3 charts we are watching: Big busy buyers

Busy buyers

"CTAs now projected to buy +$38bn S&P over the next 5 sessions in a flat tape, flipping from short to long S&P. This is a BIG number...~$7.6bn per session. In tandem, 92% of corporates are expected to be in their open window by the end of this week, adding an incremental ~$5bn in demand" (GS trading desk). Chart shows the "intense" buyback bid.