Global Markets Split Between Chip Rally and War Tensions

NVDA shares fell 3.37% in the last 24 hours, closing at $203.38. The RSI has dropped to 43.25, moving below the neutral zone, indicating weakened short-term momentum. The MACD line remains below the signal line and in negative territory, suggesting that selling pressure could persist. The price has fallen below both the 20-day ($205.11) and 50-day ($207.17) moving averages. The mention of 'war tensions' in the news headline may create additional risk perception for chip stocks, potentially supporting a bearish trend in the short term.

Although AMD shares have lost 5.3% in the last 24 hours, the RSI at 44 has not yet approached oversold territory, and the MACD remains above its signal line. The 20-day moving average (502.65) provides support just below the current price, while the 50-day average (526.70) acts as resistance. The uncertainty between the chip rally and war tensions mentioned in the news headline does not provide a clear directional signal in the short term. Therefore, the market is expected to trade sideways over a 1-3 day period.

Brent crude fell nearly 2% in the last 24 hours to $88.43. Although the RSI at 48.7 remains in neutral territory, the MACD continues to stay below the signal line, indicating short-term weakness. The price closed just below the 20-day moving average ($88.53), suggesting increased selling pressure. While headlines about 'war tensions' keep supply concerns alive, risk-on developments such as the chip rally create uncertainty about oil demand. If the $88 support level is broken in the short term, the decline could gain momentum.

WTI crude oil is neither overbought nor oversold, with the RSI at the 50 level. Although the MACD remains below the signal line, it is still above zero, indicating that momentum is weakening but not entirely lost. The price is trading above the 20-day and 50-day moving averages, supporting a medium-term uptrend. While war tensions in the headline could push oil prices higher, the chip rally and global demand concerns may exert downward pressure. In the short term, the price is expected to fluctuate within the $81.5–$82.5 range.