The momentum of a systemic sell-off in US stocks may be waning, and the market is poised for a rebound.

According to an article published on the X platform by The Kobeissi Letter, published by Odaily Odaily, the momentum of a systemic sell-off in US stocks may be weakening. Algorithm-driven funds, Commodity Trading Advisors (CTAs), sold $85 billion worth of US stocks in the past 30 trading days, the largest 30-day sales volume since the 2020 pandemic, when CTAs sold $105 billion. In comparison, the March-April 2025 correction resulted in $80 billion in sales. Currently, CTAs hold $37 billion in short positions in US stocks, the third highest level since 2019. Meanwhile, Goldman Sachs estimates that CTAs will buy over the next month regardless of market conditions, suggesting a potential market rebound.