CTAs essentially entered this week max short, which looks to be turning into a massive tailwind now.
GS estimates the largest 1M CTA buying demand since Nov 2023.
The $S&P 500(.SPX)$ finished +5.7% in Nov ‘23.
Image
CTAs essentially entered this week max short, which looks to be turning into a massive tailwind now.
GS estimates the largest 1M CTA buying demand since Nov 2023.
The $S&P 500(.SPX)$ finished +5.7% in Nov ‘23.
Image
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