15:45 marker: on ES this year, at 15:45 on 69 days. The last 15 minutes went against the day’s move 71% of the time,
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Our CTA model estimates aggregate US equity positioning at -3.3 standard deviations, in the sub-2nd percentile of its one-year range, in the 10th percentile of its history since 2018, and the lowest since March 31.
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