FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Jan 04, 2021 13:00 GMT when FTSE 100 traded near 6,550.30.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.