Our knowledge exhibits merchants are actually net-long Germany 30 for the primary time since Nov 04, 2020 when Germany 30 traded close to 12,256.30.

Variety of merchants net-short has decreased by 17.66% from final week.

Germany 30: Retail dealer knowledge exhibits 55.51% of merchants are net-long with the ratio of merchants lengthy to quick at 1.25 to 1. In actual fact, merchants have remained net-long since Nov 04 when Germany 30 traded close to 12,256.30, worth has moved 6.64% increased since then. The variety of merchants net-long is 52.71% increased than yesterday and 15.84% increased from final week, whereas the variety of merchants net-short is 27.92% decrease than yesterday and 17.66% decrease from final week.

We sometimes take a contrarian view to crowd sentiment, and the actual fact merchants are net-long suggests Germany 30 costs might proceed to fall.

Our knowledge exhibits merchants are actually net-long Germany 30 for the primary time since Nov 04, 2020 when Germany 30 traded close to 12,256.30. Merchants are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date modifications provides us a stronger Germany 30-bearish contrarian buying and selling bias.