CPI Surprise Bearish Futures Positioning
Moderately bearish sentiment in the futures market leaves room for more shorts if CPI exceeds expectations.
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
"U.S. futures for the S&P 500 were down 0.5% and futures for the Dow Jones Industrial Average declined 0.6%."
"U.S. futures for the S&P 500 were down 1.5% and futures for the Dow Jones Industrial Average fell 1.6%."
"Citibank’s data on the positioning in the futures market also shows only a 'moderately bearish' sentiment, which leaves room for more shorts to be added in case the CPI comes in above expectations."
"Citibank’s data on the positioning in the futures market also shows only a 'moderately bearish' sentiment, which leaves room for more shorts to be added in case the CPI comes in above expectations."