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France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since Jun 13, 2024 11:00 GMT when France 40 traded near 7,716.10.

France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since Jun 13, 2024 11:00 GMT when France 40 traded near 7,716.10.

Research, Research Team

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France 40 Client Positioning

Number of traders net-short has increased by 21.93% from last week.

SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI
France 40BULLISH49.71%50.29%

-13.99% Daily

-8.40% Weekly

3.48% Daily

21.93% Weekly

-6.01% Daily

4.70% Weekly

France 40 Mixed
Data provided by
of clients are net long. of clients are net short.
Change in Longs Shorts OI
Daily -9% -3% -6%
Weekly -5% -13% -8%
What could changes and extremes in retail trading signal for the market?
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France 40: Retail trader data shows 49.71% of traders are net-long with the ratio of traders short to long at 1.01 to 1. In fact, traders have remained net-short since Jun 13 when France 40 traded near 7,716.10, price has moved 0.78% lower since then. The number of traders net-long is 13.99% lower than yesterday and 8.40% lower from last week, while the number of traders net-short is 3.48% higher than yesterday and 21.93% higher from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests France 40 prices may continue to rise.

Our data shows traders are now net-short France 40 for the first time since Jun 13, 2024 11:00 GMT when France 40 traded near 7,716.10. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bullish contrarian trading bias.

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