, GBP/JPY, Technical Analysis, Retail Trader Positioning - Talking Points
Broader technical view shows shift away from aggressive uptrend
Check out last week’s webinar recording to learn more about IGCS
For most of April, retail investors have been unwinding short positioning in the British Pound, particularly against the US Dollar and Japanese Yen. This opened the door for Sterling to lose some ground. This can be demonstrated by taking a look at IG Client Sentiment (IGCS), a gauge of retail trader positioning.