US equity funds see first weekly outflow since March

Technical indicators are pointing to weakening conditions. The RSI 14 level is approaching the sell zone at 41.8, while the MACD line remains below the signal line and in negative territory. The price closed below both the 20-day and 50-day moving averages. The headline confirms a loss of market confidence, noting that US equity funds experienced their first weekly outflows since March. The likelihood of continued selling pressure in the short term is high.

NDX fell 2.94% in the last 24 hours, with RSI at 45.5 in weak territory. The MACD line is below the signal line and in negative territory, indicating weak short-term momentum. The price is trading just above the 20-day SMA (29,381) but below the 50-day SMA (29,869). News headlines report outflows from US equity funds, supporting negative market sentiment. The downtrend is expected to continue in the short term.

AAPL shares have declined nearly 8% in the last 24 hours, falling to the 275 level. Despite the RSI being in oversold territory at 26, the MACD continues to give a sell signal, and the price is trading below both the 20-day and 50-day moving averages. News headlines indicate that U.S. equity funds experienced their first weekly outflow since March, pointing to weakening overall market sentiment. In the short term, weak technical indicators and fund outflows may exert pressure, but the oversold condition could also trigger a brief rebound buying.

NVIDIA (NVDA) shares fell 6.2% in the last 24 hours, closing at $195.74. While the RSI at 36 approaches oversold territory, the MACD remains negative below its signal line. Trading below the 20- and 50-day moving averages confirms short-term weakness. Weekly outflows from US equity funds indicate reduced market risk appetite, potentially adding further pressure on NVDA. Therefore, the downtrend is expected to persist in the near term.