FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Feb 07, 2024 11:00 GMT when FTSE 100 traded near 7,638.50.

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