{"id":61817,"date":"2013-05-13T11:02:07","date_gmt":"2013-05-13T01:02:07","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2013\/05\/13\/spx500-forecast-to-trade-to-further-record-peaks\/"},"modified":"2013-05-13T11:02:07","modified_gmt":"2013-05-13T01:02:07","slug":"spx500-forecast-to-trade-to-further-record-peaks","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2013\/05\/13\/spx500-forecast-to-trade-to-further-record-peaks\/","title":{"rendered":"SPX500 Forecast To Trade To Further Record Peaks"},"content":{"rendered":"

\n\tSPX500<\/span> Forecast To Trade To Record Peaks<\/p>\n

\n\tBy David Rodriguez, Quantitative Strategist<\/p>\n

\n\t\"\"<\/p>\n

\n\tSPX500<\/span> –Retail CFD<\/span> speculators are now their most short the SPX500<\/span> contract on record, and we see little choice but to take a contrarian<\/span> bias to crowd sentiment and calls for fresh SPX500<\/span> highs.<\/p>\n

\n\tTrade Implications – Total short interest has surged to its highest on record, while net-positioning now shows that short positions outnumber longs by nearly 9:1. We have maintained our calls for SPX500<\/span> strength as the trading crowd has remained steadily net-short since November of last year.<\/p>\n

\n\tWarning signs on a potentially significant turnaround are everywhere, but as long as the crowd continues to sell in anticipation of a peak we’re unlikely to see an important turnaround.<\/p>\n

\n\tReprinted with permission of the publisher. The above story can be read on the website www.dailyfx.com. The direct link is:
\n\thttp:\/\/www.dailyfx.com\/forex\/technical\/ssi\/spx500\/2013\/05\/09\/ssi_spx500.html<\/a><\/p>\n

\n\tThe views expressed are not by association FNArena's (see our disclaimer).<\/p>\n

\n\tFor real time news and analysis, please visit http:\/\/www.dailyfx.com\/real_time_news<\/p>\n

\n\tDailyFX provides forex news on the economic reports and political events that influence the currency market. Learn currency trading with a free practice account and charts from FXCM.<\/p>\n

\n\twww.dailyfx.com<\/p>\n

\n\tDisclaimer<\/strong><\/em><\/p>\n

\n\tForex Capital Markets is headquartered at Financial Square 32 Old Slip, 10th Floor, New York, NY 10005 USA.<\/u><\/em><\/p>\n

\n\tTrading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before you decide to trade the foreign exchange products offered by Forex Capital Markets, LLC, Forex Capital Markets Limited, inclusive of all EU branches, FXCM Asia Limited, or FXCM Australia Limited, any affiliates of aforementioned firms, or other firms under the FXCM group of companies [collectively Your Feedback (Thank You)" – Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

As long as retail investors remain short the rally in US equities, FXCM predicts higher peaks remain in store.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[26],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61817"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=61817"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61817\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=61817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=61817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=61817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}