S&P 500 and Nasdaq Hit New Records, Tesla's Earnings Report Awaited

TSLA closed at $375.95, trading near its 20-day SMA ($375.39). The RSI stands at 47.3, indicating neutral territory, while the MACD is above its signal line but remains in negative territory. Although the news headline reflects general market optimism, uncertainty ahead of Tesla's earnings report may limit price action. In the short term, earnings results should be awaited for directional clarity.

Although the S&P 500 has hit a new record, the RSI stands at 50.8, indicating a neutral zone, and the price closed just below the SMA20 (7151). The MACD remains below the signal line, suggesting weak short-term momentum. Tesla's earnings report could determine market direction, but the current technical outlook does not provide a clear signal. Therefore, a sideways movement can be expected in the short term.

Although NDX rose 0.89% in the last session, the RSI stands at 49.8, indicating neutral territory, and the price remains just below the 20-day SMA (27,165). The MACD continues to stay below the signal line, suggesting weak short-term momentum. While the headline mentions record levels, the main focus is on Tesla's upcoming earnings report. This uncertainty may keep investors cautious. Therefore, the short-term direction is unclear, and a sideways trend can be expected.