Germany 40 IG Client Sentiment: Our data shows traders are now at their most net-long Germany 40 since Mar 06 when Germany 40 traded near 12,900.50.


Number of traders net-short has decreased by 47.16% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


Germany 40

BEARISH

81.48%

18.52%

16.62%
Daily

39.43%
Weekly

-41.76%
Daily

-47.16%
Weekly

-1.64%
Daily

6.96%
Weekly

Germany 40: Retail trader data shows 81.48% of traders are net-long with the ratio of traders long to short at 4.40 to 1. Our data shows traders are now at their most net-long Germany 40 since Mar 06 when Germany 40 traded near 12,900.50. The number of traders net-long is 16.62% higher than yesterday and 39.43% higher from last week, while the number of traders net-short is 41.76% lower than yesterday and 47.16% 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.

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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