Crude oil price rallied upwards strongly to breach 81.84$ and closed the last four hours’ candlestick above it, to stop the correctional bearish trend scenario and head towards turning back to the main bullish track, noting that closing the daily candlestick above the mentioned level will lead the price to achieve gains that reach 84.68$ on the near term basis.

Gold price faces clear negative pressure to test the key support 2450.00$, which urges caution from the upcoming trading, as continuing the decline and breaking this level will stop the recently suggested bullish wave and push the price to suffer more losses on the intraday basis, while the price needs to consolidate above this level to resume the bullish trend that targets 2500.00$ as a next main station.

Procter & Gamble’s stock price (PG) rallied in the intraday levels, amid the dominance of the main upward trend in the short term, with positive signals from the RSI, after reaching overbought levels, thus trespassing the resistance of the 50-day SMA, shaking off its negative pressure. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of $169.10, provided the support of $163.14 holds on.

Trend forecast: Bullish 

Spotify Technology’s stock price (SPOT) fell in the intraday levels, with negative pressure from the 50-day SMA, thus leaning on the support of the upward trend line in the short term, with positive signals from the RSI after reaching oversold levels, as the stock tries to gather positive momentum to rise anew. 

Therefore we expect the stock to return higher and target the first resistance at $340.60, provided the resistance of $313.16 is reliably breached. 

Trend forecast: Likely Bullish