Our data shows traders are now net-long France 40 for the first time since Jun 26, 2023 when France 40 traded near 7,198.30.
<p> <br />
</p>
<div>
<article><img decoding="async" loading="lazy" src="https://a.c-dn.net/b/49CAWU/chart.png" alt="France 40 Client Positioning" data-image-original-width="900" data-image-original-height="600" width="900" height="600" class="dfx-lazyload" style="padding-bottom: calc(600 / 900 * 100%);" /></p>
<h2>Number of traders net-short has decreased by 27.77% from last week.</h2>
<table>
<thead>
<tr>
<th>SYMBOL</th>
<th>TRADING BIAS</th>
<th>NET-LONG%</th>
<th>NET-SHORT%</th>
<th>CHANGE IN LONGS</th>
<th>CHANGE IN SHORTS</th>
<th>CHANGE IN OI</th>
</tr>
</thead>
<tbody>
<tr>
<td data-heading="SYMBOL"><span>France 40</span></td>
<td data-heading="TRADING BIAS"><span>BEARISH</span></td>
<td data-heading="NET-LONG%"><span>50.34%</span></td>
<td data-heading="NET-SHORT%"><span>49.66%</span></td>
<td data-heading="CHANGE IN LONGS">
<p><span>51.01% </span><span>Daily</span></p>
<p><span>58.08% </span><span>Weekly</span></p>
</td>
<td data-heading="CHANGE IN SHORTS">
<p><span>-26.49% </span><span>Daily</span></p>
<p><span>-27.77% </span><span>Weekly</span></p>
</td>
<td data-heading="CHANGE IN OI">
<p><span>-0.89% </span><span>Daily</span></p>
<p><span>-0.59% </span><span>Weekly</span></p>
</td>
</tr>
</tbody>
</table>
<div>
<div>
<p>
<span><br />
<span data-stream-type="sentiment" data-market- data-value="–" data-type="long-value-info"><br />
</span><br />
<span>of clients are </span><span>net long.</span> </span><br />
<span><br />
<span data-stream-type="sentiment" data-market- data-value="–" data-type="short-value-info"><br />
</span><br />
<span>of clients are </span><span>net short.</span> </span>
</p>
</div>
</div>
<div>
<table>
<thead>
<tr>
<td>
Change in </td>
<td>
Longs </td>
<td>
Shorts </td>
<td>
OI </td>
</tr>
</thead>
<tbody>
<tr>
<td>Daily</td>
<td>52%</td>
<td>-27%</td>
<td>0%</td>
</tr>
<tr>
<td>Weekly</td>
<td>58%</td>
<td>-29%</td>
<td>0%</td>
</tr>
</tbody>
</table>
</div>
<p>France 40: <span>Retail trader data shows 50.34% of traders are net-long with the ratio of traders long to short at 1.01 to 1. </span>In fact, traders have remained net-long since Jun 26 when France 40 traded near 7,198.30, price has moved 0.89% lower since then. The number of traders net-long is 51.01% higher than yesterday and 58.08% higher from last week, while the number of traders net-short is 26.49% lower than yesterday and 27.77% lower from last week. </p>
<p><span>We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests France 40 </span><span>prices</span><span> may continue to fall. </span></p>
<p>Our data shows traders are now net-long France 40 for the first time since Jun 26, 2023 when France 40 traded near 7,198.30. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias. </p>
</article>
</div>
<p> element inside the <body> element. This is probably not what you meant to do!<br />
Load your application’s JavaScript bundle inside the <head> element instead.<br />
<br /><br />
<br /><a href="https://www.dailyfx.com/analysis/FR40-IG-Client-Sentiment-202307061323.html">Source link </a></p><p>The post <a href="https://forextraderhub.com/our-data-shows-traders-are-now-net-long-france-40-for-the-first-time-since-jun-26-2023-when-france-40-traded-near-7198-30.html">Our data shows traders are now net-long France 40 for the first time since Jun 26, 2023 when France 40 traded near 7,198.30.</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>
Leave a Comment