Crude oil price traded with strong positivity to attack 79.35 level, which hints heading to attempt to recover and start intraday bullish wave, to monitor the price behavior according to the mentioned level, as breaching it will push the price to achieve additional gains that start at 80.90 and extend to 83.10, while holding below it will push the price to resume the main bearish wave again.

Gold price rallies upwards strongly to reach the bearish channel’s resistance, which urges caution from the upcoming trading, as continuing the rise and breaching this resistance will stop the recently suggested negative scenario and lead the price to start correctional bullish wave on the intraday basis, its targets begin by visiting 1686.40 areas, while consolidating below 1656.00 will push the price to resume the main bearish trend that its next target located at 1605.00.

Microstrategy's stock (MSTR) closed cautiously higher amid the dominance of the main downward short-term trend, while trading alongside the downward trend line, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower, targeting  the pivotal support of 143.90, provided the resistance of 268.00 holds on.

Open Live Trading Account

Expected trend for today: Bearish

Novavax's stock (NVAX) climbed in the last session and tried to recoup some recent losses, while also venting off oversold saturation in the RSI, amid the dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower, targeting the support of 8.85, provided the resistance of 34.88 holds on.

Open Live Trading Account

Expected trend for today: Bearish