US Futures Rise on Iran Ceasefire, Oil Falls, Tech Stocks Surge
📊 BRENT — Piyasa Yorumu
▼ down · 70%The news of a ceasefire in Iran is creating downward pressure on oil prices by alleviating supply concerns. Although Brent's RSI at 31.4 is approaching oversold territory, the MACD remains below zero and below its signal line, indicating weak momentum. The price is trading below both the 20-day and 50-day moving averages, confirming a short-term bearish trend. The 5.3% decline over the past 24 hours reflects strong selling pressure. While the likelihood of further declines in the short term is high, some corrective buying may emerge due to the oversold conditions.
📊 WTI — Piyasa Yorumu
▼ down · 70%The news headline indicates that the Iran ceasefire has lowered the geopolitical risk premium and is putting pressure on oil prices. Technical indicators also support this decline: although the RSI at 32 is near oversold territory, the MACD is below zero and below its signal line, signaling weak momentum. The price closed below both the 20-day (81.83) and 50-day (84.98) moving averages, making the short-term outlook negative. However, the low RSI level could trigger short-term bargain buying, so the downside expectation may be high but limited.
📊 SPX — Piyasa Yorumu
▲ up · 70%The headline indicates that a reduction in geopolitical risks and a decline in oil prices are positively impacting technology stocks. The SPX's RSI stands at 58, remaining in neutral territory without signaling overbought conditions, while the MACD is above its signal line, pointing to positive momentum. The price is trading above the 20-day SMA and near the 50-day SMA, supporting short-term upside potential. However, caution is warranted as the market may have already priced in the recent rally and is approaching resistance levels.
📊 NDX — Piyasa Yorumu
▲ up · 70%The news headline indicates that risk appetite has increased as geopolitical tensions ease, leading to a rally led by technology stocks. The NDX closed up 2.43% at 29,637, with the RSI at 60, maintaining upside potential without entering overbought territory. The MACD line is well above the signal line and in positive territory, signaling strong short-term momentum. The price is trading above both the 20-day (29,130) and 50-day (29,395) moving averages, confirming the uptrend. However, the upside expectation is tempered with cautious optimism, as the ceasefire news may already be priced in and profit-taking could occur in the short term.