SpaceX IPO to Be Major Test for Wall Street
📊 SPX — Piyasa Yorumu
▼ down · 65%The SPX experienced a decline of more than 2% over the past 24 hours, falling to the 7267 level. Although the RSI has entered oversold territory at 29, the MACD line remains below the signal line and in negative territory. Trading below the 20- and 50-day moving averages suggests that short-term weakness may persist. The SpaceX IPO news stands out as a factor that could negatively impact market sentiment. However, the oversold territory and low price levels could also trigger a potential technical rebound.
📊 NDX — Piyasa Yorumu
▼ down · 65%The NDX has fallen 2.35% in the last 24 hours to 28,506, with the RSI approaching oversold territory at 32. 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 (29,016 and 29,744, respectively), further weakening the technical outlook. News of a potential SpaceX IPO may reduce risk appetite for technology stocks, adding additional pressure on the NDX. However, the RSI nearing oversold levels also raises the possibility of a short-term bounce.