Goldman Sachs trader warns: US stock market sell-off is not over yet.

The trading department of Goldman Sachs group stated that the US stock market rebounded last Friday, almost recovering from the brutal declines earlier in the week, but will face more selling pressure from trend-following algorithmic funds this week. The S&P 500 index has broken through short-term trigger points, prompting commodity trading advisors to sell stocks. Goldman Sachs predicts that regardless of market direction, these systematic strategies that track market trends rather than fundamental factors will continue to be net sellers in the coming week. Goldman Sachs said that if the stock market falls again, it could trigger approximately $33 billion in selling this week. If market pressures persist and the S&P 500 index falls below 6707 points, there could be systematic selling of up to $80 billion in the next month. In a stable market, it is expected that CTAs will sell approximately $15.4 billion in US stocks this week, and even if the stock market rises, these funds are expected to sell approximately $8.7 billion.