Google's stock slid after piercing the support of the ascending price channel recently, breaking through the support of the 50-day SMA as well, doubling pressures amid negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the first support at 1298.48, provided it holds below 1385.30.
Expected trend for today: Bearish
Intel's stock kept falling in the short term on track for the fifth loss in a row while hurt by piercing the upward correctional trend line recently, with pressure from the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels.
Therefore we expect more losses for the stock, targeting the next support at 55.97.
Expected trend for today: Bearish
Wheat price shows tight trading since morning, settling around 475.00, thus, no change to the bearish trend scenario that depends on the price stability below 483.20, supported by the negative pressure formed by the EMA50, reminding you that our main waited target is located at 450.00.
The expected trading range for today is between 465.00 support and 480.00 resistance.
The expected trend for today: Bearish
Sugar price resumes its negative trades clearly to succeed touching our waited target at 11.45 and attacks it to move below it now, which supports the expectations of extending the bearish wave on the intraday and short term basis, reminding you that our next targets reach 11.00 followed by 10.60, while the expected decline will remain valid conditioned by the price stability below 12.16.
The expected trading range for today is between 11.10 support and 11.80 resistance
The expected trend for today: Bearish