New York Stock Exchange Closed Lower After Fed Interest Rate Decision

The news reports that the New York stock market closed lower after the Fed's interest rate decision; this indicates weakness in overall risk appetite and could create downward pressure on GOOGL in the short term. Technical indicators are mixed: RSI is neutral around 49, MACD is below the signal line (1.06 vs 1.68) indicating negative momentum, but the price is above the SMA50 (339.33) and just below the SMA20 (345.30). Although the last close at 342.85 rose 0.97% in 24 hours, this rise could reverse with post-Fed selling. Due to overall market pressure and negative MACD, the 1-3 day direction is downward, but due to SMA50 support and neutral RSI, the decline is likely to be limited. Therefore, the confidence level should be kept moderate.

The SPX declined 1.49% over the past 24 hours to 7553, and the selling pressure following the Fed's interest rate decision indicates that short-term pressure persists. The RSI at 37.6 is weak but has not yet entered oversold territory; the MACD is negative and below its signal line. The price is below both the SMA20 and SMA50, confirming a downward short-term trend. News flow may increase uncertainty after the rate decision, and downside risk with volatility could continue over the next 1-3 days. Nevertheless, a cautious downward bias assessment is appropriate rather than a definitive decline, as reactive buying may emerge.

The Nasdaq-100 (NDX) closed at 28,953, down 1.6% over the past 24 hours, confirming selling pressure following the Fed's interest rate decision. With an RSI of 42, momentum remains weak, while the MACD is negative and below its signal line. The price is trading below both the 20-day SMA (29,072) and the 50-day SMA (29,255), confirming a short-term downtrend. Due to uncertainty in the news flow and reduced risk appetite after the Fed, the 1-3 day outlook is bearish. However, I note that the decline may be limited as the RSI is not approaching oversold territory and a rebound is possible.

The New York Stock Exchange closed lower after the Fed's interest rate decision, a negative short-term signal for the DJI index. The index has already fallen 2.15% in 24 hours, and the RSI at 32 is approaching oversold territory. The MACD is negative and below the signal line, indicating that downward momentum may continue. The price is trading below the SMA20 and SMA50, confirming a weak short-term trend. However, the low RSI level increases the possibility of a rebound, so it is advisable to be cautious rather than definitively bearish.