Nasdaq and S&P 500 Sink to Oversold While Silver Rebounds

The Nasdaq and S&P 500 outlook hinges on oversold signals after AI data center fears reversed early post-election gains while silver rebounds. Razan Hilal, StoneX Media Market Analyst, breaks down the support zones on the Nasdaq, S&P 500 and silver charts after the selloff that followed the Democratic win. The Nasdaq is attempting to hold a rebound off a key technical confluence zone, with daily RSI recovering from oversold conditions last seen in March 2026. Concerns over a slower AI data center buildout turned initial buying into selling pressure across tech-heavy indices. Silver's connection with the tech and AI industry means its rebound may feed into a broader recovery in risk sentiment. The S&P 500's daily RSI is also rebounding from oversold extremes last seen during the March 2026 selloff tied to the U.S.-Iran war. 00:00 - Democratic Win Sparks AI Fears 00:43 - Nasdaq Oversold at Key Support 01:23 - Nasdaq's Line in the Sand 03:28 - S&P 500 RSI at March Extremes 06:19 - Why Silver Tracks Tech and AI 07:47 - Silver's Historical Safety Net Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_razan_hilal&utm_content=share Like and subscribe for more financial market insights. #Nasdaq #StoneX #RazanHilal #Silver --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social