Traders Sentiment for SPX
This tool allows you to see in realtime how retail traders are positioned as a whole. Retail traders tend to position theirselves against the current trend attempting to pinpoint the end of it and therefore to maximise their profit if they actually catch the beginning of a new trend. Retail traders are, as a whole, usually wrong as trends tend to last longer than they expect. As a consequence, it is usually a reason for concern if you find yourself betting in the same direction as the majority of traders.