Number of traders net-short has decreased by 26.54% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| Germany 40 | BEARISH | 50.65% | 49.35% |
53.21% Daily 75.68% Weekly |
-27.11% Daily -26.54% Weekly |
-0.75% Daily 4.16% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 53% | -27% | -1% |
| Weekly | 76% | -27% | 4% |
Germany 40: Retail trader data shows 50.65% of traders are net-long with the ratio of traders long to short at 1.03 to 1. In fact, traders have remained net-long since Oct 25 when Germany 40 traded near 12,993.90, price has moved 19.78% higher since then. The number of traders net-long is 53.21% higher than yesterday and 75.68% higher from last week, while the number of traders net-short is 27.11% lower than yesterday and 26.54% 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 Oct 25, 2022 when Germany 40 traded near 12,993.90. 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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