The trend of U.S. stocks is stable and improvingđ
On the other hand, the technical picture of the U.S. stock market still looks very positive, and algo and CTA funds may start to chase the gains from current levels. The market is currently in a long SPX-gamma state, so we expect the market to remain stable until at least the OPEX day in mid-November. The trend will remain stable. However, there is still the possibility of an upward breakthrough in the US stock index. Therefore, even if there has been a significant rebound in the past two weeks, short sellers should still be cautious.
