Our data shows traders are now net-short Germany 40 for the first time since Apr 05, 2022 when Germany 40 traded near 14,379.60.

Number of traders net-short has increased by 26.67% from last week.

Germany 40: Retail trader data shows 49.91% of traders are net-long with the ratio of traders short to long at 1.00 to 1. In fact, traders have remained net-short since Apr 05 when Germany 40 traded near 14,379.60, price has moved 0.82% lower since then. The number of traders net-long is 8.73% lower than yesterday and 19.80% lower from last week, while the number of traders net-short is 24.82% higher than yesterday and 26.67% higher from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests Germany 40 prices may continue to rise.

Our data shows traders are now net-short Germany 40 for the first time since Apr 05, 2022 when Germany 40 traded near 14,379.60. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bullish contrarian trading bias.