This week’s equities CTA flows provide valuable insights into the current market dynamics. On a flat tape, sellers dominated with $39.01 billion in volume, including $15.78 billion coming from outside the US. Meanwhile, on an up tape, buyers outnumbered sellers by a margin of $21.35 billion to $9.33 billion, with $1.44 billion flowing into the US. On the other hand, down tapes saw a significant imbalance in favor of sellers, with $64.66 billion in volume and $22.83 billion coming from outside the US.

Looking ahead to the next month, the picture remains mixed. While buyers showed some signs of life, with $14.62 billion in volume, sellers continued to hold the upper hand. Interestingly, the majority of this buying activity ($1.44 billion) flowed into the US, suggesting a growing appetite for domestic assets. Meanwhile, on the downside, sellers racked up an impressive $78.88 billion in volume, with $27.64 billion coming from outside the US. The long-term picture remains bearish, with key pivot levels set at 6719, 6451, and 6011.

It’s worth noting that these flows are not only important for market sentiment but also for position sizing and risk management strategies. As such, it’s crucial to stay up-to-date on the latest CTA flows to make informed investment decisions. Whether you’re a seasoned trader or just starting out, understanding these dynamics can help you navigate the complexities of the market with greater confidence and success.

While the short-term picture remains uncertain, the long-term outlook remains bearish. As such, it’s essential to stay vigilant and adapt your strategies accordingly. By keeping a close eye on CTA flows, you can better position yourself for success in today’s dynamic markets.