Dow Jones Sees Sharpest Drop Since April 2025 After Fed Decision
📊 DJI — Piyasa Yorumu
▼ down · 70%The Dow Jones experienced its sharpest decline since April 2025 following the Fed's decision, indicating that selling pressure may persist in the short term. Technical indicators support this view: the RSI is approaching oversold territory at 34 but has yet to signal a recovery. The MACD line is well below the signal line and in negative territory, reflecting weak momentum. The price is trading below both the 20-day and 50-day moving averages, confirming a short-term downtrend. However, the approach to oversold levels also raises the possibility of some technical correction or consolidation.
📊 GOOGL — Piyasa Yorumu
▼ down · 60%The sharp decline in the Dow Jones following the Fed's decision could negatively impact overall market risk appetite and create pressure on GOOGL stock. Technically, while the RSI at 58 is in neutral territory, the MACD being above its signal line indicates short-term momentum. However, the selling pressure generated by the macroeconomic news may override this positive signal. Although the stock is trading above its 20- and 50-day moving averages, the broader market downtrend could drag GOOGL lower. Therefore, I expect a bearish movement in the short term.