Fed Chair Warsh: AI Investments May Raise Prices, But Inflation Will Not Be Persistent
📊 SPX — Piyasa Yorumu
▲ up · 60%The news that the Fed Chair indicated AI investments could increase prices but inflation would not be persistent is interpreted as a positive signal for the market. Technical indicators support this view: RSI at 57.7 is in neutral territory, MACD is above the signal line, and the price is trading above both the 20-day and 50-day moving averages. The short-term uptrend is expected to continue, but cautious optimism should be maintained as the market is not yet approaching overbought levels.
📊 NDX — Piyasa Yorumu
■ neutral · 60%The NDX closed at 29,503, stabilizing just above its 20-day and 50-day moving averages (29,461 and 29,458, respectively). The RSI is neutral at 50, while the MACD remains below its signal line and in negative territory, indicating weak short-term momentum. Fed Chairman Warsh's comments that AI investments could boost prices but inflation will not be persistent may have mixed effects on the market—potentially supporting tech stocks while easing rate hike concerns. However, with current technical indicators offering no clear directional signal, a sideways trend is expected in the near term.