Jeremy Grantham: US Stocks Could Drop 70% in History's Most Expensive Market
📊 NDX — Piyasa Yorumu
▼ down · 65%Jeremy Grantham's warning could amplify selling pressure on the NDX, which is already technically weak. The RSI has fallen below the neutral zone at 43, and while the MACD is below zero but above its signal line, momentum remains weak. The price is trading below both the 20-day and 50-day moving averages, indicating a negative short-term outlook. The combination of fear from the news and technical weakness suggests a bearish trend over the next 1-3 days. However, since the index has not entered oversold territory, the decline may be limited.
📊 DJI — Piyasa Yorumu
▼ down · 60%Jeremy Grantham's warning could create short-term selling pressure among market participants. However, technical indicators are not yet in oversold territory; the RSI is neutral at 54, and the MACD has just crossed below its signal line. Therefore, while a downward trend is possible, it may be premature to expect a sharp sell-off. Investors are advised to remain cautious and be prepared for a potential correction.
📊 DOW — Piyasa Yorumu
▼ down · 65%Jeremy Grantham's warning could create additional selling pressure on an already technically weak Dow stock. The stock is trading below its 20- and 50-day moving averages, with the RSI approaching the oversold zone at 38. The MACD line is below the signal line and in negative territory, confirming weak short-term momentum. Although the 5% decline over the past 24 hours has partially priced in the news, the risk of a continued downtrend remains high due to Grantham's reputation and stark warning. However, since the stock has not yet entered oversold territory, the severity of the decline may be limited.
📊 DXY — Piyasa Yorumu
▼ down · 60%The DXY is trading below its 20- and 50-day moving averages, with the RSI at 42 in weak territory. The MACD line is below the signal line and negative, confirming short-term bearish momentum. Jeremy Grantham's stark warning on US equities could reduce risk appetite, indirectly pressuring the DXY. However, as the dollar index is already declining, the additional impact of the news may be limited. A pullback below the 101 level is highly likely in the short term.