Citigroup strategists said that positions in the European and American markets have been repaired in the past week, and bears are under pressure. S&P 500 bears are particularly evident. The relevant team said that investors in both markets invested new capital last week, not simply to clear bearish positions. In the US market, the current round of gains has led to the accumulation of losses for bears; large short positions in the S&P 500 may be forced to recover if the market continues to rise slowly.

Citigroup strategists said that positions in the European and American markets have been repaired in the past week, and bears are under pressure. S&P 500 bears are particularly evident. The relevant team said that investors in both markets invested new capital last week, not simply to clear bearish positions. In the US market, the current round of gains has led to the accumulation of losses for bears; large short positions in the S&P 500 may be forced to recover if the market continues to rise slowly.