<div id="readability-page-1"><div><div><h2><strong>The set-up remains challenging</strong></h2><p>We saw some signs of risk reduction last week, though nothing extreme. JPM noted mid-week that the decline in positioning over the past four weeks pushed their Tactical Positioning Monitor into an “attractive” zone, suggesting the potential for a short-term bounce</p></div></div></div>

金融指数 MSCI ETF - Fidelity

金融业 ETF - Vanguard

金融业 ETF - SPDR

摩根大通

美国经纪商&证券交易所 ETF - iShares

<p>市场环境依然具有挑战性。上周我们看到了一些风险降低的迹象，尽管并不明显。摩根大通在周中指出，过去四周的头寸下降使他们的战术头寸监测指标进入了 “吸引人” 的区域，这暗示着短期反弹的潜力</p>

上周我们实际上看到了多少抛售行为？