Trump's Rate Cut Expectations Reverse, Fed Hike Probability Strengthens

The headline indicates that the likelihood of the Federal Reserve raising interest rates has strengthened, reversing expectations of a rate cut that President Trump had hoped for. This development could have a negative impact on the market, as higher interest rates may weigh on equity valuations. On the technical front, the RSI is approaching overbought territory at 61, while the MACD remains positive but momentum could weaken. Although the price is above the SMA20 and SMA50, the news flow could create selling pressure in the short term. Therefore, the short-term direction may be downward, but it might be premature to expect a strong decline.

The news headline indicates that the probability of a Fed rate hike has strengthened, which could reduce risk appetite and put pressure on growth-oriented indices such as the NDX. Technically, the RSI is in neutral territory at 57, the MACD is positive, but the price is above the SMA20 and SMA50, suggesting some short-term resistance. The 1.8% increase over the last 24 hours could turn into profit-taking due to the news impact. However, since the current trend is still upward, any decline is likely to be limited. Therefore, I expect a slightly negative direction in the short term.

The news headline indicates that the probability of a Fed rate hike has strengthened, which is generally a supportive factor for the dollar index (DXY). On the technical indicators, the RSI is near the oversold region at 35, suggesting potential for a short-term rebound. The MACD is in negative territory but close to the signal line, indicating weakening momentum but limited downside. Although the price is below the SMA20 and SMA50, the news flow and oversold conditions increase the likelihood of a short-term upward correction. However, since there is no clear signal for a strong trend reversal, the upside expectation should be held with moderate confidence.