Forced De-Leverage and CTA Selling Emerge as New Market Headwinds
Systematic Funds are being forced to de-leverage with the market falling.
This could turn into a major headwind moving forward.
CTAs just started selling last week (-13B), but are still near max long right now.
$S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$
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