11,000 Critical for BIST 100: New Scenario After 12 Billion TL Liquidation Selling

XU100 rose 2.07% in the last 24 hours to reach 11,251 and is holding above the critical 11,000 threshold. Although RSI at 66.5 is approaching overbought territory, it has not yet generated a sell signal; MACD being clearly above its signal line indicates that short-term momentum remains positive. The price is trading above SMA20 and SMA50, supporting the technical outlook. The recovery scenario following the TRY 12 billion liquidation selling in the news headline suggests that the market has absorbed the selling, but the risk of a break below the 11,000 level remains. Therefore, I expect a moderately upward trend in the 1-3 day outlook; however, due to the high RSI level and the uncertain tone of the news, I keep confidence at a medium level.

The news headline focuses on the BIST 100 and does not contain a direct connection to GOOGL; therefore, its impact may be limited and indirect. Technical indicators paint a weak picture: the price is below the SMA20 and SMA50, MACD is in negative territory, and RSI at 36 signals weak momentum. However, the RSI's approach to oversold territory increases the likelihood of short-term rebound buying. The news is not expected to create a clear direction for GOOGL; the current weak technical outlook supports a sideways-to-downward bias. For this reason, a neutral stance appears more appropriate in the short term.

The BIST 100's decline to a critical level and 12 billion TL in liquidation sales could create general selling pressure in the markets. Although GARAN's RSI at 69.8 places it in overbought territory, market sentiment has turned downward. While the positive MACD supports its short-term momentum, the index's downtrend may also affect GARAN. Therefore, a slight price decline is likely within 1-3 days. However, an abrupt collapse is not expected, as the company's fundamentals remain strong.

The news headline implies that the 11,000 level is critical for the BIST 100 and that a new scenario is being discussed following 12 billion TL in liquidation selling; such headlines generally reflect uncertainty and a cautious trading bias. In AKBNK's technical picture, the price is above the SMA20 (62.16) and trading close to the SMA50 (62.88), with a 24-hour change of +1.45%, a moderate positive. RSI14 is at 57 in neutral territory, while MACD is slightly above its signal line but still in negative territory, giving a weak recovery signal. News flow after the liquidation selling may increase volatility in the short term; if the index holds the critical level, the stock may find support, otherwise selling pressure may continue. Therefore, I consider the 1-3 day outlook neutral, with no clear catalyst yet for direction.