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Germany 40 IG Client Sentiment: Our data shows traders are now net-long Germany 40 for the first time since May 26, 2022 when Germany 40 traded near 14,263.20.

Germany 40 IG Client Sentiment: Our data shows traders are now net-long Germany 40 for the first time since May 26, 2022 when Germany 40 traded near 14,263.20.

Research, Research Team
Germany 40 Client Positioning

Number of traders net-short has decreased by 6.57% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

Germany 40

BEARISH

50.43%

49.57%

41.35% Daily

20.94% Weekly

-15.65% Daily

-6.57% Weekly

5.88% Daily

5.54% Weekly

Germany 40: Retail trader data shows 50.43% of traders are net-long with the ratio of traders long to short at 1.02 to 1. In fact, traders have remained net-long since May 26 when Germany 40 traded near 14,263.20, price has moved 0.30% higher since then. The number of traders net-long is 41.35% higher than yesterday and 20.94% higher from last week, while the number of traders net-short is 15.65% lower than yesterday and 6.57% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Germany 40 prices may continue to fall.

Our data shows traders are now net-long Germany 40 for the first time since May 26, 2022 when Germany 40 traded near 14,263.20. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bearish contrarian trading bias.

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