Number of traders net-short has decreased by 41.79% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS
Number of traders net-short has decreased by 41.79% from last week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
Germany 30 |
BEARISH |
50.21% |
49.79% |
30.85%
146.63% |
-15.47%
-41.79% |
2.80%
-5.57% |
Germany 30: Retail trader data shows 50.21% of traders are net-long with the ratio of traders long to short at 1.01 to 1. In fact, traders have remained net-long since Oct 19 when Germany 30 traded near 15,510.80, price has moved 1.12% lower since then. The number of traders net-long is 30.85% higher than yesterday and 146.63% higher from last week, while the number of traders net-short is 15.47% lower than yesterday and 41.79% lower from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Germany 30 prices may continue to fall.
Our data shows traders are now net-long Germany 30 for the first time since Oct 19, 2021 when Germany 30 traded near 15,510.80. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bearish contrarian trading bias.
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