France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since May 18, 2022 16:00 GMT when France 40 traded near 6,283.30.

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France 40 Client Positioning

Number of traders net-short has increased by 39.05% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


France 40

BULLISH

48.34%

51.66%

-9.36%
Daily

-22.17%
Weekly

18.18%
Daily

39.05%
Weekly

3.05%
Daily

0.74%
Weekly

France 40: Retail trader data shows 48.34% of traders are net-long with the ratio of traders short to long at 1.07 to 1. In fact, traders have remained net-short since May 18 when France 40 traded near 6,283.30, price has moved 2.22% higher since then. The number of traders net-long is 9.36% lower than yesterday and 22.17% lower from last week, while the number of traders net-short is 18.18% higher than yesterday and 39.05% higher from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests France 40 prices may continue to rise.

Our data shows traders are now net-short France 40 for the first time since May 18, 2022 16:00 GMT when France 40 traded near 6,283.30. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bullish contrarian trading bias.



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