Dick’s Sporting Goods’ stock price (DKS) skidded in the intraday levels under negative pressure from trading below the 50-day SMA, while seeking a bottom to bounce it higher, as it leaned on the main upward trend line in the medium term, with positive signals from the RSI.

Therefore we expect the stock to return higher, targeting the pivotal resistance of $251.75, provided the support of $206.60 holds on.

Trend forecast for today: likely Bullish

Adobe’s stock price (ADBE) edged higher in the intraday levels while trying to recoup some recent losses, as it vented off oversold saturation in the RSI, while still suffering negative from trading below the 50-day SMA, amid the dominance of the main downward trend in the medium term, while trading alongside the secondary short-term trend line. 

Therefore we expect the stock to return lower, targeting the support of $403.75, provided the resistance of $465.70 holds on.

Trend forecast for today: likely Bearish 

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.