00 GMT when Germany 40 traded near 12,931.20.





Number of traders net-short has increased by 50.89% from last week.



SYMBOL
TRADING BIAS
NET-LONG%
NET-SHORT%
CHANGE IN LONGS
CHANGE IN SHORTS
CHANGE IN OI




Germany 40
BULLISH
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 48.13% of traders are net-long with the ratio of traders short to long at 1.08 to 1. In fact, traders have remained net-short since Aug 30 when Germany 40 traded near 12,931.20, price has moved 0.91% higher since then. The number of traders net-long is 13.39% lower than yesterday and 16.40% lower from last week, while the number of traders net-short is 20.10% higher than yesterday and 50.89% 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 Aug 30, 2022 15:00 GMT when Germany 40 traded near 12,931.20. 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.



element inside the element. This is probably not what you meant to do!
Load your application’s JavaScript bundle inside the element instead.

Source link The post 00 GMT when Germany 40 traded near 12,931.20. first appeared on Forex Trader Hub .

Top Articles