Our data shows traders are now at their most net-long Germany 40 since Oct 05 when Germany 40 traded near 15,103.30.

Number of traders net-short has decreased by 28.09% from last week.

Germany 40: Retail trader data shows 67.77% of traders are net-long with the ratio of traders long to short at 2.10 to 1. Our data shows traders are now at their most net-long Germany 40 since Oct 05 when Germany 40 traded near 15,103.30. The number of traders net-long is 21.54% higher than yesterday and 31.97% higher from last week, while the number of traders net-short is 0.65% lower than yesterday and 28.09% 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.