According to the strategy team led by David Qiu, the trading behavior of US investors is shifting to closing long positions and opening new short positions. Risk exposure for S&P 500 and Nasdaq futures is gradually returning to neutral levels. The team wrote in the research report: “The Russell 2000 Index is still a clear exception; its long exposure is still close to a three-year high. If the bearish momentum continues, the risk of a profit settlement will be high.” Despite a slight weakening in market sentiment, the average position level in the European market is the highest among developed markets. “The German DAX Index faces a major tactical risk: profitable long positions coexist with deep loss short positions, creating an asymmetric pattern of capital flows.”

According to the strategy team led by David Qiu, the trading behavior of US investors is shifting to closing long positions and opening new short positions. Risk exposure for S&P 500 and Nasdaq futures is gradually returning to neutral levels. The team wrote in the research report: “The Russell 2000 Index is still a clear exception; its long exposure is still close to a three-year high. If the bearish momentum continues, the risk of a profit settlement will be high.” Despite a slight weakening in market sentiment, the average position level in the European market is the highest among developed markets. “The German DAX Index faces a major tactical risk: profitable long positions coexist with deep loss short positions, creating an asymmetric pattern of capital flows.”