STOCKS | Citi Strategists Say U.S. Equity Futures Stay Mildly Bullish as Confidence Fades

Citi strategists said U.S. equity futures positioning remains mildly bullish, but overall exposure has eased, indicating waning investor participation ahead of key inflation data. According to Sina Finance, the team led by David Qiu said the recent rebound in long positions in U.S. equity futures has faded, short positions have returned, and S&P 500 futures flows turned mildly bearish last week, while medium- to long-term positioning remains slightly above neutral. The strategists added that pressure on U.S. futures mark-to-market losses has not yet reached the extreme positioning typically seen in a full capitulation selloff.