Bets on Fed Rate Hike in 2026 Persist
📊 SPX — Piyasa Yorumu
▼ down · 70%The SPX fell 2.5% in 24 hours to 7,315, closing below both its 20-day (7,384) and 50-day (7,498) moving averages. The RSI at 34.3 is approaching oversold territory but has not yet signaled a recovery; the MACD line remains below the signal line and in negative territory, confirming weak momentum. Expectations of Fed rate hikes could amplify selling pressure by fueling growth concerns. In the short term, a break below the 7,300 support level could accelerate the decline, though oversold conditions may lead to some consolidation.
📊 NDX — Piyasa Yorumu
▼ down · 70%NDX fell 3.6% in the last 24 hours to 28,686. While the RSI at 34.6 is approaching oversold territory, the MACD remains below the signal line and in negative territory. The price is trading below the 20-day (29,134) and 50-day (29,899) moving averages, indicating short-term weakness. Expectations of Fed rate hikes continue to pressure technology stocks. The downtrend is likely to persist in the near term, though some buying on dips may occur due to oversold conditions.