Our data shows traders are now net-short Germany 40 for the first time since Sep 29, 2023 when Germany 40 traded near 15,356.80.
Number of traders net-short has increased by 21.11% from last week.
SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
---|---|---|---|---|---|---|
Germany 40 | BULLISH | 48.32% | 51.68% |
0.83% Daily -11.86% Weekly |
29.70% Daily 21.11% Weekly |
13.94% Daily 2.57% Weekly |
Change in | Longs | Shorts | OI |
Daily | 1% | 30% | 14% |
Weekly | -12% | 21% | 3% |
Germany 40: Retail trader data shows 48.32% of traders are net-long with the ratio of traders short to long at 1.07 to 1. In fact, traders have remained net-short since Sep 29 when Germany 40 traded near 15,356.80, price has moved 0.12% higher since then. The number of traders net-long is 0.83% higher than yesterday and 11.86% lower from last week, while the number of traders net-short is 29.70% higher than yesterday and 21.11% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests Germany 40 prices may continue to rise.
Our data shows traders are now net-short Germany 40 for the first time since Sep 29, 2023 when Germany 40 traded near 15,356.80. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bullish contrarian trading bias.
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