Fed Raises Rates After 3 Years: Warsh Catches Trump Off Guard
📊 DXY — Piyasa Yorumu
▲ up · 55%The Fed's first rate hike in 3 years and Warsh's hawkish tone are supportive for DXY in the short term. However, the price is already above the SMA20 and SMA50, and with RSI at 55, it is not in overbought territory; MACD is slightly below the signal line, indicating limited momentum. The 24-hour change is nearly flat (0.06%), suggesting the market may have digested the news. In the 1-3 day outlook, I expect a moderate upward bias, but the 100 level may act as resistance. Confidence level: medium.
📊 SPX — Piyasa Yorumu
▼ down · 60%The Fed's first interest rate hike in three years and Warsh's hawkish stance against Trump are developments suppressing risk appetite. The S&P 500 has already fallen 1.49% in 24 hours, with an RSI of 37 indicating weakness but nearing oversold territory. The price is below the 20-day and 50-day simple moving averages, and the MACD is negative and below its signal line; short-term momentum is downward. The rate hike news confirms this technical weakness, but the low RSI level suggests that some of the sharp selling has been priced in. Downward pressure may persist for 1-3 days, but a rebound could occur.