S&P 500 and Nasdaq Hit New Records
📊 SPX — Piyasa Yorumu
▲ up · 65%The S&P 500's record high is positively impacting market sentiment. Technical indicators also support this rally; the RSI at 62 indicates a strong trend without entering overbought territory. Although the MACD is just below the signal line, it remains in positive territory, and prices are above the 20- and 50-day moving averages. In the short term, the upward momentum is expected to continue, but the risk of a potential correction should not be overlooked as the market approaches overbought levels.
📊 NDX — Piyasa Yorumu
■ neutral · 60%NDX rose 3.47% in the last 24 hours, setting a new record, but its RSI at 67.5 is approaching overbought territory. The MACD remains below the signal line, which could indicate weakening momentum. While the short-term uptrend continues, overbought conditions and MACD divergence suggest a potential sideways move or minor correction. Despite positive news, buying pressure at current price levels is likely to diminish.