Trend followers long Gold, short Oil; US equity, UST positions smallerDB and BOAVBL and CJCApr 28, 2025∙ Paid2ShareWe continue to believe that the current environment of elevated volatility and whipsawing markets induces dispersion among individual trend following programs, but according to our models, most CTAs are likely agreed on short US equity positions.This post is for paid subscribersSubscribeAlready a paid subscriber? Sign in