Number of traders net-short has decreased by 38.12% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIGe
Number of traders net-short has decreased by 38.12% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| Germany 40 | BEARISH | 50.31% | 49.69% |
11.22% Daily 67.03% Weekly |
1.36% Daily -38.12% Weekly |
6.09% Daily -9.44% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 16% | 2% | 8% |
| Weekly | 66% | -37% | -9% |
Germany 40: Retail trader data shows 50.31% 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 Nov 09 when Germany 40 traded near 15,261.50, price has moved 13.95% higher since then. The number of traders net-long is 11.22% higher than yesterday and 67.03% higher from last week, while the number of traders net-short is 1.36% higher than yesterday and 38.12% 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.
Our data shows traders are now net-long Germany 40 for the first time since Nov 09, 2023 when Germany 40 traded near 15,261.50. 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.
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