Risk is S&P 500 has another 5% downside before trading rally - BofA
“If equalweight SPW can’t hold 5540, risk is SPX heads to 200wma of 3941 before trading rally,” the analysts wrote in a note.
Cash gained $29.2 billion, bond funds attracted $2.2B, gold funds saw inflows of $500 million, and equities experienced outflows of $2.1B. Energy funds had the largest inflow since March 2022 at $2.4B. Gold funds had their first inflow since May.
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