Number of traders net-short has increased by 21.28% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIGe
Number of traders net-short has increased by 21.28% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| Germany 40 | BULLISH | 48.81% | 51.19% |
-20.07% Daily -16.86% Weekly |
40.09% Daily 21.28% Weekly |
2.45% Daily -0.91% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | -20% | 40% | 2% |
| Weekly | -17% | 21% | -1% |
Germany 40: Retail trader data shows 48.81% of traders are net-long with the ratio of traders short to long at 1.05 to 1. In fact, traders have remained net-short since Oct 16 when Germany 40 traded near 15,241.50, price has moved 0.62% lower since then. The number of traders net-long is 20.07% lower than yesterday and 16.86% lower from last week, while the number of traders net-short is 40.09% higher than yesterday and 21.28% 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 Oct 16, 2023 when Germany 40 traded near 15,241.50. 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.
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