Coca-Cola's stock fell 0.62% in the last session while gathering momentum and venting off overbought saturation from the RSI, while buoyed by piercing the main downward trend line, with support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 53.78, provided the resistance of 49.72 was breached.
Expected trends for today: Bullish
JPMorgan & Chase's stock rose 0.43% in the last session while trading alongside the main downward medium-term trend line, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA.
Therefore we expect the stock to decline and target the support of 92.61, provided the resistance of 104.17 holds on.
Expected trends for today: Bearish
Wheat price tests the EMA50 that forms good intraday resistance against the price, and as long as the price is below 536.80, our bearish overview will remain valid for today, supported by stochastic loss to the positive momentum, reminding you that our targets begin by breaking 520.20 to confirm extending the bearish wave towards 503.70.
The expected trading range for today is between 517.00 support and 532.00 resistance.
The expected trend for today: Bearish
Sugar price keeps its stability above 12.16 now, to continue suggesting the bullish trend for today, which targets 12.86 level mainly, noting that breaking 12.16 will put the price under the negative pressure again, to head towards 11.45 areas initially.
The expected trading range for today is between 12.00 support and 12.86 resistance
The expected trend for today: Bullish