Forexrobots24

forex advisor developer

Germany 40 IG Client Sentiment: Our data shows traders are now net-short Germany 40 for the first time since May 05, 2022 14:00 GMT when Germany 40 traded near 13,860.40.

Germany 40 Client Positioning

Number of traders net-short has increased by 44.60% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

Germany 40

BULLISH

49.40%

50.60%

-14.43%
Daily

-26.91%
Weekly

18.90%
Daily

44.60%
Weekly

-0.29%
Daily

-2.51%
Weekly

Germany 40: Retail trader data shows 49.40% of traders are net-long with the ratio of traders short to long at 1.02 to 1. In fact, traders have remained net-short since May 05 when Germany 40 traded near 13,860.40, price has moved 1.37% higher since then. The number of traders net-long is 14.43% lower than yesterday and 26.91% lower from last week, while the number of traders net-short is 18.90% higher than yesterday and 44.60% 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 May 05, 2022 14:00 GMT when Germany 40 traded near 13,860.40. 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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