Dow Jones Futures Decline as Tech Stocks Retreat on Oil Price Surge; AI Server Stock Rises Ahead of Google and Tesla Earnings

Although GOOGL shares closed down 3.88% with an RSI of 38.8 approaching oversold territory, the MACD remains below the signal line in negative territory. Trading below the 20- and 50-day moving averages indicates short-term weakness. News headlines note that declines in Dow Jones futures and a spike in oil prices are putting pressure on technology stocks. Despite a rally in AI server stocks ahead of Google and Tesla earnings, overall market sentiment appears negative. Therefore, the likelihood of a continued short-term downtrend is high.

TSLA closed down 2.98% in the last session, with the RSI at 45.6, indicating a neutral-to-bearish zone. The MACD line is below the signal line and in negative territory, suggesting weak short-term momentum. The price is just above the 20-day SMA but remains below the 50-day SMA, further weakening the technical outlook. News headlines indicate Dow futures are declining and tech stocks are retreating amid a spike in oil prices, creating a negative environment for TSLA. The rise in AI server stocks does not provide direct support to TSLA, so the bearish trend may continue in the short term.

The Dow Jones index closed 0.5% lower in the last session, with the RSI at 48.4, signaling a weak neutral zone. The MACD line is below the signal line and in negative territory, indicating weak short-term momentum. Although the price is just above the 20-day moving average (52,160), it remains below the 50-day moving average (52,402), supporting a bearish trend. Headline news of a decline in technology stocks and a spike in oil prices could pressure the index. However, a rally in AI stocks ahead of Google and Tesla earnings offers limited recovery potential.

The NDX posted a slight gain of 0.27% over the past 24 hours, but the RSI at 55.4 remains in neutral territory, with the price trapped between the SMA20 and SMA50. Although the MACD line is above the signal line, the narrowing gap suggests weakening momentum. News headlines indicate that a spike in oil prices is weighing on tech stocks, while Dow futures are declining, potentially reducing risk appetite in the near term. However, a rally in AI server stocks ahead of Google and Tesla earnings is creating selective recovery potential for the NDX. Overall, the current technical picture and news flow offer no clear direction, so a neutral stance is recommended.