Number of traders net-short has decreased by 20.26% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| Germany 40 | BEARISH | 50.07% | 49.93% |
40.72% Daily 60.80% Weekly |
-16.90% Daily -20.26% Weekly |
4.54% Daily 6.67% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 41% | -17% | 5% |
| Weekly | 61% | -20% | 7% |
Germany 40: Retail trader data shows 50.07% of traders are net-long with the ratio of traders long to short at 1.00 to 1. In fact, traders have remained net-long since Sep 14 when Germany 40 traded near 15,860.10, price has moved 2.12% lower since then. The number of traders net-long is 40.72% higher than yesterday and 60.80% higher from last week, while the number of traders net-short is 16.90% lower than yesterday and 20.26% lower from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Germany 40 prices may continue to fall.
Our data shows traders are now net-long Germany 40 for the first time since Sep 14, 2023 11:00 GMT when Germany 40 traded near 15,860.10. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bearish contrarian trading bias.
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