October Inflation Data Announced

GOOGL has suffered a sharp 13.8% decline over the past 24 hours, with the price falling back to the 279 level. Although the RSI at 30.8 is close to the oversold threshold, the MACD remains in negative territory and is trading above its signal line; this suggests that weak momentum may persist in the short term. The price is below both the SMA20 and SMA50, meaning the short-term trend is downward. October inflation data alone is not a stock-specific catalyst; its macroeconomic impact will be indirect through interest rate expectations and carries directional uncertainty. Therefore, for the 1-3 day outlook, I anticipate a slightly downward bias with low confidence.

The inflation data has been released, but the impact remains uncertain because the headline does not specify the figure or the direction of any surprise. On the technical side, RSI at 55.8 is in neutral territory, MACD is slightly below its signal line, and price is moving sideways above SMA20/SMA50. With the 24-hour change at only 0.02%, the market currently appears unresponsive. Making a directional call before the details of the data (above/below expectations) become clear is risky. In the short term, consolidation around 56.00 is expected to continue.

October inflation data has been released, but the headline contains no detailed figures; therefore, the impact remains unclear. On the technical side, USDTRY is trading sideways around 49.99, with RSI at 61 indicating mild positive momentum but not overbought. MACD is slightly above the signal line, though momentum is weak. SMA20 and SMA50 are at nearly the same level, showing a directionless squeeze. A neutral bias is expected in the short term until the direction of the inflation surprise becomes clear.