Our data shows traders are now net-long Germany 40 for the first time since Aug 22, 2023 when Germany 40 traded near 15,698.60.
Number of traders net-short has decreased by 25.80% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| Germany 40 | BEARISH | 53.37% | 46.63% |
48.23% Daily 88.56% Weekly |
-17.72% Daily -25.80% Weekly |
7.90% Daily 9.71% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 26% | -18% | -1% |
| Weekly | 64% | -23% | 4% |
Germany 40: Retail trader data shows 53.37% of traders are net-long with the ratio of traders long to short at 1.14 to 1. In fact, traders have remained net-long since Aug 22 when Germany 40 traded near 15,698.60, price has moved 0.29% lower since then. The number of traders net-long is 48.23% higher than yesterday and 88.56% higher from last week, while the number of traders net-short is 17.72% lower than yesterday and 25.80% 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 Aug 22, 2023 when Germany 40 traded near 15,698.60. 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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