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Germany 30 IG Client Sentiment: Our data shows traders are now net-short Germany 30 for the first time since Sep 28, 2021 when Germany 30 traded near 15,285.20.

Germany 30 IG Client Sentiment: Our data shows traders are now net-short Germany 30 for the first time since Sep 28, 2021 when Germany 30 traded near 15,285.20.

Research, Research Team
Germany 30 Client Positioning

Number of traders net-short has increased by 27.73% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

Germany 30

BULLISH

47.47%

52.53%

-15.79% Daily

-17.87% Weekly

6.42% Daily

27.73% Weekly

-5.42% Daily

1.09% Weekly

Germany 30: Retail trader data shows 47.47% of traders are net-long with the ratio of traders short to long at 1.11 to 1. In fact, traders have remained net-short since Sep 28 when Germany 30 traded near 15,285.20, price has moved 1.10% higher since then. The number of traders net-long is 15.79% lower than yesterday and 17.87% lower from last week, while the number of traders net-short is 6.42% higher than yesterday and 27.73% 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.

Our data shows traders are now net-short Germany 30 for the first time since Sep 28, 2021 when Germany 30 traded near 15,285.20. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bullish contrarian trading bias.

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