Major IPOs to Test US Bull Market
📊 SPX — Piyasa Yorumu
■ neutral · 60%The SPX is trading just below its 20-day moving average (7588), with the RSI at 47, indicating neutral territory. The MACD line remains below the signal line, suggesting weak short-term momentum. News headlines imply that large IPOs could create liquidity pressure in the market, though this effect is typically gradual. The 50-day moving average (7566) stands as a nearby support level, with the price attempting to hold in this zone. More catalysts are needed to determine a clear short-term direction.
📊 NDX — Piyasa Yorumu
▼ down · 55%NDX closed below its 20-day SMA (30,549) with RSI at 44, indicating weak momentum. The MACD line remains below the signal line, suggesting negative short-term momentum. News headlines imply that major IPOs could create liquidity pressure in the market, testing the bull market. Combined, these factors increase the likelihood of a short-term pullback toward the 50-day SMA (30,312). However, as the bearish trend is not yet overly strong, I expect a downward move with moderate confidence.