Number of traders net-short has decreased by 37.41% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| France 40 | BEARISH | 67.08% | 32.92% |
23.34% Daily 64.30% Weekly |
-16.17% Daily -37.41% Weekly |
6.78% Daily 7.05% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 20% | -14% | 5% |
| Weekly | 50% | -33% | 4% |
France 40: Retail trader data shows 67.08% of traders are net-long with the ratio of traders long to short at 2.04 to 1. Our data shows traders are now at their most net-long France 40 since Oct 05 when France 40 traded near 7,013.00. The number of traders net-long is 23.34% higher than yesterday and 64.30% higher from last week, while the number of traders net-short is 16.17% lower than yesterday and 37.41% lower from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests France 40 prices may continue to fall.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias.
element inside the
element. This is probably not what you meant to do!Load your application’s JavaScript bundle inside the element instead.
www.dailyfx.com