Wall Street Futures Decline Amid Tech Losses and Ahead of Inflation Data
📊 GOOGL — Piyasa Yorumu
▼ down · 65%GOOGL shares fell 2.4% in the last session, closing below its 20-day simple moving average (SMA) of $364.95. The Relative Strength Index (RSI) stands at 46.7, remaining in neutral territory but showing a downward bias. The Moving Average Convergence Divergence (MACD) line is below the signal line and in negative territory, indicating weak short-term momentum. News headlines suggest that losses in technology stocks may persist, with the market remaining cautious ahead of inflation data. Therefore, a downward movement can be expected in the short term.
📊 NDX — Piyasa Yorumu
▼ down · 70%NDX experienced a 4.7% decline in the last 24 hours, with its RSI approaching the sell zone at 41.3. The MACD line remains below the signal line and in negative territory, indicating weak short-term momentum. The price closed just below the 20-day SMA (29,232) and significantly below the 50-day SMA (29,989). Headlines suggest that losses in technology stocks may persist ahead of inflation data. Therefore, downward pressure is expected to continue in the near term.
📊 SPX — Piyasa Yorumu
▼ down · 65%The S&P 500 (SPX) closed 2.73% lower at 7,386. The RSI stands at 42.9, indicating weak momentum, while the MACD remains below its signal line in negative territory. Price action is below both the 20-day and 50-day moving averages, confirming short-term pressure. Headlines point to losses in technology stocks and declining futures ahead of expected inflation data, reflecting a negative market sentiment. Therefore, the likelihood of a continued downtrend in the near term is high.
📊 AAPL — Piyasa Yorumu
▼ down · 70%AAPL shares have dropped 6.76% in the last 24 hours, with the RSI entering oversold territory at 24.5. The MACD line remains below the signal line and in negative territory, indicating weak short-term momentum. The price is trading below both the 20-day and 50-day moving averages. News headlines point to continued losses in the technology sector and uncertainty ahead of inflation data. While oversold conditions increase the likelihood of a short-term rebound, overall market sentiment and technical indicators support a bearish trend.