
Number of traders net-short has increased by 15.79% from last week.
SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
Germany 30 | BULLISH | 14.13% | 85.87% | -27.99% Daily -12.65% Weekly | 4.05% Daily 15.79% Weekly | -2.10% Daily 10.70% Weekly |
Germany 30: Retail trader data shows 14.13% of traders are net-long with the ratio of traders short to long at 6.08 to 1. Our data shows traders are now at their least net-long Germany 30 since Jan 24 when Germany 30 traded near 13,505.70. The number of traders net-long is 27.99% lower than yesterday and 12.65% lower from last week, while the number of traders net-short is 4.05% higher than yesterday and 15.79% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests Germany 30 prices may continue to rise.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bullish contrarian trading bias.
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