Number of traders net-short has increased by 3.79% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| France 40 | BEARISH | 50.08% | 49.92% |
5.27% Daily 10.39% Weekly |
3.63% Daily 3.79% Weekly |
4.44% Daily 6.99% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 19% | -3% | 7% |
| Weekly | 22% | 5% | 13% |
France 40: Retail trader data shows 50.08% of traders are net-long with the ratio of traders long to short at 1.00 to 1. In fact, traders have remained net-long since May 30 when France 40 traded near 7,969.00, price has moved 2.14% lower since then. The number of traders net-long is 5.27% higher than yesterday and 10.39% higher from last week, while the number of traders net-short is 3.63% higher than yesterday and 3.79% higher 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.
Our data shows traders are now net-long France 40 for the first time since May 30, 2024 when France 40 traded near 7,969.00. 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