IBM's stock declined 1% in the last session while hurt by piercing the main upward medium-term trend line recently, and amid pressure from the 50-day SMA, coupled with negative signals from the RSI, settling thereafter at 132.97.

Therefore we expect more losses for the stock, targeting the support of 130.40, provided it settles below 135.17.

Expected trend for today: Bearish 

Wheat price tests 696.80 level now, and stochastic continues to provide the negative signals, to keep our bearish overview that depends on the price stability below the mentioned level, supported by the EMA50 that presses negatively on the price, reminding you that our next target is located at 676.60, while achieving it requires holding below 696.80 and 704.50 levels.

The expected trading range for today is between 680.00 support and 700.00 resistance.

The expected trend for today: Bearish

Sugar price shows positive trades now and attempts to breach 19.72, which urges caution from the upcoming trading, as breaching this level represents the key to return to the main bullish trend, while the price needs to trade below it again to resume the correctional bearish trend that its next target located at 19.16.

The expected trading range for today is between 19.20 support and 19.80 resistance

The expected trend for today: Bearish

Brent oil price shows more bullish bias to settle above 75.00$ barrier, which supports the expectations of continuing the bullish trend on the intraday and short term basis, depending on the price stability above 74.70 and 74.05 levels, noting that the EMA50 carries the price from below, to support the positive overview, which targets 77.80 as a next main station.

The expected trading range for today is between 74.00 support and 77.00 resistance.

The expected trend for today: Bullish