| Computers are ready to sell | The CTA crowd has been busy loading up on global equities over the past weeks. According to GS they have bought around $175bn in the past month which is one of the biggest buying ever and they are currently long around $80bn. In a poor liquidity market this flow has magnified the squeeze. Now things are rolling over as equities have traded lower over past sessions and the models switch to sell. The investment bank projects: In a flat market over the coming m month there is l$23bn to sell and in a “down big” market (here defined as a 2.5 sigma move) they need to sell $155bn. Short term threshold level is at 3914, medium term 3975 and long term 4071.
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Finanshuse: Her er syv kursgrafer, der viser at man skal sælge ud nu
søndag 06. oktober 2024
14:05
