Sentiment indicator of the Frankfurt Stock Exchange
Market sentiment

Opinions make markets: Every Wednesday, the Frankfurt Stock Exchange surveys the market expectations of active investors and has the results interpreted in accordance with the findings of the behaviour-oriented capital market analysis, Behavioral Finance. The analysis is published here around 4 pm.
Market sentiment analysis as of 25. June: "The new carefree attitude”
Despite considerable risks such as the Middle East and tariff conflicts, investors remain largely unimpressed and are buying stocks across the board, with 23 percent of professionals and 10 percent of private investors closing their short positions. Almost all professionals and all private investors have entered the stock market, with sentiment indices shooting up to +45 and +20 points. For Joachim Goldberg, this is a very remarkable change in sentiment, which is likely to have been facilitated by significant gains.
The behavioral economist does not yet see any dangerous euphoria, but expects profit-taking from 24,050/24,100 points onwards – and warns against excessive complacency.
Method

Investors with bullish expectations are long, investors with bearish short. Cost prices and imbalances can be deduced in particular from the changes. Often the sentiment index functions as a counter-indicator because there is no potential demand, but this does not fit in every market situation.
Joachim Goldberg
For more than 30 years, Joachim Goldberg has been dealing with the interaction of people and markets. But it was not until he discovered the psychological influences on the financial markets that the graduate banker and former currency trader thought he had come close to what drives and moves the world of finance.