US Stocks Enter Critical Week with Tech Earnings and Fed Meeting Ahead

Although GOOGL shares rose 2.8% in the last close, the RSI at 61 has not yet approached overbought territory. The MACD remains below the signal line, which may indicate weakening short-term momentum. While trading above the 20-day SMA is positive, macro uncertainties such as the Fed meeting next week and technology earnings could weigh on pricing. Therefore, a neutral stance appears more appropriate until the short-term direction becomes clearer.

Technical indicators are sending mixed signals: RSI at 54 is in neutral territory, while MACD is below zero but approaching its signal line, indicating weak momentum. The price is above the 20-day moving average but near the 50-day average, suggesting short-term equilibrium. Headlines focus on macro uncertainties such as tech earnings and the Fed meeting, which may keep investors cautious. The 1% decline in the last 24 hours shows mild selling pressure but is insufficient to establish a clear direction. Therefore, no clear short-term trend is expected, and the market will remain sensitive to news flow.

Although NVDA has recorded a strong 7% gain in the last 24 hours, its RSI at 60 is not yet in overbought territory. The MACD remains slightly below the signal line, suggesting that short-term momentum may weaken. The price is trading above both the 20-day and 50-day moving averages, but uncertainties loom in a critical week featuring the Fed meeting and major tech earnings. As a result, no clear directional signal has emerged, and a sideways move can be expected.

The NDX closed just below the 20-day SMA (27164.65), which may act as short-term resistance. The RSI is neutral at 49.8, while the MACD remains below its signal line, indicating weak momentum. Headlines point to uncertainty from tech earnings and the Fed meeting, which could keep the market directionless. In the short term, a breakout above the 20-day SMA is needed for an upward move, while downside risks could extend to the 50-day SMA support (26894.71). Therefore, a sideways trend is expected until a clear signal emerges.