The Dow Jones and S&P 500 may be at risk as retail traders continue boosting their bullish bets on Wall Street. What are key levels to watch for ahead? Get your market update from ddubrovskyFX here:
The Dow Jones and S&P 500 have been aiming lower in recent weeks, falling in-line with losses since topping at the end of last year. Recent losses have been increasingly associated with retrial traders increasing their upside exposure on Wall Street. This can be measured by using IG Client Sentiment , which often acts as a contrarian indicator.
Since the majority of traders are biased to the upside, this suggests that prices may continue falling. This is as long exposure increased by 2.63% and 66.49% compared to yesterday and last week respectively. With that in mind, these combinations are offering a stronger bearish contrarian trading bias.Dow Jones futures have extended losses over the past few trading sessions, bringing prices back into the 32902 – 33623 support zone after rejecting 35281 resistance.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jerry Jones scores 2,000 jobs at Dallas Cowboys’ Frisco projectDallas Cowboys owner Jerry Jones has scored a touchdown with his Star development Frisco. Teachers Insurance and Annuity Association – one of the country’s...
Read more »
How Sandy Hook lies and the Jan. 6 inquiry threaten to undo Alex JonesThe Texas-based conspiracy theorist recently sought immunity from federal prosecutors investigating the U.S. Capitol riot. Three of his companies have filed for bankruptcy in an apparent effort to delay his Sandy Hook defamation trial.
Read more »
Texas guard Andrew Jones’ legacy bigger than basketballA leukemia survivor and one of the sports world’s best comeback stories, sixth-year...
Read more »
How Sandy Hook lies and the Jan. 6 inquiry threaten to undo Alex JonesThe Texas-based conspiracy theorist recently sought immunity from federal prosecutors investigating the U.S. Capitol riot. Three of his companies have filed for bankruptcy in an apparent effort to delay his Sandy Hook defamation trial.
Read more »
Jury Reaches $8.7 Million Verdict In Fertility Fraud Case Against Former Doctor Paul JonesA jury has reached a verdict in a high-profile civil case over fertility fraud.
Read more »
The Pulse With Bill Anderson: Episode 10: Star Jones on Apple PodcastsThis week on ThePulseWithBillAnderson: BillAFox29 talks to StarJonesEsq about her new role on DivorceCourt, her career, her public struggle with weight & the moment that changed everything for her. Apple Podcasts: Spotify:
Read more »