Via a note from Goldman Sachs on global equities, they see CTA systematic traders as net buyers for the next 2 weeks.
GS says CTA traders are net long equities, around the 65th percentile, but nevertheless they will continue to be buyers “in every scenario” GS model.
GS says this buying will offset a dearth of corporate buying (blackout).
This article was written by Eamonn Sheridan at www.forexlive.com.
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