
This week, U.S. stocks face "huge selling pressure," and "the more they fall, the larger it becomes."

Goldman Sachs trader Coppersmith pointed out: The short-term reversal point for the S&P 500 index for CTAs is around 6725 points, with a medium-term target around 6440 points. Since the beginning of October, long positions have decreased (as of Friday, from USD 224 billion to USD 212 billion). Although the current scale of capital flows has decreased slightly, a 1 standard deviation drop could trigger a global stock sell-off of up to approximately USD 165 billion. In other words: This week, U.S. stocks are facing significant selling pressure
Goldman Sachs trader Coppersmith pointed out:
The short-term reversal point for the S&P 500 index for CTAs is around 6725 points, with a medium-term target around 6440 points. Since the beginning of October, long positions have decreased (as of Friday, from $224 billion to $212 billion), and although the current scale of capital flows has slightly diminished, a decline of 1 standard deviation could trigger a global stock sell-off of up to approximately $165 billion.
In other words: This week, U.S. stocks are facing significant selling pressure.


