Number of traders net-short has decreased by 21.60% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS C
Number of traders net-short has decreased by 21.60% from last week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
France 40 |
BEARISH |
69.23% |
30.77% |
27.27%
28.20% |
-9.47%
-21.60% |
13.14%
7.24% |
France 40: Retail trader data shows 69.23% of traders are net-long with the ratio of traders long to short at 2.25 to 1. Our data shows traders are now at their most net-long France 40 since Feb 14 when France 40 traded near 6,854.60. The number of traders net-long is 27.27% higher than yesterday and 28.20% higher from last week, while the number of traders net-short is 9.47% lower than yesterday and 21.60% 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.
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