Wall Street Futures Recover: US-Iran Deal Optimism Balances Fed's Hawkish Stance

Despite the headline suggesting general market optimism, INTC stock has fallen 3.9% in the last 24 hours and is trading below its 20-day moving average. The RSI is neutral at 50, while the MACD has just crossed below its signal line, indicating weakening momentum. In the short term, a balance may form between macro optimism and technical weakness. Therefore, the direction is unclear, and the price is expected to fluctuate within the current range.

The news headline reflects expectations of a market recovery as geopolitical risks diminish. Although GOOGL shares posted a slight gain in the last session, the RSI at 45 remains in neutral territory, and the price is below the 20-day moving average. The MACD continues to stay below the signal line, indicating weak short-term momentum. However, positive news flow and the price hovering near the 50-day average suggest limited upside potential. Overall, market optimism may offset technical weakness, but a strong rally is not anticipated.

The headline indicates a recovery signal in futures as optimism over a US-Iran deal balances the Fed's hawkish stance. Technically, the RSI at 35.86 is near oversold territory, suggesting short-term upside potential. Although the MACD is below the signal line and the price is under the SMA20, it remains close to the SMA50, maintaining support. Despite a slight decline in the last close, the combination of news flow and technical indicators supports an upward move in the short term. However, due to the Fed's hawkish stance and overall uncertainties, the rally may be limited.

NDX closed above the 50-day SMA but remains below the 20-day SMA, with RSI at 40 in weak territory. MACD is below the signal line, and downward momentum persists. A limited short-term rise may be expected on news support, but technical indicators have yet to confirm a strong reversal.