⚠️Leveraged ETFs are triggering MASSIVE selling pressure across US stocks:
Leveraged ETFs were forced to sell $18 billion in US equities on Tuesday to rebalance their portfolios, one of the top 10 largest forced selling days EVER.
The bulk of the selling was concentrated in Tech with significant pressure in NVIDIA, $NVDA, Tesla, $TSLA, $AMD, Micron, $MU, Palantir, $PLTR, and MicroStrategy, $MSTR.
An additional $10 billion in selling is estimated over the week if volatility remains elevated.