Citi Warns of Increasing Bearish Pressure on Nasdaq. On June 30, Citi stated that bearish positions in the Nasdaq and S&P 500 indices are increasingly accumulating, with high bullish positions making the Nasdaq vulnerable to further selling. Meanwhile, investors continue to shift to small-cap stocks. In Europe, weakening capital inflows indicate fragile market sentiment, while Asia shows mixed positions, with increased bullish bets in South Korea and significant bearish positions in Hong Kong increasing the risk of a short squeeze#SKHynixTopsKOSPIByMarketCap