The number of traders net-short has increased by 50.89% from the previous week.
| sign, symbol | trading bias | net-long % | net-short% | CHANGE IN LONGS | abbreviate | OI. change in |
|---|---|---|---|---|---|---|
| Germany 40 | fast | 48.13% | 51.87% |
-13.39% Daily -16.40% weekly |
20.10% Daily 50.89% weekly |
1.26% Daily 8.76% weekly |
Germany 40: Retail trader data shows that 48.13% of traders are net-long and the ratio of traders is 1.08 to 1. In fact, traders have remained net-short since August 30, when Germany 40 traded near 12,931.20, having gained 0.91% since the price. The number of net-long traders is 13.39% lower than yesterday and 16.40% lower than last week, while the number of net-short traders is up 20.10% from yesterday and 50.89% from last week.
We generally take a contrarian approach to the sentiment of the crowd, and the fact that traders are pure-short could see the 40 price continue to rise in Germany.
Our data shows that traders are now net-short Germany 40 for the first time since August 30, 2022 15:00 GMT, when Germany 40 traded near 12,931.20. Traders are more net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a strong Germany 40-Bullish Contrarian trading bias.
