Risk markets are pushing higher at the start of the week after the Nasdaq 100 posted yet another all-time high. Gold is slipping back towards support, while the US dollar treads water.
Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.04% 🇨🇦CAD: -0.0...The technology sector in the United States continues its upward momentum, propelled by the persistent demand for the Mag 7 stocks. The Nasdaq 100 index is nearing the significant 20,000 level.
Retail trader data shows 56.86% of traders are net-long with the ratio of traders long to short at 1.32 to 1.The number of traders net-long is 1.99% higher than yesterday and 22.10% lower than last week, while the number of traders net-short is 0.30% higher than yesterday and 33.70% higher than last week.may continue to fall. Positioning is more net-long than yesterday but less net-long from last week.
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