Speculators boosted their net short positions in the tech-heavy Nasdaq 100 index during the week ended Sept. 15, pushing the total tally to the highest level since April 2008, according to US Commodity Futures Trading Commission data released on Friday. Technology stocks have come under pressure this month, putting a floor under the oversold safe US dollar. On Friday, the Nasdaq 100 slipped to 10,769 – the lowest level since July 31 – having topped out at a record high of 12,439 on Sept. 2. It has found acceptance below the 50-day simple moving average for the first time since April 13. The recent sharp rise in shorts suggests investors are anticipating deeper losses in the technology shares. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY: Bears keep the reins for sixth day near 104.50 amid mixed clues FX Street 1 year Speculators boosted their net short positions in the tech-heavy Nasdaq 100 index during the week ended Sept. 15, pushing the total tally to the highest level since April 2008, according to US Commodity Futures Trading Commission data released on Friday. Technology stocks have come under pressure this month, putting a floor under the oversold safe US dollar. On Friday, the Nasdaq 100 slipped to 10,769 – the lowest level since July 31 – having topped out at a record high of 12,439 on Sept. 2. It has found acceptance below the 50-day simple moving average for the first time since… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
