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Germany 30 IG Client Sentiment: Our data shows traders are now at their least net-long Germany 30 since Mar 11 when Germany 30 traded near 14,563.10.

Germany 30 IG Client Sentiment: Our data shows traders are now at their least net-long Germany 30 since Mar 11 when Germany 30 traded near 14,563.10.

Research, Research Team
Germany 30 Client Positioning

Number of traders net-short has increased by 7.30% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

Germany 30

BULLISH

12.74%

87.26%

-16.45% Daily

-38.40% Weekly

-1.40% Daily

7.30% Weekly

-3.62% Daily

-1.97% Weekly

Germany 30: Retail trader data shows 12.74% of traders are net-long with the ratio of traders short to long at 6.85 to 1. Our data shows traders are now at their least net-long Germany 30 since Mar 11 when Germany 30 traded near 14,563.10. The number of traders net-long is 16.45% lower than yesterday and 38.40% lower from last week, while the number of traders net-short is 1.40% lower than yesterday and 7.30% 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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