Global Equity Funds See $12.46 Billion Inflow, Money Shifts from US to Europe

The DAX index may follow a sideways trajectory in the short term. Although technical indicators point to weakness, the RSI at 40 suggests it has not entered oversold territory. The MACD line is below the signal line and in negative territory, confirming weak momentum. However, the headline news of fund inflows into Europe could provide potential support for the index. In the short term, fluctuations are expected within the 24,700-24,900 range.

The S&P 500 (SPX) is trading just below its 20-day moving average (7,551) and near its 50-day moving average (7,534). The RSI stands at 47, indicating neutral territory, while the MACD remains below its signal line. News suggests global fund flows are shifting toward Europe, which could create limited short-term pressure on U.S. indices. However, as the current technical structure does not provide a clear directional signal, the market is expected to continue moving within a sideways range for some time.

The news indicates that global fund flows are shifting towards Europe, which could serve as a positive catalyst for the CAC index. Technical indicators, however, present mixed signals: RSI is neutral at 45, MACD is negative and below the signal line, and the price is slightly below the 20- and 50-day moving averages. In the short term, the news flow may offset technical weakness, but upside movement is expected to remain limited. Therefore, the direction is upward with moderate confidence.

NDX is trading below its 20- and 50-day moving averages, and while the RSI at 37 approaches oversold territory, momentum remains weak. The MACD line is below the signal line and in negative territory, confirming a short-term bearish trend. News indicates global fund flows are shifting from the US to Europe, which could create additional selling pressure on US indices. However, the low RSI levels and the 0.78% decline over the past 24 hours do not entirely rule out a short-term recovery. Therefore, I maintain a bearish outlook with medium-to-high confidence.