Blackstone’s stock price (BX) returned lower in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative pressure from trading below the 50-day SMA, after managing to vent off oversold saturation in the RSI.

Therefore we expect more losses for the stock, targeting the support of $147.00, provided the resistance of $166.00 holds on.

Trend forecast for today: Bearish 

Brent oil price managed to achieve our second waited target at 71.25$ and surpassed it to settle below it, confirming the continuation of the bearish trend domination in the upcoming period, reminding you that our next target is located at 70.50$, which breaking it represents the key to head towards 69.50$ as a next negative target.

Crude oil price shows new negative trades to reach the thresholds of the waited extended target at 67.05$, to support the continuation of the expected bearish trend for the upcoming period, reminding you that breaking this level will extend the bearish wave to reach 65.50$ on the near-term basis.

Silver price surpassed 31.63$ level again and closed the last four hours’ candlestick above it, to hint the attempt to build bullish wave on the intraday basis, especially that we are witnessing positive pattern signs that supports the chances of achieving more gains in the upcoming sessions.

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