Sentiment indicator of the Frankfurt Stock Exchange

Market sentiment

Kleine Skulptur von Bär und Bulle auf der Galerie

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 23. July: "Like a frog in a boiling pot”

Joachim Goldberg

Everyone seems to be getting used to the rollercoaster ride overseas. German blue chips reacted with similar movements in a comparatively small range, as they did last week. This prompted about a third of professionals who had just gone short to close their positions. According to Joachim Goldberg, the price losses were not large enough. After all, 9 percent went long. The sentiment index rose to -15 points. Among private investors, 4 percent joined the bears. Their sentiment stands at -9 points.

The behavioral economist sees support on the downside at 23,750/800 points. On the upside, the possibility of a short squeeze is lower, but still present. Goldberg's conclusion: The situation for the DAX remains favorable.

Your opinion counts: Market expectations of investors

All interested investors are invited to participate. It takes only 15 seconds. Every Tuesday you will receive an e-mail with a survey link. You will receive the results of the analysis by e-mail.

Method

Xetra-Händler vor Monitoren

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.