Dow Falls as Oil Prices Rise, Nvidia Under Selling Pressure on AI Warning

NVDA closed at 218.20, down 3.5%, pressured by selling related to an AI warning. Although RSI at 36.9 approaches oversold territory, no reversal signal has yet emerged. MACD is negative and slightly below the signal line, indicating weak momentum. The price is trading below its 20-day and 50-day moving averages, suggesting short-term pressure may persist. Rising oil prices could reduce risk appetite and create additional pressure on tech stocks. The 1-3 day outlook is bearish, but oversold conditions may limit sharp declines.

The Dow index remained under selling pressure due to rising oil prices and Nvidia's artificial intelligence warning. While the RSI is neutral around 50, the MACD is in negative territory and below its signal line, but no oversold signal has yet emerged. The price is slightly above the SMA20 but below the SMA50, indicating a weak short-term outlook. The news flow could reduce risk appetite and continue to exert downward pressure on the index. Nevertheless, I believe the decline may be limited and the 52,000 level should be monitored as support.

Brent crude oil price rose 3.86% in the last 24 hours to 108.65 and is trading above its 20-day moving average (106.93). The RSI is at 63, approaching overbought territory but not yet giving a strong reversal signal. The MACD line is above the signal line and in positive territory, confirming short-term upward momentum. Although the Dow decline and Nvidia-related selling pressure in the news headlines reduce risk appetite, the increase in oil prices is a fundamental support factor for Brent. Therefore, in the 1-3 day horizon, the upward trend is expected to continue, but the RSI approaching 70 indicates limited upside potential.