Number of traders net-short has decreased by 19.97% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIFr
Number of traders net-short has decreased by 19.97% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| France 40 | BEARISH | 52.21% | 47.79% |
27.54% Daily 33.68% Weekly |
-16.67% Daily -19.97% Weekly |
1.75% Daily 1.24% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 24% | -13% | 3% |
| Weekly | 31% | -18% | 2% |
France 40: Retail trader data shows 52.21% of traders are net-long with the ratio of traders long to short at 1.09 to 1. In fact, traders have remained net-long since Nov 13 when France 40 traded near 7,094.20, price has moved 11.93% higher since then. The number of traders net-long is 27.54% higher than yesterday and 33.68% higher from last week, while the number of traders net-short is 16.67% lower than yesterday and 19.97% 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.
Our data shows traders are now net-long France 40 for the first time since Nov 13, 2023 when France 40 traded near 7,094.20. 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