ME News reports that, as of August 1 (UTC+8), data from the U.S. Commodity Futures Trading Commission (CFTC) shows that, for the week ending July 28, stock fund managers increased their net long positions on the S&P 500 CME futures by 12,702 contracts to 939,115. Meanwhile, speculative positions by stock funds reduced their net short positions on the S&P 500 CME futures by 28,795 contracts to 287,277. (Source: ChainCatcher)
U.S. CFTC: S&P 500 Net Long Positions Rise to 939,115 Contracts
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Summary
Long-term investing in the S&P 500 gained momentum as U.S. CFTC data showed net long positions rising to 939,115 contracts by July 28, an increase of 12,702. Speculators reduced their net short positions by 28,795 to 287,277. This shift may enhance the risk-to-reward ratio for traders.
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