Variety of merchants net-short has decreased by 3.27% from final week. SYMBOL
Variety of merchants net-short has decreased by 3.27% from final week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
Germany 30 |
MIXED |
50.18% |
49.82% |
32.43%
-14.09% |
-35.68%
-3.27% |
-13.31%
-9.02% |
Germany 30: Retail dealer information reveals 50.18% of merchants are net-long with the ratio of merchants lengthy to brief at 1.01 to 1. Actually, merchants have remained net-long since Sep 01 when Germany 30 traded close to 12,997.20, worth has moved 0.08% decrease since then. The variety of merchants net-long is 32.43% greater than yesterday and 14.09% decrease from final week, whereas the variety of merchants net-short is 35.68% decrease than yesterday and three.27% decrease from final week.
We usually take a contrarian view to crowd sentiment, and the very fact merchants are net-long suggests Germany 30 costs might proceed to fall.
Our information reveals merchants at the moment are net-long Germany 30 for the primary time since Sep 01, 2020 15:00 GMT when Germany 30 traded close to 12,997.20. Positioning is extra net-long than yesterday however much less net-long from final week. The mixture of present sentiment and up to date modifications offers us an additional blended Germany 30 buying and selling bias.