Number of traders net-short has decreased by 42.27% 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 42.27% from last week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
Germany 40 |
BEARISH |
74.47% |
25.53% |
46.64%
40.91% |
-31.30%
-42.27% |
13.72%
3.02% |
Germany 40: Retail trader data shows 74.47% of traders are net-long with the ratio of traders long to short at 2.92 to 1. Our data shows traders are now at their most net-long Germany 40 since Oct 06 when Germany 40 traded near 15,099.00. The number of traders net-long is 46.64% higher than yesterday and 40.91% higher from last week, while the number of traders net-short is 31.30% lower than yesterday and 42.27% lower from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Germany 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 Germany 40-bearish contrarian trading bias.
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