Number of merchants net-short has decreased by 48.18% from final week.
|SYMBOL||TRADING BIAS||NET-LONG%||NET-SHORT%||CHANGE IN LONGS||CHANGE IN SHORTS||CHANGE IN OI|
of purchasers are web lengthy.
of purchasers are web quick.
France 40: Retail dealer knowledge reveals 51.12% of merchants are net-long with the ratio of merchants lengthy to quick at 1.05 to 1. In truth, merchants have remained net-long since Oct 24 when France 40 traded close to 6,157.20, worth has moved 11.83% greater since then. The variety of merchants net-long is 59.91% greater than yesterday and 178.86% greater from final week, whereas the variety of merchants net-short is nineteen.01% decrease than yesterday and 48.18% decrease from final week.
We sometimes take a contrarian view to crowd sentiment, and the actual fact merchants are net-long suggests France 40 costs might proceed to fall.
Our knowledge reveals merchants are actually net-long France 40 for the primary time since Oct 24, 2022 when France 40 traded close to 6,157.20. Traders are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date modifications offers us a stronger France 40-bearish contrarian buying and selling bias.
aspect contained in the aspect. This might be not what you meant to do!