The figures signal de-risking is largely complete after the tech-heavy benchmark struggled through three consecutive sessions before a pronounced Wednesday selloff. S&P 500, Russell 2000, and Euro Stoxx 50 positioning remains largely intact and still stretched long, meaning contagion risk to broader equities persists should markets roll over. Outside a 9% price decline, longs are projected to hold through next week while shorts continue to cover. Gold shorts remain elevated and CTAs could be buying copper, BofA said. Related articlesCTA Nasdaq de-risking appears largely complete: BofABofA's Hartnett calls Fed 'nakedly dovish,' urges retreat from risk assetsShould you invest in the stock market now?